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.
5 answers
Starlight
Tue Dec 24 2024
The reason behind this decision was the connection between wBTC and TRON crypto founder Justin Sun.
LitecoinLodestar
Tue Dec 24 2024
This move sparked a legal dispute, with Coinbase facing opposition from those who wanted to keep wBTC listed.
MysterylitRapture
Tue Dec 24 2024
U.S. District Judge Araceli Martínez-Olguín, presiding in the Northern District of California, was involved in the case.
CryptoPioneer
Tue Dec 24 2024
Coinbase made a decision to delist wBTC from its exchange.
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.