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The lawsuit, filed final March, alleges greater than $9 billion in investor funds turned trapped in Grayscale’s Bitcoin Belief (GBTC), following the collapse of FTX. The grievance shaped a part of wider efforts to retrieve and “maximize” recoveries for FTX prospects whose funds had been funds misplaced by, or locked on, the failed cryptocurrency trade and its associates’ platforms. The swimsuit additionally alleged Grayscale had excessively excessive charges.
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