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The Daily Hodl 2024-01-22 23:01:06

FTX Trading Arm Alameda Research Drops its Lawsuit Against Grayscale: Report

Bankrupt crypto exchange FTX’s former trading arm Alameda Research is reportedly no longer pursuing its lawsuit against crypto giant Grayscale. Last March, debtors of the bankrupt digital asset exchange FTX filed a lawsuit against Grayscale in Delaware. The lawsuit alleged that Grayscale extracted over $1.3 billion in excessive management fees in violation of trust agreements. Additionally, The post FTX Trading Arm Alameda Research Drops its Lawsuit Against Grayscale: Report appeared first on The Daily Hodl .

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