PANews June 8 news, according to The Block, the law firm BiT Global has agreed to withdraw its lawsuit against Coinbase, which was filed just two months after the launch of the competing token cbBTC, regarding the delisting of wBTC. According to the documents, BiT Global's lawyers agreed to withdraw the lawsuit, meaning it cannot be refiled. Both companies have agreed to pay their own legal fees incurred from the lawsuit. The law firm BiT Global, backed by Justin Sun, became a 'strategic partner' with BitGo last year to jointly launch wBTC.
