When Michael Sonnenshein Bitcoin, and crypto would take its place as part of mainstream finance with Sonnenshein as one of the industry's leading figures.
It hasn't worked out that way. Two-and-a-half years after Sonnenshein's ascension, Grayscale still doesn't have an ETF, and the company's name is mud with many investors. Meanwhile, its parent company is mired in legal trouble with customers, rivals, and the Securities and Exchange Commission. Sonnenshein desperately needs to catch a break—and is poised to get one in the coming days if a federal court sides with Grayscale in a closely watched case.
