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Gemini Sues Digital Currency Group and Founder Barry Silbert Alleging 'Fraud'
Gemini and its founders sued Digital Currency Group on Friday alleging that it incurred losses due to DCG's "false, misleading and incomplete representations" tied to DCG subsidiary Genesis' work with Gemini on the crypto company's Earn product. дальше »
2023-7-7 18:06 | |
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Gemini’s Winklevoss Demands $1.46B Settlement from DCG In EARN Product Tussle
Gemini has escalated its conflict with Digital Currency Group (DCG) after approximately seven months since Genesis Global Trading, DCG’s lending arm, suspended withdrawals. On Tuesday, Gemini co-founder Cameron Winklevoss presented Barry Silbert, the founder of DCG, with a “best and final offer” letter to settle the $1. дальше »
2023-7-7 20:31 | |
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Will DCG and Barry Silbert Respond to Winklevoss Offer?
Gemini co-founder Cameron Winklevoss has given business partner Barry Silbert until 4p.m. ET today to respond to a proposed agreement for Earn customers. The post Will DCG and Barry Silbert Respond to Winklevoss Offer? appeared first on BeInCrypto. дальше »
2023-7-6 14:08 | |
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Gemini gives DCG a $1.46b debt repayment ultimatum
Gemini co-founder Cameron Winklevoss has proposed a final offer, mandating Digital Currency Group’s (DCG) Barry Silbert and his embattled company to start reimbursing Gemini Earn creditors by July 21 or face a lawsuit. There appears to be a glimmer of… дальше »
2023-7-4 16:15 | |
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Pro-XRP Lawyer Responds To Winklevoss’ Letter To DCG CEO: Legal Battle On The Horizon?
A recent dispute within the industry has seen Cameron Winklevoss, a prominent investor, and co-founder of the crypto platform Gemini, engage in public discourse with Barry Silbert, CEO of the Digital Currency Group (DCG). дальше »
2023-7-4 14:30 | |
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Winklevoss gives DCG 2 days to accept Gemini’s ‘best and final offer’
The co-founder of the Gemini cryptocurrency exchange, Cameron Winklevoss, publicly issued an ultimatum to Barry Silbert, the CEO of the Digital Currency Group (DCG), on July 4. In an open letter, he announced Gemini’s “best and final offer” for debt restructuring, giving Silbert a tight deadline of just two days to respond. дальше »
2023-7-4 12:58 | |
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Renewed Crypto Drama: Gemini’s Winklevoss Threatens DCG With Lawsuit Within 72 Hours
In a recent open letter addressed to Barry Silbert, the CEO of Digital Currency Group (DCG), Cameron Winklevoss, co-founder of the popular cryptocurrency exchange Gemini, has reignited the ongoing saga surrounding the alleged fraudulent behavior of DCG and its subsidiary, Genesis. дальше »
2023-7-4 09:10 | |
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Alameda, FTX Demand Grayscale To Unlock $9 Billion From BTC, ETH Trusts In New Lawsuit
Grayscale, the world’s largest Bitcoin fund, is being sued by Alameda and FTX on behalf of FTX’s debtors and affiliates. According to a press release issued by the FTX Debtors on Monday, claims have also been filed directly against Grayscale CEO Michael Sonnenshein and Digital Currency Group (DCG) CEO Barry Silbert. Grayscale is owned by […] дальше »
2023-3-7 13:30 | |
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Barry Silbert’s DCG selling off assets at distressed prices, but market doesn’t care
Key Takeaways DCG own the Grayscale Bitcoin Trust, which has been trading at a sizeable discount following concern around the reserves held DCG has begun selling off crypto assets at distressed prices following bankruptcy of Genesis Market seems to have priced this in, but there could be more twists to come A couple of weeks […] The post Barry Silbert’s DCG selling off assets at distressed prices, but market doesn’t care appeared first on CoinJournal. дальше »
2023-2-7 16:30 | |
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Lenders accuse DCG CEO of hoax deal to hide $1.1b loss
In a proposed securities class action lawsuit against Digital Currency Group Inc., a group of lenders claimed that Barry Silbert, the CEO of an insolvent crypto firm, concocted a “misleading phony deal” to hide an impending $1 billion implosion. Former… дальше »
2023-1-25 14:25 | |
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Cameron Winklevoss Threatens Lawsuit after Genesis Filed for Bankruptcy
Coinspeaker Cameron Winklevoss Threatens Lawsuit after Genesis Filed for Bankruptcy Winklevoss said this move will afford the firm to recoup its funds as the Barry Silbert-led DCG has continued to refuse to offer its creditors a fair deal. дальше »
2023-1-21 14:34 | |
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DCG CEO Silbert addresses $1.1b note in his letter to investors
As the pressure continues to rise on Digital Currency Group (DCG), the US-based company’s CEO, Barry Silbert, says in a letter that DCG may not need to pay the $1.1 billion promissory note. According to the letter, the massive amount… дальше »
2023-1-11 11:41 | |
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Gemini’s Cameron Winklevoss Calls for Barry Silbert’s Ousting as DCG CEO
