Gemini crypto exchange co-founder Cameron Winklevoss called for the board of Digital Currency Group to remove Barry Silbert as chief executive officer.
Gemini crypto exchange co-founder Cameron Winklevoss called for the board of Digital Currency Group to remove Barry Silbert as chief executive officer, in the latest twist of a running dispute with a onetime business partner.
They are now unable to access about $900 million in funds after Genesis stopped reimbursements in November amid contagion from the bankruptcy of the FTX exchange. Silbert “has proven himself unfit to run DCG and unwilling and unable to find a resolution with creditors that is both fair and reasonable,” Winklevoss wrote.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Mercedes sees good times coming in India despite currency concernBut the weakening exchange rate is seen as a risk to the growth of the country’s luxury car market
Read more »
Brazilian currency stumbles after ransack of government buildingsProbe launched after supporters of former president Jair Bolsonaro attack state institutions
Read more »
Currency plunges to record after Zimbabwe warns state suppliersCompanies supplying goods and services to the government have been blamed for undermining the local currency
Read more »
Egypt orders ministries to curb spending amid foreign currency crunchEgypt's government has instructed ministries to cut non-essential spending until the end of the fiscal year in June as it tries to cope with continuing pressure on its currency and rising inflation.
Read more »
Rand expected to remain volatile in 2023The currency has started this year on a strong footing
Read more »
Rand strengthens, investors await cues in Fed chief’s speech[CURRENCY] At 11:30, the rand traded at R16.98 against the dollar, as investors looked for more clarity on the outlook of the Fed’s rate-hike path. Moneyweb Currency
Read more »