Troubled Exchange CoinFLEX Confirms Bitcoin.com’s Executive Chairman Owes It $47M
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CoinFLEX CEO Mark Lamb says Bitcoin.com executive chairman Roger Ver owes the exchange $47 million. Ver denies that he is the debtor and says the exchange owes him a substantial amount of money. The exchange halted withdrawals last week and announced it would issue a new token, rvUSD, to stabilize its balance sheet. Ver has been a proponent of a 2017 bitcoin fork, Bitcoin Cash (BCH), which was later split again into Bitcoin Cash ABC and Bitcoin Cash Satoshi’s Vision (BSV) Despite neither fork being embraced by the market as the canonical bitcoin, they currently rank at number 32 and 49 by market cap, with the cryptoassets together worth about $3 billion, or about 0.7% the value of BTC. Source