- Gemini founder Cameron Winklevoss has accused DCG CEO Barry Silbert of playing dumb.
- Winklevoss has indicated that DCG’s request to dismiss Gemini’s fraud claim is unfounded.
- The Gemini co-founder believes DCG’s defense won’t stand the test of a jury.
- Gemini sued Digital Currency Group last month for allegedly defrauding customers of its Gemini Earn Program.
Cameron Winklevoss answered to Digital Currency Group’s motion to dismiss Gemini’s fraud claim last month. DCG’s Aug. 10 filing alleged that crypto firm Winklevoss had failed to support alleged fraud against the crypto group and its founder, Barry Silbert. In response, Winklevoss, who is Gemini’s boss, accused DCG and its president of playing dumb in order to avoid responsibility.
Good luck to the jury: Cameron Winklevoss of Gemini
Digital Currency Group’s motion to dismiss Gemini’s lawsuit highlighted that the complaint named DCG as the defendant, despite having no direct business with Cameron Winklevoss’ cryptocurrency exchange. The cryptocurrency group added that Gemini’s allegations related to its dealings with its subsidiary Genesis Global Capital.
Silbert accused the Winklevoss twins of launching a personal assassination campaign on Twitter, to deflect blame from stranded Gemini Earn clients. DCG also called out Gemini for avoiding liability, having actively promoted Genesis as a “sophisticated market participant” to its customers.
In an X (formerly Twitter) post earlier today, Winklevoss described DCG’s motion to deny it as a brief written by a law school student that constitutes baseless legal defenses. According to the Gemini founder, the movement was in line with Silbert’s guide to refusing to take responsibility, playing dumb, and trying to avoid accountability by using technicalities.
Good luck presenting these arguments to a jury of your peers. See you in court.
Winklevoss also objected to DCG’s claim that there was no direct duty to Gemini to correct alleged false statements made by Genesis. “When a company you own says you wrote a check for $1.1 billion and you know you didn’t write it, yeah, it’s your duty to correct that. Sorry, but that didn’t pass the laughter test,” the Gemini founder added.