Barry Silbert

Roger Ver said that Genesis refused to clarify some points in its allegedly misreported financial statements.

The exchange has reportedly laid off around 10% of its employees.

Genesis Global Capital might file for bankruptcy as soon as this week if it fails to raise enough cash.

DCG has halted its quarterly dividends as it looks to reduce its operating expenses and conserve funds.

Profile of Barry Silbert, the millionaire owner of Digital Currency Group, the parent company of Crypto's recently insolvent lender Genesis.

Barry Silbert clarified details of its relations with bankrupt crypto hedge fund Three Arrows Capital (3AC) and Genesis Global Capital.

Winklevoss said that Silbert and DCG committed accounting fraud by lying that DCG had absorbed Genesis’ 3AC losses.

A DCG spokesperson said that the company is unaware of any active investigations related to its business activities.

Derar Islim said in a letter to its investors that the firm’s financial woes are “a very complex process.”

Winklevoss and Silbert publicly went at each other yesterday on Twitter. What was the cause of their sudden conflict?

Winklevoss claims that Digital Currency Group CEO Silbert has been engaging in “bad faith stall tactics”.