Reuters: Alameda Research has dropped lawsuit against Grayscale

According to a court document filed on Monday, FTX subsidiary Alameda Research has withdrawn its lawsuit against Grayscale Investments, which accused the firm of sacrificing shareholder interests for its own gain. It is reported that Alameda filed the lawsuit in March last year in a Delaware court, alleging that Grayscale charged exorbitant fees and refused to allow investors to redeem their shares from its two cryptocurrency-focused trust funds.