Cryptocoins News / The Cointelegraph - 1 year ago
The public battle between Cameron Winklevoss and Digital Currency Group CEO Barry Silbert continues to rage. The monumental collapse of FTX didn’t just destroy a crypt...
Cryptocoins News / EthereumWorldNews - 1 year ago
Crypto broker Genesis reportedly owes more than $3 billion to its creditors.& These liabilities have prompted parent firm DCG to explore selling assets to raise money.& DCG’s venture portfolio boasts 200 crypto projects including banks and e...
Cryptocoins News / The Cointelegraph - 1 year ago
Crypto broker Genesis allegedly owes $900 million to clients of cryptocurrency exchange Gemini. Cryptocurrency broker Genesis Global Trading allegedly owes its credit...
Bitcoin News / Bitcoinist - 1 year ago
The contention between Gemini and the Genesis group has been spiraling, especially with the most recent development. Gemini has officially put a stop to the interest-bearing product, which is the flagship Earn program. This message was circulated via...
Cryptocoins News / The Cointelegraph - 1 year ago
After having about $290 million locked at Digital Currency Group, Bitvavo decided to pre-fund the assets on its own and is now looking for full repayment. Cryptocurren...
Cryptocoins News / Blockchain - 1 year ago
DCG's partial debt repayment plan was rejected by Bitvavo. The Dutch crypto exchange said it has adequate resources to keep servicing consumers. On Jan. 10, Cameron Winklevoss publicly accused DCG CEO Barry Silbert of fraud. (Read More)
Cryptocoins News / The Cointelegraph - 1 year ago
Barry Silbert’s letter to shareholders came just hours after Cameron Winklevoss wrote an open letter accusing him of defrauding customers. The crypto community woke t...
Cryptocoins News / CoinJournal - 1 year ago
Cameron accused Silbert of misrepresenting statements to Gemini on how the company was capitalized &
DCG’s responsibility for Genesis restructuring and bankruptcy based on non-callable $1.1b promissory note
The feud between Gemini cryp...
Cryptocoins News / The Cointelegraph - 1 year ago
Digital Currency Group’s ongoing financial distress isn’t likely to cause much further strain on crypto prices, according to Galaxy Digital Holdings CEO Mike Novogratz....
Cryptocoins News / EthereumWorldNews - 1 year ago
Digital Currency Group (DCG) is cutting costs and streamlining operations in order to position itself for long-term success.CEO Barry Silbert acknowledged the current state of the market and the challenges facing the industy,Despite these challenges...
by COINS NEWS - 1 year ago
Cameron Winklevoss, president and co-founder of Gemini, has written an open letter demanding Barry Silbert’s removal as CEO of Digital Currency Group.The Co-Founder of Gemini, Cameron Winklevoss, has released an extensive letter alleging that Genesis...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary:
Gemini President Cameron Winklevoss said there’s no path forward as long as Barry Silbert remains CEO of Digital Currency Group.The letter demanded that the DCG board out Silbert and install new management, while also accusing Sil...
Cryptocoins News / The Cointelegraph - 1 year ago
Recursive trades between the Grayscale Bitcoin Trust and the Three Arrows Capital hedge fund allegedly inflated assets, according to an open letter from the Gemini co-founder....
Bitcoin News / Bitcoinist - 1 year ago
Digital Currency Group, better known as DCG, is currently under investigation by U.S. authorities.
According to a report by Bloomberg, U.S. prosecutors in New York – specifically, the city of Brooklyn – are assessing the internal trans...
Bitcoin News / Google News Bitcoin - 1 year ago
SBF Pleads Not Guilty, DCG-Gemini Fiasco Escalates, Bitcoin Stable Amid $17K: This Week’s Crypto Recap& & CryptoPotato