CryptossorCryptossor
  • Home
  • News
    • Global
    • Bitcoin
    • DeFi
    • Cryptocurrency
    • Economy
  • Technology
  • Contact
Facebook Twitter Instagram
Subscribe
CryptossorCryptossor
Twitter
  • Home
  • News
    1. Global
    2. Bitcoin
    3. DeFi
    4. Cryptocurrency
    5. Economy
    6. View All

    Investors Seek Refuge in Cash as Recession Fears Mount, BOFA Survey Reveals

    Mayıs 18, 2023

    Report: Well Known Crypto Firms Still Not Adhering to Basic Governance Standards

    Mayıs 18, 2023

    EU Council Adopts New Rules for Europe’s Crypto Markets

    Mayıs 18, 2023

    BRICS to Strengthen Economic Cooperation — Sherpa Calls for Increased Trade in National Currencies

    Mayıs 18, 2023

    Bitcoin Billionaire: This Platform Could Crash! But Like FTX..

    Ocak 11, 2023

    Tomorrow is Critical Day for Bitcoin: 5 Analysts Are Waiting For These!

    Ocak 11, 2023

    2 Important Charts Say ‘Buy’ This Cryptocurrency!

    Ocak 11, 2023

    Major Cryptocurrency Exchange Announces: Terminating!

    Ocak 11, 2023

    Defrost Finance Team Calls Rug Pull Claims Slander

    Aralık 30, 2022

    Arab Bank Switzerland Presents 10 DeFi Tokens to Customers

    Ocak 7, 2022

    Celsius Network Confirms They Lost Money In BadgerDAO DeFi Attack

    Aralık 3, 2021

    SEC Chairman Gary Gensler Speaks About DeFi

    Aralık 1, 2021

    Bitcoin Price Predictions for 2023 from the Professionals

    Ocak 11, 2023

    Why Is Bitcoin Price Rising? Will the Ascension Continue?

    Ocak 11, 2023

    Iceberg Capital Launches $1 Billion Fund with Venom Foundation

    Ocak 11, 2023

    What is Flare (FLR)? Flare Token Price and Comment

    Ocak 11, 2023

    The end of the road has appeared for the Plus model of the Samsung Galaxy S series! So what’s the reason?

    Ocak 11, 2023

    Mortgage applications increase in the USA, interest rates decrease

    Ocak 11, 2023

    The expectation for the future of the economy is getting worse: The rate of those who have negative expectations about the economy has increased from 50 percent to 71 percent.

    Ocak 11, 2023

    Economists hope lifting of China’s COVID bans will boost 2023 growth better than expected

    Ocak 11, 2023

    Investors Seek Refuge in Cash as Recession Fears Mount, BOFA Survey Reveals

    Mayıs 18, 2023

    Report: Well Known Crypto Firms Still Not Adhering to Basic Governance Standards

    Mayıs 18, 2023

    EU Council Adopts New Rules for Europe’s Crypto Markets

    Mayıs 18, 2023

    BRICS to Strengthen Economic Cooperation — Sherpa Calls for Increased Trade in National Currencies

    Mayıs 18, 2023
  • Technology
  • Contact
CryptossorCryptossor
Home»Altcoin»Bitcoin Billionaire: This Cryptocurrency Company Scammed Us!
Altcoin

Bitcoin Billionaire: This Cryptocurrency Company Scammed Us!

cryptossorBy cryptossorOcak 10, 2023Yorum yapılmamış2 Mins Read
Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Email
Share
Facebook Twitter Pinterest Reddit WhatsApp Email

Bitcoin billionaires, the Winklevoss twins, openly accuse the crypto companies that put Gemini in trouble, of “defrauding thousands of investors.”

Cameron Winklevoss openly blamed Genesis and DCG

Gemini co-founder Cameron Winklevoss has taken a stand against crypto investment firm Genesis and its parent company Digital Currency Group (DCG) for arranging a fraud claim against exchange users. According to Winklevoss’ open letter published on Twitter on January 10, Genesis misrepresented its true financial position to Gemini, resulting in the loss of funds from approximately 340,000 customers.

