Cameron Winklevoss Asks DCG CEO to Step Down
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Gemini co-founder Cameron Winklevoss has called in an open letter on Digital Currency Group (DCG) CEO Barry Silbert to step down over $900 million in outstanding Earn debt.
According to the letter:
“I am writing to inform you that Gemini and over 340,000 Earn users have been defrauded by Genesis Global Capital LLC and its parent company Digital Currency Group.”
According to Winklevoss, Silbert-led structures misled the public about their financial condition and solvency.
In a previous letter that was published a week ago, Cameron suspected the head of DCG of using “tactics of unfair delay in the process” of repaying users’ debts.
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