🚀 Coinbase's decision to delist Wrapped Bitcoin (wBTC) has stirred the crypto pot, leading to a $1 billion lawsuit from BiT Global Digital Limited. The Hong Kong-based exchange claims Coinbase is playing Monopoly with its own version, cbBTC. 🎲
BiT Global alleges foul play, accusing Coinbase of trying to dominate the wrapped Bitcoin market. But Coinbase stands firm, citing listing standards. A federal judge recently sided with Coinbase, denying a restraining order.
Is this just the opening act of a crypto courtroom drama? Share your thoughts below!