Ver, the early adopter of cryptocurrency technology who earned the moniker of “bitcoin jesus,” was involved in a dispute over funds with now-bankrupt crypto broker genesis. on monday, a summons was filed in new york state supreme court by ggc international, a unit of genesis global, alleging ver owes the company $20,869,788. coinflex ceo mark lamb also claimed on twitter that ver owes the company $47 million. ver responded to the claim, arguing that he has sufficient funds to pay the debt and that genesis was required by their agreement to remain solvent.
Dispute between ver and genesis took place on monday when the summons was filed in new york state supreme court. ver also responded to a post in the bitcoin subreddit asking if he had been “rekt,” and posted a screenshot of his comment on twitter. the dispute between ver and coinflex began last year when coinflex halted withdrawals in june due to liquidity problems. ver is currently seeking the return of his funds from coinflex.
Dispute between ver and genesis happened because ver allegedly owes the company $20,869,788. ver claims he has sufficient funds to pay the debt, and that genesis was required by their agreement to remain solvent. ver is also seeking the return of his funds from coinflex, whom he owes $47 million. genesis has more than $150 million to fund its restructuring efforts.