Coinbase Cites Justin Sun Risk For wBTC Withdrawal
Reading Time: 2 minutesCoinbase has opposed an emergency motion to halt its decision to delist wrapped Bitcoin (wBTC) due to risks tied to Justin Sun’s involvement Bit Global Digital Limited alleges reputational harm and antitrust violations but delayed seeking emergency relief, undermining claims of irreparable harm Coinbase has defended its actions as consistent with established listing standards and necessary to protect users from potential risks Coinbase has strongly opposed a motion by BitGlobal to prevent the delisting of wrapped Bitcoin (wBTC) from its platform…
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