Genesis subsidiary sues ‘Bitcoin Jesus’ for $20.86M

2023-1-25 09:15

A subsidiary of bankrupt crypto lender Genesis — GGC International Limited — filed a $20.86 million claim against Bitcoin Cash (BCH) proponent Roger Ver, according to a Jan. 23 court filing.

The embattled firm alleged that Ver failed to settle cryptocurrency options trades that expired on Dec. 30, 2022.

The bankrupt company also wants the court to award it the fees it expended in bringing the case against Ver.

Ver has to answer the allegations within the next 20 days — otherwise, a judgment would be taken against him by default.

GGC is a British Virgin Islands company fully owned by Genesis.The company carries out spot trading activity and enters into derivatives referencing digital assets as a principal, according to the bankrupt lender website.

Meanwhile, crypto exchange CoinFLEX previously accused Roger Ver of owing it $47 million USDC. The exchange later filed a $84 million claim against the investor — Ver denied these allegations.

The post Genesis subsidiary sues ‘Bitcoin Jesus’ for $20.86M appeared first on CryptoSlate.

origin »

Bitcoin price in Telegram @btc_price_every_hour

Genesis Vision (GVT) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: -0.03 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 1.2838 (-100%)

genesis bitcoin subsidiary 86m sues jesus january

genesis bitcoin → Результатов: 126


Genesis Trading и Grayscale Bitcoin Trust расторгли соглашение о сотрудничестве

Стороны уведомили Комиссию по ценным бумагам и биржам США о выходе компании Genesis из участников Grayscale Bitcoin Trust и расторжении соглашение о маркетинговой поддержке.

2022-10-6 06:10


Фото:

Melania Trump Celebrates Bitcoin Despite Donald Trump Predicting An Ultimate ‘Crypto Explosion’

On Monday, the crypto community marked Bitcoin’s 13th anniversary since the Genesis Block in an event that saw Melania Trump marvel at Satoshi Nakamoto’s life-changing invention. Sharing a screenshot of Block 0, the first lady, who is now fast becoming a force to reckon with in the blockchain industry, shared her joy over the first block […]

2022-1-4 11:27


Institutions Exploring Yield Opportunities Across Layer 1s With “Greater Borrowing Appetite” for ETH – Genesis Q3 Report

Crypto lender Genesis reported a record $35. 7 billion in loan organizations for the quarter third of 2021, up 40% from the previous quarter and a growth of 586% year-over-year. In its Q3 report, the company noted the continuous institutionalization of Bitcoin has made it less attractive to more opportunistic traders.

2021-11-5 16:55


StackSwap Completes $1.3 Million Round To Implement The World’s First DEX On Top Of The Bitcoin Network

StackSwap’s plans to launch the first decentralized exchange on the Bitcoin network just finished their first private round. After raising $1. 3 million, with a leading investment from the Stacks Foundation, and major international investors such as HashKey, Genesis Block Ventures (GBV), and SOSV, the project is set to launch in November.

2021-11-5 14:38