PANews reported on January 22 that Paul Grewal, chief legal officer of Coinbase, posted on the X platform: "Last month, we successfully rejected an unreasonable request for the court to force us to continue to list a token that no longer meets our listing standards. Today, Coinbase decided to completely dismiss BiTGlobal's unreasonable lawsuit. There is no legal requirement that Coinbase must custody assets with unacceptable risk levels due to association with Justin Sun and others. We have every right and responsibility to ensure a safe and trustworthy trading environment for our users. We thank the court for its serious consideration of this matter."