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Robinhood Markets Addresses Dogecoin Crypto Wallet Backlash

In a lengthy post on Twitter, the online trading company Robinhood addressed the backlash from Dogecoin fans over their nearly 29% control of all Dogecoin in circulation. The Dogecoin wallet issue was recently brought to light by Elon Musk when he tweeted.

Finally on Wednesday Robinhood addressed the issue.

The big criticism of Robinhood is that people who purchase Dogecoin on their platform really don’t own it, due to how their wallet structure is configured.

Robinhood looks to be trying to address the issue. We will keep you posted on more on this story develops.

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