Exciting! Coinbase's Major Decision, wBTC Delisted Due to Sun Yuchen
A strong shockwave hit the cryptocurrency circle! Coinbase made a shocking decision, wBTC was tragically delisted, and the trigger was actually Sun Yuchen's "unbearable risk"!
According to authoritative reports from CoinDesk, Coinbase (COIN.O) swiftly announced that due to the significant hidden dangers posed by Sun Yuchen, it would immediately delist wBTC. The news spread like wildfire across the internet, instantly stirring up a storm of speculation! Last week, the issuer of wBTC, BiT Global, furiously stirred up a huge wave, filing a lawsuit against Coinbase, accusing it of favoritism and protecting its competitor cbBTC. This lawsuit was like a massive nuclear bomb, shaking the cryptocurrency world to its core!
How could Coinbase sit idly by? In a lengthy 25-page official statement, they finally revealed the truth behind the delisting of wBTC—Sun Yuchen cannot escape blame! This billionaire in the crypto field and founder of the Tron blockchain found himself inexplicably caught in the eye of the storm!
It turns out that the documents from Coinbase reveal that the connection between the two dates back to a cooperative project announced in August this year. Considering Sun Yuchen's deep involvement, Coinbase did not shy away and directly stated, like many of its industry peers, that it was full of doubts about whether BiT could be a reliable manager. This decision undoubtedly struck a heavy blow to wBTC and its behind-the-scenes team!
Now that the news has been exposed, the cryptocurrency market is like a raging sea, increasingly unpredictable. What will be the subsequent effects of Coinbase's move? How will Sun Yuchen dismantle this crisis? All the suspense has become the focus!
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