According to CoinDesk, Coinbase (COIN.O) said it was delisting wBTC because Justin Sun would bring "unacceptable risks." Last week, BiT Global, the issuer of wBTC, 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 Justin Sun, the crypto billionaire and founder of the Tron blockchain, who has also been accused of fraud and market manipulation in the United States. According to Coinbase's documents, Sun and wBTC are connected through a partnership announced in August. "Given Justin Sun's involvement, Coinbase, like many others in the industry, has serious questions about whether BiT can be a reliable steward," Coinbase said.