Genesis 破產事件引發不確定性，引發對產業誠信的懷疑

在 2024 年多頭市場中，巴里·希爾伯特 (Barry Silbert) 全額償還 Genesis 破產受害者的協議遭到了他所採用的法律策略的抵制。儘管他擁有金融和加密貨幣背景，但他阻止支付的嘗試讓埃里克·阿斯奎斯（Eric Asquith）等投資者陷入了不確定性，他損失了超過 100 萬美元。阿斯奎斯透過 Gemini 對 Genesis 的高風險企業進行的投資使他面臨法律訴訟和對 Silbert 動機的審查，引發了人們對加密行業誠信的質疑。

Genesis Bankruptcy Saga: Barry Silbert's Legal Maneuvers Cast Uncertainty Over Investor Repayments

創世紀破產傳奇：巴瑞希爾伯特的法律舉措為投資者還款帶來了不確定性

Despite an agreement to repay victims in full during the anticipated 2024 bull market, Barry Silbert's persistent legal challenges have left investors in a state of limbo, questioning the integrity of the cryptocurrency industry and the motivations of its key players.

儘管達成了在預期的 2024 年牛市期間全額賠償受害者的協議，但 Barry Silbert 持續的法律挑戰讓投資者陷入了困境，質疑加密貨幣行業的誠信及其主要參與者的動機。

The Genesis Collapse and Its Aftermath

創世紀崩潰及其後果

The January 2023 collapse of Genesis, a cryptocurrency company owned by Silbert's Digital Currency Group (DCG), sent shockwaves through the crypto community, leaving investors like Eric Asquith with vanished savings. Asquith had entrusted his funds to Gemini, a crypto exchange owned by Tyler and Cameron Winklevoss, which had offered a high-yield savings account called Earn. Unbeknownst to him, his money had been redirected to Genesis and used for risky investments.

Silbert 的數位貨幣集團 (DCG) 旗下的加密貨幣公司 Genesis 於 2023 年 1 月倒閉，為加密貨幣社群帶來了衝擊，讓 Eric Asquith 等投資者的積蓄化為烏有。阿斯奎斯把他的資金委託給了泰勒和卡梅倫·文克萊沃斯擁有的加密貨幣交易所 Gemini，該交易所提供了一個名為 Earn 的高收益儲蓄帳戶。他不知道的是，他的資金已被轉入 Genesis 並用於風險投資。

A Glimmer of Hope and Subsequent Disappointment

一線希望與隨之而來的失望

In November, amidst a resurgence in the crypto market and the conviction of former FTX CEO Sam Bankman-Fried for fraud, a deal was struck to repay all Genesis victims in full. This news provided a glimmer of hope, but it was quickly extinguished when Silbert, leveraging legal maneuvers, attempted to block the payout. Silbert argued that the bankruptcy code entitled victims to only a fraction of the current value of their investments, based on their value at the time of the bankruptcy filing.

11 月，隨著加密貨幣市場的復甦以及 FTX 前首席執行官 Sam Bankman-Fried 因欺詐罪被定罪，雙方達成了一項協議，全額賠償所有 Genesis 受害者。這一消息帶來了一線希望，但當西爾伯特利用法律手段試圖阻止付款時，希望很快就破滅了。西爾伯特認為，破產法規定受害者只能獲得其投資當前價值的一小部分（基於申請破產時的價值）。

Legal Battle and Ongoing Scrutiny

法律鬥爭和持續審查

The ensuing legal battle has left investors frustrated and uncertain about the fate of their funds. A ruling is expected in April, but the outcome remains uncertain. Silbert's efforts to retain the funds he diverted have come under intense scrutiny from creditors and regulators alike.

隨後發生的法律糾紛讓投資者感到沮喪，並對他們的基金的命運感到不確定。預計四月做出裁決，但結果仍不確定。西爾伯特保留其挪用資金的努力受到了債權人和監管機構的嚴格審查。

Silbert's Background and Involvement in Bankruptcy

西爾伯特的背景與破產參與

Silbert's background has added layers of intrigue to the ongoing saga. His early exposure to bankruptcy proceedings and successful career in finance and cryptocurrency have raised questions about his motives. Silbert has previously founded SecondMarket, an online marketplace for illiquid assets, and established the Grayscale Bitcoin Trust, one of the largest investment vehicles for Bitcoin.

西爾伯特的背景為正在進行的傳奇增添了幾層陰謀。他早期經歷的破產程序以及在金融和加密貨幣領域的成功職業生涯引發了人們對他動機的質疑。 Silbert 先前創立了非流動資產線上市場 SecondMarket，並建立了最大的比特幣投資工具之一灰階比特幣信託基金。

Bankruptcy Code Interpretation Dispute

破產法解釋爭議

In the Genesis bankruptcy case, Silbert's defense hinges on interpreting the bankruptcy code's mandate for claim valuation in U.S. dollars as of a specific date, coinciding with market lows for cryptocurrencies like Bitcoin. Legal representatives for creditors, Genesis, and Gemini have contested this stance, arguing for a more equitable valuation of digital assets comparable to unique collectibles.

在 Genesis 破產案中，西爾伯特的辯護取決於對破產法規定的在特定日期以美元進行索賠估值的規定，這一日期恰逢比特幣等加密貨幣的市場低點。債權人 Genesis 和 Gemini 的法律代表對這一立場提出了質疑，主張對數位資產進行比獨特收藏品更公平的估值。

Legal Challenges and Potential Impact

法律挑戰和潛在影響

DCG's attorneys have argued that the victims' claims are unsupported by bankruptcy law and that any ruling in their favor could face challenges on appeal, potentially prolonging the process of restitution. The legal fray also involves a lawsuit filed by the New York Attorney General (AG), which could potentially lead to the state appropriating the disputed funds for restitution, further complicating the legal landscape.

DCG 的律師辯稱，受害者的主張不受破產法支持，任何對他們有利的裁決都可能面臨上訴挑戰，可能會延長賠償程序。這場法律糾紛還涉及紐約總檢察長 (AG) 提起的訴訟，這可能會導致紐約州撥款有爭議的資金用於歸還，使法律環境更加複雜。

Investors Left in Limbo

投資者陷入困境

As victims brace for further delays, they are left questioning the integrity of the crypto industry and the motivations of its key players. The ongoing saga has cast a shadow over what was once touted as a transformative financial technology, raising concerns about the protection of investor funds and the accountability of industry leaders.

當受害者準備迎接進一步的延誤時，他們開始質疑加密貨幣產業的完整性及其主要參與者的動機。正在進行的傳奇故事給曾經被譽為變革性金融技術的技術蒙上了陰影，引發了人們對投資者資金保護和行業領導者責任的擔憂。