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Coinbase fights back against BiT Global’s effort to block WBTC delisting

  • 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.

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