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Gemini co-founder Cameron Winklevoss has delivered a ‘best and final offer’ to Digital Currency Group CEO Barry Silbert, demanding $1.465 billion to resolve the ongoing Genesis debt dispute. The strongly-worded letter accuses DCG of fraudulent behavior and deliberate delay tactics. The deadline for agreement is set for July 6 at 4 p.m. ET.
- Winklevoss demands $1.465 billion settlement comprising cash, bitcoin, and ether payments by July 6 deadline
- DCG accused of fraudulent behavior and deliberately prolonging mediation to avoid $630 million Genesis debt
- Dispute affects 232,000 Gemini Earn users whose funds have been frozen since November 2022
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