Key Takeaways Digital Currency Group brought old problems into the new year. Gemini co-founder Cameron Winklevoss posted an open letter criticizing DCG CEO Barry Silbert’s actions with regards t...
Tag: DCG
Roubini Lambasts Gemini and DCG as “Ponzi Cesspools”
Alex Dovbnya Nouriel Roubini has shared his take on the latest cryptocurrency “cat fight” between Gemini and DCG In a recent tweet, economist Nouriel Roubini opined that crypto exchange Gemini and ven...
Gemini co-founder claims DCG acted in bad faith; DCG CEO had this to say
Gemini co-founder Cameron Winklevoss stated that DCG’s Barry Silbert has been acting in bad faith. However, Gilbert refuted the allegations and claimed that he has been cooperating with Gemini. Came...
DCG Insolvency Fears Again Sparks Grayscale Liquidation Speculation – Here’s What We Know
– Advertisement – The fresh concerns have been triggered by Cameron Winklevoss’ recent open letter to DCG Chief Barry Silbert. Digital Currency Group (DCG), the parent company of asset man...
Gemini Earn users launch class arbitration against Genesis, DCG
Three users of Gemini Earn filed a class arbitration case against Genesis Global Capital, Digital Currency Group (DCG), and Genesis Global Trading, with the American Arbitration Association on Dec. 30...
3AC Co-Founder Zhu Su Accuses DCG of Being Criminally Fraudulent
Three Arrows Capital (3AC), a Singapore-based crypto hedge fund, became one of the many industry participants that went bankrupt in the bear market. At its peak, 3AC managed more than $10 billion wort...
3AC co-founder claims DCG and FTX colluded to attack Terra LUNA, stETH
Bankrupt firm Three Arrows Capital’s co-founder Zhu Su alleged that Digital Currency Group (DCG) and FTX conspired to attack Terra LUNA and staked Ethereum (stETH) in a Jan. 3 Twitter thread. The hedg...
3AC founder Zhu Su alleges DCG and FTX caused the fall of LUNA and STETH
Seven months down the line, 3AC founder, Zhu Su, has come out openly to blame Digital Currency Group (DCG), the parent firm behind Grayscale Investments and Genesis Trading, for the collapse of Terra....
3AC CEO Predicts How War Between DCG / Genesis Will End
Su Zhu, a co-founder of Three Arrows Capital, has spoken out in a Twitter thread about the escalating crypto war between Digital Currency Group (DCG) CEO Barry Silbert and the Winklevoss twins, founde...
Gemini users file class-action request against Genesis and DCG: CoinDesk
Three users of Crypto exchange Gemini’s Earn program have reportedly filed a request for class-action arbitration against Genesis Global Capital and Digital Currency Group. The request, wh...
Gemini and DCG work to resolve frozen funds
Cameron Winklevoss, a Co-Founder of Gemini, has accused DCG of stalling their efforts to claim funds worth approximately $1.7 billion. The funds have been on hold reportedly since mid-November. The a...
3AC Co-Founder Su Zhu Alleges DCG and FTX Conspired to Attack LUNA and stETH
Three Arrows Capital co-founder Su Zhu alleged on Twitter that DCG and FTX conspired to attack LUNA and stETH. He accused them of engaging in misdirection. Su Zhu, a co-founder of the bankrupt fallen ...
“DCG, A Criminal Fraud” – 3AC Founder Accuses DCG For Terra Collapse
The year 2022 has been one of the most challenging years for the global markets, especially cryptocurrencies. The crypto world had several unfavorable events like bankruptcy where major companies such...
Gemini’s Winklevoss Slams DCG CEO Silbert for ‘Bad Faith Stall Tactics’ Over $900M in Locked Funds
Crypto broker Genesis, owned by Digital Currency Group (DCG), is in a bad spot. The company’s lending arm halted customer withdrawals in November amid the downfall of FTX, and it reportedly owes users...
