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Cameron Winklevoss @cameron
3/ The good news is that, by seeking the protection of the bankruptcy court, Genesis will be subject to judicial oversight and be required to provide discovery into the machinations that brought us to this point. — PolitiTweet.org
Cameron Winklevoss @cameron
2/ While we have been working around the clock to negotiate an acceptable solution, @BarrySilbert and @DCGco — the parent company of Genesis – continue to refuse to offer creditors a fair deal. — PolitiTweet.org
Cameron Winklevoss @cameron
2/ While we have been working around the clock to negotiate an acceptable solution, @BarrySilbert and @DCGco — the parent company of Genesis – continue to refuse to offer creditors a fair deal. — PolitiTweet.org
Cameron Winklevoss @cameron
9/ This marks an important milestone in our efforts to help Earn users get their assets back. Doing so remains our highest priority. — PolitiTweet.org
Cameron Winklevoss @cameron
8/ We also believe that — in addition to owing creditors all of their money back — Genesis, DCG, and Barry owe them an explanation. Bankruptcy court provides a much-needed forum for that to happen. Sunlight is the best disinfectant. — PolitiTweet.org
Cameron Winklevoss @cameron
7/ Meanwhile, we will use every tool available to us in the bankruptcy court to maximize recovery for Earn users and any other parties within the bankruptcy court’s jurisdiction. — PolitiTweet.org
Cameron Winklevoss @cameron
6/ Unless Barry and DCG come to their senses and make a fair offer to creditors, we will be filing a lawsuit against Barry and DCG imminently. — PolitiTweet.org
Cameron Winklevoss @cameron
5/ We have been preparing to take direct legal action against Barry, DCG, and others who share responsibility for the fraud that has caused harm to the 340,000+ Earn users and others duped by Genesis and its accomplices. — PolitiTweet.org
Cameron Winklevoss @cameron
4/ Crucially, the decision to put Genesis into bankruptcy does not insulate Barry, DCG, and any other wrongdoers from accountability. — PolitiTweet.org
Cameron Winklevoss @cameron
3/ The good news is that, by seeking the protection of the bankruptcy court, Genesis will be subject to judicial oversight and be required to provide discovery into the machinations that brought us to this point. — PolitiTweet.org
Cameron Winklevoss @cameron
2/ While we have been working around the clock to negotiate an acceptable solution, @BarrySilbert and @DCG — the parent company of Genesis – continue to refuse to offer creditors a fair deal. — PolitiTweet.org
Cameron Winklevoss @cameron
1/ Earn Update: This evening, Genesis Global Capital, LLC (Genesis) filed for bankruptcy under Chapter 11. This is a crucial step towards us being able to recover your assets. — PolitiTweet.org
Cameron Winklevoss @cameron
RT @tyler: 7/ Oh, and on a more positive note, bitcoin hit 19k today! Onward! — PolitiTweet.org
Cameron Winklevoss @cameron
RT @tyler: 6/ For the avoidance of doubt, Gemini has always worked hard to comply with all relevant laws and regulations. Any suggestion to… — PolitiTweet.org
Cameron Winklevoss @cameron
RT @tyler: 5/ But seriously, what is the point or urgency here? The Earn program has been shut down for almost two months. — PolitiTweet.org
Cameron Winklevoss @cameron
RT @tyler: 4/ We look forward to defending ourselves against this manufactured parking ticket. And we will make sure this doesn’t distract… — PolitiTweet.org
Cameron Winklevoss @cameron
RT @tyler: 3/ Despite these ongoing conversations, the SEC chose to announce their lawsuit to the press before notifying us. Super lame. It… — PolitiTweet.org
Cameron Winklevoss @cameron
RT @tyler: 2/ As a matter of background, the Earn program was regulated by the @NYDFS and we’ve been in discussions with the SEC about the… — PolitiTweet.org
Cameron Winklevoss @cameron
RT @tyler: 6/ For the avoidance of doubt, Gemini has always worked hard to comply with all relevant laws and regulations. Any suggestion to… — PolitiTweet.org
Cameron Winklevoss @cameron
RT @tyler: 1/ It’s disappointing that the @SECGov chose to file an action today as @Gemini and other creditors are working hard together to… — PolitiTweet.org
Cameron Winklevoss @cameron
@DCGco PDF here: https://t.co/SJKnGmfrLD — PolitiTweet.org
Cameron Winklevoss @cameron
Earn Update: An Open Letter to the Board of @DCGco https://t.co/eakuFjDZR2 — PolitiTweet.org
Cameron Winklevoss @cameron
@BarrySilbert Will you, or will you not, commit to solving this by January 8th in a manner that treats the $1.1 billion promissory note as $1.1 billion? — PolitiTweet.org
Cameron Winklevoss @cameron
@BarrySilbert There you go again. Stop trying to pretend that you and DCG are innocent bystanders and had nothing to do with creating this mess. It's completely disingenuous. So how does DCG owe Genesis $1.675 billion if it didn't borrow the money? Oh right, that promissory note... — PolitiTweet.org
Cameron Winklevoss @cameron
Earn Update: An Open Letter to @BarrySilbert https://t.co/kouAviTho4 — PolitiTweet.org
Cameron Winklevoss @cameron
All updates can be found here: https://t.co/qkAfyGgXBM — PolitiTweet.org
Cameron Winklevoss @cameron
This plan is based on information received from Genesis, DCG, and their respective advisors to date. The Creditor Committee expects an initial response this week. — PolitiTweet.org
Cameron Winklevoss @cameron
Earn Update: Today, Houlihan Lokey presented a plan on behalf of the Creditor Committee to resolve the liquidity issues at Genesis and DCG and provide a path for the recovery of assets. — PolitiTweet.org
Cameron Winklevoss @cameron
It is still early stages, and discussions are ongoing, however, we will update you as soon as more information is available. — PolitiTweet.org
Cameron Winklevoss @cameron
Earn Update: Houlihan Lokey, the Financial Advisor of the Creditor Committee, has begun advocating for a plan to resolve the liquidity issues at Genesis and DCG and provide a path for the recovery of funds. https://t.co/PoRA7WsY4S — PolitiTweet.org