Barry Silbert

Editor’s note: the story has been updated with a comment from DCG. Genesis's Litigation Oversight Committee (LOC) has filed two lawsuits against Digital Currency Group (DCG), its CEO Barry Silbert, and a group of insiders, alleging systematic fraud, breach of fiduciary duty and insider...

Digital Currency Group (DCG), a prominent player in the cryptocurrency industry, on Friday agreed to settle with the U.S. Securities and Exchange Commission (SEC) for misleading investors. What Happened: DCG, founded by Barry Silbert, and its former executive, Soichiro “Michael...

Cryptocurrency conglomerate Digital Currency Group (DCG) is making a big splash in the realm of decentralized artificial intelligence (AI), with a keen focus on the Bittensor (CRYPTO: TAO) ecosystem. What happened: Barry Silbert, the head of DCG and an early champion of cryptocurrencies, will...

After Grayscale's chairman exited the company Tuesday ahead of a possible Bitcoin ETF approval, one expert sees the move as giving greater autonomy to the firm.  What Happened: After Grayscale Bitcoin Trust (OTCMKTS: GBTC) Chairman Barry Silbert resigned, Lumida Wealth...

Grayscale announced the resignation of its chairman and board member.   What Happened: In an official SEC filing, Grayscale Bitcoin Trust (OTCMKTS: GBTC) confirmed that chair Barry E. Silbert and board member Mark Murphy will resign, effective Jan. 1, 2024. The company has appointed CFO Mark...

Bullish, a cryptocurrency exchange led by former NYSE President Tom Farley, announced the purchase of 100% of CoinDesk Monday from Digital Currency Group in an all-cash deal. What Happened: Post-acquisition, the crypto-focused media company will operate as an independent...

Several months before Genesis Global Holdco LLC halted deposits and eventually declared bankruptcy, cryptocurrency exchange Gemini Trust Co. reportedly withdrew a significant sum from the lender. This move was part of an initiative by Gemini, owned by the Winklevoss twins, Tyler and Cameron, to...

Cryptocurrency exchange Gemini has initiated legal proceedings against Digital Currency Group (DCG) and its CEO, Barry Silbert, accusing them of misleading creditors. Gemini, in a court document submitted on July 7 in New York, accused DCG and Silbert of partaking in a plot that involved loaning...

Cameron Winklevoss, the co-founder of the popular crypto exchange Gemini on Monday made a “final offer” to resolve the ongoing debt-restructuring talks concerning Genesis, a bankrupt digital-asset firm.  What Happened: Winklevoss took to Twitter to share his proposed plan, which...

Cryptocurrency exchange Gemini, on Sunday, said that it will enter a mediation period with Genesis, a struggling crypto firm owned by Barry Silbert.  What Happened: The mediation process also involves Digital Currency Group, or DCG, Unsecured Creditors Committee and an ad-hoc Creditor Committee led...

Crypto company Digital Currency Group (DCG) is selling stakes in some of its investment funds at a steep discount to raise capital, as it tries to pay back creditors of its bankrupt lending unit Genesis, Financial Times reported, citing U.S. securities filings. The sale of the shares in several of...

Cameron Winklevoss, the co-founder of Gemini, said on Twitter that the company has entered into an "agreement in principle" with Barry Silbert's Genesis Global Capital on Monday. What Happened: Investors were at risk of losing hundreds of millions of dollars in Genesis’...

The lending unit of crypto firm Genesis filed for U.S. bankruptcy protection from creditors on Thursday, following the dramatic market downturn that has affected other crypto giants such as FTX (CRYPTO: FTT) and BlockFi.  What Happened: Genesis' lending unit...

Digital Currency Group (DCG) has announced that it is suspending all dividend payments to its shareholders until further notice.  What Happened: According to the letter to shareholders seen by Bloomberg, the move comes as a result of contagion in the crypto space brought on by the bankruptcy...

A popular crypto analyst recently declared that Gemini (CRYPTO: GUSD) is not involved in any shady dealings — they're simply "losers." What Happened: Ki Young Ju, co-founder of CryptoQuant, a crypto analysis platform, revealed that only $9 million Gemini is sitting on...