Bloomberg analyst Elliot Stein gave his insights on Grayscale’s lawsuit against the SEC. The analyst believes that a ruling in the case is likely in the first half of 2023. Elliot Stein, a senior liti...
Tag: Grayscale
Judges Will Likely Rule in Favor of Grayscale in Bitcoin Spot ETF Battle With SEC, Says Bloomberg Expert – Here’s Why
A senior litigation analyst at Bloomberg Intelligence believes that the odds are now in favor of Grayscale in its legal battle with the U.S. Securities and Exchange Commission (SEC). Last year, Graysc...
Silvergate shutting down, Alameda suing Grayscale
With the Bitcoin (BTC) halving more than a year away, don’t expect crypto industry narratives to change anytime soon. Nay, crypto winter is still in full force, and the nasty headlines show no signs o...
Shares of Grayscale Bitcoin Trust Form Bullish Chart Pattern: Technical Analyst
“If judges turn more favorable, then there is the chance that GBTC Trust shares can be converted into an ETF. In that case, the discount in GBTC shares relative to the fund’s net asset val...
SEC will have its work cut out fighting Grayscale legal…
In its legal battle against the SEC’s denial of a bitcoin ETF, Grayscale has begun with a bang and has presented a strong case. A strong legal team Grayscale has gone into the fight with a powerhouse ...
Grayscale CEO reveals why the SEC keeps postponing Bitcoin spot ETFs
Eight months after Grayscale Investments initiated a lawsuit against the United States Securities and Exchange Commission (SEC) over rejecting its application for a spot Bitcoin (BTC) exchange-traded ...
Grayscale CEO breaks down his firm’s legal strategy against the SEC
Episode 20 of Season 5 of The Scoop was recorded remotely with The Block’s Frank Chaparro and Grayscale CEO Michael Sonnenshein. Listen below, and subscribe to The Scoop on Apple, Spotify,...
FTX Debtors Launch Lawsuit Against Grayscale, Says Crypto Titan Charged $1,300,000,000 in Exorbitant Fees
Debtors of the bankrupt digital asset exchange FTX have filed a lawsuit against crypto giant Grayscale in Delaware. Alameda Research, a “debtor affiliate” and the disgraced sister company of FTX, sued...
Grayscale stock soared nearly 9% amid federal hearing
Grayscale Bitcoin Trust (GBTC) is making waves in the market as its share price surged by almost 9% on March 7. The reason behind this could be a reversal of the SEC’s longstanding opposition to a bit...
Grayscale vs SEC: ready for a Bitcoin ETF?
The lawsuit between Grayscale and the Securities and Exchange Commission (SEC) regarding the release of a Bitcoin ETF continues. A breakthrough in the case appears to have come Tuesday after judges co...
Alameda Sues Grayscale, Crypto Daily TV 8/3/2023
In Todays Headline TV CryptoDaily News: MakerDAO proposes additional $750M U.S. treasury purchase. MakerDAO, the decentralized autonomous organization behind the DAI stablecoin, is reviewing a proposa...
Grayscale Bitcoin Fund Soars as Judges Sound Skeptical of SEC’s Arguments on ETF
Grayscale Investments for years has fruitlessly sought to convert its flagship product—the world’s largest Bitcoin fund at $14 billion—into an exchange-traded fund, most recently suing the Securities ...
Judges hear oral arguments in Grayscale suit against SEC over BTC spot ETF rejection
A panel of judges heard oral arguments in the Grayscale Investments suit against the United States Securities and Trade Commission (SEC) on March 7. Grayscale is challenging the SEC order not to appro...
Judges Scrutinize SEC Over Denial of Grayscale Bitcoin ETF
Judges overseeing Grayscale’s lawsuit against the Securities and Exchange Commission (SEC) questioned the financial watchdog Tuesday, digging into the agency’s basis for denying Grayscale’s applicatio...
FTX Sues Grayscale In a Move to Unlock $9B of Shareholder Value
In the lawsuit, FTX said that Grayscale has been charging exorbitant management fees. They noted that “Grayscale’s actions have resulted in the Trusts’ shares trading at approximately a 50% discount t...
Judges Scrutinize SEC During Oral Arguments in Grayscale Lawsuit
Grayscale and the Securities and Exchange Commission (SEC) have presented their first oral arguments in court regarding the approval/ denial of a Bitcoin a spot ETF product in the United States. Duri...
