1/ Today, @Gemini filed a lawsuit against @DCGco and @BarrySilbert personally in New York court. Barry was not only the architect and mastermind of the DCG and Genesis fraud against creditors, he was directly and personally involved in perpetrating it. 2/ The complaint tells the whole story, but let's start here: when Gemini notified Genesis it would be terminating the Earn program in October 2022, Barry reached out to set up a meeting to induce Gemini to continue Earn. He did this knowing Genesis was massively insolvent.

1/ Today, @Gemini reached an agreement in principle with Genesis Global Capital, LLC (Genesis), @DCGco, and other creditors on a plan that provides a path for Earn users to recover their assets. This agreement was announced in Bankruptcy Court today. 2/ This plan is a critical step forward towards a substantial recovery of assets for all Genesis creditors.

1/ Earn Update: This evening, Genesis Global Capital, LLC (Genesis) filed for bankruptcy under Chapter 11. This is a crucial step towards us being able to recover your assets. 2/ While we have been working around the clock to negotiate an acceptable solution, @BarrySilbert and @DCGco — the parent company of Genesis – continue to refuse to offer creditors a fair deal.

1/ @POTUS’s executive order on crypto is a watershed moment. It paves the way for thoughtful national crypto regulation that will allow builders to build onshore and ensure that the US remains a leader in crypto — creating greater independence, choice, and opportunity for all. 2/ @Gemini gives thanks to the @WhiteHouse, @USTreasury, and all those involved in recognizing the importance of a coordinated and thoughtful national strategy on crypto. Creating a framework for responsible crypto innovation is foundational to the US being a leader in crypto.

1/ .@tyler and I founded @Gemini 6 yrs ago with the mission to empower individuals through crypto and the belief that the most vibrant markets in the world are thoughtfully regulated. 2/ We grew up in the Wild West days of #Bitcoin — nearly a decade ago — and saw first-hand the good, the bad, and sometimes the ugly of a fledgling technology movement trying to find its footing.

Dear @instagram — there are a number of of profiles pretending to be me and actively trying to scam people out of crypto. I regularly report these, but this strategy isn't really scalable and many of them still persist...a few thoughts on how to solve this: 1/ These fake profiles use my exact name and bio (or some minor variation thereof). Text analysis could programmatically identify matches (or near matches) and throw a flag.