Coinbase and BiT Global Resolve WBTC Delisting Legal Dispute

Reported about 14 hours ago

Coinbase and BiT Global have concluded their legal dispute concerning the delisting of BiT Global’s wrapped bitcoin (wBTC) token from Coinbase. A joint court filing revealed that BiT Global has agreed to dismiss its lawsuit against Coinbase with prejudice, preventing the case from being re-filed in the future. The lawsuit, initiated after Coinbase identified risks associated with the token, claimed that the delisting was unwarranted and harmed the token's liquidity and reputation.

Source: YAHOO

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