Winklevoss Slams DCG’s Silbert — Not Even SBF Was ‘capable Of Such Delusion’

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Founder and CEO of crypto exchange Gemini, Cameron Winklevoss, is again threatening to sue Digital Currency Group (DCG) and its CEO Barry Silbert over delays in resolving the issue of funds owed to Gemini by bankrupt lender Genesis, slamming the CEO for allegedly trying to play the victim card.

In the July 4 “Open Letter to Barry Silbert,” Winklevoss alleged the DCG enterprise had engaged in “fraudulent behavior” via a “culture of lies and deceit” — coming at the expense of Gemini’s 232,000 Earn users.

अपडेट अर्जित करें: एक खुला पत्र @ बैरीसिल्बर्ट pic.twitter.com/ErsYpcEjQD

- कैमरन विंकलेवोस (@cameron) जुलाई 4, 2023

Among the accusations in Winklevoss’ strongly-worded letter is that Silbert intentionally delayed resolution through “abuse” of the mediation process. The letter states:

“Mediation has given DCG an indefinite forbearance on the $630 million it owes Genesis — for free.“

विंकलेवोस के अनुसार, सबसे अधिक परेशान करने वाली बात सिलबर्ट का पराजय में "पीड़ित" होने का स्पष्ट दावा है।

“It takes a special kind of person to owe $3.3 billion dollars to hundreds of thousands of people and believe, or at least pretend to believe, that they are some kind of victim,” said Winklevoss, adding:

"सैम बैंकमैन-फ्राइड भी इस तरह के भ्रम में सक्षम नहीं था।"

DCG’s Genesis was the lender behind Gemini’s Earn program, which promised returns as high as 8% to depositors. However, on Nov. 16, 2022, Genesis announced it अस्थायी रूप से निलंबित निकासी, "अभूतपूर्व बाजार उथल-पुथल" का हवाला देते हुए।

Genesis later दिवालिएपन के लिए दायरा on Jan. 19, 2023, with Gemini seeking to recover its share of the billions owed by Genesis to creditors since.

हालाँकि, विंकलेवोस ने जिसे कई देरी के रूप में वर्णित किया है, उसके बाद ऐसा प्रतीत होता है कि उसके लिए बहुत कुछ हो चुका है।

"मैं आपको सूचित करने के लिए लिख रहा हूं कि आपके गेम खत्म हो गए हैं," विंकलेवोस ने कहा, यह समझाते हुए कि पेशेवर फीस अब क्रेडिट और अर्न उपयोगकर्ताओं की कीमत पर $ 100 मिलियन से अधिक हो गई है। "अब बहुत हो गया है।"

Winklevoss has given Silbert an ultimatum, accept his firm’s “best and final offer” by 4 pm Eastern Time on July 6 — or face a lawsuit on July 7.

Winklevoss slams DCG’s Silbert — Not even SBF was ‘capable of such delusion’ PlatoBlockchain Data Intelligence. Vertical Search. Ai. — *The final offer to DCG from Winklevoss. Source: Twitter*

The offer pitched calls on DCG to make a $275 million payment by July 21, an additional $355 million before July 21, 2025, and a final payment of $835 million by July 21, 2028 — five years from the “Plan Support Agreement” date proposed by Winklevoss.

The total payment will come to $1.47 billion.

संबंधित: जेमिनी, जेनेसिस ने अर्न प्रोडक्ट के खिलाफ SEC के मुकदमे को खारिज करने के लिए फाइल की

Winklevoss wants the payments to be made in the form of Bitcoin (BTC), Ether (ETH) and the United States dollar, with the funds sourced from Genesis Global Trading, potential payouts from FTX and Alameda Research’s bankruptcy estates, in addition to Avalanche (AVAX) and Near (NEAR) tokens that it may have a claim to from the Three Arrows Capital’s bankruptcy estate.

कॉइनटेग्राफ ने टिप्पणी के लिए डीसीजी से संपर्क किया लेकिन उसे तत्काल कोई प्रतिक्रिया नहीं मिली।

पत्रिका: अस्थिर सिक्के: डेपिंग, बैंक रन और अन्य जोखिम करघे