The exchange said it would “operate with the utmost urgency” to return users over $900 million stuck with 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?
Su Zhu sees a fraudulent conveyance case in FTX and DCG while on the run from liquidators.
Winklevoss claims that Digital Currency Group CEO Silbert has been engaging in “bad faith stall tactics”.
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