No a single wallet with 23% of Doge isn’t waiting to rug the crypto. Yes it’s RH and they actually own just under 31%

The main piece of evidence will be the post linked below. That has literally everything you need to know about the situation that nearly guarantees it’s RH

link here

I’m not going to say it’s perfect that it’s Robinhood… as a single entity in custody of nearly 31% of the supply could definitely become problematic in the event of something like a hack. However it’s not a “rug pull” waiting to happen as this current top post suggests

The evidence post has more info about the wallet including tracking a transfer from the previous cold storage #1 to a hot storage #1 then to a users withdrawal who was participating in the alpha wallet release of RH wallets -

Yes RH previously said “we don’t own a sizable portion in any of the crypto assets we offer”. Which was taken as RH doesn’t own crypto but the fact are they are a custodian of it and - their users own it. It’s a semantic statement that is “technically correct”.

Yesterday via tweet they confirmed this theory that they are a custodian of crypto for their users but they don’t invest in crypto as a company. They also doubled down that they wouldn’t publicly confirm which wallet(s) belong to them.

wallet info here