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Osprey sues Grayscale for misrepresenting likelihood of GBTC ETF approval

Digital asset manager Osprey Funds filed suit against Grayscale Investments in Connecticut Superior Court on Jan. 30, alleging violation of the state’s Unfair Trade Practices Act. The suit concerns Grayscale advertising and promotion of the Bitcoin (BTC) exchange-traded fund (ETF) it is seeking to create. Osprey stated in the suit that

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Binance Is Accused of Misrepresenting the Shareholdings of a UK Joint Venture Partner

In the Dimplx annual report, the directors alleged the audited Binance Digital financial statements for the period ending on Dec. 30, 2020, were inaccurate and incorrectly recorded the share capital allotted to Dimplx. Amended financial statements for the same period filed on April 14, 2022, "remain unreliable for the purposes

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