DCG, CEO Silbert Seek Dismissal of Gemini Suit They Dub a Smear

Barry Silbert and Digital Currency Group asked a US court to throw out a lawsuit by the Winklevoss twins’ crypto exchange Gemini Trust Inc. that accuses the company and its leader of fraud.

DCG and Silbert filed a motion to dismiss in Manhattan federal court Thursday, claiming Gemini fails to properly claim fraud and accusing the company and founders Cameron and Tyler Winklevoss of engaging in a “character assassination campaign” against DCG and Silbert.

Gemini sued DCG and Silbert last month in New York, alleging they engaged in “fraud and deception.”The dispute stems from DCG crypto lending unit Genesis ...