Bitcoin Exchange Gemini Calls Barry Silbert to Resign!

Cryptocurrency stock market Cameron Winklevoss, founder of Gemini with DCG CEO Barry Silbert the waters between them do not stop.

Last week, Cameron Winklevoss wrote in a letter to Barry Silbert, stating that it has been 47 days since Genesis stopped withdrawals and that Genesis owes Gemini $900 million for the funds given to the Earn program, and that he has until January 8th.

In a letter to Barry Silbert again today, Gemini founder DCG CEO Barry Silbert called for his resignation.

Noting that Gemini and more than 340,000 Gains users have written to report that their parent company Digital Currency Group (DCG), along with its founder and CEO Barry Silbert, has been scammed by Genesis Global Capital(Genesis), Winklevoss wrote Silbert in his latest letter. repeatedly misrepresented the financial situation of Gemini, both to the public and to Gemini employees.

Genesis’ dirty games in June 2022 cryptocurrency Stating that it emerged with the bankruptcy of the hedge fund 3AC, Gemini founder said:

“The bankruptcy of 3AC exposed Genesis’ dirty tricks and exposed the poisonous fruits of Genesis’ radioactive trade.

Barry refused to take responsibility, instead of taking steps to fix this self-created problem and despite having earned more than a billion dollars in fees at the expense of Genesis lenders. Instead, he resorted to fraud to protect his ill-gotten gains.

For all the reasons I’ve explained in this context, there is no way forward, no solution, as long as Barry Silbert remains DCG’s CEO.

As a result, Gemini, acting on behalf of 340,000 Earn users, is demanding that the Board dismiss Barry Silbert as CEO and appoint a new CEO to correct the wrongs that have occurred under Barry’s oversight. “

Finally, Winklevoss said that Genesis lenders, including Earn users, have been seriously harmed and deserve a solution to get their assets back.With the new management at DCG, I am confident we can all work together to reach a positive, out-of-court solution that will deliver a win-win outcome for everyone, including DCG shareholders.” said.

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