filing for bankruptcy Genesiscreditor of cryptocurrency stock market Gemini co-founder Cameron Winklevossthreatened to sue Digital Currency Group (DCG) and its CEO, Barry Silbert.
Cameron Winklevoss, who shared on Twitter after the news that Genesis had filed for bankruptcy, said, DCG and Barry SilbertHe said that if Gemini’s Earn didn’t make a fair offer to their customers, they would immediately file lawsuits against DCG and Sibert.
“Today, Genesis filed for bankruptcy under Chapter 11. This is a very important step so that we can get your assets back.
While working day and night to negotiate an acceptable settlement, Genesis’ parent company DCG and CEO Barry Silbert continue to refuse to offer creditors a fair settlement.
With bankruptcy, the good news is that by seeking bankruptcy court protection, Genesis will be subject to judicial review and will have to uncover the intrigues that have brought us to this point.
Most importantly, Genesis’ bankruptcy decision will not save Barry, DCG and other criminals from accountability.
We prepare to take legal action directly against Barry, DCG, and others who share responsibility for the scam that has harmed more than 340,000 Earn users deceived by Genesis and their accomplices.
Unless Barry and DCG come to their senses and make a fair offer to the creditors, we will soon be suing Barry and DCG.
6/ Unless Barry and DCG come to their senses and make a fair offer to creditors, we will be filing a lawsuit against Barry and DCG imminently.
— Cameron Winklevoss (@cameron) January 20, 2023
This affair between Gemini and Genesis and Barry Silbert dates back weeks. As it will be remembered, Gemini co-founder had previously accused Genesis and Barry Silbert of fraud and asked him to pay his debt.
Upon non-payment of this debt, he appealed to DCG and its management and demanded that Barry Silbert be removed from his position.
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