🚨 NEWS ALERT 🚨

An unknown #CryptoWhale has accumulated over $118 million worth of #WrappedBitcoin ($WBTC ) amid controversy surrounding the token's ownership structure.

#Bitgo , the team behind Wrapped #bitcoin☀️ announced plans to transfer control over WBTC to a joint venture consisting of itself, Hong Kong-based investment manager #BiTGlobal , and #Sun’sTron ecosystem

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