Odaily News Lawyers for BiT Global have dropped their lawsuit against Coinbase over its delisting of the wrapped Bitcoin token wBTC just two months after launching competing token cbBTC. Under the agreement, the two companies will pay their respective legal fees.
BiT Global is a company backed by TRON founder Justin Sun, and was a strategic partner with BitGo to provide wBTC wrapped Bitcoin tokens. The lawsuit was dismissed, meaning it will no longer be filed. (The Block)
Justin Sun-linked BiT Global drops legal dispute with Coinbase over wBTC
2025/06/08 08:18
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