Justin Sun Raises Major Alert On Coinbase Wrapped Bitcoin As cbBTC Rockets 93%

Coinbase’s launch of its wrapped Bitcoin, cbBTC, on the Base Network, is barely 24 hours old but is already causing some ruckus. Tron founder Justin Sun has a long list of concerns about the new product and has taken X to voice some of them. Some followers seem to agree with his stance on the Coinbase cbBTC.