Roger Ver Responds to $20 Million Genesis Lawsuit: “I Have Sufficient Funds”
Bitcoin Cash (BCH) advocate and so-called “Bitcoin Jesus,” Roger Ver, has broken his silence on his newly received summons from GGC International. The investor said that while he has “sufficient funds” to pay his stated debts, the details of his contract with Genesis make things more complicated. Will Roger Ver Pay Up? In response to a Reddit post on the matter, Ver answered that he had the funds to pay all sums “allegedly owed,” and was willing to pay “what I actually owe.” However, the newly revealed financial condition of the crypto broker means he may owe nothing at all. “Genesis was required by our agreement to remain solvent — as Genesis can’t ask its clients to play a “heads clients lose, tails Genesis wins” game,” wrote Ver. “It appears that at points since at least last June Genesis dipped under the solvency line.” Roger Ver. Source: Bloomberg Genesis officially filed for bankruptcy last week – an outcome expected by many after the firm froze withdrawals in Novem...