Alameda Research – sister trading firm to the now bankrupt FTX exchange – is suing the world’s largest Bitcoin fund on behalf of FTX’s debtors and affiliates. The company demands that Grayscale permit...
Tag: Grayscale
Alameda seeks to ‘maximize recoveries’ in suing Grayscale over devalued BTC trust; alleges ‘exorbitant’ management fees
Ad FTX said that its affiliate Alameda Research has sued Grayscale, as indicated in a press release published by the former company on March 6. Alameda challenges fees, locked redemptions In its press...
Alameda Research files suit against Grayscale over ‘self-imposed redemption ban’
Alameda Research has filed suit against Grayscale Investments in the Court of Chancery in the State of Delaware, it announced March 6. It also made claims against Grayscale CEO Michael Sonnenshein, Gr...
FTX sues Grayscale and DCG, citing ‘exorbitant’ fees
Collapsed crypto exchange FTX filed a lawsuit against Grayscale Investment, citing mismanagement of the firm as evidence that it was in violation of Trust agreements. The FTX debtors also filed ...
FTX’s Alameda Research Files Lawsuit Against Grayscale
FTX News: What comes as a new twist in the ongoing FTX bankruptcy case, the FTX conglomerate announced today that one of their debtor affiliates, Alameda Research, has filed a lawsuit against Grayscal...
Grayscale Bitcoin Trust Share Price Rallies Before SEC Lawsuit
Grayscale Bitcoin Trust News: Time and again, Grayscale made it clear that the U.S. Securities and Exchange Commission (SEC) has been unfair in not approving its spot Bitcoin ETF application. The comp...
FTX Debtors file lawsuit against Grayscale and Digital Currency Group
The FTX saga continues to hit the crypto headlines. In its latest, the FTX Debtors have announced a lawsuit against Grayscale Investments, a popular crypto asset management firm. The lawsuit also exte...
XRP Lawyer Predicts Win For Grayscale In Case Against US SEC
Grayscale Investments, a digital asset manager, is gearing up for the oral arguments scheduled on March 7 in a lawsuit launched against the U.S. Securities and Exchange Commission (SEC). However, Atto...
Pro-XRP Attorney Taps Grayscale To Win Case Against SEC
The courts have set a date for oral arguments in the case. Attorney John E. Deaton has tapped Grayscale to win its case against the United States Securities and Exchange Commission (SEC). The lawyer r...
Grayscale CEO challenges SEC’s denial of application
Michael Sonnenshein, CEO of Grayscale Investments, stated in a recent interview that he “can’t imagine” why the United States Securities and Exchange Commission (SEC) “wouldn&#...
Grayscale CEO Says $2,000,000,000 Could Return to GBTC Investors’ Pocket Upon Conversion To Spot Bitcoin ETF
Grayscale CEO Michael Sonnenshein says that investors would greatly benefit from the conversion of GBTC into an exchange-traded fund (ETF), something the firm has been fighting for for multiple years....
Grayscale CEO Addresses SEC as Arbitrary on its Denial of Spot ETF
Michael Sonnenshein argued that the SEC has been arbitrary when it rejected GBTC’s proposal. He added that the SEC has approved several Bitcoin futures ETF. Sonnenshein told that the investors would h...
GBTC approval could return a ‘couple billion dollars’ to investors: Grayscale CEO
Grayscale Investments’ CEO Michael Sonnenshein stated he “can’t imagine” why the United States Securities and Exchange Commission (SEC) “wouldn’t want” to protect Grayscale investors and return ...
Grayscale Strongly Claims To Win Against US SEC
Grayscale’s lawsuit against the U.S. Securities and Exchange Commission (SEC) for the denial of GBTC conversion to spot Bitcoin ETF picks pace as things have started to look in favor of Grayscale. Cry...
SEC’s ‘Lack of Clarity’ Latest Target for Twitter’s ‘Crypto CFA’
Ram Ahluwalia has a thing or two to say about crypto. The self-styled “crypto CFA” has carved out an influential industry niche, tweeting out lengthy threads with a tendency to pull off one all-...
