Cryptocoins News / EthereumWorldNews - 2 years ago
Summary: CoinFLEX has announced the resumption of crypto exchange trading services. However, withdrawals will be limited to 10% of user funds as 90% of all users’ assets are locked. The CoinFLEX crypto exchange has announced the resumption of pre...
Bitcoin News / Google News Bitcoin - 2 years ago
Trading platform CoinFLEX today announced limited withdrawals for customers after freezing them last month amid a dispute with prominent crypto investor Roger “Bitcoin Jesus” Ver. The company said in a Thursday blog post that users can now take out...
Cryptocoins News / CoinJournal - 2 years ago
After pausing withdrawals last month, CoinFLEX has today announced the resumption of withdrawals. CoinFLEX announced it will enable limited withdrawals for all its users this week as it continues to work on its recovery plans. Starting at 5 am UTC (...
Cryptocoins News / The Cointelegraph - 2 years ago
Cryptocurrency exchange CoinFLEX is partially reopening user withdrawals, raising cautious optimism that the company was gradually recovering from liquidity constraints that were triggered by a high-profile client default. Beginning at 5 am UTC on...
by COINS NEWS - 2 years ago
People can't 'riot' over this, because BCH and SmartBCH forum admins are banning anyone who questions it effectively, particularly Roger Ver's involvement in it due to allegedly making bad bets without supplying collateral as promised, leaving CoinF...
Cryptocoins News / CoinJournal - 2 years ago
Crypto exchange CoinFlex, which recently paused customer withdrawals amid liquidity stress, and revelations that crypto investor Roger Ver owed $47 million in failed repayments, has instituted legal action to recover even more from the pioneer crypt...
Bitcoin News / Google News Bitcoin - 2 years ago
Cryptocurrency exchange CoinFLEX said it has commenced arbitration in Hong Kong to recover $84 million from a single customer. What Happened: In a blog post on Saturday, the platform's founders Sudhu Arumugam and Mark Lamb said they were optimistic...
Cryptocoins News / The Cointelegraph - 2 years ago
Crypto investment platform CoinFLEX is moving forward with its plan to reclaim $84 million in funds by starting arbitration procedures in Hong Kong against an individual account holder. Co-founders Sudhu Arumugam and Mark Lamb acknowledged in their...
Cryptocoins News / Blockchain - 2 years ago
CoinFLEX, a Hong Kong-based physical futures crypto exchange, announced last Saturday that it has taken legal action to recover $84 million from a single long-term serving client. Last month, the exchange suspended withdrawals after a counterparty...
Cryptocoins News / Finance Magnates - 2 years ago
CoinFlex to sue Roger Ver for refusing to pay millions of dollars to CoinFlex for a leveraged position that was liquidated. Traders that wish to leverage their positions are automatically liquidated when they fall below the required threshold. Take...
Cryptocoins News / EthereumWorldNews - 2 years ago
Summary: The team at CoinFLEX has stated that they have a deficit of $84 million originating from ‘a large individual customer’ that had earlier been identified as Roger Ver. Initially, the deficit was estimated at $47 million, but this value did...
Bitcoin News / Google News Bitcoin - 2 years ago
In the second half of Benzinga’s latest “Moon or Bust”crypto livestream hosts Ryan McNamara and Aaron Bry interviewed Mark Lamb, co-founder and CEO of CoinFLEX, a company committed to providing institutions and retail investors an easily accessible...
by COINS NEWS - 2 years ago
submitted by /u/EZLIFE420 [link] [comments]
Bitcoin News / Bitcoinist - 2 years ago
Crypto exchange, CoinFLEX might not lift the ban on user withdrawals just yet. The exchange had put a halt to crypto withdrawals last month and was supposedly ready to resume the withdrawals this week, Thursday. CEO Mark Lamb clarified that it is now...
Cryptocoins News / The Cointelegraph - 2 years ago
Crypto exchange CoinFlex is “unlikely” to resume withdrawals on Thursday as it had originally hoped, according to its CEO Mark Lamb, as the company continues to search for buyers of its $47 million bad debt. Speaking to CNBC on Wednesday, Lamb said t...
Cryptocoins News / Finance Magnates - 2 years ago
Coin Futures Lending Exchange (CoinFLEX) issued a new token called Recovery Value USD (rvUSD) on Tuesday. Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Asset...
Cryptocoins News / Blockchain - 2 years ago
CoinFlex CEO Mark Lamb has revealed through a Twitter thread that crypto investor Roger Ver owes the company $47 million in USDC. The Bitcoin.com founder's failure to repay CoinFlex has halted withdrawals from the crypto exchange since last week. L...
Cryptocoins News / The Cointelegraph - 2 years ago
Roger Ver, an early Bitcoin investor and Bitcoin Cash (BCH) proponent, has pushed against claims from crypto investment platform CoinFLEX regarding an alleged $47-million debt.In a Tuesday tweet, Ver — not mentioning CoinFLEX by name — said he had no...
by COINS NEWS - 2 years ago
submitted by /u/CeramicDrip [link] [comments]
More / Etherum Reddit - 2 years ago
CoinFLEX said last week it was halting withdrawals amid market declines and counterparty uncertainty. Physical futures crypto exchange CoinFLEX will launch a Recovery Value USD (rvUSD) Token after recently halting withdrawals stemming from an outstan...
Cryptocoins News / Blockchain - 2 years ago
CoinFlex has announced plans to raise funds by issuing a new token that will offer a 20% annual return, according to a report from Bloomberg. The new token is part of an effort to resume withdrawals following an individual's account holds a negativ...
Cryptocoins News / The Cointelegraph - 2 years ago
Crypto investment platform CoinFLEX aims to rectify its liquidity shortage and restart user withdrawals by selling off bad debt through a new $47 million token offering.The new token is known as Recovery Value USD (rvUSD) and will be worth $1.00 each...
Cryptocoins News / Blockchain - 2 years ago
CoinFlex has announced plans to raise funds by issuing a new token that will offer a 20% annual return, according to a report from Bloomberg. The new token is part of an effort to resume withdrawals following an individual’s account holds a negativ...
by COINS NEWS - 2 years ago
submitted by /u/DoubleFaulty1 [link] [comments]
by COINS NEWS - 2 years ago
submitted by /u/big--if-true [link] [comments]