DCG on tight deadline, new Binance acquisition, Silvergate lawsuit, Solana pumps
The biggest news in the cryptoverse for Dec. 22 is dominated by lawsuits, bankruptcies, and acquisitions as the top people in the industry duke it out on a big day for the bear market in this CryptoSl...
Gemini founder claims Genesis and DCG are ‘beyond commingled’, gives deadline
Cameron Winklevoss states that Genesis Global has been “engaging in bad faith stall tactics” The crypto lending arm of DCG has been refusing to meet with Gemini to solve problems regarding user funds ...
Digital Currency Group (DCG): We’re in Good Shape
With the fall of FTX and so many other issues plaguing the digital currency world, many are wondering what the fate of the Digital Currency Group (DCG) in Connecticut will be. The organization is argu...
Genesis and DCG seek asset recovery amid financial concerns.
Cameron Winklevoss, a co-founder of Gemini, claims that the global investment bank Houlihan Lokey has developed a strategy to address the liquidity concerns that have been plaguing Genesis and its...
Genesis and DCG seek path for the recovery of assets amid liquidity issues
The co-founder of Gemini, Cameron Winklevoss, says that global investment bank Houlihan Lokey has devised a plan on behalf of a committee of creditors to resolve the liquidity issues at Genesis and it...
Genesis and DCG creditor committee propose plan for asset recovery
Houlihan Lokey, an investment and financial services firm, presented a liquidity resolution plan on behalf of the creditor committee for the crypto broker Genesis and its parent company, DCG. Ge...
Can Gemini’s Creditor Committee resolve the Genesis, DCG liquidity crisis
The Gemini creditor committee presented a plan to Genesis and DCG to resolve their liquidity issues Genesis and DCG owe $900 million to Gemini Gemini, as of 21 December, provided an update to its use...
Bitvavo Claims DCG Has Liquidity Issues, Exchange Funds Unaffected
As the fallout from the FTX implosion continues to unfold across the pond, DCG Group is also said to be dealing with liquidity issues and has halted repayments “until liquidity issues have been resolv...
DCG Tokens Sparking Red Amid Market Speculation
Digital Currency Group or DCG having the market speculation effect on its assets as its portfolio assets are red across board. DCG Portfolio Source: Messari DCG Portfolio The assets on the DCG portfol...
Bitcoin Giant DCG Has Locked Nearly $300,000,000 in Crypto Amid Liquidity Issues, Says Dutch Exchange
Dutch crypto exchange Bitvavo says that Digital Currency Group (DCG) is withholding hundreds of millions of dollars from it due to liquidity issues. In a recent company statement, Bitvavo says that DC...
Crypto exchange Bitvavo attempts to acquire its $300m from struggling DCG
The struggling cryptocurrency venture capital business DCG owes the Dutch cryptocurrency exchange Bitvavo nearly $300 million, and Bitvavo has said that it is attempting to get the funds back from DCG...
Crypto exchange Bitvavo is trying to get nearly $300m from DCG
The struggling cryptocurrency venture capital business DCG owes the Dutch cryptocurrency exchange Bitvavo nearly $300 million, and Bitvavo has said that it is attempting to get the funds back from DCG...
DCG suspends repayments citing liquidity issues
Digital Currency Group, which manages $296.7 million (280 million euros) in deposits and digital assets for off-chain staking services, recently experienced liquidity issues due to the bear market, ha...
DCG Bankruptcy Is Imminent? Proof Of Asset Transactions
DCG Bankruptcy News: With the Digital Currency Group (DCG) experiencing huge liquidation in the last 24 hours, speculation is rife about the stability of the platform. The crypto market is still not o...
Crypto exchange Bitvavo says €280m are locked at DCG
Bitvavo claims that €280 million of its funds are locked at DCG. The organization claims that this will not affect users’ finances. Bitvavo explains DCG’s troubles won’t affect users Amid the crypto d...
Community Fears DCG is Selling as Altcoin’s Values Tank
The crypto market experienced a massive sell-off in the last 24 hours. Several assets related to Digital Currency Group (DCG) Grayscale’s investment products, like NEAR, Filecoin, Ethereum Classic, et...