Justin Sun’s crypto exchange Poloniex sees WBTC trading at a 20% discount, raising concerns over its peg to Bitcoin. The price of Wrapped Bitcoin (WBTC) on Poloniex in a trading pair with BTC has dropped by 22%, raising concerns over…
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WBTC loses its peg to Bitcoin on Justin Sun-backed Poloniex
![WBTC loses its peg to Bitcoin on Justin Sun-backed Poloniex](https://thepixelproject.site/wp-content/uploads/2024/04/crypto-news-Justin-Sun-option07-QtcicK.webp)