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CATEGORY: grayscale trust

Crypto Flipsider News – September 13th – ADA’s Alonzo Update, Grayscale Trusts + ARK Investment, South Korea Crackdown, XRP + Ripple Executives
Author: DailyCoin
United States
Source: DailyCoin.com
Sep 13, 2021 08:01

Crypto Flipsider News – September 13th – ADA’s Alonzo Update, Grayscale Trusts + ARK Investment, South Korea Crackdown, XRP + Ripple Executives

Read Monday's breaking news in the daily digest!

Continue reading Crypto Flipsider News – September 13th – ADA’s Alonzo Update, Grayscale Trusts + ARK Investment, South Korea Crackdown, XRP + Ripple Executives at DailyCoin.com.

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Genesis Global Capital Moves to Liquidate $1.6 Billion in Grayscale Trusts Amid Bankruptcy
Hong Kong
Source: Blockchain News
Feb 06, 2024 02:15

Genesis Global Capital Moves to Liquidate $1.6 Billion in Grayscale Trusts Amid Bankruptcy


Genesis Global Capital has petitioned the U.S. Bankruptcy Court to sell off its Grayscale Bitcoin, Ethereum, and Ethereum Classic Trust holdings, totaling approximately $1.6 billion. This strategic liquidation aims to maximize creditor repayments amidst potential market volatility, following a recent SEC settlement. (Read More)

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