🚀 COINBASE & BiT GLOBAL END DISPUTE REGARDING WBTC!
After months of tension, BiT Global has officially withdrawn its lawsuit against Coinbase related to the delisting of WBTC – each party bears its own legal fees, and cannot file again.
⭐ Context of the case:
🟢 Coinbase delisted WBTC due to concerns about "unacceptable risks" related to Justin Sun
🟢 BiT Global accused this move of favoring cbBTC – a competing product issued by Coinbase itself
➡️ Although no settlement agreement has been announced, this move helps to ease legal tensions, while also putting an end to the commotion surrounding the Sun – WBTC – cbBTC saga.