Winklevoss sbatte Silbert di DCG – Nemmeno SBF era “capace di tale illusione”

Winklevoss sbatte Silbert di DCG – Nemmeno SBF era “capace di tale illusione”

Timestamp: 4 luglio 2023 1:07

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.

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.“

La cosa più inquietante, secondo Winklevoss, è stata l'apparente affermazione di Silbert di essere la "vittima" della debacle.

“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: 

"Nemmeno Sam Bankman-Fried era capace di una simile delusione."

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 prelievi temporaneamente sospesi, citando "turbolenze di mercato senza precedenti". 

Genesi più tardi presentato istanza di fallimento on Jan. 19, 2023, with Gemini seeking to recover its share of the billions owed by Genesis to creditors since.

Tuttavia, dopo quelli che Winklevoss ha descritto come molteplici ritardi, sembra averne avuto abbastanza.

"Scrivo per informarti che i tuoi giochi sono finiti", ha detto Winklevoss, spiegando che le tariffe professionali sono ora "aumentate" a oltre $ 100 milioni a scapito dei crediti e guadagna utenti. "Quando è troppo è troppo."

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.

Il pagamento totale arriverà a 1.47 miliardi di dollari.

Correlato: Gemini, Genesis file per archiviare la causa SEC contro il prodotto Earn

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.

Cointelegraph ha contattato DCG per un commento ma non ha ricevuto una risposta immediata.

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