Coinbase was recently sued for delisting Wrapped Bitcoin (wBTC) by BiT Global claiming the US-based exchange unfairly removed wBTC from its platform...
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Coinbase wrapped bitcoin cbBTC went live months ago, and in November, the US-based exchange announced plans to delist wrapped bitcoin wBTC in December across all of its platforms. But this report doesn’t seem to go well with some. On December 13, 2024, BiT Global, a cryptocurrency company, filed a $1 billion lawsuit against Coinbase. The […] The post Coinbase faces lawsuit over wBTC delisting appeared first on CryptoTvplus - The Leading Blockchain Media Firm.
Coinbase was recently sued for delisting Wrapped Bitcoin (wBTC) by BiT Global claiming the US-based exchange unfairly removed wBTC from its platform...
BiT argues that Coinbase had ulterior motives to delist wBTC
The problem is related to the indirect entry of Justin Sun into the project of the main wrapped Bitcoin token.
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