According to Reuters, Alameda Research, a subsidiary of the bankrupt cryptocurrency exchange FTX, withdrew the lawsuit it filed against Grayscale.
Alameda, who sued Grayscale in March last year, also accused Grayscale of charging high fees and refusing to allow investors to buy their shares from Grayscale Bitcoin Trust (GBTC) and Grayscale, two crypto-focused trusts.
In addition to Grayscale CEO Michael Sonnenshein, parent company Digital Currency Group (DCG) and CEO Barry Silbert were also involved in the case.