Coinbase Hit with $1 Billion Lawsuit Following Controversial Wrapped Bitcoin Delisting Decision
Coinbase, a leading cryptocurrency exchange, is facing a lawsuit for over $1 billion from BiT Global Digital Limited, a company based in Hong Kong. The lawsuit claims that Coinbase acted unfairly by delisting Wrapped Bitcoin (wBTC) from its platform to benefit its own product, cbBTC. BiT Global argues that Coinbase’s reasons for the delisting are ...