DCG Dumps ETH Trust Shares Despite Steep Discount: Report
Digital Currency Group (DCG) has reportedly been selling shares of some of Grayscale Investments’ crypto trusts in an effort to raise capital following the bankruptcy filing of Genesis. Founded ...
DCG Dumps Grayscale Shares at Discounted Prices
The Digital Currency Group (DCG) is attempting to raise funds by selling its Grayscale stake at a discount, which may lead to more pain in the market. DCG, one of the oldest players in the industry, h...
DGC liquidates Grayscale subsidiary shares to repay creditors
Digital Currency Group has begun liquidating stakes in crypto subsidiaries to raise funds to repay Genesis creditors. US securities filings seen by Financial Times reveal that DCG is having trouble ba...
Digital Currency Group Sells Grayscale Shares to Raise Funds Amid Financial Difficulties
Digital Currency Group (DCG), a crypto conglomerate backed by SoftBank, is selling shares in several of its investment vehicles run by subsidiary Grayscale. The move is a response to the financial dif...
Will Bitcoin, Ethereum Crash? DCG Sells Grayscale Shares
After a long back-and-forth, the Genesis and DCG drama appears to be coming to a relatively smooth end after Genesis reached an agreement with DCG and other creditors yesterday – but a price crash cou...
Grayscale Slapped With Another GBTC Lawsuit – This Time From Osprey
A competitor of Grayscale Investments has sued the cryptoasset manager, claiming Grayscale has misled investors about its services in an effort to steal market share. In a suit filed Monday in C...
Rival Osprey Funds Files Lawsuit Against Grayscale Over ETF Claims
10 hours ago | 2 mins read Bitcoin News SEC has rejected Grayscale’s attempts to establish Bitcoin ETFs. Osprey’s attorneys argued that their client should be compensated. Osprey Funds, a digital ass...
Osprey Sues Grayscale: Misrepresenting GBTC ETF Approvals
Grayscale has been trying to convert itself into an Exchange Traded Fund (ETF) for quite some time but is being rejected by the SEC. Recently, digital asset manager Osprey Funds filed a suit against G...
Osprey Funds sues competitor Grayscale over bitcoin trust advertising
Osprey Funds, which provides asset management services, accused Grayscale Investments of “unfair and deceptive acts and unfair competition.” Osprey said Grayscale’s advertisements were mis...
Is Genesis Bankruptcy Troubling GrayScale?
Grayscale is one of the world’s largest crypto Assets managers and is headquartered in the United States. The digitally-native company is owned by Digital Currency Group(DCG), the parent company also ...
Grayscale Promises a fee Reduction, Gears up for the SEC Battle
The SEC has denied the Ark-21 spot ETF listing, while the Grayscale CEO promised a fee reduction in a podcast. The US Securities and Exchange Commission (SEC) has allowed Futures Exchange Traded Funds...
Will Grayscale Follow the Genesis Bankruptcy Path?
Grayscale is one of the largest digital asset managers in the world. Grayscale is owned by Digital Currency Group(DCG), which also manages the operation of crypto lender Genesis, which recently filed ...
Crypto Giant Grayscale To Face SEC in Court To Push for Converting Its Bitcoin Investment Product Into ETF
Crypto giant Grayscale says the oral argument for its lawsuit against the U.S. Securities and Exchange Commission (SEC) will happen earlier than expected. Grayscale filed the suit last year to contest...
Grayscale Won’t Back Down Even If Court Backs SEC’s Spot Bitcoin ETF Decision
In June 2022, Grayscale sued the Securities and Exchange Commission (SEC) after the regulator had once more declined to convert the Grayscale Bitcoin Trust (GBTC) to a spot ETF. The case is expected t...
“SEC’s Shallow Approach Is Limiting BTC” Grayscale CEO Takes A Swipe At US Regulators ⋆ ZyCrypto
Advertisement     Michael Sonnenshein has criticized the SEC’s regulatory approach, describing it as shallow and one-sided. He calls for the SEC to work round the cloc...