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Results for Spotlight, WBTC

15 stories, newest first

Feb 11 — BitGo, Justin Sun

Did the WBTC DAO approve Justin Sun’s HTX as a merchant?

Justin Sun-owned HTX was added as a merchant to Sun-affiliated Wrapped Bitcoin, but it's not clear that the WBTC DAO was part of the choice.

What happened to WBTC on TRON?

Wrapped Bitcoin began hiding details about WBTC on TRON after Sun's involvement, and the product now seems nearly abandoned.

Dec 18, 2024 — BiT Global, Coinbase

Coinbase takes aim at Justin Sun in WBTC lawsuit response

Coinbase's response pointed out that the decision to delist WBTC was centered around the belief that Sun represented an "unacceptable risk."

Dec 13, 2024 — Coinbase, Justin Sun

Coinbase sued over WBTC delisting by Justin Sun-affiliated BiT Global

Justin Sun-affiliated BiT Global sued Coinbase over its decision to delist WBTC and favor its own competitor, cbBTC.

Dec 9, 2024 — BitGo, Justin Sun

Wrapped Bitcoin hides bitcoins for WBTC on Tron

Wrapped Bitcoin has removed WBTC on Tron from its dashboard where it provides proof-of-reserves for the various forms of the token.

Dec 2, 2024 — HTX, Justin Sun

Justin Sun-advised HTX has redeemed 7,300 WBTC it did not disclose

Justin Sun-advised HTX has redeemed thousands of wrapped bitcoin (WBTC), despite having no WBTC included in its proof-of-reserves.

Nov 25, 2024 — HTX, Justin Sun

Justin Sun’s HTX redeems $500M in WBTC it wasn’t supposed to have

Justin Sun-advised HTX recently redeemed approximately $500 million worth of WBTC, despite having no WBTC on its proof-of-reserves.

Nov 19, 2024 — CBBTC, Coinbase

Coinbase to delist WBTC months after Justin Sun controversy

Coinbase has announced that it intends to delist Wrapped Bitcoin (WBTC) from December 19 because it no longer meets the listing requirements.

Oct 22, 2024 — Ethereum, Justin Sun

WBTC supply contracts this month following Justin Sun custody drama

WBTC announced it will transition the custody of bitcoin for the token from BitGo to a joint venture between BitGo, BiT Global, and Sun.

Sep 12, 2024 — CBBTC, Justin Sun

Launch of cbBTC, WBTC competitor, sparks Justin Sun hypocrisy

Coinbase's new wrapped bitcoin product, cbBTC, has attracted criticism from Justin Sun, despite similar problems for his product.