Cryptocurrency Q&A Why is WBTC being delisted?

Why is WBTC being delisted?

CherryBlossomGrace CherryBlossomGrace Sun Dec 22 2024 | 5 answers 1156
I heard that WBTC is being delisted and I'm wondering why. It's been a popular asset in the crypto market, so I'm curious about the reasons behind this decision. Why is WBTC being delisted?

5 answers

Starlight Starlight Tue Dec 24 2024
The reason behind this decision was the connection between wBTC and TRON crypto founder Justin Sun.

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LitecoinLodestar LitecoinLodestar Tue Dec 24 2024
This move sparked a legal dispute, with Coinbase facing opposition from those who wanted to keep wBTC listed.

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MysterylitRapture MysterylitRapture Tue Dec 24 2024
U.S. District Judge Araceli Martínez-Olguín, presiding in the Northern District of California, was involved in the case.

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CryptoPioneer CryptoPioneer Tue Dec 24 2024
Coinbase made a decision to delist wBTC from its exchange.

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Andrea Andrea Tue Dec 24 2024
Despite the opposition, Judge Martínez-Olguín denied issuing a temporary restraining order to stop the delisting of wBTC from the Coinbase platform.

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