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Grayscale Buys $43M LINK as SEC Signals Clearer Crypto Rules

Published by
Sohrab Khawas

Grayscale Investments has quietly accumulated about 5.258 million LINK worth roughly $43 million, even as the token trades nearly 70% below last year’s high. The move comes as the U.S. Securities and Exchange Commission hires a former deputy general counsel from Chainlink Labs following the departure of Gary Gensler.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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