Genesis Hit With Objections To $1.6B In Grayscale Trust Sales

[Gunnar Larson]

Genesis Hit With Objections To $1.6B In Grayscale Trust Sales
<https://www.law360.com/capitalmarkets/articles/1796547?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-02-13&read_main=1&nlsidx=0&nlaidx=3>

By Alex Wittenberg

Cryptocurrency lender Genesis Global is facing opposition to its effort to
sell about $1.6 billion worth of shares in Grayscale Investments trusts to
raise money for its Chapter 11 estate, with Grayscale and Genesis' parent
company lodging objections to the proposed transactions in New York
bankruptcy court.

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