Roger Ver, aka “Bitcoin Jesus” filed a lawsuit in the Seychelles last August against a branch of Matrixport, a company associated with billionaire Jihan Wu. The decision was prompted by Ver’s inability to access $8 million from Matrixport’s derivatives-focused subsidiary, bit.com, during the crypto market’s drawdown in 2022.
The legal action had not been previously disclosed.
Roger Ver’s Lawsuit Against Matrixport CEO
According to Ver, the lawsuit against Smart Vega Holding Limited, a subsidiary of Matrixport, seeks to recover the $8 million he claimed to be owed. He alleges that Jihan Wu, who also happens to be the co-founder of Bitcoin mining giant Bitmain, intentionally prevented him from withdrawing these funds from bit.com in June 2022.
Ver believes that Wu’s actions were a response to the CoinFLEX drama.
For the uninitiated, CoinFLEX’s collapse was blamed on an individual customer who couldn’t meet a margin call. The exchange’s management later identified this
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