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Coinbase Faces $1B Lawsuit from BiT Global Over Wrapped Bitcoin (WBTC) Delisting – Cryptonews

Coinbase is currently dealing with a $1 billion lawsuit from BiT Global over the delisting of Wrapped Bitcoin (WBTC). The lawsuit comes after Coinbase made the decision to remove WBTC from its platform. BiT Global claims that this move has caused them significant financial losses and is seeking compensation for damages. The delisting of WBTC has sparked controversy in the crypto community, with many questioning Coinbase’s decision. As the lawsuit unfolds, both parties will have to present their arguments in court. Stay tuned for updates on this developing story.

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