Barry Silbert News

04.07 / 11:21

Gemini Winklevoss Twins genesis Cameron Winklevoss Proposes 'Final Offer' in Genesis Crypto Bankruptcy Case

Cameron Winklevoss, the billionaire co-founder of the Gemini crypto platform, has put forth his "best and final offer" in the bankruptcy restructuring of digital asset lender Genesis.

04.07 / 06:27

business defi regulation Gemini lending FTX Bankruptcy NOT Winklevoss slams DCG's Silbert — Not even SBF was 'capable of such delusion'

Crypto exchange Gemini founder and CEO Cameron Winklevoss is again threatening to sue Digital Currency Group and its CEO Barry Silbert over delays in the resolution of Genesis for its Earn customers while slamming the CEOfor allegedly trying to play the victim card.

10.06 / 06:41

Twitter Target Dash Binance Digital SEC coinbase lawsuits SEC Lawsuits Target Multiple Tokens: DCG Founder Points Out Absence of PoW Cryptos

In an unfolding legal battle against two major cryptocurrency exchanges, Coinbase and Binance, the United States Securities and Exchange Commission (SEC) has declared various tokens as securities. These tokens include SOL, ADA, MATIC, FIL, SAND, AXS, CHZ, FLOW, ICP, NEAR, VGX, DASH, and NEXO in the case against Coinbase. For Binance, the list features SOL, ADA, MATIC, FIL, ATOM, SAND, MANA, ALGO, AXS, and COTI.

06.06 / 19:51

FTX Digital Currency Group genesis Judge Rules Against FTX in Genesis Bankruptcy Mediation Case

FTX will not be allowed to join in the mediation between now-bankrupt crypto lender Genesis Global and its parent company, Barry Silbert’s crypto conglomerate Digital Currency Group (DCG), a judge has ruled.

06.06 / 17:38

markets Binance SEC Bitcoin Bitcoin Price sec lawsuit Maybe Bitcoin didn’t bottom? SEC lawsuit against Binance shakes BTC bulls’ confidence

Bitcoin’s price declined 5% in one hour on June 5 after the United States Securities and Exchange Commission (SEC) filed a lawsuit against Binance on allegations of violating federal securities laws. Even though the $25,500 support held for Bitcoin, investors are still digesting the potential impacts of the regulatory action, which also involves Binance CEO Changpeng “CZ” Zhao.

02.06 / 15:23

Twitter CFTC Europe Legal UK OpenAI network elon Today in Crypto: Elon Musk Accused of DOGE-Related Insider Trading, Xapo Integrates with the Single Euro Payments Area Network, US CFTC Mulls Rules Change to Include Crypto Risk

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

02.06 / 08:25

Law regulation Digital Currency Group DCG asks judge to consolidate class-action suits to avoid conflicting decisions

Venture capital firm the Digital Currency Group (DCG) and its CEO Barry Silbert have requested to consolidate two class-action lawsuits over alleged losses during the crypto winter.

29.05 / 15:19

Gemini genesis US court sec lawsuit Crypto lender Genesis Winklevoss Twins’ Exchange Gemini and Crypto Lender Genesis Ask US Court To Dismiss SEC Lawsuit

Cryptocurrency exchange Gemini and bankruptcy crypto lending platform Genesis are firing back after being sued by the US Securities and Exchange Commission earlier this year.

26.05 / 15:29

business Blockchain Technology Investments Digital Currency Group Digital Currency Group to shutter institutional trading unit TradeBlock

Venture capital conglomerate Digital Currency Group (DCG) is closing its prime brokerage subsidiary TradeBlock, citing the state of the broader economy and an uncertain regulatory environment for crypto in the United States.

26.05 / 01:13

Bankruptcy genesis DCG DCG’s Subsidiary TradeBlock Is Shutting Its Doors: Bloomberg News

TradeBlock, an institutional investor focused subsidiary of Barry Silbert’s crypto conglomerate Digital Currency Group, is closing down, according to Bloomberg News.

