Why the Winklevoss brothers are in a $900 million crypto faceoff with Barry Silbert
Publishing timestamp: 2023-01-11 22:36:16
Summary
Barry Silbert and Cameron Winklevoss, two early believers in Bitcoin, are in a public feud over $900 million of Gemini client funds that are frozen inside DCG subsidiary Gensis. Gemini and Genesis are both facing layoffs and are negotiating in good faith to make their clients whole. Winklevoss is blaming Silbert for the situation and has asked for him to be replaced.
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Tickers: META, FTT.CM=, BTC.CM=,
Keywords: investment strategy, fintech, bitcoin/usd coin metrics, cryptocurrency, mark zuckerberg, cryptocurrency exchanges, cameron winklevoss, tyler winklevoss, business news, technology, meta platforms inc, sam bankman-fried, ftx token/usd coin metrics,