Cameron Winklevoss, co-founder of the US crypto trading platform Gemini, tweeted that DCG founder and CEO Barry Silbert and other key personnel misled everyone through false statements, making all parties believe that Genesis had recovered from the losses of the Three Arrows bankruptcy, thereby inducing lenders to continue to provide loans. Cameron believes that the $1.1 billion promissory note provided by DCG has not actually been cashed, and the net present value (NPV) of this note will be significantly discounted (about 70%) to reflect its current value, which may be $300 million.

In addition, Cameron also revealed to the DCG board of directors that its executives, in collaboration with Genesis and Three Arrows Capital, illegally manipulated GBTC, but the plan ultimately failed, causing Genesis to accumulate heavy debts and causing the DCG Group to fall into a liquidity crisis.