Despite a deal to repay victims in full amid the 2024 bull market, Barry Silbert’s attempts to block payouts using legal tactics have plunged investors into uncertainty.
Barry Silbert’s background in finance and cryptocurrency, coupled with his involvement in the Genesis bankruptcy case, has sparked speculation and scrutiny.
Eric Asquith, a crypto investor, found himself thrust into the volatile world of cryptocurrencies when he realized he had lost his family’s savings of $1,052,000, following what he thought was a prudent investment strategy. Asquith had entrusted his funds to Gemini, a crypto exchange owned by Tyler and Cameron Winklevoss, which offered a savings-like account called Earn, promising attractive returns. Little did he know, his money had been redirected to Genesis, a crypto company owned by Barry Silbert, and subsequently used for high-risk investments.
The collapse of Genesis in January 2023 left Asquith and thousands of others in financial limbo, with their inv

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