Grayscale Investments

According to reports, in response to Grayscale\’s lawsuit against the SEC, Bloomberg senior litigation analyst Elliot Stein said, \’We believe the SEC has a 60% support rating, but w

It is reported that the two sides have held a court debate in the District of Columbia Court of Appeal against the rejection of Grayscale Investment’s application to convert GBTC into Bitcoin spot ETF by the United States Securities and Exchange Commission (SEC). The SEC believes that Bitcoin futures ETF is more resistant to manipulation than the spot market, and takes this as one of the reasons for rejecting Grayscale’s spot ETF application. Interpretation of this information: Grayscale Investments, the world’s largest digital asset manager, has been facing regulatory hurdles…

According to reports, FTX, the bankrupt cryptocurrency exchange, said that its affiliate Alameda Research had filed a lawsuit against Grayscale Investments, the cryptocurrency asset management company, to implement the “redemption ban”, which may cash more than 250 million dollars in assets for the customers of the bankrupt cryptocurrency exchange. Interpretation of this information: The cryptocurrency market has been making waves for a few years now, and along with that comes various exchange platforms that offer unique services to customers. However, the downside of this is that sometimes exchanges fail to…

It is reported that Grayscale Investments filed a lawsuit against the United States Securities and Exchange Commission (SEC) in Washington, and the two sides will debate. The Securities and Exchange Commission of the United States rejected Grayscale’s application to convert its products into ETFs in June on the grounds of bitcoin fraud and manipulation. Grayscale sued the regulatory authority within hours after the United States District of Columbia Circuit Court of Appeal rejected it, believing that in view of the existence of a future-based Bitcoin ETF, the agency “failed to…

According to reports, Michael Sonnenstein, CEO of Grayscale Investments, said in a recent podcast interview that “it is impossible to imagine” why the United States Securities and Exchange Commission (SEC) “does not want” to protect Grayscale investors and return the real asset value to them. Interpretation of this information: The CEO of Grayscale Investments, Michael Sonnenstein, recently made a comment in a podcast interview about the lack of protection for Grayscale investors by the United States Securities and Exchange Commission (SEC). Sonnenstein expressed confusion about why the SEC would not…