Search results
Bitcoin is up 157% in the last year, and many of the digital assets underlying Silbert’s vast empire could be worth billions more now.
Feb 9, 2024 · The sole bright spot in Silbert’s once-prospering empire might be Grayscale, the asset manager that managed to convert GBTC into an exchange-traded fund in January after winning a lawsuit ...
Jan 10, 2023 · Barry Silbert, the CEO of troubled crypto empire Digital Currency Group (DCG), defrauded some 340,000 crypto investors using Gemini Earn, according to allegations made by Cameron Winklevoss, CEO...
- John Hyatt
Dec 27, 2023 · Some crypto market commentators speculate that Silbert’s departure could significantly increase the odds that Grayscale will successfully convert its Grayscale Bitcoin Trust (GBTC) into a...
Dec 27, 2023 · The compromise made by Grayscale in response to the SEC’s cash-only orders highlights the regulatory challenges. Grayscale has submitted a modified S-3 filing for the conversion of its GBTC into a spot Bitcoin ETF on the same day of its surprising leadership shuffle.
Sep 8, 2023 · Bailey alleged that Silbert snapped up GBTC shares for collateral for borrowing purposes to service bitcoin loans from BlockFi — which later went bankrupt, as well. GBTC shares started trading at a discount to net asset value (NAV) in February 2021.
People also ask
Is GBTC a bright spot in Silbert's Empire?
Could grayscale restitution be a bright spot in Silbert's Empire?
Who is grayscale Bitcoin Trust (GBTC)?
How much is Silbert's empire worth today?
May 12, 2017 · Barry Silbert’s Bitcoin Investment Trust (GBTC) has seen unprecedented demand, causing its shares to trade up to 80 percent higher than the cost of a Bitcoin.
