FTX debtor Alameda Research is suing Grayscale, Digital Currency Group and CEO Barry Silbert in an effort to recover share value. Alameda claims Grayscale’s fee structure and failure to allow in...
Tag: Silbert
Barry Silbert keeps quiet as Genesis goes down in flames
Just two months after the collapse of FTX, Genesis is following suit. Against an increasingly disheartening backdrop of “Big Cryptos” going bust, Barry Silbert’s cryptocurrency lender, Genesis Global ...
Genesis creditors launch class action lawsuit against DCG, Barry Silbert
Genesis creditors are suing Digital Currency Group (DCG) and its CEO Barry Silbert for alleged violations of federal securities laws, according to a press release on Jan. 23. The class action lawsuit ...
DCG & Barry Silbert Face Class Action Lawsuit From Creditors
DCG and Barry Silbert are facing a class action lawsuit from creditors of Genesis. The lawsuit alleges a violation of federal securities laws by DCG and Silbert. The law firm representing the creditor...
DCG and Barry Silbert hit with securities lawsuit
Digital Currency Group (DCG) and CEO Barry Silbert are facing a securities class action (SCA) lawsuit from a group of Genesis creditors. DCG and Barry Silbert faced with securities lawsuit The lawsui...
Genesis creditors file securities lawsuit against Barry Silbert and DCG
Troubled cryptocurrency company Digital Currency Group (DCG) is facing more legal issues as its subsidiary Genesis Capital got slapped with a new class action lawsuit. A group of Genesis creditors fil...
Winklevoss Mulls Lawsuit Against Barry Silbert, Digital Currency Group
Gemini, the cryptocurrency exchange helmed by the Winklevoss twins, is planning to sue Digital Currency Group (DCG) and its CEO Barry Silbert unless they offer a plan for repaying the $900 million loa...
Winklevoss line up against Barry Silbert
Cameron Winklevoss, co-founder of crypto-exchange Gemini, has threatened to file a lawsuit against Digital Currency Group (DGC) and its CEO Barry Silbert. The lawsuit relates to the $900 million Genes...
Cameron Winklevoss Says Gemini Will Sue Digital Currency Group and Barry Silbert As Genesis Files for Bankruptcy
The co-founder of US-based exchange giant Gemini is announcing his exchange will sue the parent company of bankrupt crypto lender Genesis. Yesterday, Genesis Global Capital, LLC filed for Chapter 11 b...
Cameron Winklevoss Ready to Take Legal Action Against DCG’s Barry Silbert
The Co-Founder of Gemini – Cameron Winklevoss – said he could sue the CEO of Digital Currency Group – Barry Silbert – for allegedly defrauding over 340,000 Earn users. The threat comes shortly after G...
Gemini co-founder threatens to file lawsuit against DCG and Barry Silbert
Cameron Winklevoss, co-founder of crypto exchange Gemini, threatened to file a lawsuit against crypto conglomerate Digital Currency Group (DCG) and its CEO Barry Silbert after DCG’s lending unit...
Can Barry Silbert Delay the Inevitable?
It’s unclear how bad things will get, however. Genesis, according to Silbert, is facing a liquidity issue but is not insolvent. Putting aside the $175 million Genesis lost in an FTX trading account, t...
Winklevoss vs. Silbert: $900 M Crypto Faceoff
Genesis used Gemini as a lending partner and had customers deposit $900 million with Genesis. Post FTX-saga, genesis had halted withdrawals, and money was stuck. Winklevoss brothers had placed the b...
DCG’s Barry Silbert is Dodging the Hard Questions, Sources Say
Barry Silbert is attempting to shield himself and the company he heads from liability, four industry sources speaking under condition of anonymity have told Blockworks. In a shareholder letter on Tues...
Digital Currency Group CEO Barry Silbert Breaks Silence, Says Past Year Most Difficult of His Life
Digital Currency Group (DCG) CEO Barry Silbert has finally broken his silence after a series of serious accusations from Gemini founder Cameron Winklevoss. Silbert says in a new letter to shareholders...
Silbert: DCG Borrowed Hundreds of Millions From Genesis at 10-12% Interest
Barry Silbert is nostalgic. Nostalgic, that is, for “the early days of our industry,” when the under-fire Digital Currency Group (DCG) head said in a Tuesday shareholder letter that he now misse...
Barry Silbert Says It’s Challenging When Someone Questions His ‘Integrity’
Barry Silbert, CEO of DCG has reacted to Cameron Winklevoss, co-founder of crypto exchange Gemini’s open letter about Sibert being ‘unfit’, to run his organization. Amid calls for resignation, the CE...
