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December 18, 2024

Coinbase Takes Action: Removes wBTC Due to Justin Sun’s Involvement

Coinbase has made a controversial decision to remove wrapped Bitcoin (wBTC) from its platform. The move comes amid concerns linked to Justin Sun’s involvement in the asset. BiT Global has not provided satisfactory answers to Coinbase’s inquiries regarding this matter. This decision raises questions about the future of wBTC and its implications for traders and investors. The crypto community watches closely as regulatory and market dynamics evolve, especially in light of Justin Sun’s reputation and previous controversies.

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