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US federal judge rules Coinbase can delist WBTC

US federal judge rules Coinbase can delist WBTC

CointimeCointime2024/12/19 01:00
By:Cointime

US Federal Judge Araceli Martínez-Olguín has rejected the temporary restraining order request made by Hong Kong company BiT Global, allowing Coinbase to proceed with its plan to delist Wrapped Bitcoin (WBTC) from its platform. The judge ruled that BiT Global failed to demonstrate that Coinbase's action would cause "immediate and irreparable harm" to them.

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