{"id":287652,"date":"2023-01-10T17:30:10","date_gmt":"2023-01-10T17:30:10","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=287652"},"modified":"2023-08-14T00:44:42","modified_gmt":"2023-08-13T23:44:42","slug":"dcg-labels-gemini-co-founders-allegations-as-publicity-stunts","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/dcg-labels-gemini-co-founders-allegations-as-publicity-stunts\/","title":{"rendered":"DCG labels Gemini co-founder&#8217;s allegations as &#8216;publicity stunts&#8217;"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The Digital Currency Group (DCG) has <a href=\"https:\/\/twitter.com\/DCGco\/status\/1612852131333029893\">responded<\/a> to recent allegations made by Gemini co-founder Cameron Winklevoss against the DCG, calling them \u201cdesperate and unconstructive publicity stunts.\u201d<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">This is another desperate and unconstructive publicity stunt from <a href=\"https:\/\/twitter.com\/cameron?ref_src=twsrc%5Etfw\">@cameron<\/a> to deflect blame from himself and Gemini, who are solely responsible for operating Gemini Earn and marketing the program to its customers.<\/p>\n<p>&mdash; Digital Currency Group (@DCGco) <a href=\"https:\/\/twitter.com\/DCGco\/status\/1612852131333029893?ref_src=twsrc%5Etfw\">January 10, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">Earlier on Jan. 10, Cameron <a href=\"https:\/\/cryptoslate.com\/cameron-winklevoss-calls-for-immediate-removal-of-barry-silbert-as-dcg-ceo\/\">alleged<\/a> that Genesis Global and its parent company DCG, led by Barry Silbert, conspired to defraud about 340,000 Gemini Earn users. \u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to the allegations, Barry, Genesis, and DCG lied to Gemini and its users that DCG had invested about $1.2 billion in Genesis to continue its operations, while Genesis lost a similar amount after 3AC collapsed. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, DCG <a href=\"https:\/\/twitter.com\/DCGco\/status\/1612852178405687297\">argues<\/a> that the recent arguments are a deflection of blame from Cameron Winklevoss himself, Gemini, and the parties solely responsible for marketing and operating Gemini Earn.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Furthermore, the firm has maintained that it will pursue all available legal remedies in response to the \u201cmalicious, fake, and defamatory attacks\u201d made by the Gemini co-founder.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Worth noting, the U.S. Department of Justice (DOJ) and Securities and Exchange Commission (SEC) are <a href=\"https:\/\/cryptoslate.com\/silberts-dcg-is-being-investigated-by-doj-and-sec-over-internal-transactions\/\">investigating<\/a>\u00a0Digital Currency Group (DCG) to examine internal money transfers or loans within the firm, according to recent reports. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Digital Currency Group (DCG) has responded to recent allegations made by Gemini co-founder Cameron Winklevoss against the DCG, calling them \u201cdesperate and unconstructive publicity stunts.\u201d Earlier on Jan. 10, Cameron alleged that Genesis Global and its parent company DCG, led by Barry Silbert, conspired to defraud about 340,000 Gemini Earn users. \u00a0 According to [&hellip;]<\/p>\n","protected":false},"author":1393,"featured_media":340896,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[77901,77873,39,77968],"tags":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - 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