🚀🚀Altcoin Allegedly Passed Into Justin Sun's Hand 🚀🚀

According to the latest information, digital asset custody and security company BitGo announced that all operations related to Wrapped Bitcoin (WBTC) have been transferred to BiT Global, which is affiliated with Justin Sun and the TRON ecosystem.

In a statement on Twitter, BitGo said, “BitGo is pleased to announce that its WBTC business has been moved to the world's first multi-jurisdictional and multi-institutional custody platform through an exclusive partnership and joint venture with BiT Global. This transition will be completed within 60 days from today without any service interruption. WBTC customers will continue to receive the same high quality of service we have provided since 2019.”

However, there are some concerns about the transition process. Following BitGo's announcement, MakerDAO's Risk Management Team recommended that WBTC be removed from the system if the new integrations with BiT Global did not meet security standards. This suggestion was discussed at a recent governance forum, where it was emphasized that MakerDAO's updated custody arrangements should be thoroughly evaluated to meet its stringent security and reliability criteria.

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