FTX Debtors Take on Grayscale Investments, LLC in $1 Billion Lawsuit Over Alleged Cryptocurrency Price Manipulation

A group of debtors from cryptocurrency derivatives exchange FTX have filed a lawsuit against Grayscale Investments, LLC, as well as its CEO and owners. The lawsuit, which was filed in a New York court, alleges that Grayscale Investments, LLC and…

Grayscale Holds 633K Bitcoins According to An Independent Research Report

Since FTX’s demise, other exchanges and digital asset managers have been under growing pressure to show that they actually have the cash they claim to. A major black swan event would be the liquidation of GBTC’s holdings or its collapse…

Grayscale and Foundry Digital to Offer Bitcoin Mining Product

Grayscale Investments, a major digital currency asset manager, partners with Foundry Digital to introduce a product that gives clients exposure to Bitcoin Mining Equipment.  The new partnership led to the creation of Grayscale Digital Infrastructure Opportunities (GDIO) What is GDIO’s…

Grayscale Crypto Giant Files Lawsuit against SEC

Major digital asset manager Grayscale has filed a lawsuit against the Securities and Exchange Commission (SEC) for its rejection to allow the conversion of its $12 Billion Grayscale Bitcoin Trust (GBTC) to spot Bitcoin ETF (Exchange Traded Fund). GBTC has…

Consultancy Firm says Crypto Investing is a Good Longterm Strategy for Institutions

According to consultancy firm Cambridge associates, crypto represents a sound investment for institutional investors as reported by Bloomberg on Feb 18. Cambridge associates, an institution based in Boston specializes in pension and endowment consultancy reportedly works with institutions that collectively…