15.05 / 20:29

Digital Altcoins CEO coinbase Investment Sam OpenAI CEO Sam Altman on Verge of Securing $100 Million for Worldcoin Crypto Project

Tech entrepreneur Sam Altman’s crypto project Worldcoin is reportedly on the verge of securing $100 million worth of investments from “existing and new investors.”

10.05 / 21:47

business Court Digital Currency Group Loans Bankruptcy settlement DCG settlement with Genesis still undecided as 30-day mediation period proceeds

Digital Currency Group (DCG), the parent company of crypto firm Genesis Capital, has reported no solution to its “outstanding intercompany obligations” that could help reimburse creditors.

03.05 / 13:29

UPS Digital Gemini Digital Currency Group Bitcoin Digital Currency Group's Q1 2023 Revenue Jumps, CFO Michael Kraines Resigns – Here's the Latest

Barry Silbert’s crypto conglomerate Digital Currency Group (DCG) saw its revenue rise 63% in the first quarter compared to the prior quarter, but it was still down on a year-over-year basis.

07.03 / 01:11

business Grayscale FTX Alameda Research files suit against Grayscale over ‘self-imposed redemption ban’

Alameda Research has filed suit against Grayscale Investments in the Court of Chancery in the State of Delaware, it announced March 6. It also made claims against Grayscale CEO Michael Sonnenshein, Grayscale owner Digital Currency Group (DCG) and the group’s CEO Barry Silbert.

06.03 / 23:51

Ethereum Digital CEO Bitcoin FTX debtors FTX Debtors file lawsuit against Grayscale and Digital Currency Group

The FTX saga continues to hit the crypto headlines. In its latest, the FTX Debtors have announced a lawsuit against Grayscale Investments, a popular crypto asset management firm. The lawsuit also extends to its CEO – Michael Sonnenshein, its parent company – Digital Currency Group (DCG), and its founder – Barry Silbert. Moreover, the lawsuit is filed by FTX debtor affiliate – Alameda Research – the infamous FTX investment arm.

13.02 / 19:44

COST UPS Digital Action Fallout Gemini dividend Digital Currency Group Halts Dividend Amid Genesis Crisis

Cryptocurrency conglomerate Digital Currency Group (DCG) said it halted dividend payments, telling shareholders that it's focused on strengthening its balance sheet by cutting costs as it copes with fallout from the FTX meltdown that was itself triggered by reporting by one of its own units.

13.02 / 19:26

UPS Digital CEO Assurant Fallout Gemini Gemini's Winklevoss Claims Fraud, Calls for Removal of DCG Chief

Cameron Winklevoss, the co-founder of crypto exchange Gemini, launched an attack on Genesis, a crypto lender, saying the lender defrauded his company and more than 340,000 clients.

13.02 / 19:25

COST Binance Digital CEO Gemini Coindesk Crypto lender Genesis Crypto Lender Genesis Slashes 30% of Staff, Considers Bankruptcy

Cryptocurrency lender Genesis Global Trading Inc. laid off 30% of its workforce in a second round of layoffs in six months, and is considering bankruptcy as the FTX contagion continues to spread.

13.02 / 18:22

Provident Binance Digital CEO Platform Gemini Coindesk CoinDesk Explores Sale as DCG Crisis Worsens

Cryptocurrency news provider CoinDesk, which broke the news that led to the collapse of FTX, hired financial advisory firm Lazard to explore a potential sale as its parent, Digital Currency Group, faces financial strain from the collapse of the cryptocurrency platform.

08.02 / 09:57

business Ethereum Cardano Polygon Grayscale Bankruptcy Bitcoin DCG offloads Grayscale shares to raise capital: Report

Cryptocurrency conglomerate Digital Currency Group (DCG) has reportedly begun to sell its holdings in crypto funds managed by its subsidiary Grayscale Investments as it looks to raise capital and preserve liquidity.

07.02 / 17:31

Gemini Digital Currency Group Digital Currency Group Announces Major Shake-Up: Genesis Trading and Lending Arms to be Sold

The troubled crypto firm Genesis has reached an agreement with key creditors that would involve a sale of the crypto lending and trading arm of the company.

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