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BiT Global says Coinbase should be denied dismissal of US antitrust case

( February 18, 2025, 23:31 GMT | Official Statement) -- MLex Summary: BiT Global told a US federal judge that throughout Coinbase’s motion to dismiss, it tries to pretend away inconvenient factual allegations that are fatal to its motion. “One of the biggest signs of weakness in a motion to dismiss is making false claims about what is actually in the complaint—because a defendant with a strong motion wouldn’t be forced to hope and pray that the court doesn’t actually read it before dismissing it. But as the court will see, this contortion of the allegations is endemic throughout Coinbase’s motion,” it said. Coinbase is seeking to dismiss claims that it anticompetitively blocked BiT from competing in the market for Bitcoin product operation.See attached file. ...

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