Coinbase Sued for $1B: wBTC Delisting Sparks Legal Battle
Key Takeaways: BiT Global Digital Limited has filed a $1 billion lawsuit against Coinbase, accusing the exchange of unfairly delisting Wrapped Bitcoin (wBTC) to promote its competing token, cbBTC. The complaint filed on Dec.13 accused Coinbase of having violated anti-trust laws by attempting to monopolize the wrapped Bitcoin market. According to BiT Global, this move […]