News
Barry Silbert, CEO of Digital Currency Group once pitched creating a combined company with Gemini that could compete with the likes of Coinbase and FTX.
3249
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
The GBTC “mass exodus” may be showing signs of slowing, but that hasn’t stopped Bitcoin from falling to two-month lows on Jan. 23.
10091 - News
The CEO of Digital Currency Group, Barry Silbert, stated that the company has now satisfied all its obligations that are currently due.
6209 - News
Grayscale has “finally surrendered” to cash creations in its amended filing to convert GBTC into a spot Bitcoin ETF.
11658 - News
A filing from New York Attorney General Letitia James alleges that the cryptocurrency companies defrauded investors of over $1 billion.
2967 - News
Digital Currency Group is reportedly under investigation in New York for financial transactions involving its subsidiary, Genesis Global Capital.
6002 - Newsletter
This week’s Crypto Biz also explores Gemini’s fight with the Digital Currency Group over user funds, new banking tools for the digital yuan, and OpenAI’s efforts to stop users from jumping paywalls.
6362 - News
Gemini co-founder Cameron Winklevoss alleged Barry Silbert committed fraud by knowing Genesis was “massively insolvent” when attempting to continue the Earn program.
5404 - News
In an open letter, Cameron Winklevoss slammed DCG’s Barry Silbert for allegedly playing the victim card while owing $1.2 billion to Gemini’s 232,000 Earn customers.
7238 - News
The purported sales are the latest measures the embattled firm has taken following moves in recent months to raise capital and preserve liquidity.
7249 - Opinion
Genesis CEO Barry Silbert should have come clean after FTX imploded. Instead, he’s still deflecting responsibility for his company’s bankruptcy.
6936 - News
Amid Genesis going through its first bankruptcy hearings, a group of creditors have slapped the firm with a new class action lawsuit.
10723 - News
A special committee of independent directors recommended and decided to file for Chapter 11 bankruptcy protection.
6699 - 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.
10867 - News
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.
8314