BitGo’s Custodial Changes Announcement for WBTC

I was browsing Brave and I come across an ad stating "The world is not ending, WBTC is". I got curious and clicked and it redirected me to a website. The website stated that "WBTC is coming to an end". (Don't worry it's not). The point of the website is to inform that BitGo, a company owned by Justin Sun, is the sole custodian of WBTC. BitGo is making custodial changes for Wrapped Bitcoin (WBTC).

Here is an extract of text from the website:

"BitGo is the sole custodian of WBTC.

All BTC backing WBTC is stored in a trust in the US, and managed by one of the most credible custodians in the
space.That all changed late on a Friday, August 9th, when
BitGo posted about an update to WBTC's custody
model.

The BTC backing WBTC will be moved to BitGlobal, an entity outside the US, partially owned by controversial
figure Justin Sun. The last 4 stablecoins taken over by Sun suffered serious de-pegs and treasury concerns,
including HBTC, TUSD, and just last week, USDD. This change of custody endangers the 153k BTC backing WBTC. Whether or not BitGlobal has good intentions, we can't risk the collapse of a $9B asset at the center of
DeFi."

If you dig a little you can find info but it's not a lot.
Here is the BitGo Annoucement headline about the changes (can be found on medium): "BitGo to Move WBTC to Multi-Jurisdictional Custody to Accelerate Global Expansion Plan

Here are some headlines:
- "MakerDAO Moves Away From WBTC Over Controversial Custodian"
- "Wrapped Bitcoin (WBTC) Redemptions Vastly Outpaced Minting Since BitGo’s Custodial Changes Announcement"
- "Concerns Over Custody Spark Renewed Interest in wBTC Alternatives"

I haven't seen it discussed here (maybe I missed it) but I wanted to raise awareness.
Make what you will about this info. Most importantly DYOR, be safe, stay safe.