Coinbase, BiT Global End Legal Fight Over WBTC Delisting

BiT Global agreed to dismiss its lawsuit against Coinbase, with each party covering its own legal expenses.

• BiT Global ended its legal dispute over the delisting of wBTC with Coinbase.
• BiT Global alleged in the lawsuit that Coinbase’s delisting of wBTC was unjustified and harmed the token’s liquidity and reputation.
• Coinbase delisted wBTC over what it called “unacceptable risk” associated with Justin Sun’s affiliation with the token.BiT Global has ended its dispute over the delisting of BiT Global’s wrapped bitcoin (wBTC) token on Coinbase.

  According to a joint court filing, BiT Global has agreed to dismiss its lawsuit against the crypto exchange with prejudice, meaning the case cannot be brought again in the future. The filing notes that both companies will cover their own legal expenses.BiT Global has ended its dispute over the delisting of BiT Global’s wrapped bitcoin (wBTC) token on Coinbase.

  According to a joint court filing, BiT Global has agreed to dismiss its lawsuit against the crypto exchange with prejudice, meaning the case cannot be brought again in the future. The filing notes that both companies will cover their own legal expenses.BiT Global has ended its dispute over the delisting of BiT Global’s wrapped bitcoin (wBTC) token on Coinbase.

  According to a joint court filing, BiT Global has agreed to dismiss its lawsuit against the crypto exchange with prejudice, meaning the case cannot be brought again in the future. The filing notes that both companies will cover their own legal expenses.