Fraud, crime, and the Winklevii force DCG to freeze dividend payouts
According to CEO Barry Silbert, DCG’s problems are due to a wave of “unprecedented fraud and criminal behavior” in the crypto industry.
According to CEO Barry Silbert, DCG’s problems are due to a wave of “unprecedented fraud and criminal behavior” in the crypto industry.
Billionaire Cameron Winklevoss has written a letter to Barry Silbert of Genesis, escalating a dispute over hundreds of millions of dollars.
Genesis was one of the industry’s most liquid and reputable OTC dealers but it’s now struggling and just cut a fifth of its workforce.