The Crypto World Has a New Villain
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This article was featured in One Great Story, New York’s reading recommendation newsletter. Sign up here to get it nightly. I had no idea who Barry Silbert…
Billionaire Barry Silbert is accused of defrauding thousands of people. Should he get to keep their money anyway?
Customers are outraged at the Winklevoss twins over their secret $282 million withdrawal from their crypto company’s bank before its collapse last year – and the backlash could further tarnish the twins’ carefully crafted image as trustworthy operators in the unruly digital currency industry.
Cameron and Tyler Winklevoss withdrew their customers' money from crypto bank Genesis three months before it froze up to $900 million in customer assets.