Jasper, an Early Generative AI Winner, Cuts Internal Valuation as Growth SlowsRead more

Briefing
crypto

Alameda Research Sues DCG Unit Grayscale

By
Aidan Ryan
· · Source: The Information

Alameda Research, the bankrupt crypto hedge fund connected to FTX, has filed a lawsuit against Digital Currency Group’s asset management arm Grayscale over its bitcoin and ethereum investment trusts, FTX’s new management team announced Monday. Alameda and FTX’s management team allege that Grayscale violated trust agreements by charging high management fees and not allowing investors to redeem...

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