Bitcoin News / Google News Bitcoin - 1 year 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 - 1 year 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 - 1 year 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 Exchanges / Binance - 1 year ago
The first I might do might be having that zero.01 btc on flexible at 5% so you can start stacking sats, little by little. With that executed then in case you are younger or considering longterm those products that you simply mention beats each regul...
by COINS NEWS - 1 year ago
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Cryptocoins News / Finance Magnates - 1 year 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 - 1 year 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 - 1 year 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...
Bitcoin News / Bitcoinist - 1 year 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 Exchanges / Binance - 1 year ago
Hi does anyone know where the interest comes from on flexible savings? Like what do they do with your tokens is there any risk? submitted by /u/randysailer [link] [comments]
Cryptocoins Exchanges / Binance - 1 year ago
Is the flexible interest currency stored in the spot wallet? Alternatively; can u pay with the binance Visa card when all the assets are flexible earnings? submitted by /u/Us3rn4m3d3f4ult [link] [comments]
Cryptocoins News / The Cointelegraph - 1 year 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 / The Cointelegraph - 1 year ago
Bitcoin (BTC) has hit new record highs this week — not in U.S. dollar terms, but against its longtime competitor, Bitcoin Cash (BCH).Data from Cointelegraph Markets Pro and TradingView confirms that on June 29, BCH/BTC officially set its lowest ever...
Cryptocoins News / Finance Magnates - 1 year 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 - 1 year 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...
Bitcoin News / Google News Bitcoin - 1 year ago
Bitcoin (BTC) has hit new record highs this week — not in U.S. dollar terms, but against its longtime competitor, Bitcoin Cash (BCH).
Data from Cointelegraph Markets Pro and TradingView confirms that on June 29, BCH/BTC officially set its lowest eve...
Cryptocoins News / The Cointelegraph - 1 year 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...
More / Etherum Reddit - 1 year 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 - 1 year 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 - 1 year 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 - 1 year 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...