Barry Silbert

Barry Silbert, a prominent entrepreneur and founder of Digital Currency Group since its foundation in 2015. Barry has played a pivotal and challenging role in the growth and mainstream adoption of cryptocurrencies via Greyscales Bitcoin and Ethereum Trusts. As the world of blockchain experiences rapid change and continuous news, staying informed is crucial. Follow Blockworks for in-depth news coverage, expert analysis, and the most current information on the ever-evolving landscape of cryptocurrencies.
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And, the US Congress drew headlines last week as it moved crypto-friendly regulation to completion

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DCG and Silbert said the suit was an attempt to find a “headline-worthy scapegoat”

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Both resignations are effective Jan. 1, 2024

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The “root lesson to be learned,” Ahluwalia says, is “not to borrow from Genesis to go levered long on your own product”

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In its lawsuit, Gemini cited a number of other prolonged measures it took before resorting to legal action against DCG

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Gemini co-founder Cameron Winklevoss wants DCG to pay up in US dollars, bitcoin and ether — or else face a lawsuit

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Genesis, Gemini and other stakeholders are weighing whether to allow DCG more time to stave off a potential default

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Luno has asked Singapore-based users to withdraw their crypto and fiat currencies from the platform before June 19

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Alameda claims Grayscale’s fee structure and lack of redemption options has lowered the value of Alameda’s shares by 90%

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Genesis could be up for sale under a new restructuring agreement with creditors

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Cameron Wiklevoss threatens to sue Barry Silbert, DCG and others, following Genesis bankruptcy

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The crypto lender reportedly warned investors about filing for bankruptcy if it couldn’t line up sufficient financing

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Several sources have told Blockworks DCG’s head, Barry Silbert, isn’t telling the full story relating to his company’s relationship with crypto lender Genesis

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The cryptocurrency industry has a “lot of hard work to do” on the heels of a brutal 2022, Silbert said Tuesday in a letter to DCG shareholders

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Now that Genesis is considering bankruptcy, hopes of returning $900 million to lending partner Gemini are shrinking

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Cameron Winklevoss has given Barry Silbert until Jan. 8th to commit to publicly working together

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This new debt capital raise comes shortly after DCG raised $700 million in the beginning of November, at a $10 billion valuation.

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Along with the milestone for Grayscale funds AUM, the firm passes SPDR Gold Shares (GLD), the world’s largest gold ETF.

The parent company of Grayscale has raised a massive round from heavy-hitters like SoftBank Group and Alphabet Inc’s independent growth fund CapitalG.

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