Don Cameroné returns to the spotlight.
Another day, another fight in-public amongst crypto companies.
Earlier this week, we wrote about how Cameron Winkelvoss (aka Don Cameroné) had gone 'full Liam Neeson' on the Digital Currency Group (DCG).
Well - there's been some developments.
To get everyone up to speed...
DCG currently owes users of Don Cameroné's platform, Genesis, $900M.
On the 2nd Jan, he penned an open letter to DCG's CEO, Barry Silbert, saying that he had until the 8th of Jan to pay what he owes.
It is now the 11th of Jan.
Here's what's gone down in the past day or two:
Don Cameroné posted a second open letter, addressed to the Board of Digital Currency Group (DCG), saying that CEO Barry Silbert was “unfit” to run the company and should step down.
He accused DCG of committing fraud, and making false statements about the financial health of Genesis.
(Genesis was the primary partner for Gemini’s 'Earn' service, where users could supposedly earn up to 8% interest on their crypto).
DCG hit back, stating that this was “another desperate and un-constructive publicity stunt” and that DCG was “preserving all legal remedies in response to these malicious, fake, and defamatory attacks.”
It's not clear right now which side is 'right,' maybe there's some truth to both ¯\_(ツ)_/¯
What we do know is that Liam Neeson made damn well sure that he ended up getting his daughter (in this case, the $900M owed to Gemini customers) back.
And if Don Cameroné wants to live up to the random analogy we made up on a whim (just a few days ago), he's going to have to follow suit.
Which is not good news for DCG.
(Alright, have we sufficiently clubbed this parody to death?)
