Odaily Planet Daily News: Paul Grewal, Chief Legal Officer of Coinbase, stated in an article on X: "Last month, we rejected a false court order request that required us to continue listing tokens that no longer meet our listing standards. Today, Coinbase has decided to completely dismiss BiT Global's false lawsuit. There is no law mandating Coinbase to custody assets with unacceptable risks. We have full rights and responsibilities to enforce our regulations and ensure a safe and reliable trading environment for users. We appreciate the court's careful consideration In December last year, a California court ruled that Coinbase could delist wBTC on the first court date of BiT Global's lawsuit against the exchange. Coinbase announced last month that it will delist wBTC on December 19th.