According to CoinDesk, Coinbase (COIN. O) said it was removing wBTC because of the "unacceptable risk" that Justin Sun would pose. Last week, BiT Global, the issuer of wBTC, filed a wide-ranging lawsuit accusing Coinbase of improperly favoring its rival cbBTC. But in a 25-page response, Coinbase said the decision was related to Justin Sun, the crypto billionaire and founder of Tron Blockchain, who has also been charged with fraud and market manipulation in the United States. According to Coinbase filings, Justin Sun was linked to wBTC through a partnership announced in August. "Given Justin Sun's involvement, Coinbase, like many other companies in the industry, raises serious questions about whether BiT can be a reliable steward," Coinbase said.