'Bitcoin Jesus' Roger Ver Spars With Crypto Exchange CoinFlex Over Margin Call – Bloomberg

'Bitcoin Jesus' Roger Ver Spars With Crypto Exchange CoinFlex Over Margin Call – Bloomberg

Blockchain Crypto Market Technology
July 3, 2022 by Coinvasity
26
Bloomberg View columnist Barry Ritholtz looks at the people and ideas that shape markets, investing and business.The market-churning drama of the GameStop saga alerted more people than ever to the allure, and risks, of day trading. Can anyone do it? Is now the right time? Here’s what you need to know before diving in.UK PM
wp-header-logo-27.png

Bloomberg View columnist Barry Ritholtz looks at the people and ideas that shape markets, investing and business.
The market-churning drama of the GameStop saga alerted more people than ever to the allure, and risks, of day trading. Can anyone do it? Is now the right time? Here’s what you need to know before diving in.
UK PM and Chancellor Unified in Announcing ‘Single Biggest Tax Cut in a Decade’
American Airlines Says Trips Restored After Technical Glitch
Tesla Receives Recall Order From Germany for Models Y and 3
Social Media Buzz: Wyoming Debate, Musk Meets the Pope
Johnson’s Party Faces Probe Into Hospital Vow as Scandals Mount
Argentina Economy Minister Guzman Resigns as Divisions Grow
Safra Scion Looks to Walk Away From Family Banking Empire With $5 Billion
Home Sellers Are Slashing Prices in Sudden Halt to Pandemic Boom
Wallace Says His Frustrations Result From His Passion to Win
Popular Pakistani Restaurant Stands Test of Time in Dubai
Trump Didn’t Get His Hollywood Ending
America’s Period Taboo Will Outlast the Tampon Shortage
Plastic-Munching Bacteria Offer Hope for Recycling
The Lottery Lawyer Won Their Trust, Then Lost Their Mega Millions
Gangs Are Fake-Killing People in India for Insurance Payouts
Sports Reporter by Day, Political Revolutionary by Night
Harris Links Abortion and Voting Rights, Says Fight Must Go On
Hugo Speer Fired From Disney Reboot After ‘Inappropriate Conduct’ Claims
London’s Pride Parade Returns After Pandemic Hiatus
US Testing New Fire Retardant, Critics Push Other Methods
Greece Gets European Assistance for Summer Wildfire Season
The Secret Sauce That’s Made Slutty Vegan a $100 Million Chain
Cities Seek Alternatives to Gas Tax Holidays
The Disappearing Street Vendor Art of Mexico City
MicroStrategy’s Bitcoin Holdings Take a Record $3.4 Billion Hit
Crypto Billionaire Sam Bankman-Fried Inks BlockFi Deal, Eyes Distressed Miners Next
Crypto’s Brutal Week Ends With a Trading Halt and a Bailout
Roger Ver
,
, and

A public dispute between a longtime crypto investor and a digital-asset exchange is the latest in a series of mini-crises that have rocked crypto markets in recent weeks. 
CoinFlex, a crypto exchange, on Tuesday named Roger Ver as the counterparty who failed to pay $47 million of stablecoin in a margin call. CoinFlex had previously disclosed a liquidity issue that led to the exchange pausing withdrawals. CoinFlex CEO Mark Lamb said in a tweet that the company served Ver, who is an investor in the exchange and was an early promoter of Bitcoin, with a notice of default. 

source

Add a comment