Grayscale, DCG stand against Genesis plan to liquidate $1.6 billion in trust shares

Oluwapelumi Adejumo

Crypto firm Digital Currency Group (DCG) and Grayscale objected to bankrupt lender Genesis‘ move to divest its assets, including Grayscale’s Bitcoin Trust (GBTC), Grayscale Ethereum Trust (ETHE), and Grayscale Ethereum Classic Trust (ETCG), shares worth approximately $1.6 billion, according to recent court filings. Grayscale’s objection In its court filing, Grayscale stated that it could not […]

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Grayscale, DCG stand against Genesis plan to liquidate $1.6 billion in trust shares