
Coinbase has submitted a request to dismiss a lawsuit brought by BiT Global, which questions the company’s decision to remove Wrapped Bitcoin (wBTC) from its platform.
This comes after the court previously denied a legal attempt by BiT Global to prevent the delisting.
Coinbase had removed wBTC due to concerns over its connection to Justin Sun, the founder of Tron blockchain, who has been accused of fraudulent activities and market manipulation.
BiT Global then filed a lawsuit to stop the delisting, arguing that it would negatively impact their operations.
However, the court rejected this request, with Coinbase stating that the lawsuit was without merit. In their latest filing, Coinbase is seeking to have all of BiT Global’s claims dismissed.