BA Labs, an advisor to DeFi lender Sky, says its concerns with Tron founder Justin Sun’s involvement in the custody of the Wrapped Bitcoin token have been addressed and new recommendations will be put to a vote on Oct. 3.
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The vote was passed with 88% in favor of offloading WBTC collateral from the Sky lending platform.
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The team behind Sky, formerly Maker, wants to drop WBTC due to what it claimed were recent changes in ownership and control “likely involving Justin Sun or affiliates.”
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