BiT Global has officially ended its legal battle with Coinbase regarding the delisting of its wrapped bitcoin (wBTC) token. According to a joint court filing, BiT Global has agreed to dismiss the lawsuit with prejudice, meaning it cannot refile the case in the future. Each party will cover its own legal costs, and no additional terms have been disclosed. The lawsuit, filed in the Northern District of California, stemmed from Coinbases decision to remove wBTC, citing concerns that the token could end up under the control of Justin Sun. Sun, a prominent Chinese-born crypto entrepreneur, became… Read more
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