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FTX's Affiliate Sues Grayscale to Recover $250M for Customers and Creditors

Alameda Research, the cryptocurrency trading firm affiliated to bankrupt digital exchange FTX, has filed a lawsuit against crypto asset manager Grayscale, FTX said in a statement. The once-leading crypto exchange alongside other affiliated debtors are seeking to “realize over a quarter billion dollars in asset value for FTX Debtors’ customers and creditors.”

They are also asking for an injunctive relief to unlock $9 billion or more in value for shareholders of the Grayscale Bitcoin and... Read More

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250m

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Posted: Mar 7 2023, 14:10

Author Name: financemagnates

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