BiT International digital Ltd. dismissed its antitrust and unfair competitors lawsuit in opposition to Coinbase with prejudice on Friday, after a San Francisco federal courtroom ruling, which denied the issuance of a short lived restraining order to halt the delisting of wBTC from the cryptocurrency alternate, and the judicial warning that adopted throughout oral arguments on a movement to dismiss the case.
Paul Grewal, the chief authorized officer for Coinbase, highlighted the information on X following the choice by BiT International and its counsel, Kevin Kneupper and A. Cyclone Covey, companions at Kneupper & Covey in Huntington Seashore, California, who beforehand expressed their intentions of “pursuing the case by means of trial.”
