2 years ago
Summary:
- Crypto assemblage member, FatMan Terra, has suggested that Roger Ver is the precocious nett worthy idiosyncratic who allegedly owes CoinFLEX $47 million.
- CoinFLEX has released plans to motorboat a betterment token to rise funds to screen the $47 cardinal deficit.
- Bitcoin Cash’s Roger Ver has since denied the allegations.
Terra and Crypto Twitter assemblage subordinate @FatManTerra has suggested that Roger Ver is the precocious nett worthy idiosyncratic who owes CoinFLEX $47 million. @FatManTerra besides added that CoinFLEX allowed him ‘to tally a shortage due to the fact that helium personally guaranteed helium would wage them back.’ He explained:
A verified insider has confirmed that the “high nett worthy individual” who owes CoinFLEX wealth is Bitcoin Cash advocator & CoinFLEX shareholder Roger Ver.
Ver had a agelong connected BCH, and the level allowed him to tally a shortage due to the fact that helium personally guaranteed helium would wage them back.
CoinFLEX Announces Plans to Raise $47 Million Through A Recovery Token.
@FatManTerra’s mentation comes from quality that CoinFLEX was planning to rise $47 cardinal done a betterment token, rvUSD. The token volition beryllium issued astatine a complaint of 1 USDC per rvUSD, with a maximum of 47 cardinal being allocated.
According to the rvUSD whitepaper by CoinFLEX, the betterment token motorboat is the effect of a precocious nett worthy idiosyncratic owing the level precisely $47 million. They explained:
rvUSD is simply a token issued by Liquidity Technologies Ltd. (“CoinFLEX”) related to an outstanding indebtedness owed by a definite precocious nett worthy idiosyncratic (the “Individual”) to CoinFLEX.
The Individual is simply a agelong clip lawsuit of the CoinFLEX level and during the caller marketplace volatility, his relationship went into antagonistic equity. In mean circumstances, we would auto-liquidate a presumption that runs debased connected equity astatine prices that are anterior to the zero-equity price.
In this case, the Individual had a nonliquidation recourse account, a information that means they volition not beryllium liquidated successful speech for personally guaranteeing their relationship equity successful writing.
Roger Ver Denies Rumors That He is the High Net Worth Individual Behind CoinFLEX’s Woes.
However, Bitcoin Cash’s Roger Ver has since issued a connection via Twitter debunking rumors that helium is the idiosyncratic who owes CoinFLEX $47 million.
In his explanation, Mr. Ver pointed retired that helium owes nary indebtedness to the ‘counter-party.’ Furthermore, the counter-party really owes him money, and helium is presently ‘seeking the return’ of his funds.
His statement connected the full situation, including a effect from @FatManTerra, tin beryllium seen successful the pursuing screenshot.
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