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SEC Filing Alert: Grayscale Submits Form 8-K for Horizen Trust
Grayscale Investments has submitted a Form 8-K to the Securities and Exchange Commission (SEC), further fueling concerns about its transparency practices. The filing is linked to the company’s recent decision to launch Horizen Trust, a new trust that will track the performance of the Horizen cryptocurrency.
While Grayscale’s efforts to innovate in the digital asset space are commendable, the lack of transparency surrounding this move has raised eyebrows within the crypto community. Critics argue that the Form 8-K filing does not provide sufficient information regarding the financial standing of the new trust and its potential risks.
The concerns around Grayscale’s transparency extend beyond this recent development. The company has been criticized in the past for a perceived lack of openness about its operations, which some believe is detrimental to the overall health of the cryptocurrency market.
Source: bravenewcoin.com
