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Bitcoin Jesus Is Suing Matrixport’s Smart Vega Over $8M Frozen Funds


Nov, 06, 2023
< 1 min read
by CoinEdition
  • Crypto angel investor Roger Ver has sued Smart Vega, a subsidiary of Matrixport.  
  • Ver’s lawsuit alleges Matrixport’s Jihan Wu froze the withdrawal of $8 million of his funds.  
  • The case is an episode in the CoinFlex collapse saga, which Ver is alleged to have caused.

Crypto angel investor and “Bitcoin Jesus” Roger Ver is locked in a legal battle with crypto financial services firm Matrixport over the freezing of funds amounting to $8 million. Ver’s lawsuit has charged Smart Vega, a Matrixport subsidiary, with freezing his funds. The suit alleges that Jihan Wu, co-founder of Matrixport, is behind the freeze.

Ver said Wu blocked his attempts to withdraw $8 million from Smart Vega’s derivatives-focused platform, Bit.com. The withdrawal was blocked over Ver’s alleged involvement in the collapse of the CoinFlex exchange.

In t…

The post Bitcoin Jesus Is Suing Matrixport’s Smart Vega Over $8M Frozen Funds appeared first on Coin Edition.

Read the article at CoinEdition

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Bitcoin Jesus Is Suing Matrixport’s Smart Vega Over $8M Frozen Funds


Nov, 06, 2023
< 1 min read
by CoinEdition
  • Crypto angel investor Roger Ver has sued Smart Vega, a subsidiary of Matrixport.  
  • Ver’s lawsuit alleges Matrixport’s Jihan Wu froze the withdrawal of $8 million of his funds.  
  • The case is an episode in the CoinFlex collapse saga, which Ver is alleged to have caused.

Crypto angel investor and “Bitcoin Jesus” Roger Ver is locked in a legal battle with crypto financial services firm Matrixport over the freezing of funds amounting to $8 million. Ver’s lawsuit has charged Smart Vega, a Matrixport subsidiary, with freezing his funds. The suit alleges that Jihan Wu, co-founder of Matrixport, is behind the freeze.

Ver said Wu blocked his attempts to withdraw $8 million from Smart Vega’s derivatives-focused platform, Bit.com. The withdrawal was blocked over Ver’s alleged involvement in the collapse of the CoinFlex exchange.

In t…

The post Bitcoin Jesus Is Suing Matrixport’s Smart Vega Over $8M Frozen Funds appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Ex-Twitter CEO Jack Dorsey Says Bitcoin Will Reach $1 Million, Here’s When

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Jack Dorsey, the former CEO of X (formerly Twitter) has predicted when Bitcoin will r...
May, 11, 2024
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Why is Bitcoin (BTC) Price Down?

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Wondering why the price of Bitcoin (BTC) is going down? Let's explore what's causing ...
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