After Grayscale presented its first oral arguments in its lawsuit with the Securities and Exchange Commission (SEC) on Tuesday, CEO Michael Sonnenshein walked away feeling “very encouraged.” The execu...
Tag: GrayscaleSEC
GBTC discount narrows following arguments in Grayscale-SEC lawsuit
On Tuesday, shares of Grayscale’s Bitcoin Trust (GBTC) rose as much as 16% following an oral argument hearing in the company’s lawsuit against the SEC. As of Monday, shares of Grayscale...
GBTC Discount Narrows by Over 42% as Grayscale-SEC Face Off Inches Closer
At the center of the Grayscale-SEC drama is Grayscale Bitcoin Trust (GBTC) – the world’s largest Bitcoin fund – which has for two years been trading at a steep discount to the crypto-asset it holds. T...
Don Verilli Shares Insights of Grayscale-SEC Lawsuit Arguments
Grayscale Investments released a preview of its verbal argument in the Grayscale-SEC lawsuit. The argument is scheduled for March 7, 2023, as an approach to a quicker resolution. Donald Verilli commen...
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...