Genesis 破产事件引发不确定性，引发对行业诚信度的怀疑

在 2024 年牛市中，巴里·希尔伯特 (Barry Silbert) 全额偿还 Genesis 破产受害者的协议遭到了他所采用的法律策略的抵制。尽管他拥有金融和加密货币背景，但他阻止支付的尝试让埃里克·阿斯奎斯（Eric Asquith）等投资者陷入了不确定性，他损失了超过 100 万美元。阿斯奎斯通过 Gemini 对 Genesis 的高风险企业进行的投资使他面临法律诉讼和对 Silbert 动机的审查，引发了人们对加密行业诚信度的质疑。

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

创世纪破产传奇：巴里·希尔伯特的法律举措给投资者还款带来了不确定性

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.

尽管达成了在预期的 2024 年牛市期间全额赔偿受害者的协议，但 Barry Silbert 持续的法律挑战让投资者陷入了困境，质疑加密货币行业的诚信及其主要参与者的动机。

The Genesis Collapse and Its Aftermath

创世纪崩溃及其后果

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 的数字货币集团 (DCG) 旗下的加密货币公司 Genesis 于 2023 年 1 月倒闭，给加密货币社区带来了冲击，让 Eric Asquith 等投资者的积蓄化为乌有。阿斯奎斯把他的资金委托给了泰勒和卡梅伦·文克莱沃斯拥有的加密货币交易所 Gemini，该交易所提供了一个名为 Earn 的高收益储蓄账户。他不知道的是，他的资金已被转入 Genesis 并用于风险投资。

A Glimmer of Hope and Subsequent Disappointment

一线希望和随之而来的失望

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，随着加密货币市场的复苏以及 FTX 前首席执行官 Sam Bankman-Fried 因欺诈罪被定罪，双方达成了一项协议，全额赔偿所有 Genesis 受害者。这一消息带来了一线希望，但当西尔伯特利用法律手段试图阻止支付时，希望很快就破灭了。西尔伯特认为，破产法规定受害者只能获得其投资当前价值的一小部分（基于申请破产时的价值）。

Legal Battle and Ongoing Scrutiny

法律斗争和持续审查

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.

随后发生的法律纠纷让投资者感到沮丧，并对他们的基金的命运感到不确定。预计将于四月做出裁决，但结果仍不确定。西尔伯特保留其挪用资金的努力受到了债权人和监管机构的严格审查。

Silbert's Background and Involvement in Bankruptcy

西尔伯特的背景和破产参与

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.

西尔伯特的背景为正在进行的传奇增添了几层阴谋。他早期经历的破产程序以及在金融和加密货币领域的成功职业生涯引发了人们对他动机的质疑。 Silbert 此前创立了非流动资产在线市场 SecondMarket，并建立了最大的比特币投资工具之一灰度比特币信托基金。

Bankruptcy Code Interpretation Dispute

破产法解释争议

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 破产案中，西尔伯特的辩护取决于对破产法规定的在特定日期以美元进行索赔估值的规定，这一日期恰逢比特币等加密货币的市场低点。债权人 Genesis 和 Gemini 的法律代表对这一立场提出了质疑，主张对数字资产进行比独特收藏品更公平的估值。

Legal Challenges and Potential Impact

法律挑战和潜在影响

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 的律师辩称，受害人的主张不受破产法支持，任何对他们有利的裁决都可能面临上诉挑战，从而可能会延长赔偿程序。这场法律纠纷还涉及纽约总检察长 (AG) 提起的诉讼，这可能会导致纽约州拨款有争议的资金用于归还，从而使法律环境进一步复杂化。

Investors Left in Limbo

投资者陷入困境

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.

当受害者准备迎接进一步的延误时，他们开始质疑加密货币行业的完整性及其主要参与者的动机。正在进行的传奇故事给曾经被誉为变革性金融技术的技术蒙上了阴影，引发了人们对投资者资金保护和行业领导者责任的担忧。