Cameron Winklevoss calls for immediate removal of Barry Silbert as DCG CEO Christian Nwobodo · 2 hours ago · 1 min read
Barry Silbert allegedly lied to Gemini and over 340,000 users that DCG had injected about $1.2 billion to support Genesis after the 3AC collapse.
Cover art/illustration via CryptoSlate
Gemini co-founder Cameron Winklevoss has called on shareholders of Digital Currency Group (DCG) to remove Barry Silbert as CEO for allegedly defrauding Gemini earn users.
Cameron in an open letter tweeted on Jan 10, alleged that Genesis Global and its parent company DCG under the leadership of Barry Silbert conspired to defraud about 340,000 Gemini earn users.
Genesis reportedly incurred a $1.2 billion loss from the 3AC collapse. However, Barry, DCG, and Genesis allegedly lied to Gemini and its users that DCG had injected about $1.2 billion to support Genesis to continue its operation.
In light of the public lie made to Gemini and its users, Cameron has called on the DCG board of directors to proceed with the immediate removal of Barry Silbert.