In the letter, Winklevoss put the blame on DCG CEO Barry Silbert, noting that the board should consider removing the executive before finding a way.

Earn Update: An Open Letter to the Board of @DCGco pic.twitter.com/eakuFjDZR2

— Cameron Winklevoss (@cameron) January 10, 2023

It should be noted that victim customers earn interest by lending their cryptocurrencies through Genesis. As Kriptokoin.com, we have included the details in this article. But after Genesis terminated refunds, citing the effects of the FTX collapse, my clients suspended $900 million in funds in their own account. Winklevoss writes about CEO Barry Silbert:

As long as Barry Silbert remains CEO of DCG, there is no way forward. He proved unfit and unwilling to run DCG and unable to find both a fair and reasonable settlement with creditors.

Bitcoin billionaire seeks immediate dismissal of Barry Silbert

The Gemini founder added that with the new management at DCG, both Gemini and Genesis can find an out-of-court settlement that will result in a win-win situation for all parties involved. Since stopping withdrawals, creditors have sought a solution, and Winklevoss argues that DGC is not bona fide. Along this line, he published his first open letter arguing that Silbert’s involvement in the case was marred by “malicious distraction tactics.”

Therefore, DCG asked its founder to commit to resolving the fiasco by January 8. But Silbert struck out at Gemini, claiming that DCG had shared a proposal to settle the dispute at the end of December, but there was no feedback. Winklevoss is now urging DCG shareholders to fire Barry Silbert as CEO for allegedly defrauding Gemini Earn investors.

Silbert previously reported that Genesis suffered a $1.2 billion loss from the 3AC collapse. But Winklevoss alleges that DCG and Genesis lied to Gemini and its users about $1.2 billion to support DCG’s continued operation of Genesis.

In light of the public lie made to Gemini and its users, Cameron demands the immediate dismissal of DCG’s board of directors, Barry Silbert.

Barry Silbert Dcg Gemini Genesis
Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email
Previous ArticleCameron Winklevoss Requests DCG CEO Barry Silbert to be Fired
Next Article World Bank cuts its growth forecast for Turkey by half a point
cryptossor
  • Website
  • Twitter

The most realistic News Of The Crypto [email protected] https://twitter.com/cryptossorcom

Related Posts

Investors Seek Refuge in Cash as Recession Fears Mount, BOFA Survey Reveals

Mayıs 18, 2023

Report: Well Known Crypto Firms Still Not Adhering to Basic Governance Standards

Mayıs 18, 2023

EU Council Adopts New Rules for Europe’s Crypto Markets

Mayıs 18, 2023

BRICS to Strengthen Economic Cooperation — Sherpa Calls for Increased Trade in National Currencies

Mayıs 18, 2023

146 Top Executives Urge Biden to Prevent US Default — Warns of ‘Disastrous Consequences’

Mayıs 17, 2023

Axie Infinity Origins Breaks Through Apple’s App Store Barrier, Now Accessible to Select iOS Users

Mayıs 17, 2023
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Subscribe to Updates

Get the latest sports news from SportsSite about soccer, football and tennis.

Advertisement
Our Picks
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Don't Miss
Altcoin

Investors Seek Refuge in Cash as Recession Fears Mount, BOFA Survey Reveals

By cryptossorMayıs 18, 2023

Investors, plagued by mounting pessimism, have sought refuge in cash, according to a recent survey…

Report: Well Known Crypto Firms Still Not Adhering to Basic Governance Standards

Mayıs 18, 2023

EU Council Adopts New Rules for Europe’s Crypto Markets

Mayıs 18, 2023

BRICS to Strengthen Economic Cooperation — Sherpa Calls for Increased Trade in National Currencies

Mayıs 18, 2023

Subscribe to Updates

Get the latest creative news from SmartMag about art & design.

Facebook Twitter Pinterest

Type above and press Enter to search. Press Esc to cancel.