下一个SBF:DCG CEO Barry Silbert
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Cameron alleges DCG used a promissory note as a stall tactic instead of a concrete plan to reimburse creditors.
The deal includes DCG absorbing payouts exceeding $300 million and contributing $100 million to the Genesis bankruptcy estate.
One of DCG's institutional services is closing by the end of May due to a tough crypto market and regulatory landscape.
Sun did not specify the assets he would be willing to buy.
DCG CEO Barry Silbert has finally broken his silence after a series of serious accusations from Gemini founder Cameron Winklevoss.
Silbert said that "this past year has been the most difficult of my life – both personally and professionally.
Digital Currency Group (DCG) confirmed Thursday that it is shuttering HQ, its wealth management division.
Silbert responded, saying his firm submitted a proposal to Genesis and Gemini’s advisers last Thursday.
Genesis and its parent company, Digital Currency Group (DCG), are under pressure, and there are growing concerns about their potential default.