Bitcoin News / Bitcoinist - 2 years ago
Grayscale, the world’s largest Bitcoin fund, is being sued by Alameda and FTX on behalf of FTX’s debtors and affiliates.
According to a press release issued by the FTX Debtors on Monday, claims have also been filed directly against Graysc...
Bitcoin News / Bitcoin Magazine - 2 years ago
Grayscale’s CEO as well as owners Digital Currency Group and Barry Silbert allegedly violated trust agreements, according to the lawsuit.Alameda Research Ltd., the hedge fund belonging to disgraced ex-billionaire Sam Bankman-Fried, is suing Grayscale...
Cryptocoins News / The Cointelegraph - 2 years ago
The FTX debtors want to “unlock” $9 billion in share value and management fees that they dispute through the Delaware Court of Chancery. Alameda Research has filed sui...
Cryptocoins News / Blockchain - 2 years ago
Grayscale Investments’ CEO Michael Sonnenshein has called on the United States Securities and Exchange Commission (SEC) to protect Grayscale investors by returning the true asset value to them. Sonnenshein stated in a recent interview that the SEC ac...
Bitcoin News / Bitcoin.com - 2 years ago
The value of digital assets under management (AUM) for digital asset investment products in February rose to $28.3 billion, the highest number recorded since May 2022, according to Cryptocompare stats. The increase came against the background of risi...
Cryptocoins News / Blockchain - 2 years ago
If GBTC becomes a spot BTC ETF, Grayscale Investments CEO Michael Sonnenshein stated investors will get a "few of billion dollars" back. (Read More)
Cryptocoins News / The Cointelegraph - 2 years ago
Grayscale Investments’ boss, Michael Sonnenshein, said that if GBTC got the green light to “convert” to a spot Bitcoin ETF, there would “no longer” be a discount or a premium amid ongoing...
Cryptocoins News / The Cointelegraph - 2 years ago
The purported sales are the latest measures the embattled firm has taken following moves in recent months to raise capital and preserve liquidity. Cryptocurrency congl...