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Grayscale Investments has announced a shake-up in its board of directors, with the firm's CEO and president both stepping down. Meanwhile, Tether Treasury minted another one billion “authorized but not issued” USDT on Christmas Day, triggering some skepticism from the community. Elsewhere, there are emerging reports that creditors of the defunct crypto exchange Mt. Gox have started to receive some repayments in fiat.
Crypto investment firm Grayscale Investments has announced the resignation of two prominent executives from its board of directors — and the addition of three new people effective Jan. 1, 2024.
According to a Dec. 26 filing with the United States Securities and Exchange Commission (SEC), Grayscale confirmed that Digital Currency Group CEO Barry Silbert and president Mark Murphy will exit the board. New members Mark Shifke, Matthew Kummell and Edward McGee were announced as their replacements.