Barry Silbert, CEO of Digital Currency Group (DCG), has released a letter to shareholders in response to a recent open letter from Gemini CEO Cameron Winklevoss. The letter, issued Tuesday by Winklevoss, calls for the DCG board to force Silbert to step down as CEO. Silbert shared his letter on Twitter and said he had been reflecting deeply over the past year on the state of the cryptocurrency industry and its direction.
On Tuesday, Digital Currency Group CEO Barry Silbert wrote a letter to shareholders in response to accusations made by Gemini CEO Cameron Winklevoss. Winklevoss had previously accused DCG of misrepresentation and called for Silbert’s resignation as CEO. Silbert’s letter, which does not directly address some of Winklevoss’ specific allegations, does include a Q&A session that addresses certain matters.
“I’ve been reflecting quite a bit about the past year, the state of the industry, and where things go from here,” Silbert wrote on Twitter sharing his letter.
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