Discover and read the best of Twitter Threads about #silbert

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1/6 Digital Currency Group #DCG and its subsidiaries are facing liquidity issues stemming from the #FTX collapse. This has led Gemini to halt its Earn Program. But why? Let's find out. 👇

🧵A thread by @esatoshiclub
2/6 #Genesis, a crypto lending company and a subsidiary of #DCG, suspended redemptions and new loan originations on November 16 due to the market turmoil caused by #FTX.
3/6 This has led to Gemini, founded by Cameron Winklevoss, halting its Earn Program which relied on Genesis for lending services. Winklevoss has accused DCG founder Barry Silbert of “bad faith stall tactics” claiming that Genesis owes Gemini customers approximately $900 million.
Read 6 tweets
@CasPiancey @BennettTomlin just listened to #ftx podcast. The bit when you discussed the irony re: #coindesk & #digitalcurrencygroup reminded me of one of my favourite (and I believe most under rated in importance) is #coinapult
First a reminder....Bazza Silbert....#DCG was original known as #bitcoin opportunity fund.
Here's a #coindesk article from Oct 2014 covering an investment into #coinapult which included #bitcoinopportunitycorp aka #dcg aka #digitalcurrencygroup
Read 17 tweets

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