BiT Global has accused Coinbase of deliberately delisting the wBTC token to promote its own cbBTC, seeking $1 billion in damages. The lawsuit, filed on December 13, 2024, in a California court, alleges antitrust violations and false statements.
🗣 Coinbase explained the delisting as due to wBTC failing to meet the platform’s standards. BiT Global argues this move reflects unfair competition and is demanding a ban on such practices in the future.
