DCG Responds as Gemini Accuses Company of Fraud

<p><span style="font-weight: 400;">Crypto 2023 – like Crypto 2022, but angrier. This week, Gemini co-CEO Cameron Winklevoss accused Genesis, DCG and DCG CEO Barry Silbert of fraud in a major escalation of their fight over frozen funds. Silbert and DCG, CoinDesk’s parent, responded with their own letter and Q&A arguing that Genesis and DCG are fundamentally different entities. NLW covers the war of words and the community’s response to it. </span></p> <p><em><span style="font-weight: 400;">-</span></em></p> <p><em><span style="font-weight: 400;">Join the most important conversation in crypto and Web3 at Consensus 2023, happening April 26–28 in Austin, Texas. Come and immerse yourself in all that Web3, crypto, blockchain and the metaverse have to offer. Use code BREAKDOWN to get 15% off your pass. Visit</span></em> <a href= "https://consensus.coindesk.com/register/?utm_campaign=thebreakdown&utm_content=c23&utm_medium=marketing&utm_source=podcast&utm_term=organic&utm_id=c23"> <em><span style= "font-weight: 400;">consensus.coindesk.com</span></em></a><em><span style="font-weight: 400;">.</span></em></p> <p><em><span style="font-weight: 400;">-</span></em></p> <p><em><span style="font-weight: 400;">“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsor today is</span></em> <em><span style="font-weight: 400;">“Swoon” by Falls</span></em><em><span style="font-weight: 400;">. Image credit:</span></em> <em><span style= "font-weight: 400;">rudall30/Getty Images</span></em><em><span style="font-weight: 400;">, modified by CoinDesk. Join the discussion at</span></em> <a href= "http://discord.gg/VrKRrfKCz8"><em><span style= "font-weight: 400;">discord.gg/VrKRrfKCz8</span></em></a><em><span style="font-weight: 400;">.</span></em></p>