VIDEO: Unpacking Justin Sun’s messy WBTC deal with BitGo
Justin Sun’s deal to become involved with BitGo and wrapped bitcoin (WBTC) has drawn more attention to his own exchanges.
Justin Sun’s deal to become involved with BitGo and wrapped bitcoin (WBTC) has drawn more attention to his own exchanges.
MakerDAO has passed an executive vote to disable future WBTC borrows after it was revealed that Justin Sun will soon be involved.
BiT Global, BitGo, and Justin Sun are launching a new joint venture for WBTC, but a deeper review of BiT Global finds other ties to Sun.
Justin Sun is now involved with the WBTC products offered by BitGo, but his history with this type of product raises concerns.
Fortress Trust claimed that its hack resulted in “no loss of funds,” but Ripple statements say the acquisition will make “customers whole.”