Reuters reported that DCG founder and CEO Barry Silbert and Mark Murphy have resigned from the board of directors of Grayscale Investments. Shifke will replace Barry Silbert as chairman of Grayscale Investments.

DCG posted on X platform in response to the charges and accusations by the New York Attorney General, stating: "We fully refute these allegations and look forward to being exonerated in this case. DCG has always operated legally and with integrity. Over the past few months, we have actively cooperated with the New York prosecutor's investigation in an open and transparent manner. We were caught off guard by this lawsuit and there is no evidence that DCG, Barry Silbert or its employees engaged in any improper behavior." DCG Founder and CEO Barry Silbert's statement said: "I am shocked by the baseless accusations made by the New York prosecutor and plan to fight back in court. Honesty and integrity have always been my guiding principles. Last year, my goal with DCG was to help Genesis weather the storm caused by Three Arrows Capital and prepare for its future success. Unfortunately, this lawsuit ignores this fundamental fact."