FTX-Affiliated Alameda Research Sues Grayscale Over Crypto Investments, Adding to Woes for Digital Currency Group – What's Going On?

In a last ditch move to 'maximise recoveries' Alameda Research has filed a lawsuit against Grayscale Investments. The lawsuit alleges that Grayscale charge 'exorbitant management fees'. And named Grayscale CEO Michael Sonnenshein as it went on to accuse Grayscale of 'improperly preventing redemptions'. Grayscale operates over-the-counter traded funds - a Bitcoin Trust (GBTC) and an Ether Trust (ETHE).... Read More: FTX-Affiliated Alameda Research Sues Grayscale Over Crypto Investments, Adding to Woes for Digital Currency Group – What's Going On?