Justin Sun-connected BiT Global sues Coinbase for delisting wBTC and launching competitor
Legal
• December 13, 2024, 1:47PM EST
Published 1 minute earlier on Quick Take
Justin Sun’s BiT Global is suing Coinbase for delisting wBTC and launching a competing product.
In August, BitGo named BiT Global and a BiT Global subsidiary as key maintainers of the wBTC protocol.
Justin Sun’s BiT Global, the firm that recently became a key stakeholder in the wrapped bitcoin (wBTC) ecosystem, is suing crypto exchange giant Coinbase, which last month decided to delist the asset and launch a compe...
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