DCG chief Barry Silbert pens letter to shareholders, community reacts
The crypto community woke to another drama-filled day after the Digital Currency Group (DCG) chief’s letter to shareholders went wrong. DCG CEO, Barry Silbert, penned a letter to the shareholders on J...
Cameron Winklevoss and Barry Silbert are in a bitter battle in crypto
Tyler Winklevoss, chief executive officer and co-founder of Gemini Trust Co., left, and Cameron Winklevoss, president and co-founder of Gemini Trust Co., speak during the Bitcoin 2021 conference in Mi...
DCG Head Silbert Fights For His Life As Winklevoss Brothers Demand He Quits
Join Our Telegram channel to stay up to date on breaking news coverage Digital Currency Group CEO Barry Silbert is fighting for his life as the Winklevoss brothers demand he quits. Based on recent rep...
Digital Currency Group CEO Barry Silbert Responds to Accusations by Gemini’s Cameron Winklevoss With Shareholders Letter – Bitcoin News
Barry Silbert, CEO of Digital Currency Group (DCG), has released a letter to shareholders in response to a recent open letter from Gemini CEO Cameron Winklevoss. The letter, issued Tuesday by Winklevo...
FTX Collapse: Dispute Between Billionaires Winklevoss, Silbert Escalates
FTX’s bankruptcy filing has reverberated again through the crypto space, and in a big way. Cameron Winklevoss, co-founder of the Gemini cryptocurrency exchange, has accused billionaire Barry Sil...
Who Is Former Crypto Billionaire Barry Silbert, Whom Cameron Winklevoss Blames For Accounting Fraud?
Join Our Telegram channel to stay up to date on breaking news coverage According to accusations made by Cameron Winklevoss, CEO of cryptocurrency exchange Gemini, in a blistering open letter posted to...
Gemini’s Founder Pressures DCG CEO Barry Silbert To Step Down
Cameron Winklevoss, a co-founder of the cryptocurrency exchange Gemini, has written an open letter to the board of directors of Digital Currency Group, or DCG in short, in which he asserts that CEO Ba...
Cameron Winklevoss Wants Barry Silbert Removed As CEO Of DCG
The co-founder of cryptocurrency exchange Gemini, Cameron Winklevoss, has launched a scathing attack on Barry Silbert, stating that the Digital Currency Group CEO was unfit to run the company. Accord...
‘There is no path forward as long as Barry Silbert remains CEO of DCG’
Cameron Winklevoss, co-founder of the cryptocurrency exchange Gemini, has penned an open letter to the board of Digital Currency Group, or DCG, saying CEO Barry Silbert was “unfit” to run the company....
Shareholders of GBTC rebel against Barry Silbert
DCG is struggling as the Grayscale trusts face severe discounts and greater competition from ETFs. As a result, 20% of the shareholders of Grayscale Bitcoin Trust (GBTC) declared their support for vot...
Cameron Winklevoss Says DCG CEO Barry Silbert is ‘Unfit’ to Run the Company
The public spat between Barry Silbert, CEO of the Digital Currency Group (DCG), and Cameron Winklevoss, co-founder of the cryptocurrency exchange Gemini, hit a new low on Tuesday when Winklevoss deman...
Gemini Earn Users Swindled By Barry Silbert?
Crypto Exchange Gemini co-founder, Cameron Winklevoss, sent another open letter regarding the Genesis borrowing agreement. This time, the executive addressed the Digital Currency Group (DCG) Board of ...
Cameron Winklevoss Tells Digital Currency Group To Fire Barry Silbert, Says Fraud Committed Against Gemini Users
The founder of one of the biggest crypto exchanges in the world is urging Digital Currency Group (DCG) to fire its CEO Barry Silbert over issues surrounding Genesis. Last week, Gemini founder Cameron ...
Barry Silbert defends DCG in response to Gemini’s Winklevoss
Barry Silbert laid out a point by point rebuke of accusations made by Gemini President Cameron Winklevoss in an open letter earlier today that demanded the removal of the Digital Currency Group chief ...
Gemini’s Cameron Winklevoss Calls for the Removal of DCG CEO Barry Silbert
Gemini co-founder Cameron Winklevoss has called on the Board of Digital Currency Group (DCG) to immediately remove CEO Barry Silbert According to Winklevoss, the DCG chief executive made false and mis...