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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.

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.

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

The fine print of Justin Sun’s $6.2 million banana artwork means he can eat it as many times as he wants, so long as he replaces it.

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