Did Barry Silbert safeguard his personal funds at the expense of DCG?
DataFinnovation accuses Barry Silbert of DCG of pulling out his personal money ahead of other creditors amid the collapse of 3AC.
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DataFinnovation accuses Barry Silbert of DCG of pulling out his personal money ahead of other creditors amid the collapse of 3AC.
Read more (3 min) →Luno says the move is part of a “regular evaluation” of its global strategy and has advised users to withdraw tokens and funds by June 19.
According to CEO Barry Silbert, DCG's problems are due to a wave of "unprecedented fraud and criminal behavior” in the crypto industry.
If Genesis fails, $350 million of the $600 million owed to Todd Boehly's Eldridge would become due, according to the terms of the loan.