FTX-Affiliated Alameda Research Sues Grayscale Over Crypto Investments, Adding to Woes for Digital Currency Group – What’s Going On?

In a dramatic attempt to recover lost funds, Alameda Research has filed a lawsuit against Grayscale Investments, alleging that the company has been charging “exorbitant management fees” and preventing redemptions. 
Grayscale is a major player in the cryptocurrency market, operating popular over-the-counter traded funds such as the Bitcoin Trust (GBTC) and the Ether Trust (ETHE). 
The lawsuit specifically named Grayscale CEO Michael Sonnenshein as a defendant in the case….
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