Genesis LOC Files New Lawsuits Against DCG and Barry Silbert to Recover Billions
The Genesis Litigation Oversight Committee (LOC) has launched a new round of legal action targeting Digital Currency Group (DCG), its CEO Barry Silbert, and associated executives. The suits, filed in two separate jurisdictions, aim to reclaim billions of dollars allegedly misappropriated from the crypto lending firm Genesis before it filed for bankruptcy in early 2023. […]
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See the announcement here. Barry Silbert sends out a teaser tweet. Founder and CEO of SecondMarket Barry Silbert, took to Twitter on Wednesday evening to tease his followers. Barry Silbert tweeted that he will be sharing some interesting news about the Bitcoin Investment Trust, the next day. Excited to share some @BitcoinTrust news tomorrow... The Bitcoin Investment Trust has received a great deal of interest since its announcement in September of last year, allowing accredited and institutional investors to be exposed to the bitcoin realm sans having to deal with buying, storing, and....
Inside Bitcoins New York will host Barry Silbert as a speaker on Day 3 of the event in a moderated “Fireside Chat”. Barry Silbert will discuss bitcoin investing, and the latest trends, changes, technologies, and companies currently shaping bitcoin. Barry Silbert has been a key leader in the rising bitcoin industry, even being selected in Fortune’s “40 under 40” in 2011, and this year has been named Entrepreneur of the Year by Ernst & Young and Crain’s. He is most respected for his founding of the Digital Currency Group, SecondMarket, and the Bitcoin Investment Trust (BIT)- the world’s....
Wall Street is increasingly expressing an enthusiasm for applications of bitcoin and blockchain technology, but according to venture capitalist Barry Silbert, the attention of the traditional financial community has so far fallen on its more problematic implementations. Most of his investments, Silbert explained, have been on what he considers the two most prominent of its three use cases: as a store of value and a payments rail.
Huffington Post journalist David Seaman, who we interviewed last month, has a bone to pick with the Digital Currency Group’s Barry Silbert. The article in question written by Seaman claims Silbert is behind the Ethereum Classic chain pump, and the whole ETC project is a blatant scam in his opinion. David Seaman Slams Barry Silbert’s ETC ‘Pump’. The very....
Barry Silbert, Founder and CEO of the Digital Currency Group, the parent company of Grayscale Investments and Genesis Trading, has caused outrage in the Ethereum community following the launch of a new product, Ethereum (ETC) Investment Trust, abbreviated to EIT, comparable to the Bitcoin Investment Trust (BIT). The new unregulated product uses the twitter handle of EthereumTrust, clearly implying that their service relates to Ethereum, rather than EthereumClassic. A description that is considered by many to be somewhat deceptive with some describing it as outright fraudulent. Barry....