Barry Silbert

Posted by | January 7, 2024
Digital Currency Group Has Paid Off $1,000,000,000 in Short-Term Debt, Says CEO Barry Silbert

Digital Currency Group (DCG) CEO Barry Silbert says the venture capital firm has settled over $1 billion in debt, including the nearly $700 million owed to its bankrupt subsidiary Genesis. ...

Continue Reading
Posted by | January 7, 2024
Digital Currency Group (DCG) Completes $700 Loan Repayment To Genesis Exchange

Venture capital firm Digital Currency Group (DCG) has completed a $700 million payment to its subsidiary company Genesis Global Capital (GGC) as a settlement of its short-term loans from the...

Continue Reading
Posted by | November 13, 2023
Genesis Reaches $1 Billion Settlement With Bankrupt Hedge Fund 3AC

In a recent development, bankrupt crypto lender Genesis has settled with defunct crypto hedge fund Three Arrows Capital (3AC), ending a months-long legal battle .  According to court documents ,...

Continue Reading
gemini,-genesis-and-dcg-lied-to-investors-and-tried-to-hide-$1,000,000,000-in-crypto-losses,-alleges-new-york-ag
Posted by | October 19, 2023
Gemini, Genesis and DCG Lied to Investors and Tried to Hide $1,000,000,000 in Crypto Losses, Alleges New York AG

New York State Attorney General (AG) Letitia James is suing three large crypto firms for allegedly defrauding over 230,000 Americans. In a new press release, AG Letitia James says that...

Continue Reading
cameron-winklevoss-says-gemini-will-sue-digital-currency-group-and-barry-silbert-as-genesis-files-for-bankruptcy
Posted by | January 20, 2023
Cameron Winklevoss Says Gemini Will Sue Digital Currency Group and Barry Silbert As Genesis Files for Bankruptcy

The co-founder of US-based exchange giant Gemini is announcing his exchange will sue the parent company of bankrupt crypto lender Genesis. Yesterday, Genesis Global Capital, LLC filed for Chapter 11 bankruptcy after...

Continue Reading
cameron-winklevoss-tells-digital-currency-group-to-fire-barry-silbert,-says-fraud-committed-against-gemini-users
Posted by | January 10, 2023
Cameron Winklevoss Tells Digital Currency Group To Fire Barry Silbert, Says Fraud Committed Against Gemini Users

The founder of one of the biggest crypto exchanges in the world is urging Digital Currency Group (DCG) to fire its CEO Barry Silbert over issues surrounding Genesis. Last week,...

Continue Reading
you-have-one-week-to-return-gemini-funds,-winklevoss-tells-dcg-boss
Posted by | January 4, 2023
You Have One Week To Return Gemini Funds, Winklevoss Tells DCG Boss

The debacle between the Gemini exchange and crypto lender Genesis, and by extension, Digital Currency Group (DCG), has grown heated over the last couple of weeks. Now, with Gemini customers...

Continue Reading
crypto’s-wealthiest-titans-collectively-lost-$116,000,000,000-in-less-than-a-year:-report
Posted by | December 26, 2022
Crypto’s Wealthiest Titans Collectively Lost $116,000,000,000 in Less Than a Year: Report

The crypto industry’s richest moguls are reportedly seeing their personal net worth take a deep nosedive this year as they endure the crypto bear market. A Forbes report reveals that...

Continue Reading
zec-price-jumps-20%-in-one-day-as-zcash-devs-unveil-transition-to-proof-of-stake
Posted by | November 20, 2021
ZEC price jumps 20% in one day as Zcash devs unveil transition to Proof-of-Stake

Zcash (ZEC) surged by nearly 20% in the past 24 hours, helped by the euphoria surrounding its core protocol's decisive transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS).The ZEC price logged...

Continue Reading