The high net-worth (HNI) individual, Roger Ver, CEO of Bitcoin.com, allegedly owes CoinFLEX $47 million, causing the exchange’s withdrawal problems and announcing plans to release a recovery token to assist raise funds to settle the $47 million gap, so it has been reported.
The allegation that Roger Ver owed CoinFLEX $47 million broke when Terra and crypto Twitter community member FatManTerra spoke on the matter. CoinFLEX let Ver run a deficit since he provided a personal assurance that he would repay the exchange, according to the Twitter user. He added that the information was validated by a certified source.
A verified insider has confirmed that the "high net worth individual" who owes CoinFLEX money is Bitcoin Cash advocate & CoinFLEX shareholder Roger Ver. Ver had a long on BCH, and the platform allowed him to run a deficit because he personally guaranteed he would pay them back. https://t.co/0lyETbH0PD
— FatMan (@FatManTerra) June 28, 2022
CEO of CoinFLEX, Mark Lamb, shared on Twitter confirming that Roger Ver did owe CoinFLEX 47 million USDC, following FatManTerra’s announcement regarding the CoinFLEX fiasco. CoinFLEX has a contractual agreement with Ver that required him to personally guarantee any negative equity on his CoinFLEX account, Lamb disclosed.
Roger Ver owes CoinFLEX $47 Million USDC. We have a written contract with him obligating him to personally guarantee any negative equity on his CoinFLEX account and top up margin regularly. He has been in default of this agreement and we have served a notice of default.
— Mark Lamb 💪 (@MarkDavidLamb) June 28, 2022
These allegations by Mark Lamb were thrown down shortly after when ‘Bitcoin Jesus’ took to Twitter as well to deny any debt in his name. He even threw back the accusations at CoinFlex, which allegedly owed Ver a considerably large amount of money.
Recently some rumors have been
spreading that I have defaulted on a
debt to a counter-party. These rumors
are false. Not only do I not have a debt
to this counter-party, but this counter-
party owes me a substantial sum of
money, and I am currently seeking the
return of my funds.
— Roger Ver (@rogerkver) June 28, 2022
Yet, the truth about who owes who money, in reality, has not yet been disclosed, as speculation continues.