Digital asset managers Grayscale Investments and Osprey Funds have reached a settlement agreement after their long-drawn legal dispute over marketing practices.
A motion filed with the Connecticut Appellate Court on April 9 shows the parties are looking at 45 days to finalize settlement documentation after Osprey appealed a February decision favoring Grayscale.
“Soon after this appeal was filed, the parties reached a settlement of this case,” a copy of the motion first uploaded by Law360 reads. Grayscale and Osprey would then need to “finish documenting the settlement” and carry out the terms before the appeal can be pulled.
The lawsuit, filed in January 2023, centered on allegations that Grayscale misled investors about the prospects of…
Apr 18 2025
