Golden Finance reported that according to CoinDesk, Coinbase (COIN.O) said that because Justin Sun would bring "unacceptable risks", Coinbase would delist wBTC. Last week, wBTC issuer BiT Global filed a wide-ranging lawsuit accusing Coinbase of improperly favoring its competitor cbBTC. But in a 25-page response, Coinbase said the decision was related to crypto billionaire Justin Sun, founder of the Tron blockchain, who has also been accused of fraud and market manipulation in the United States. According to Coinbase documents, Sun and wBTC were connected through a partnership announced in August. "Given Justin Sun's involvement, Coinbase, like many others in the industry, raises serious questions about BiT's ability to be a reliable steward," Coinbase said.