Both FTX and Alameda are in the process of recovering their assets as they face the demands to return the funds to different groups of investors.
In March, Alameda Research filed suit against Grayscale Investments in the Court of Chancery in Delaware. The lawsuit seeks to “in value for shareholders of the Grayscale Bitcoin and Ethereum Trusts […] and realize over a quarter billion dollars in asset value for the FTX Debtors’ customers and creditors,” according to a statement.
As cases against FTX piled up, some plaintiffs requested the consolidation of lawsuits against the bankrupt exchange. However, on March 8, a judge
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