Cameron Winklevoss speaks at a New York State Department of Financial Services virtual currency hearing in the Manhattan borough of New York January 28, 2014. REUTERS/Lucas JacksonJan 2 - Cameron Winklevoss, who founded crypto exchange Gemini Trust Co with his twin brother, on Monday accused Digital Currency Group CEO Barry Silbert of "bad faith stall tactics" and asked him to commit to resolving $900 million worth of disputed customer assets by Jan. 8.
Gemini has a crypto lending product called Earn in partnership with DCG's crypto firm Genesis. GenesisWinklevoss said Genesis owed more than $900 million to some 340,000 Earn investors, and that he had been trying to reach a "consensual resolution" with Silbert for the past six weeks. "However, it is now becoming clear that you have been engaging in bad faith stall tactics," Winklevoss wrote in an"We are asking you to publicly commit to working together to solve this problem by January 8th, 2023," he added. The letter did not say what would happen if an agreement was not reached by Jan. 8.
Winklevoss wrote that DCG owed Genesis $1.675 billion, which was money that Genesis in turn owed to Earn users and other creditors, adding "this mess is entirely of your own making.""DCG has never missed an interest payment to Genesis and is current on all loans outstanding," Silbert said, adding that DCG delivered a proposal to Genesis and Winklevoss' advisers on Dec. 29 and did not receive a response.
CalvinAyre Turns out the winklevai really are exactly like 2 armies hammers
Winklevii always crying about something
This sucks! Just when you thought we never had to see the Winklevoss Twins in pop culture (we all OD'd on them from the film 'Social Media'!!!! 🤮🤮🤮), the DREAD now creeps in they'll bombard us once again when the unnamed 'Crypto Collapse' film gets made in the future. 🥴🤮
Hahahaha
vinkelvoss is playing the finger game. He and his brother need to step up and take responsibility for there part in the Gemini debacle. I can only hope SBF punishment will set the example for future exchange CEO
Lol
BadFaith? Please define... 🤣
Is there any good faith when it comes to crypto?
Gemini DCGco
Bad Faith? If Crypto and BTC were the future of money, it should not allow these things to happen. Instead every week $Millions are stolen from hopeful investors. The problem is Crypto .
Faith being the core value of any crypto asset.
Wasn’t he the one who claimed Zuckerberg stole his idea? I’m beginning to think he is just a lousy negotiator.
snort
Wait a second. Are you suggesting that there may be some shady dealings in the world of crypto? Well, now I've just. Let just lost my faith in everything, if you can't trust crypto! (too much?)
All crypto brokers are operating in bad faith
Crypto is the onion Ponzi. Layer upon layer of criminal delusion with every layer claiming to be the future of finance while simultaneously declaring every other layer to be corrupt or a scam.
Thanks. It looks crypto bibical, like Sega & Nintendo in the late ‘80s / early ‘90s or something! Obviously, Genesis puns intended for some humor as a small diversion from SBF / FTX. Mindful of Binance “destined” as existing Tweets to read beyond Bitcoin the Bar updates. 😊
It's unfortunate how these Winklevoss fellas try so hard and come up oh so short each time. ¹Facebook, ²Olympic rowing and this ³crypto mess. They should maybe return to a solid ground concept that can be proven to deliver. ~a trifecta opinion~
On October seventeen, Armita was brought to Imam Ali Karaj Hospital wearing some clothes, while her hair was shaved and she was bleeding profusely from the anus due to repeated rapes ArmitaAbassi MahsaAmini
Or maybe Winklevoss is just lousy at this....
I see this and I am incredulous that its all started by trading 'beads.' That perceived value is a real thing. Crazy making. I mean, explain Trump NFTs to me. Crazy making.
NOT THE WINKLEVOSS TWIN!!! lol 😂
A Ponzi telling to another Ponzi that he is a Ponzi...
A Ponzi scheme negotiating in bad faith. ¯\\_(ツ)_/¯
Spokesperson for the Vii
Ahhh, the Winklevi
As portrayed by BenAffleck * *probably eventually in the biopic