BIT Global has publicly accused Coinbase that the delisting of the WBTC token was dictated by a desire to eliminate a competitor. Coinbase previously explained its decision by "insufficient trading volume." BIT Global believes that such actions undermine the trust of participants in the crypto market and create a dangerous precedent.

Against the background of these statements, users express concern that such steps may limit access to important tools in the DeFi ecosystem. Coinbase has not yet provided additional information on this matter.