DCG’s Barry Silbert Returns to Grayscale as Chairman Amid IPO Push

Description

Digital Currency Group’s (DCG) Barry Silbert has been re-appointed as chairman of the board at asset manager Grayscale, one of DCG's subsidiaries, alongside several other new, high-ranking hires at the firm. Silbert, who owns Grayscale, resigned in December 2023 after the company was hit with a lawsuit from the New York Attorney General’s office which accused Silbert and DCG of misleading investors and hiding financial losses totaling more than $1 billion. Both Silbert and DCG denied the claims,...