Gemini’s Winklevoss Accuses DCG CEO Silbert of Fraud, Demands His ‘Immediate’ Removal

Gemini’s Winklevoss Accuses DCG CEO Silbert of Fraud, Demands His ‘Immediate’ Removal

Gemini co-founder Cameron Winklevoss has published another open letter on Twitter, this time addressing the DCG board.
He asked the board to “immediately” remove DCG founder and CEO Barry Silbert from the company because he committed accounting fraud.
Winklevoss said that Silbert and DCG falsely claimed that DCG had absorbed Genesis’ losses linked to the implosion of Three Arrows Capital (3AC).
Winklevoss claimed that DCG’s 10-year $1.2 billion promissory note with Genesis was labeled as “Current Assets,” though it couldn’t be converted into cash.
Winklevoss also provided details on why Genesis was able to lend $2.36 billion to 3AC.

Crypto exchange Gemini co-founder Cameron Winklevoss has released another open letter, this time to the board of Digital Currency Group (DCG).
In the letter, published on Twitter on Tuesday morning, Winklevoss said that Genesis, DCG, and its founder and CEO Barry Silbert defrauded Gemini and its 340,000 Earn program users by making

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