**Coinbase vs. BiT Global: The Latest Crypto Drama! 🎭**

- Coinbase and BiT Global, an entity associated with Justin Sun, are embroiled in a heated legal drama. BiT Global is suing Coinbase for removing Wrapped Bitcoin (WBTC) from its platform. However, Coinbase is not sitting idly by!

- Paul Grewal, Coinbase’s Chief Legal Officer, stated that BiT Global has not explained its ownership structure or addressed concerns about Justin Sun’s involvement. Coinbase feels that Sun’s influence could pose a significant risk to customers.

- Coinbase has also denied BiT Global’s allegations of financial harm, stating that WBTC only accounts for less than 1% of their trading volume.

- The drama escalated when BiT Global accused Coinbase of monopolistic practices and predatory tactics. However, Coinbase has responded by reminding Sun of his history of financial misconduct allegations.

What do you think about this drama? Are you team Coinbase or BiT Global? Let’s discuss in the comments!