CoinFLEX CEO Says Roger Ver Owes Them USDC 47M, Ver Denies the Claim
Mark Lamb, CEO of crypto derivatives exchange and yield platform CoinFLEX, has revealed that the "high integrity" individual whose account went into negative equity during recent market volatility is the Bitcoin Cash (BCH) proponent Roger Ver.
The revelation came after Ver, who is also referred to as "Bitcoin Jesus," publicly denied rumors that he had defaulted on a debt to a counterparty.
"Recently some rumors have been spreading that I have defaulted on a debt to a counter-party. These rumors are false," Ver said in a Twitter post on Tuesday.
He even claimed that the counterparty owes him "a substantial sum of money."
Shortly after, Lamb disclosed that Ver owes CoinFLEX USDC 47m. He said they "have a written contract with him obligating him to personally guarantee any negative equity on his CoinFLEX account and top up margin regularly."
"He is denying that the debt pertains to him and so we felt the need to clarify to the public that yes - the debt is 100% related to his account," Lamb said, adding that they have already served a notice of default.
Lamb further stated that Ver may have "significant assets" in the US, the UK, and other "relevant" jurisdictions, adding:
"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."
According to pseudonymous crypto researcher FatMan, Ver had a long position on BCH, a fork of Bitcoin that was created in 2017. He said CoinFLEX allowed Ver "to run a deficit because he personally guaranteed he would pay them back."
As reported, CoinFLEX announced late Monday that they plan to tokenize the debt of a client into a
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