News Coinbase Justifies wBTC Delisting by Pointing to Justin Sun Connection “We've filed our response to BiT Global’s effort to stop our delisting of wBTC before any discovery or even formal ...

The community has fired back against Coinbase’s reasoning for delisting WBTC in connection to “unacceptable risk” that the exchange has linked to Tron founder Justin Sun.

Lawyers for US-based cryptocurrency exchange Coinbase have requested a federal judge dismiss a lawsuit filed by BiT Global over the firm’s decision to delist wrapped BTC (wBTC). In a Jan. 21 ...

Coinbase announced on November 19 that it will delist wBTC starting December 19, 2024. The exchange has cited its “listing standards” in a periodic review, but the timing raised eyebrows.

Coinbase initiated a review of wBTC after the partnership's unveiling. It asked BiT questions about its ownership and Sun's suspected involvement, but the firm "refused" to answer them, Coinbase's ...

Coinbase and BiT Global settled their wBTC delisting dispute, closing the lawsuit with prejudice. The suit had sought over $1 billion in damages, claiming the delisting favored Coinbase's cbBTC token.

BiT Global claims Coinbase’s decision to proceed with the wBTC delisting is anti-competitive and violates "numerous state and federal laws" and believes the delisting will also "damage" BiT ...

Coinbase has allowed the trading of wBTC on its exchange since at least October 2020. Pegged to bitcoin’s value, wBTC enables users to interact with decentralized finance applications on ...

Coinbase, the prominent cryptocurrency exchange, has successfully fended off an attempt by Hong Kong-based BiT Global Digital Limited (BiT) to block the delisting of Wrapped Bitcoin (wBTC) from ...

Coinbase chief legal officer’s response to the Dec. 18 ruling. Source: Paul Grewal Coinbase announced on Nov. 19 that it would suspend wBTC trading on the exchange starting on Dec. 19.