— 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.
Read more (5 min) →Results for WBTC
19 stories, newest first
— Justin Sun, Tron
WBTC relaunches on TRON, but abandoned version is bigger
WBTC has relaunched its TRON product, but currently it's seen zero adoption and the old version has a larger supply.
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.
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."
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.
— 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.
— 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.
— 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.
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.
— DeFi, Justin Sun
CHART: The growth of WBTC competitors
Since WBTC announced that Justin Sun would be involved in custody, several competitors have launched or taken advantage of the opportunity.