Gemini made a new move against Digital Currency Group today when co-founder Cameron Winklevoss called on the companys board to fire Barry Silbert. A Campaign of Lies The tension between... дальше »
2023-1-11 17:52 | |
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Barry Silbert’s DCG is reportedly being investigated by US SEC and New York authorities
Following the decision of the Digital Currency Group (DCG) to shut down its wealth management unit, United States authorities are now reportedly investigating the company's internal financial transfers. дальше »
2023-1-8 20:10 | |
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Silbert’s DCG is being investigated by DOJ, SEC over internal transactions
The United States Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) have opened investigations into Barry Silbert’s Digital Currency Group (DCG) to examine its internal money transfers and loans, as reported by Bloomberg News. дальше »
2023-1-7 15:15 | |
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Digital Currency Group closes wealth management branch
The Digital Currency Group, created by Barry Silbert, is closing HQ Digital, a wealth management business launched the year before. On January 2, HQ, the parent business of Genesis Trading, informed customers that activities had ceased. дальше »
2023-1-6 10:46 | |
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Gemini Accuses DCG of Being Behind Genesis’ Woes
Gemini’s co-founder Cameron Winklevoss wrote an open letter Tuesday accusing Barry Silbert, CEO of DCG, the parent company of Genesis trading, of causing the latter’s collapse. Genesis Global Trading temporarily suspended withdrawals in November due to liquidity issues resulting from the demise of FTX. дальше »
2023-1-4 17:00 | |
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DCG Drama Recap: Winklevoss Letter, Grayscale Troubles, Class-Action Arbitration
Barry Silberts woes continue as Cameron Winklevoss ratchets up the pressure, Gemini Earn customers file for class-action arbitration, and Grayscales Ethereum Trust trades at its lowest discount ever. New Year,... дальше »
2023-1-4 20:16 | |
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Cameron Winklevoss Ultimatum to Barry Silbert: Solve Genesis Problems by Jan. 8
Cameron Winklevoss wrote an open letter to Barry Silbert asking him to solve Gemini Earn users' problems by Jan. 8 The post Cameron Winklevoss Ultimatum to Barry Silbert: Solve Genesis Problems by Jan. 8 appeared first on BeInCrypto. дальше »
2023-1-3 23:15 | |
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Cameron Winklevoss shares letter to Barry Silbert with public
Gemini co-founder Cameron Winklevoss has issued a public letter on Twitter to address Barry Silbert, the founder of DCG. дальше »
2023-1-3 20:48 | |
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DCG CEO Barry Silbert addresses investors’ concerns in a letter to shareholders
The crypto contagion sparked by the downfall of FTX seems to have found its latest victim- Genesis Global Capital. However, the trouble isn’t limited to the New Jersey-based crypto lender. MarkeThe post DCG CEO Barry Silbert addresses investors’ concerns in a letter to shareholders appeared first on AMBCrypto. дальше »
2022-11-23 20:00 | |
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CryptoSlate Wrapped Daily: Bitcoin miners continue to sell as realized loss from FTX exceeds LUNA collapse
The biggest news in the cryptoverse for November 22 includes the increasing rate of miner sellouts, realized Bitcoin loss from FTX fallout surpassing the losses caused by the Terra collapse, and Digital Currency Group CEO Barry Silbert’s comments regarding the liquidity situation at Genesis. дальше »
2022-11-23 01:05 | |
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Genesis onboards financial advisors as it explores 'all possible options'
Genesis has hired global investment bank - Moelis & Company to explore all possible options including bankruptcy DCG's CEO Barry Silbert revealed that the parent company owes Genesis $575 mThe post Genesis onboards financial advisors as it explores 'all possible options' appeared first on AMBCrypto. дальше »
2022-11-23 00:30 | |
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Silbert downplays liquidity crisis, expects $800M revenue in 2022 for DCG
Following rumors of potential contagion from FTX, Digital Currency Group (DCG) CEO Barry Silbert sent shareholders a memo on November 22 addressing the situation surrounding Genesis’ liquidity. дальше »
2022-11-23 23:55 | |
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Grayscale files opening brief in Bitcoin ETF battle against SEC
Rallying support for a United States spot Bitcoin exchange-traded fund (ETF), Digital Currency Group (DCG) CEO Barry Silbert said it is time the SEC approved one. The post Grayscale files opening brief in Bitcoin ETF battle against SEC appeared first on CryptoSlate. дальше »
2022-10-12 13:00 | |
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Global Financial Markets Struggling: Will Bitcoin Become a Safe Haven Asset?
As the British pound collapses, bond prices decline, and interest rates increase, Digital Currency Group CEO Barry Silbert says that bitcoin will become the preferred safe-haven asset. The post Global Financial Markets Struggling: Will Bitcoin Become a Safe Haven Asset? appeared first on BeInCrypto. дальше »
2022-9-29 20:30 | |
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