The CEO of CoinFLEX claims that Roger Ver owes the crypto lender $47 million, which Ver categorically denies.
According to CoinFLEX CEO Mark Lamb, the reported earlier large counterparty responsible for the crypto exchange’s $47 million debt is none other than Bitcoin celebrity Roger Ver.
Lamb stated on Twitter that Ver had received a default notice for failing to meet his margin requirements.
Lamb made the announcement shortly after Ver tweeted those rumors of his default to a counterparty were false.
“Not only do I not owe this [counterparty] any money, but this [counterparty] owes me a substantial sum of money, and I am currently seeking the return of my funds,” Ver wrote.
Ver’s denial prompted Lamb to “clarify to the public that yes – the debt is 100% related to [Ver’s] account” and that “CoinFLEX also categorically denies that we have any debts owing to him,” insisting the accusation was a tactic by Ver to “deflect from his liabilities and responsibilities.”
CoinFLEX instead decided to create the rvUSD token in order to monetize their liability. Officially known as Recovery Value USD, the coin also bears Roger Ver’s initials, possibly by coincidence. Roger Ver is a pioneering Bitcoin investor and social media influencer. His evangelistic marketing style earned him the moniker “Bitcoin Jesus,” and he currently serves as the Executive Chairman of Bitcoin.com.
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