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Cameron Winklevoss: ‘There is no path forward as long as Barry Silbert remains CEO of DCG’

Recursive trades between the Grayscale trust and the Three Arrows Capital hedge fund allegedly inflated assets and fees, according to an open letter from the Gemini president.

Continue ReadingCameron Winklevoss: ‘There is no path forward as long as Barry Silbert remains CEO of DCG’

Report: Federal Prosecutors in New York Probe Digital Currency Group and Subsidiary Genesis

Following accusations from Gemini co-founder Cameron Winklevoss in an open letter to Digital Currency Group CEO Barry Silbert, a report citing “people familiar with the matter” states that federal prosecutors…

Continue ReadingReport: Federal Prosecutors in New York Probe Digital Currency Group and Subsidiary Genesis

Gemini’s Cameron Winklevoss Insists Digital Currency Group Needs to Resolve Liquidity Issues in Open Letter to CEO Barry Silbert

Cameron Winklevoss, co-founder of the cryptocurrency exchange Gemini, published an open letter to Digital Currency Group (DCG) CEO Barry Silbert on Jan. 2, 2022, stating that it had been 47…

Continue ReadingGemini’s Cameron Winklevoss Insists Digital Currency Group Needs to Resolve Liquidity Issues in Open Letter to CEO Barry Silbert

Gemini Forms Creditors Committee With Houlihan Lokey to Resolve Genesis Liquidity Issues

Roughly two weeks ago a report from the Financial Times (FT) claimed Genesis Global Capital owed $900 million to Gemini customers and the publication’s sources noted that the exchange was…

Continue ReadingGemini Forms Creditors Committee With Houlihan Lokey to Resolve Genesis Liquidity Issues

Layoffs Spread Across the Blockchain Industry as Bear Market Cycle Impacts Crypto Firms

As digital currency prices have slid significantly in value during the past few months, the bear market cycle is starting to take its toll on the crypto industry’s workforce. On…

Continue ReadingLayoffs Spread Across the Blockchain Industry as Bear Market Cycle Impacts Crypto Firms