Alameda Research wants GBTC shareholders to join lawsuit against Grayscale | Headlines | News | CoinMarketCap

07/29/2023 04:45
Alameda Research wants GBTC shareholders to join lawsuit against Grayscale | Headlines | News | CoinMarketCap

Alameda Research, a bankrupt crypto investment firm, is soliciting the support of claimants holding 10% of Grayscale’s Bitcoin Trust (GBTC) shares in …

Alameda Research, a bankrupt crypto investment firm, is soliciting the support of claimants holding 10% of Grayscale’s Bitcoin Trust (GBTC) shares in its ongoing lawsuit against the crypto investment management company and its parent firm, Digital Currency Group (DCG).

Alameda has announced plans to file an amended complaint against Grayscale. The amendment aims to include additional plaintiffs who own a minimum of 10% of the outstanding shares of its BTC Trust.

The firm continued that it was in discussion with several unnamed GBTC shareholders who are willing to join as co-plaintiffs.

However, Alameda has requested an additional five days for these unnamed GBTC shareholders to confirm their participation and contribute to the amended complaints.

Community calls for GBTC shareholders

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