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Tag: bitcoin trust

Cameron Winklevoss Says DCG CEO Barry Silbert is ‘Unfit’ to Run the Company

The public spat between Barry Silbert, CEO of the Digital Currency Group (DCG), and Cameron Winklevoss, co-founder of the cryptocurrency exchange Gemini, hit a...

Winklevoss Accuse Genesis, DCG and Barry Silbert of Fraud

Cameron Winklevoss, the founder of Gemini, has accused Genesis, its parent company the Digital Currency Group and its CEO Barry Silbert of outright fraud. In...

Osprey Funds is operating with less than 10 employees after layoffs

Crypto asset manager Osprey Funds, which manages the Osprey Bitcoin Trust (OBTC), is operating with less than 10 employees after layoffs,...

GBTC Shareholders Revolt Against Barry Silbert

20% of the Grayscale Bitcoin Trust (GBTC) shareholders have signed up to vote for redeeming the trust. That’s according to David Bailey, the owner of...

Is Digital Currency Group (DCG) a Sinking Ship? What To Expect in 2023 – Another Bankruptcy?

Digital Currency Group (DCG) is a venture capital firm that invests and builds businesses in cryptocurrency, and blockchain-related companies. It is founded in 2015...

Saba Capital Fund Holds Bitcoin

Saba Capital, an investment advisor and hedge fund with $10 billion in assets under management, has added bitcoin to their Saba Capital Income &...

Report: DOJ and SEC Investigating DCG Crypto Conglomerate

Both the DOJ and the Securities and Exchange Commission are in early stages of investigating DCG. DCG-Genesis financial transfers appear to be the...

Morgan Stanley Now Holds Bitcoin

Morgan Stanley, one of the world’s biggest investment bank with $6.5 trillion in assets under management, holds bitcoin on behalf of their fund customers. The...

Cathie Wood’s ARK enters 2023 with $5.7M Coinbase stock purchase

Cathie Wood, veteran investor and CEO of ARK Invest, remains bullish on the cryptocurrency industry and centralized exchanges (CEX) despite the bear market and...

Crypto Lender Genesis Slashes Staff and Mulls Bankruptcy: WSJ

According to a Jan. 5 report by the WSJ citing ‘people familiar with the matter,’ Genesis is mulling a bankruptcy filing and has...

Barry Silbert is Now Broke

Barry Silbert, the boy that spent his bar mitzvah money to trade baseball cards, now has no money. Forbes, which specializes in estimating net worth,...

Grayscale Raised $7.5 Billion, Since 2013?

The Grayscale Bitcoin Trust (GBTC) has sold $7.46 billion in private placements, Michael Sonnenshein, its CEO, said in a filing. The amendment points out the...

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