CoinFLEX CEO Alleges Roger Ver defaulted on $47 million loan…

CoinFLEX CEO Mark Lamb accused investor Roger Ver of breaching a $47 million loan in USDC, which he immediately denied.

Lamb said Tuesday on Twitter.that the contract required Ver to “guaranteed interest in negative equity” and that he was notified of the default, while Ver also wrote on Twitter. that the rumors that he had defaulted on his loan payments were false.

Roger Ver. saidHe did not “default on his counterparty,” but instead, it was the crypto companies that owed him. “Huge amounts” and are looking for a way to recover.

Last week CoinFLEX stopped all withdrawals from users. by referring to market conditions and “Continued uncertainty associated with counterparties”

last monday The company has announced that it isLaunch a new token atNamed Recovery Value USD (rvUSD) — with an initial value of $47 million, the same amount Lamb claims Ver owes.

On Twitter, Lamb continued on Ver’s denial: “He denied the debt was his. So we feel the need to clarify to the public that yes. The debt is 100% related to his account,” Lamb said. “Unfortunately, Roger Ver had to use that strategy to divert his responsibility.”

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