Coinbase sued for $1B over wBTC delisting in competitive cryptocurrency industry

From Cointelegraph.

December 13, 2024 1:52:42 pm:

BiT Global is taking legal action against Coinbase, seeking $1 billion in damages. The lawsuit alleges unfair practices by Coinbase, accusing the exchange of delisting wBTC to boost its own product, cbBTC. The battle between the two companies highlights the competitive nature of the cryptocurrency industry and the importance of fair competition.

Read more at Cointelegraph: Coinbase faces $1B lawsuit over wBTC delisting