Coinbase is contesting BiT Global's legal effort to block the delisting of wrapped Bitcoin (WBTC), citing concerns over Justin Sun's involvement and the lack of transparency regarding WBTC's reserves. Coinbase's chief legal officer described BiT's lawsuit as meritless, emphasizing the need to protect platform integrity and customer trust. BiT claims the delisting will harm its reputation and violate California's Unfair Competition Law, but Coinbase argues that WBTC transactions on its platform are minimal and users have alternative trading options. A hearing on BiT's request for a temporary restraining order is set for December 18.