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Coinbase Says It Nixed wBTC Because Justin Sun Posed 'Unacceptable Risk'

BiT Global, issuer of the "wrapped bitcoin" token, "refused" to answer Coinbase's questions about Sun's involvement, the exchange said in a court filing.

Dec 17, 2024, 9:07 p.m.
Tron Founder Justin Sun. (Danny Nelson/CoinDesk)
Tron Founder Justin Sun. (Danny Nelson/CoinDesk)