Letter from Gemini Founder to Bitcoin Investor Barry Silbert! “Pay Your Debt!”

Cryptocurrency stock market Geminifounder of Cameron Winklevosswrote a letter to DCG founder Barry Silbert.

As of today of Genesis Indicating that 47 days have passed since he stopped withdrawals, Cameron Winklevoss said that Genesis engaged in distraction tactics in bad faith.

Stating that he wrote this letter on behalf of more than 340,000 Earn users seeking answers about the situation of Genesis, Cameron Winklevoss wrote that these users are not just numbers, but there are also those who deposited their child’s education money.

Continuing his statements, he asked the 900 million dollars he owed from Gemini founder Barry Silbert with the following words:

“Over the past six weeks, we have done everything we can to engage you in good faith and collaboratively to reach a compromise-based decision to repay the $900 million you owe while helping you protect your business.

We appreciate that any restructuring has initial costs and sometimes things don’t go as fast as we all would like. However, it is now clear that you are employing malicious distraction tactics.

The idea that you can hide quietly with your ideas in your head and it will all magically disappear or that it’s someone else’s problem is purely fictional.
To be clear, this mess is entirely your own creation.

The Digital Currency Group (DCG), of which you are the founder and CEO, owes Genesis (wholly owned subsidiary) $1.675 billion. This is money Genesis owes Earn users and other creditors.

Now is the time to take responsibility for it and do the right thing.”

Winklevoss stated that it was not a loss for them that Genesis went through bankruptcy restructuring and they were desperately working to protect DCG from the problems you had at Genesis. “You have to give up this fiction because we all know what you know” said.

Stating that Earn users are tired now, Winklevoss said that many of them are in a difficult situation.

Finally to Barry Silbert 8 January 2023′Winklevoss, who stated that they gave until

“Users have been extremely patient and supportive despite everything they’ve had to endure. But there is so much more they can take.

They deserve a solution to get back the assets they lent you and put an end to this nightmare.

To that end, and for the last time, we ask you to publicly commit to working together to resolve this issue by January 8, 2023. We are ready and willing to work with you, but time is running out.”

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