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Alameda Research Asks for More Time in $9 Billion Grayscale Bitcoin Trust Lawsuit


Alameda Research has requested more time to find additional plaintiffs for its lawsuit against Grayscale, which aims to unlock billions of dollars in investments. The FTX affiliate needs until September 15 to respond to Grayscale's motion to dismiss the lawsuit. Alameda stated that a potential co-plaintiff had backed out, but the firm is confident that it can gather enough shareholders to participate in the lawsuit within the extended timeframe.
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