Grayscale and DCG Object to Genesis’ $1.6B Trust Shares Liquidation Plan

On February 12, Digital Currency Group (DCG) and Grayscale raised objections to bankrupt lender Genesis’ plan to sell off its assets. This includes shares in Grayscale’s Bitcoin Trust (GBTC), Grayscale Ethereum Trust (ETHE), and Grayscale Ethereum Classic Trust (ETCG), amounting to around $1.6 billion. DCG, the bankrupt lender’s parent company, argued that Genesis’s reasons for […] source: https://cryptonews.com/news/grayscale-and-dcg-object-to-genesis-1-6b-trust-shares-liquidation-plan.htm