Opinion
Genesis CEO Barry Silbert should have come clean after FTX imploded. Instead, he’s still deflecting responsibility for his company’s bankruptcy.
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Barry Silbert News
Barry Silbert is the founder and CEO of Digital Currency Group, a venture capital firm that focuses on the cryptocurrency market and the blockchain technology industry. Barry Silbert started investing in Bitcoin startups in 2013 as a venture capitalist and provided funding for such companies as BitPay, Coinbase and Ripple. Barry is also the creator of Bitcoin Investment Trust, which is a private, open-ended trust, that enables investors to profit from the price jumps of Bitcoin without the having to worry about buying and storing Bitcoins. Prior to founding Digital Currency Group, Silbert established Secondmarket Holdings, Inc., and worked as its Chief Executive Officer. Barry is also famous for his publications about trading illiquid assets in such journals as The Wall Street Journal, Financial Times, Fortune and Forbes.
- News
Amid Genesis going through its first bankruptcy hearings, a group of creditors have slapped the firm with a new class action lawsuit.
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A special committee of independent directors recommended and decided to file for Chapter 11 bankruptcy protection.
4572 - Opinion
Genesis, a subsidiary of Barry Silbert's Digital Currency Group, filed for Chapter 11 bankruptcy on Jan. 19. Its default could have big implications for the crypto industry.
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DCG has reportedly received offers for CoinDesk exceeding $200 million in recent weeks, which at a purchase price of $500,000 would be a 39,900% return on its initial investment.
7056 - News
Digital Currency Group, a venture capital firm that owns a stake in more than 200 crypto projects, announced the dividend halt while one of its subsidiaries is in financial strife.
5018 - Newsletter
The public battle between Cameron Winklevoss and Digital Currency Group CEO Barry Silbert continues to rage.
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Barry Silbert’s letter to shareholders came just hours after Cameron Winklevoss wrote an open letter accusing him of defrauding customers.
5172 - Market Update
No fresh BTC price catalyst from the Fed as Chair Jerome Powell fails to mention inflation altogether.
12554 - News
Recursive trades between the Grayscale Bitcoin Trust and the Three Arrows Capital hedge fund allegedly inflated assets, according to an open letter from the Gemini co-founder.
13994 - Newsletter
The founder of FTX pleaded not guilty to all criminal charges related to the collapse of crypto exchange FTX.
4895 - Markets News
BTC volatility is at a record low, inflows to spot markets remain muted and this week’s economic calendar suggests that volatility is set to rock the crypto market.
7052 - Opinion
Grayscale is fighting the good fight on behalf of everyone in cryptocurrency.
33778 - Opinion
Regulators failed to regulate, and venture capital firms invested without conducting the proper due diligence.
18663 - News
The price of ZEC surged to $243.84 following Silbert’s announcement but has still fallen more than 20% since reaching a six-month high of more than $300 on Thursday.
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