Breaking News!
Coinbase's Shocking Decision!
Due to the 'Unacceptable Risk' from Sun Yuchen!
wBTC's Delisting Causes a Stir in the Cryptocurrency World!
According to authoritative reports from CoinDesk, Coinbase (COIN.O) has suddenly announced the official delisting of wBTC due to the 'unacceptable risk' posed by Sun Yuchen! This news has instantly ignited discussions and speculation across the internet! Last week, wBTC issuer BiT Global initiated a large-scale lawsuit directed at Coinbase, accusing it of favoring its competitor cbBTC. This lawsuit has hit the cryptocurrency community like a bombshell!
However, Coinbase did not sit idle. In a 25-page official response, Coinbase finally revealed the real reason for the delisting of wBTC—Sun Yuchen! This crypto billionaire and founder of the Tron blockchain has unexpectedly become the central figure in this storm!
According to Coinbase's documents, the connection between Sun Yuchen and wBTC stems from a partnership announced this August.
Considering Sun Yuchen's 'involvement', Coinbase explicitly stated that, like many other companies in the industry, there are serious doubts about whether BiT can become a reliable manager! This decision is undoubtedly a heavy blow to wBTC and its underlying team!
With this news exposed, the ever-changing landscape of the cryptocurrency market will become even more perplexing. The subsequent impact of Coinbase's delisting of wBTC, and how Sun Yuchen will respond to this crisis, will become our focus of attention!
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