Court allows Genesis to liquidate $1.3 billion worth of Grayscale GBTC shares

Deposits suggested that Genesis Global Holdco detained roughly $1.6 billion value of actions of Shades of grey Bitcoin Trust, Shades of grey Ethereum Trust And Shades of grey Ethereum Classic Trust.

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A bankruptcy judge will allow Genesis Global Holdco has liquidate roughly $1.3 billion value of Shades of grey Bitcoin Trust (GBTC) actions as part of efforts has repay investors.

In A Feb. 14 audience For United States District Court For THE From South District of New York led via Zoom, Judge Sean way sign disabled on A order allowing Genesis has sell disabled part of It is investments Since Shades of grey. FEBRUARY court deposits suggested that Genesis detained roughly $1.6 billion value of actions of GBTC, Shades of grey Ethereum Trust (ETHE) And Shades of grey Ethereum Classic Trust (ETCG)

Genesis said he detained roughly 35 million GBTC actions And 11 million ETHE And ETCG actions as part of It is bankruptcy deposits. Shades of grey deposit A limit objection has th...