3AC, Grayscale Face New Legal Challenges

Hedge fund Fir Tree Capital Management is suing Grayscale Investments, the operator of the world's largest Bitcoin fund, for "potential mismanagement and conflicts of interest," according to a complaint filed Tuesday in Delaware Chancery Court. Separately, a federal judge authorized the issuance of subpoenas to former leadership of bankrupt crypto hedge fund Three Arrows Capital covering any "recorded information, including books, documents, records, and papers" related to its finances and assets. Jeremy Varlow and guest host Luke Franks of the Welcome to the Metaverse podcast discuss the latest developments on the legal front at the top of today’s Real Vision Crypto Daily Briefing. Later, DappRadar CEO Skirmantas Januskas joins Jeremy and Luke live to talk about the latest trends in Web3 gaming, the metaverse, and NFTs, including Animoca Brands' acquisition of PIXELYNX. Learn more about your ad choices. Visit podcastchoices.com/adchoices