Roger Ver Denies Default On CoinFLEX 47 Million USDC? What Is The Truth?

CoinFLEX says Roger Ver defaulted on CoinFLEX 47 million USDC. The exchange had previously suspended withdrawals due to this. Roger Ver said these rumors are false and CoinFLEX owes him money.

Roger Ver denies information from CoinFLEX

Roger Ver, an early Bitcoin investor and Bitcoin Cash proponent, has countered claims from crypto investment platform CoinFLEX regarding the alleged $47 million in debt.

In a tweet Tuesday, Ver – without referring to CoinFLEX by name – said he was not “indebted to an opposing party” and accused the crypto company of owing him “a substantial amount of money.” This denial follows rumors on social media that the BCH proponent was involved in the platform stopping withdrawals due to “a highly networked client who has stakes in multiple crypto companies.” big electronics” failed to pay their debt.

CoinFLEX CEO Mark Lamb took to Twitter shortly after announcing that the company had a written contract with Ver that “required him to personally secure any negative equity.” on his CoinFLEX account and make a regular deposit.” According to Lamb, CoinFLEX sent Ver a notice of default and “has been talking to him regularly about the situation for the purposes of settlement,” claiming the company does not owe him anything.

“It is unfortunate that Roger Ver needs to use such tactics to escape his obligations and responsibilities,”

the CoinFLEX CEO said.

The price of CoinFLEX’s native token (FLEX) has dropped more than 85,3% in the past 30 days, dropping from $1.19 to $0.80 following Lamb and Ver’s statement on Twitter.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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