Cameron Winklevoss from Gemini calls for the discontinuation of DCG CEO Barry Silbert

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Cameron Winklevoss, co-founder of Gemini, asked the board of the Digital Currency Group (DCG) to release CEO Barry Silbert

According to Winklevoss, the CEO of the DCG has given false and misleading information on the financial status of the crypto broker company Genesis.

  • in a (n open letter on Tuesday (January 10, 2022) In the name of 340,000 Gemini Earn creditors, Cameron Winklevoss said that Barry Silbert claimed the loss of 1.2 mrd.
  • The Gemini manager said that DCG had not added any funds to compensate for the funds lost to 3ac, but instead "a 10-year note with genesis at an interest rate of 1 %-due in 2023".
  • As already reported by cryptoc potato, The loan from Genesis, Genesis Global Capital, Style = "font-Weight: 400;"> Payouts frozen in November after the collapse of FTX.
  • The campaign concerned Gemini, since Genesis Global Capital is a borrower in the former Earn program.
  • While both Gemini and Genesis have worked on find a solution owes Gemini customers around $ 900 million.
  • Part of the letter from Cameron Winklevoss was:

"He has proven to lead to DCG, and is not unable to find a solution with the creditors that is both fair and appropriate. As a result, Gemini applies in the name of 340,000 Earn users that the Board of Board is at an immediate effect as a CEO CEO uses that will correct the error that occurred under Barry's supervision. ”

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