Bit Global Drops Lawsuit Against Coinbase: Dispute Resolved

Bit Global and Coinbase reached a settlement agreement to end their legal battle regarding the delisting of Wrapped Bitcoin (WBTC) from Coinbase’s platform. The decision, filed on June 6th in the Northern District of California, dismisses the case with prejudice, preventing Bit Global from re-submitting it in the future. This move marks the end of a contentious dispute concerning the control and management of token infrastructure within the rapidly evolving digital asset landscape.