Coinbase announced in November that it would delist WBTC on December 19, after the token became affiliated with Tron founder Justin Sun. Coinbase and Bit Global Clash in Court Over WBTC Delisting California judge Araceli Martínez-Olguín gave crypto exchange Coinbase the green light to delist wrapped bitcoin (WBTC) despite attempts by digital asset custodian Bit […]
Coinbase Opposes $1 Billion Lawsuit Over WBTC Delisting by Bit Global
Coinbase has thrown a legal argument against a lawsuit from Bit Global Digital Limited, which aims to overturn Coinbase’s choice to drop wrapped bitcoin (WBTC) from its exchange. Coinbase Defends Its Decision to Delist WBTC In a court filing submitted on Tuesday, Coinbase defended its action, claiming it was a necessary step to shield its […]
WBTC Delisting Sparks Skirmish Between Justin Sun and Coinbase Executive
The upcoming delisting of Wrapped BTC (WBTC) from the Coinbase platform and the legal battle between the exchange and Bit Global have sparked a series of social media skirmishes between Bit Global-linked Justin Sun and Coinbase CLO Paul Grewal. Justin Sun and Coinbase CLO Paul Grewal Discuss WBTC Delisting on Social Media The recent lawsuit […]
Bit Global Files $1 Billion Lawsuit Against Coinbase Over WBTC Delisting
Bit Global has filed a $ 1 billion lawsuit against Coinbase, alleging anticompetitive practices following the delisting of the wrapped Bitcoin token (WBTC) from the exchange. The lawsuit, filed in the U.S. District Court for the Northern District of California, accuses Coinbase of exploiting its dominant position in the market to favor its own …
Meme Coins Go Mainstream: Coinbase Lists GIGA and TURBO
Coinbase, a publicly traded crypto company and one of the largest exchanges globally has expanded its offerings with two new meme coins. Gigachad (GIGA) and turbo (TURBO) are now available for trading on the San Francisco-based platform. Coinbase Adds Gigachad and Turbo Coinbase (Nasdaq: COIN) has been on a meme coin spree lately. Over the […]