BARRY SILBERT,BITCOIN JEW ,CONS THE WINKLEVOSSES ……AGAIN

[yankeedoodle]

From the Wide Awake Gentile at NWO Broadcasting Corp.
BARRY SILBERT,BITCOIN JEW ,CONS THE WINKLEVOSSES ......AGAIN
https://nwobroadcastcorp.wordpress.com/2023/01/11/barry-silbertbitcoin-jew-cons-the-winklevosses-again/



Barry Silbert is the Founder & CEO of Digital Currency Group. DCG has been an active seed investor in the digital currency industry with over 50 investments in 15 countries including BitGo, BitPay, BitPagos, BitPesa, Chain, Circle, Coinbase, Gyft, Kraken, Ripple Labs, TradeBlock, Unocoin, and Xapo.

In addition, Barry also created the Bitcoin Investment Trust (BIT), a private, open-ended trust sponsored by Grayscale Investments, a Digital Currency Group company. enabling investors to gain exposure to the price movement of bitcoin without the challenges of buying, storing, and safekeeping bitcoins.

Prior to founding Digital Currency Group, Barry founded SecondMarket, a platform that enables private companies and investment funds to more efficiently raise capital and provide liquidity to their stakeholders by simplifying complex transaction workflows, streamlining investor onboarding, and verifying that investors are accredited.

Prior to founding SecondMarket in 2004, Barry was an investment banker at Houlihan Lokey and graduated with honors from the Goizueta Business School of Emory University

Barry Silbert,defrauded some 340,000 crypto investors using Gemini Earn, according to allegations made by Cameron Winklevoss, CEO of crypto exchange Gemini, in a scathing open letter published to Twitter Tuesday morning.

The allegations come nearly two months after Genesis Global Trading, DCG's wholly owned lending firm, suspended withdrawals for customers in the wake of FTX's collapse. Gemini had partnered with Genesis for its "Gemini Earn" product, which offered investors annual interest returns of up to 8%.

Silbert and his companies "defrauded" Gemini customers by "conspir[ing] to make false statements and misrepresentations about the solvency and financial health of Genesis," alleges Winklevoss. "By lying, they hoped to buy time to dig themselves out of the hole they created."

DCG owes $1.675 billion to the crypto lending arm of its subsidiary Genesis, according to a November letter Silbert sent to shareholders.That includes a $1.1 billion promissory note that appears to be connected with liabilities DCG assumed from Genesis after the latter was hit hard by the collapse of Singapore-based crypto hedge fund Three Arrows Capital.

"Beginning in early July 2022, Barry, DCG, and Genesis embarked on a carefully crafted campaign of lies to make Gemini, Earn users, and other lenders believe that DCG had injected $1.2 billion of actual support into Genesis," Winklevoss said.

Gemini has formed a committee of creditors to recoup the funds it says it and others are owed from Genesis. That committee has hired Kirkland & Ellis as counsel and Houlihan Lokey as a financial advisor.(which happens to be Silberts old investment bank)

This is the either the second time the naive Winklevoss twins have been conned by G-Ds chosen crooks At least Divya Narendra has learnt his lesson and never tangled with the whoos again

ConnectU (originally Harvard Connection) was a social networking website launched on May 21, 2004, that was founded by Harvard students Cameron Winklevoss, Tyler Winklevoss, and Narendra in December 2002. Users could add people as friends, send them messages, and update their personal profiles to notify friends about themselves. In November 2003, the Winklevosses and Narendra approached Mark Zuckerberg about joining the HarvardConnection team, who later turned Harvard Connection into Facebook, leading to several lawsuits. .

On February 6, 2004, the Winklevosses and Narendra first learned of thefacebook.com while reading a press release in the Harvard student newspaper The Harvard Crimson. According to Gao, who looked at the HarvardConnection code afterward, Zuckerberg had left the HarvardConnection code incomplete and non-functional, with a registration that did not connect with the back-end connections.On February 10, 2004, the Winklevosses and Narendra sent Zuckerberg a cease and desist letter. They also asked the Harvard administration to act on what they viewed as a violation of the university's honor code and student handbook.They lodged a complaint with the Harvard Administrative Board and university president (((Larry Summers))); however, both viewed the matter to be outside the university's jurisdiction. President Summers advised the HarvardConnection team to take their matter to the courts.