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Coinbase Chief Legal Officer Responds to BiT Global Lawsuit: Removal Decision Based on Listing Criteria

On December 14, in response to BiT Global's lawsuit against Coinbase for $1 billion, alleging market manipulation by removing WBTC, Coinbase's chief legal officer wrote on X: "When an asset no longer meets our listing criteria, we drop it. When another asset can meet or exceed market requirements without sacrificing those criteria, we list it."