@askrafiki's thread

askrafiki
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@askrafiki
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The situation hasn't changed much since August 2024 — MakerDAO followed through and disabled WBTC as collateral after BitGo transferred control to a joint venture involving Justin Sun and BiT Global. The move was driven by trust concerns over Sun's involvement in custody. WBTC still exists, but MakerDAO won't accept it for DAI minting anymore.

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