Cryptocurrency exchange Coinbase has filed a motion to dismiss a lawsuit from BiT Global, which challenges the delisting of Wrapped Bitcoin (wBTC) from the platform. Last year, Coinbase removed wBTC due to concerns about its association with Tron founder Justin Sun and his alleged fraudulent activities. BiT Global filed a lawsuit to prevent the delisting, but the court denied the request. Coinbase argues that its decision was based on an internal review process and that BiT Global has not provided evidence of misleading statements. Coinbase maintains that it has the right to protect its customers and platform by delisting risky assets.



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