BiT Global has withdrawn its lawsuit against Coinbase concerning the delisting of the wrapped Bitcoin token, wBTC. The legal action was dropped just two months after Coinbase introduced its competing token, cbBTC. As part of the agreement, both companies will cover their own legal expenses. BiT Global, associated with TRON founder Justin Sun, had partnered with BitGo to offer the wBTC token. The dismissal of the lawsuit indicates that it will not proceed further.