Winklevoss claims fuel US probe of DCG crypto business

STORY CONTINUES BELOW THESE SALTWIRE VIDEOS - Several U.S. agencies are investigating allegations of fraud leveled by billionaire Cameron Winklevoss against Digital Currency Group and its CEO Barry Silbert, Bloomberg News reported on Thursday, citing people familiar with the matter.

The Winklevoss twins and crypto baron Silbert have been feuding since Genesis, a unit of DCG, froze withdrawals last November in a blow to its largest creditor, Gemini. The co-founders of Gemini in July filed a suit accusing Silbert and Genesis of misleading investors, and claims it used accounting tricks to try to cover up a hole in the parent company's balance sheet.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Winklevoss claims fuel US probe of DCG crypto businessProsecutors in Brooklyn, FBI agents, and U.S. SEC staff sat in on an interview in recent months with Cameron, who co-founded crypto exchange Gemini with his twin Tyler, the report said. The Winklevoss twins and crypto baron Silbert have been feuding since Genesis, a unit of DCG, froze withdrawals last November in a blow to its largest creditor, Gemini.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »