Poloniex delists own WBTC product following depeg
The WBTC/BTC pair looks to have been removed from Poloniex completely, and the WBTC/USDT pair states, “Currently trading is disabled.”
The WBTC/BTC pair looks to have been removed from Poloniex completely, and the WBTC/USDT pair states, “Currently trading is disabled.”
Justin Sun claimed his ambassadorial role granted him diplomatic immunity. Unfortunately, this only applies while on official business.
Sun’s USDD is meant to stay priced at a dollar via a series of algorithmic mechanisms but it’s deviated 3% and currently trades for $0.97.
Poloniex, a Justin Sun-owned exchange, offers a WBTC product on Tron that’s currently trading at a more than 20% discount on Poloniex.
Sun had previously asked for the suit, which alleges that he sold unregistered securities to US investors, to be dropped.