Crypto Trader Tantra to Liquidate After 'GBTC Discount' Widens to Record

Crypto Trader Tantra to Liquidate After 'GBTC Discount' Widens to Record
Tantra Labs, a cryptocurrency-focused trading firm that offered an interest-bearing investment product, is being wound down after reporting “performance degradation” and failing to raise fresh capital.GGG Partners, an Atlanta-based bankruptcy trustee and debt-restructuring consultant, sent Tantra’s creditors a letter Thursday stating that it had been appointed liquidation manager to wind down the company, and that it would be responsible for monetizing any assets. A copy of the letter was obtained by CoinDesk and confirmed by multiple people.Katie Goodman, managing partner at GGG, said she couldn’t comment beyond the letter when reached by CoinDesk on her mobile phone. CoinDesk also sought…