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Who is Barry Silbert?

Bitcoin investor Barry Silbert speaks at a New York State Department of Financial Services (DFS) virtual currency hearing in the Manhattan borough of New York January 28, 2014. REUTERS/Lucas Jackson/File Photo Acquire Licensing Rights Jan 20 (Reuters) - As an investment banker, Barry Silbert worked on some of the highest-profile corporate failures.

Did DCG and Silbert engage in a 'character assassination campaign'?

DCG and Silbert filed a motion to dismiss in Manhattan federal court Thursday, claiming Gemini fails to properly claim fraud and accusing the company and founders Cameron and Tyler Winklevoss of engaging in a “character assassination campaign” against DCG and Silbert.

Why did Gemini Sue DCG & Silbert?

Gemini sued DCG and Silbert last month in New York, alleging they engaged in “fraud and deception.” The dispute stems from DCG crypto lending unit Genesis Global Holdco’s decision in November to freeze withdrawals, which left hundreds of millions of dollars worth of Gemini customer assets trapped.

Who owns Digital Currency Group (DCG)?

Silbert went on to launch Digital Currency Group in New York in 2015, later moving the firm to Connecticut. As crypto markets soared in value, DCG raised money from the venture capital arm of Bain Capital, MasterCard, New York Life Insurance Company, and Canadian bank CIBC.

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