Some crypto community members have criticized Coinbase for not giving technical reasons for delisting WBTC and justifying its decision by citing Justin Sun-linked risks.
The cryptocurrency community has fired back against Coinbase’s explanation for delisting Wrapped Bitcoin, which the exchange linked to the “unacceptable risk” associated with Tron founder Justin Sun.
On Dec. 17, Coinbase filed a response to a lawsuit brought by Sun-affiliated BiT Global, which accused Coinbase of harming the Wrapped Bitcoin (WBTC) market by delisting WBTC in November.
In the filing, Coinbase cited risks tied to Sun, including accusations of financial misconduct and regulatory investigations.
