A unit of Genesis International Capital, the crypto lender that filed for chapter safety in New York final week, claims longtime blockchain-industry veteran and bitcoin money (BCH) backer Roger Ver – typically known as “Bitcoin Jesus” primarily based on his early evangelism for the {industry} – did not settle cryptocurrency choices trades.
The allegation in opposition to Ver by GGC Worldwide Restricted was contained in a Jan. 23 submitting to the New York State Supreme Court docket in Manhattan.
In line with the Genesis site, GGC Worldwide Restricted is a British Virgin Islands firm, wholly owned by Genesis International Capital, that carries out spot buying and selling exercise and hedges publicity with derivatives on digital belongings.
In line with the submitting, GGC seeks “cash damages for defendant’s failure to settle cryptocurrency choices transactions that expired on Dec. 30, 2022, in an quantity to be decided at trial however a minimum of $20.9 million.”
Ver didn’t instantly reply to requests for remark despatched by way of e-mail and Telegram.
A Genesis press consultant declined to remark.
Genesis is a subsidiary of Digital Forex Group (DCG), a crypto conglomerate that additionally owns CoinDesk.
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