Wrapped Bitcoin (WBTC) Depeg Linked To Alameda Research; FUD Or Truth?

Wrapped Bitcoin (WBTC) Depeg News: Following the chaos around FTX collapse in recent weeks, speculation is now rife around the Wrapped Bitcoin (wBTC) depegging from the Bitcoin price. While the rumors suggest certain wBTC is missing as it belonged to Alameda Research, the BitGo team cited routine maintenance of DAO multisig rotation. BitGo’s wBTC order book shows that there is a slight excess in Bitcoin custody than the total wBTC in the network. It means there are more Bitcoin (BTC) to support the number of issued wBTC.