Ver, on the other hand, has #insisted the debt does not exist and that it is actually #CoinFLEX that owes him money

Ver had an ‘insider’ VIP account with #CoinFLEX which meant that CoinFLEX had agreed not to liquidate the account in exchange for #stringent personal guarantees around account equity

#CoinFLEX’s troubles began when one of its VIP clients—BCH founder Roger Ver—defaulted on a $84 million debt and #steadfastly refused to pay up.

Now approval has been given, #CoinFLEX will begin the process of emerging from #corporate reorganization

 Under the plan, #CoinFLEX creditors will own 65% of the #company, while Series

The plan was initially proposed by #CoinFLEX back in September 2022 as a way to keep ahead of a growing #liquidity crisis

#CoinFLEX, the embattled digital asset futures #exchange sent into chaos by Roger Ver

#CoinFLEX creditors/Series B will be the largest class of #shareholders, and we are also discussing other benefits.

#CoinFLEX said in a Jan. 16 blog post that it would be rebranded into the new #exchange:

The Open #Exchange (OPNX) was set up by Three Arrows Capital founders Su Zhu and Kyle Davies and #CoinFLEX founders Mark Lamb and Sudhu Arumugam.

#CoinFLEX began allowing users to withdraw 10% of their holdings in July and laid off #employees to reduce company costs. Nonetheless, it announced a restructuring plan on Sept. 21.

A #crypto exchange project initially proposed by 3AC and #Coinflex has now launched an official website and waitlist as of Feb.

3AC and #CoinFLEX launch website, waitlist for #crypto claims exchange

3AC and #CoinFLEX launch website, waitlist for #crypto claims exchange

A #crypto exchange project initially proposed by 3AC and #Coinflex has now launched an official website and waitlist as of Feb. 9

3AC and #CoinFLEX launch website, waitlist for #crypto claims exchange

A #crypto exchange project initially proposed by 3AC and #Coinflex has now launched an official website and waitlist as of Feb. 9

3AC and #CoinFLEX launch website, waitlist for #crypto claims exchange

A #crypto exchange project initially proposed by 3AC and #Coinflex has now launched an official website and waitlist as of Feb. 9

3AC and #CoinFLEX launch website, waitlist for #crypto claims exchange

A #crypto exchange project initially proposed by 3AC and #Coinflex has now launched an official website and waitlist as of Feb. 9

3AC and #CoinFLEX launch website, waitlist for #crypto claims exchange

A #crypto exchange project initially proposed by 3AC and #Coinflex has now launched an official website and waitlist as of Feb. 9

3AC and #CoinFLEX launch website, waitlist for #crypto claims exchange

A #crypto exchange project initially proposed by 3AC and #Coinflex has now launched an official website and waitlist as of Feb. 9

A #crypto exchange project initially proposed by 3AC and #Coinflex has now launched an official website and waitlist as of Feb. 9

3AC and #CoinFLEX launch website, waitlist for #crypto claims exchange

Binance Launches Institutional, #CoinFLEX Pauses Withdrawals, #US SEC Chief on Crypto Regulation

#CoinFLEX's USD 47M Recovery Token Plan Questioned by #Crypto Observers

#CoinFLEX CEO Says Roger Ver Owes Them USDC 47M, Ver Denies the #Claim

#CoinFLEX CEO Says Roger Ver Owes Them USDC 47M, Ver Denies the #Claim

#CoinFLEX's USD 47M Recovery Token Plan Questioned by #Crypto Observers

Binance Launches Institutional, #CoinFLEX Pauses Withdrawals, #US SEC Chief on Crypto Regulation

#CoinFLEX CEO Says Roger Ver Owes Them USDC 47M, Ver Denies the #Claim

#CoinFLEX's USD 47M Recovery Token Plan Questioned by #Crypto Observers

Binance Launches Institutional, #CoinFLEX Pauses Withdrawals, #US SEC Chief on Crypto Regulation

#CoinFLEX CEO Says Roger Ver Owes Them USDC 47M, Ver Denies the #Claim

#CoinFLEX's USD 47M Recovery Token Plan Questioned by #Crypto Observers

Binance Launches Institutional, #CoinFLEX Pauses Withdrawals, #US SEC Chief on Crypto Regulation

#CoinFLEX CEO Says Roger Ver Owes Them USDC 47M, Ver Denies the #Claim