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Digital Currency Group CEO Barry Silbert Responds to Accusations by Gemini’s Cameron Winklevoss With Shareholders Letter
11.1.2023
Barry Silbert, CEO of Digital Currency Group (DCG), has released a letter to shareholders in response to a recent open letter from Gemini CEO Cameron Winklevoss. The letter, issued Tuesday by Winklevoss, calls for the DCG board to force Silbert to step down as CEO. Silbert shared his letter...
Letter From US Senators 'Inappropriate,' Won’t Sway Me, FTX Bankruptcy Judge Says
11.1.2023
Judge John Dorsey didn't seem impressed by the bipartisan communication from Elizabeth Warren, Cynthia Lummis and two other senators
DCG chief Barry Silbert pens letter to shareholders, community reacts
11.1.2023
Barry Silbert’s letter to shareholders came just hours after Cameron Winklevoss wrote an open letter to him accusing him of defrauding customers
DCG's Barry Silbert Talks About Genesis in Letter to Shareholders
10.1.2023
Gemini Co-Founder Accuses Digital Currency Group of Misrepresentation, Demands CEO Resignation
10.1.2023
Gemini CEO Cameron Winklevoss has published another open letter on Twitter, addressed to the board members of Digital Currency Group (DCG). In the letter, Winklevoss accuses DCG and CEO Barry Silbert of making poor decisions with the now-defunct crypto hedge fund Three Arrows Capital (3AC),...
Report: Federal Prosecutors in New York Probe Digital Currency Group and Subsidiary Genesis
7.1.2023
Following accusations from Gemini co-founder Cameron Winklevoss in an open letter to Digital Currency Group CEO Barry Silbert, a report citing “people familiar with the matter” states that federal prosecutors from New York are scrutinizing transfers between Digital Currency Group...
Square Enix to Deepen Its Blockchain Efforts in 2023
4.1.2023
Square Enix, the Japanese gaming giant, is preparing to announce more blockchain-based titles in 2023. As part of a now traditional new year’s letter issued by Yosuke Matsuda, CEO of the company, the executive announced some of the moves Square Enix will make regarding blockchain tech,...
Gemini’s Cameron Winklevoss Insists Digital Currency Group Needs to Resolve Liquidity Issues in Open Letter to CEO Barry Silbert
3.1.2023
Cameron Winklevoss, co-founder of the cryptocurrency exchange Gemini, published an open letter to Digital Currency Group (DCG) CEO Barry Silbert on Jan. 2, 2022, stating that it had been 47 days since withdrawals from Genesis had been halted. In the letter, Winklevoss claimed that DCG owes $1.675...
Cameron Winklevoss pens open letter to Barry Silbert about Gemini’s blocked funds
2.1.2023
Both sides are facing financial headwinds, and Gemini was sued last week over money locked in its Earn program
Court Documents Say FTX Boss Ryan Salame Snitched on SBF 2 Days Before the Bankruptcy Filing
15.12.2022
According to court documents associated with the FTX bankruptcy proceedings, on Nov. 9 — two days before the company filed for Chapter 11 bankruptcy protection — FTX co-CEO Ryan Salame told Bahamian authorities that Sam Bankman-Fried (SBF) sent customer funds to the firm Alameda Research. A letter...
SEC calls on firms to disclose exposure to crypto bankruptcies and risks
9.12.2022
The Securities and Exchange Commission corporate finance division reminded companies of what they are required to disclose and provided guidance to what else they want to know
Crypto lender Genesis has no solution yet for withdrawal halts
8.12.2022
Genesis said it will take additional weeks to carve out a recovery path for its lending business
Genesis Client Letter Suggests No Imminent Solution to Withdrawal Freeze
7.12.2022
The institutional crypto brokerage has been in talks with creditors and potential investors since the collapse of exchange FTX
Crypto Bank Silvergate Slides Further After Letter from US Sen. Warren
6.12.2022
Senator Elizabeth Warren (D-Mass) and two GOP senators have asked crypto-friendly bank Silvergate (SI) for answers over its supposed role in facilitating transfers between bankrupt exchange FTX and its sister firm Alameda Research, NBC reported Tuesday
Silvergate CEO Attempts to Address Concerns in Public Letter
5.12.2022
Shares of the crypto-focused bank have been reeling in part due to links with failed crypto exchange FTX and sister company Alameda Research
US Trustee Plans to Appoint an Examiner to FTX Case, While SBF Describes Strange Margin Trading Practices
2.12.2022
On Dec. 1, 2022, an attorney for the U.S. Trustee submitted a written letter to Delaware bankruptcy court officials that seeks to establish an independent examiner to investigate the FTX Chapter 11 bankruptcy proceedings. The U.S. Trustee explained in the letter that FTX’s collapse...
Sam Bankman-Fried is 'deeply sorry' for collapse in letter to FTX team
23.11.2022
The former CEO described his role in the exchange's downfall as a failure in oversight, saying he should have been "more skeptical of large margin positions."
Coinbase CEO Says Company Holds 2 Million Bitcoin, Reminds People Firm’s ‘Financials Are Public’
22.11.2022
According to Coinbase CEO Brian Armstrong, as of Sept. 30, 2022, the company holds 2 million bitcoin worth $39.9 billion. The news Armstrong shared comes at a time when the general public is looking directly at exchange balances following FTX’s turbulent collapse. Coinbase Co-Founder Shares...
Bankman-Fried Apologizes to FTX Employees, Details Amount of Leverage in Internal Letter
22.11.2022
Former FTX CEO Bankman-Fried did not address concerns about customer funds being misappropriated or other recent revelations about the company
FTX leadership pressed for information by US subcommittee chairman
19.11.2022
A letter by the chair of the Subcommittee on Economic and Consumer Policy demanded the former and current FTX CEOs turn over details of the exchange’s past and current financials