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Podcast: The Peter McCormack Show
Episode: Grayscale, the SEC & Genesis with Michael Sonnenshein - WBD623
Description: Michael Sonnenshein is the CEO of Grayscale. In this interview, we discuss Grayscale's lawsuit with the SEC, Genesis's lending practices and bankruptcy, GBTC and the intercompany relationships at DCG. - - - - The Grayscale Bitcoin Trust (GBTC) brought institutional investment into Bitcoin and helped Bitcoin to mature. Launched in 2013, as a subsidiary of the Digital Currency Group (DCG), it was devised as an official means of gaining exposure to Bitcoin for high-net-worth entities. Many, including Grayscale, have sought to provide a spot price ETF, but, in the absence of SEC approval, GBTC has served...