June 09, 2025
Digital asset custodian BiT Global has ended its antitrust suit accusing cryptocurrency exchange Coinbase of delisting its "wrapped" bitcoin product to promote its own, ending an antitrust suit a federal judge said she was inclined to dismiss last month.
May 15, 2025
A California federal judge indicated Thursday she'll likely toss a $1 billion antitrust case against Coinbase claiming the cryptocurrency exchange delisted BiT Global after launching a competing "wrapped" bitcoin product for trading on decentralized exchanges, saying the suit didn't plausibly allege that Coinbase gave false justifications for dropping the rival.
December 18, 2024
A California federal judge on Wednesday refused BiT Global's request for a temporary restraining order to block Coinbase from delisting a "wrapped" bitcoin product created by BiT Global for trading on decentralized exchanges, saying the digital asset company's evidence of "irreparable harm" in its $1 billion litigation was "mostly speculative."
December 13, 2024
Coinbase was hit with an antitrust in California federal court on Friday by BiT Global, a company that "wraps" bitcoin so the cryptocurrency can be traded on decentralized exchanges, claiming Coinbase delisted its product after creating a competing knockoff.