Coinbase Wins Case to Delist wBTC, Blocks BiT Global

December 21, 2024

Catenaa, Saturday, December 21, 2024 – A California federal court has ruled in favor of Coinbase, allowing the major cryptocurrency exchange to delist wrapped bitcoin (wBTC) despite efforts by Hong Kong-based BiT Global to block the decision through a temporary restraining order.  US District Judge Araceli Martínez-Olguín determined there was no valid reason to prevent […]

Coinbase, BiT Global Settle wBTC Delisting Dispute in Court

June 12, 2025

Catenaa, Thursday, June 12, 2025-Coinbase and BiT Global have resolved their legal dispute over the delisting of the wrapped bitcoin token (wBTC), ending a billion-dollar lawsuit that accused the US exchange of anti-competitive behavior. In a joint filing submitted to a California court, BiT Global agreed to dismiss its case with prejudice, closing the door […]