Coinbase has pushed back against BiT Global's attempt to halt the delisting of wrapped Bitcoin (WBTC).
Coinbase cites concerns about TRON founder Justin Sun's alleged fraud and market manipulation as well as the lack of transparency regarding WBTC's reserves.
BiT Global accuses Coinbase of unfairly delisting WBTC and claims it will cause reputational and financial harm.
Coinbase argues that the delisting decision aligns with its responsibility to protect platform integrity and customer confidence.