CoinFLEXReal

A dive into the nefarious acts of Su Zhu, Kyle Davies & Mark Lamb. Help us bring justice to our industry.

[CoinFLEXReal @CoinFLEXreal]

The @CoinFLEXdotcom Twitter account and the https://t.co/kKWlp6fLIM website are currently controlled by Mark Lamb and/or his associates through unauthorized use of company assets by a former director.

Summary of Events:

1) Initial Events - https://t.co/HEyxEqsXDQ

2) We have stabilized the company by addressing unpaid staff, and other significant debts left by the previous management of CoinFLEX and operators of OPNX (Mark Lamb, Leslie Lamb, Su Zhu, and Kyle Davies). This also involved counteracting attempts to force CoinFLEX into liquidation while OPNX operated using CoinFLEX assets.

3) In August 2023, Mark Lamb signed a settlement agreement that primarily protected himself and agreed to support a claim of a defaulting counterparty against another party. This was contrary to legal advice provided to the company throughout the restructuring phase.

4) The board’s priority has been to set aside this settlement agreement to pursue creditor recovery. This has been an ongoing effort for two years, with expected developments in the coming months. We view this as the primary source of creditor recovery, and protecting this claim was the original intention of the restructuring.

5) In Oct 2023, a court order required Mark Lamb and OPNX to surrender CoinFLEX assets and information to the company, including the website and social media profiles being used, and to account for tens of millions USD in transactions and spending. These assets and funds remain withheld, misused, or unaccounted for.

6) On July 31st 2025, the Supreme Court of Seychelles ruled that Mark Lamb did not have authority to settle the dispute with the defaulting counterparty, and found him in contempt of Seychelles court for failing to properly follow the restructuring order.

This group offers no evidence, no representation, no credible claims, and no recovery plan, yet requests sensitive account details from creditors. We are unaware of any “new evidence” as Mark Lamb has repeatedly refused to turn over company documents and information.

We invite the professional U.S. legal team they reference to contact us and present verifiable evidence for independent review.

[CoinFLEX @CoinFLEXdotcom]

Are CoinFLEX creditors getting the full story? Beyond the Ver case, new evidence shows a
$101M insider withdrawal by Mike Komaransky helped cause the collapse. We are taking
action to recover it. Join the lawsuit: https://t.co/ccZXPuiALW #CoinFLEXCreditors #Crypto

[CoinFLEXReal @CoinFLEXreal]

17/ The Tender offer raises substantial concerns from various angles and demands scrutiny and rejection.

Mark Lamb's track record combined with the hidden terms and glaring lack of information, sparks major concerns - highlighting his continuous desire to screw creditors again.

[CoinFLEXReal @CoinFLEXreal]

Based on the recent thread published by Mark Lamb of OPNX, we believe it's crucial to dissect the suggested Tender Offer and reveal some facts.

They are concerning. 👇

(1/17)

[CoinFLEXReal @CoinFLEXreal]

16/ It's not just about potential financial gain, it's about trading your rights for a dubious, valueless, offer.

Yet, Mark has disclaimed any liability for misrepresentations involved in the Tender offer.

[CoinFLEXReal @CoinFLEXreal]

@zhusu @KyleLDavies @MarkDavidLamb Let’s restore some semblance of integrity back to our industry.

Help us send a strong message by joining the fight. Support our efforts to investigate wrongdoing, to pursue @zhusu, @KyleLDavies & @MarkDavidLamb and find justice for creditors.

[CoinFLEXReal @CoinFLEXreal]

We’ve uncovered evidence to show how @CoinFLEXdotcom founder @MarkDavidLamb, with @zhusu & @KyleLDavies of 3AC, used creditor assets as their personal piggy bank.

We owe it to the industry to take out the trash. Our fight starts today.

Here’s the full story 🧵

[CoinFLEXReal @CoinFLEXreal]

Call them out: if you have been a victim of @zhusu, @KyleLDavies & @MarkDavidLamb’s grifts, retweet this post and share your stories.