BiT Global has filed a lawsuit against Coinbase for over 1 billion dollars, accusing the company of unfair practices after removing the wBTC token from its platform to promote its own product, cbBTC. The lawsuit claims that this decision harmed the market and undermined users' trust in wBTC. BiT Global seeks compensation for damages and an injunction to prevent further harmful actions.
12/14/2024 11:06:19 AM (GMT+1)
BiT Global has sued Coinbase for 1 billion dollars, accusing the company of unfair competition after removing the wBTC token to promote its cbBTC product ⚖️
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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