What happened with @CoinFLEXdotcom and their decision to freeze customer withdrawals?
CEO @MarkDavidLamb joins @AshBennington in a revealing interview to discuss the state of the company, what went wrong & whether there is a way back.
LIVE 👇 https://t.co/P9DLl9vfhX
Roger Ver owes CoinFLEX $47 Million USDC. We have a written contract with him obligating him to personally guarantee any negative equity on his CoinFLEX account and top up margin regularly. He has been in default of this agreement and we have served a notice of default.
!!! WHAT-THE-HECK BREAKING !!! Multi-billionaire, World's first Investor in Bitcoin startups including https://t.co/VyddqQRYk0, https://t.co/QBW0BNHP5G, Ripple, https://t.co/eHxAogdY6T, BitPay, Kraken @rogerkver has defaulted on @CoinFLEXdotcom 's just 47 million debt!
CoinFLEX also categorically denies that we have any debts owing to him. His statement is blatantly false. It is unfortunate that Roger Ver needs to resort to such tactics in order to deflect from his liabilities and responsibilities.
The CEO of CoinFLEX has just confirmed that Roger Ver is indeed the individual who owes them the $47m debt and that the claim by Ver of them owing him money is categorically false. Roger has failed to meet their latest margin call on his BCH long position.
A verified insider has confirmed that the "high net worth individual" who owes CoinFLEX money is Bitcoin Cash advocate & CoinFLEX shareholder Roger Ver. Ver had a long on BCH, and the platform allowed him to run a deficit because he personally guaranteed he would pay them back.
Roger Ver owes CoinFLEX $47 Million USDC. We have a written contract with him obligating him to personally guarantee any negative equity on his CoinFLEX account and top up margin regularly. He has been in default of this agreement and we have served a notice of default.