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Who is Barry Silbert & Cameron Winklevoss?

Digital Currency Group CEO Barry Silbert and Cameron Winklevoss, co-founder of crypto exchange Gemini, are engaged in a public feud over customer assets. At issue is $900 million of Gemini client funds that sit frozen inside DCG subsidiary Gensis.

Who is Tyler Winklevoss?

Winklevoss, along with his brother Tyler, co-founded Gemini, a popular crypto exchange that, unlike many of its peers, is subject to New York banking regulation. Winklevoss and Silbert were linked through an offering called Earn, a nearly two-year-old product from Gemini that promoted returns of up to 8% on customer deposits.

Did Winklevoss offer Silbert a solution?

Winklevoss, facing pressure of his own from angry customers locked out of their Gemini accounts and a lawsuit alleging fraud, in an open letter Monday said he had provided Silbert with multiple proposals to resolve the issue, including as recently as Dec. 25.

Did DCG deny Winklevoss' allegations of financial impropriety?

A DCG spokesperson told CNBC the company denies Winklevoss’ allegations of financial impropriety. For the 41-year-old Winklevoss twins, a public and high-profile spat is nothing new. They’re best known for their role in the birth of Facebook, now known as Meta, which was founded by Harvard classmate Mark Zuckerberg.

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