Grayscale and Osprey end 2-year legal fight over Bitcoin ETF promotion

Asset managers Osprey Funds and Grayscale Investments agreed to settle a lawsuit over alleged violations of Connecticut law in the advertising and promotion of Grayscale’s Bitcoin exchange-traded fund (ETF).  According to an April 9 court filing, the parties agreed to settle the two-year-old case and are finalizing documentation and settlement terms. The filing noted that once those steps are completed, Osprey will withdraw its appeal. “Soon after this appeal was filed, the parties reached a settlement of this case,” the motion stated source: https://cointelegraph.com/news/grayscale-osprey-lawsuit-connecticut-court-bitcoin-etf?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound