Coinbase is removing wBTC from its platform! 🚫💼
- Reason? Sun Yuchen’s “unacceptable risks”!
- BiT Global accused Coinbase of favoring cbBTC, but Coinbase said the decision was about Sun Yuchen.
- Sun Yuchen’s allegations of fraud and market manipulation put wBTC in jeopardy. 😬
- BiT refused to answer questions about Sun Yuchen’s involvement.
Things are getting messy in the crypto world! 🌪️