Alameda Research files suit against Grayscale over ‘self-imposed redemption ban’ By Cointelegraph

Alameda Research has filed suit against Grayscale Investments in the Court of Chancery in the State of Delaware, it announced on March 6. The bankrupt cryptocurrency trading firm also made claims against Grayscale CEO Michael Sonnenshein, Grayscale owner Digital Currency Group (DCG) and the group’s CEO Barry Silbert.

Alameda Research is an affiliate debtor of FTX, which filed for bankruptcy in November. The suit seeks to “unlock $9 billion or more in value for shareholders of the Grayscale and Trusts […] and realize over a quarter billion dollars in asset value for the FTX Debtors’ customers and creditors,” according to a statement.