The client requested HALO investigators review a potential Grayscale impersonator account on Telegram: https://t.me/wellyfin. This account is no longer active on Telegram; however, open-source research identified an active website using the same name. This site purports to offer cryptocurrency, forex, stock and options trading services to retail investors. Open-source research identified numerous review websites describing Wellyfin as a scam.

Domain registration records for Wellyfin.com indicate the site was registered anonymously on 31 March 2021 through NameCheap, a popular domain registrar.
Investigators identified no indication on the Wellyfin website that the company is impersonating Grayscale or otherwise exploiting the Name, Image, or Likeness of Grayscale or its executives.
Investigators registered an account on the Wellyfin website. This opened up options for ‘preferred investment plans’ offering rates of return between 20-40% hourly. The site also provided the following Bitcoin wallet address to direct payments