Grayscale (GBTC) Up 10% After Scoring Victory Against SEC
Digital asset manager Grayscale is embroiled in a legal fight against the U.S. Securities and Exchange Commission (SEC). The company requested approval to convert its most significant and most popular...
Grayscale products buoyed following oral arguments in case against the SEC
Grayscale had its day in court, and now the asset manager — and investors in its Grayscale Bitcoin Trust — must await the ruling, which could take three to six months. The asset manager brought...
Grayscale Appears To Win Opening Salvo in Bitcoin ETF Case vs SEC
DC Circuit Court of Appeals judges grilled the SEC on why the regulator approved bitcoin futures exchange-traded products (ETPs) and not Grayscale Investments’ proposed spot offering Tuesday — a line ...
Grayscale Vs SEC: Grayscale’s Appeal Against SEC Ruling Takes Center Stage in US Appeals Court Today
Grayscale Investments, a digital currency asset manager, has been in a legal battle with the US Securities and Exchange Commission (SEC) over its proposed bitcoin exchange-traded fund (ETF) for severa...
FTX sues Grayscale and DCG, citing mismanagement
Alameda Research Ltd, the FTX debtor, has filed a lawsuit against Grayscale Investment’s CEO and owners over firm mismanagement in part of the Trust agreement violation. The fallen crypto exchange pl...
SEC Spot ETF Denial ‘Arbitrary’, Grayscale Lawyer Says
Grayscale Bitcoin Trust: Lawyers representing Grayscale opened the arguments saying the SEC had contradicted its own earlier orders when it comes to approving the GBTC spot Bitcoin ETF. Don Verrilli, ...
FTX-Linked Alameda Hits Grayscale With Lawsuit Over $9 Billion In Locked Crypto Investments ⋆ ZyCrypto
Advertisement     FTX trading affiliate Alameda Research has filed a new lawsuit against Grayscale Investments seeking to unlock investments it claims are being wrongl...
Alameda Research Sues Grayscale Investments Seeking to Unlock Billions in Value for Shareholders – Bitcoin News
FTX Debtors and affiliate Alameda Research Ltd. have filed a lawsuit against Grayscale Investments, seeking injunctive relief to unlock $9 billion in value for shareholders of the Grayscale Bitcoin an...
Alameda, FTX Demand Grayscale To Unlock $9 Billion From BTC, ETH Trusts In New Lawsuit
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 a...
FTX Sues Grayscale as It Seeks $250 Million in Its Trust: Details
Godfrey Benjamin FTX wants to free up $9 billion in asset value from Grayscale BTC and ETH trusts Bankrupt digital currency trading firm FTX Derivatives Exchange, through its sister trading firm, Alam...
FTX Subsidiary Alameda Research Files Lawsuit Against Grayscale
Exchange News Grayscale has allowed its stock to trade at a discount of over half its net asset value. The lawsuit was filed in the Delaware State Court of Chancery. A debtor subsidiary of the FTX con...
Grayscale Shall Emerge Victorious Against The SEC, Predicts XRP Attorney Deaton
There have been recent developments in the Ripple v SEC case. Deaton has been keeping the public informed of the case’s developments on a regular basis. As the case draws to a close, any fresh informa...
Alameda Sues Grayscale Over $9 Billion Locked in Bitcoin Trust Shares
Failed crypto company FTX announced today that its affiliate Alameda Research is suing asset manager Grayscale Investments in a bid to unlock investments that it says are being improperly withheld fro...
FTX Sues Grayscale for $250 Million for Preventing Redemptions
Bankrupt proprietary trading firm Alameda Research has sued Grayscale for reducing the value of FTX Debtors’ shares in its Bitcoin and Ethereum Trusts. Alameda alleges that the firm reduced the value ...
Eyes Shift to Judges as Grayscale-SEC Saga Moves Forward
After trading written legal briefs in recent months, Grayscale Investments and the SEC are now set to exchange oral arguments for the first time in a case to determine whether or not the regulator wro...
Markets trade down after Fed chair’s comments, Grayscale recovers amid hearing
Crypto markets whipsawed throughout the day after U.S. Federal Reserve Chair Jerome Powell’s delivered testimony to Congress. Bitcoin was trading around $22,070 by 4:55 p.m. EST, down abou...