Crypto exchange CoinFlex probably won't resume withdrawals Thursday as planned, says CEO
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CoinFlex is in talks with several large funds interested in buying the $47 million in debt allegedly owed by investor Roger Ver, CEO Mark Lamb says. The exchange is the latest victim of the cryptocurrency price crash that has seen billions of dollars wiped off the market in the latest "crypto winter" Bitcoin has lost more than 50% of its value this year and is off about 70% from its all-time peak last November, while ether is down 70% this year. The company is issuing a token called Recovery Value USD, or rvUSD, and enticing investors with a 20% interest rate for holding the virtual currency. Ver was not immediately available for comment on this story when contacted by CNBC. He has denied that he owes the money. Source