A consortium of investors are in the final stages of a deal to acquire DCG-owned CoinDesk for $125 million.
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A law firm representing Grayscale Investments has written to the Columbia District Court to highlight the SEC's unequal treatment of Bitcoin-based exchange-traded products (ETP).
Gemini co-founder Cameron Winklevoss has written an open letter to DCG founder Barry Silbert, accusing the latter of committing fraud. Winklevoss has threatened to sue if Silbert and his company fail to comply with the proposed restructuring plan.
Summary: Fidelity could submit a Bitcoin (BTC) spot ETF application as early as Tuesday, The Block reported citing a source....
Genesis' request for an extension of its court-appointed mediation process has been granted by bankruptcy Judge Sean Lane. The bankruptcy judge also denied FTX's request to take part in the mediation talks.
FTX and its affiliated debtors have filed an objection to bankrupt crypto lender Genesis' proposed extension to its ongoing mediation period. FTX also took issue with Genesis estimating its $3.9 billion claim at zero.
Binance is reportedly looking to acquire CoinDesk for around $75 million. Negotiations for the deal are currently on hold as the exchange is anticipating an exodus of journalists following the acquisition.
Final briefs in Grayscale vs The SEC were filed last week as the $10 billion asset manager seeks to convert its discounted GBTC shares into a Bitcoin ETF.