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Mysterious Filings Suggest Impostor Is Using Grayscale’s Name to Pump Obscure Coins
Summary: Someone appears to have gone to odd lengths to impersonate digital asset manager Grayscale Investments, possibly in an effort to drive up the prices of two lesser-known cryptocurrencies. Grayscale said it has no intention of creating a financial instrument around Nahmii, an Ethereum scaling project, or Theta, a video platform. Nevertheless, there is a pair ...
Someone appears to have gone to odd lengths to impersonate digital asset manager Grayscale Investments, possibly in an effort to drive up the prices of two lesser-known cryptocurrencies.
Grayscale said it has no intention of creating a financial instrument around Nahmii, an Ethereum scaling project, or Theta, a video platform. Nevertheless, there is a pair of registered trusts, one for each obscure coin, in the state of Delaware (the trust for Nahmii misspells the coin’s name with one “i”). Each of these trusts bears Grayscale’s name, and the registration gives the same agent’s address that the firm uses for its real crypto investment vehicles.
By Amy Liu
Tags: Grayscale,Impostor,Nahmii,Theta
Link: Mysterious Filings Suggest Impostor Is Using Grayscale’s Name to Pump Obscure Coins [Copy]
