Tag Archives: barry silbert

The amended ETF application came after a series of meetings between Grayscale and the SEC in December. Leading asset manager Grayscale Investments has filed an amended S-3 application seeking to convert its Grayscale Bitcoin Trust (GBTC) to a spot Bitcoin ETF. Bloomberg analyst James Seyffart confirmed the reapplication with the Securities and Exchange Commission (SEC) on Tuesday, just a few hours after the CEO of the firm’s parent company, Barry Silbert, resigned. Grayscale Finally...

In addition to top executives stepping aside from the board of directors, Grayscale Investments also filed an updated spot Bitcoin ETF application with the SEC on Tuesday. Top cryptocurrency investor Grayscale Investments LLC has been preparing to offer spot Bitcoin exchange-traded funds (ETF) in a bid to widen its market share. On Tuesday, the company made several moves to ensure an imminent approval of spot BTC ETF, which is anticipated to happen in the next few weeks. Grayscale...

The ranking provides a measure of the credibility and perceived influence of these personalities in the eyes of the crypto community. CoinLedger’s recent compilation of the ten most popular crypto entrepreneurs of 2023 showcases a mix of highly influential and controversial figures, with Binance CEO Changpeng ‘CZ’ Zhao securing the top spot. Binance CEO Changpeng ‘CZ’ Zhao: Leading the Charge The list, based on social media followings, provides a glimpse into the diverse personalities...

Gemini seeks to exact its owed payment sum from Genesis parent DCG and is working with several creditors on a forbearance plan. Gemini Trust Company LLC recently said that Genesis parent DCG missed a $630 million loan payment last week. This development is the latest occurrence in the ongoing dispute between the Cameron Winklevoss-run crypto custodian and digital currency VC firm. In January, Gemini CEO Winklevoss threatened to sue his DCG counterpart Barry Silbert, and the entire company,...

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Cameron Winklevoss – one half of the Winklevoss Twins which run the digital currency exchange Gemini in New York – has penned a letter calling for the resignation of Barry Silbert, the man who runs the Digital Currency Group (DCG). Cameron Winklevoss to Barry Silbert: Resign! Cameron stated that Silbert engaged in deceptive and fraudulent tactics during his tenure as head of his organization. The feud between the two began when the now defunct crypto exchange FTX...

Bitvavo – a Dutch bitcoin exchange – has rejected a proposal from the Digital Currency Group (DGC) headed by Barry Silbert to repay approximately 70 percent of the debt owed to it by Genesis Trading. Bitvavo says the company has the money to pay back 100 percent of the debt and should do so without making executives wait any longer. Bitvavo Says “No Way” to the DCG Not long ago, Bitvavo announced it had just shy of $300 million locked up in Genesis. The proposal to pay...

1.) Bitcoin Might Fall Below $20,000 Before Bull Rally Resumes, Analyst Says https://newsbtc.com/analysis/btc/bitcoin-might-fall-below-20000/ 2.) Crypto lender Genesis files for Chapter 11 bankruptcy https://cointelegraph.com/news/crypto-lender-genesis-files-for-bankruptcy 3.) Nexo agrees to $45M settlement with SEC and states over earn product https://cointelegraph.com/news/nexo-agrees-to-45m-settlement-with-sec-and-nasaa-over-earn-product 📱Mein Telegram-Kanal für...

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DCG (Digital Currency Group) – the crypto company that owns Grayscale – is allegedly $2 billion in debt, giving traders and crypto analysts a lot to be anxious about. DCG Is Allegedly Dealing with Tons of Debt Barry Silbert – the man who founded DCG – stated in an interview: We have weathered previous crypto winters. While this one may feel more severe, collectively we will come out of it stronger. The goal was to try and calm people’s nerves, though this is easier said...