CoinFLEX CEO claims investor Roger Ver personally owes the exchange $47M USDC

2 years ago

Mark Lamb, CEO of CoinFLEX, tweeted June 28 that Roger Ver owes the speech $28 cardinal USDC and has been issued a announcement of default.

Roger Ver owes CoinFLEX $47 Million USDC. We person a written declaration with him obligating him to personally warrant immoderate antagonistic equity connected his CoinFLEX relationship and apical up borderline regularly. He has been successful default of this statement and we person served a announcement of default.

— Mark Lamb 💪 (@MarkDavidLamb) June 28, 2022

Roger Ver instantly responded via Twitter, stating that helium owed CoinFLEX thing and, successful fact, the speech owed him money.

Recently immoderate rumors person been
spreading that I person defaulted connected a
debt to a counter-party. These rumors
are false. Not lone bash I not person a debt
to this counter-party, but this counter-
party owes maine a important sum of
money, and I americium presently seeking the
return of my funds.

— Roger Ver (@rogerkver) June 28, 2022

Lamb added further commentary to his archetypal thread stating.

“CoinFLEX besides categorically denies that we person immoderate debts owing to him. His connection is blatantly false. It is unfortunate that Roger Ver needs to edifice to specified tactics successful bid to deflect from his liabilities and responsibilities.”

The indebtedness allegedly comes from a borderline trading relationship held successful Ver’s idiosyncratic name. The relationship has been said to beryllium successful “negative equity,” Ver has failed to apical it up to a level required by a written contract. Prior to the default notice, Lamb states that Ver has had a way grounds of “topping up” his borderline account. Efforts to resoluteness the concern via calls person allegedly resulted successful the relationship remaining successful default.

CoinFLEX paused withdrawals amid marketplace turmoil recently. The move was overturned done the merchandise of a caller token named rvUSD. In a remark regarding CoinFLEX’s interior liquidity issues, FatManTerra commented.

Let maine get this straight… CoinFLEX tried selling indebtedness tokens to radical without revealing the debtor's name, portion knowing the debtor successful question is refusing to wage up? Looks similar the crypto abstraction is speedrunning the 2008 CDO/CDS scenario, but with mode much scamming.

— FatMan (@FatManTerra) June 28, 2022

This is simply a processing story, and further accusation whitethorn beryllium added to this article.

The station CoinFLEX CEO claims capitalist Roger Ver personally owes the speech $47M USDC appeared archetypal connected CryptoSlate.

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