CoinFLEX | ForkLog

ForkLog 19 06.11.2023

Roger Ver sues Matrixport subsidiary over frozen $8m

In 2022, the 'Bitcoin Jesus' and Bitcoin.com founder Roger Ver filed a lawsuit against Smart Vega Holding Limited—the Seychelles subsidiary of Matrixport run by Jihan Wu.

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ForkLog 8 08.03.2023

Seychelles court approves CoinFLEX restructuring plan

CoinFLEX's restructuring plan has been approved by a Seychelles court.

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ForkLog 10 27.02.2023

CoinFLEX says Blockchain.com owes $4.5m in FLEX tokens

The platform CoinFLEX demanded that Blockchain.com return 3 million FLEX tokens (about $4.5 million) allegedly lent in 2022. Decrypt reports.

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ForkLog 10 25.09.2022

CoinFLEX creditors back platform’s restructuring plan ahead of schedule

Creditors of the CoinFLEX crypto-derivatives platform voted overwhelmingly in support of the company's restructuring proposal.

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ForkLog 9 22.09.2022

CoinFLEX unveils restructuring proposal

CoinFLEX, a platform for cryptocurrency derivatives, unveiled a restructuring plan. The company proposed transferring 65% of equity to creditors, 15% to the team under an ESOP, and to leave Series B investors as shareholders.

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ForkLog 14 10.08.2022

CoinFLEX seeks restructuring in Seychelles court

The cryptocurrency derivatives platform CoinFLEX has filed for restructuring in the Seychelles court. Bloomberg reports.

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ForkLog 12 29.07.2022

CoinFLEX announces staff cuts to optimise costs

The cryptocurrency derivatives platform CoinFLEX announced layoffs of a “significant number” of employees across various departments worldwide. This is stated in the company's blog.

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ForkLog 13 14.07.2022

CoinFLEX to resume withdrawals in restricted mode

On July 15, the cryptocurrency derivatives platform CoinFLEX will resume user withdrawals, instituting a limit of 10% of total deposits.

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ForkLog 7 10.07.2022

CoinFLEX plans to recover $84 million from Roger Ver

The CoinFLEX cryptocurrency derivatives platform has turned to the Hong Kong International Arbitration Centre (HKIAC) to recover $84 million owed by Roger Ver after the forced liquidation of his position.

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ForkLog 10 01.07.2022

CoinFLEX delays resumption of withdrawals

The cryptocurrency derivatives platform CoinFLEX did not resume withdrawals despite plans. The company cited ongoing talks with investors.

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ForkLog 9 28.06.2022

CoinFLEX serves Roger Ver with a notice of default

Bitcoin.com founder Roger Ver owes CoinFLEX $47 million. The platform sent a 'Bitcoin Jesus' notice of default, according to chief executive Mark Lamb.

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ForkLog 6 28.06.2022

CoinFLEX to launch $47 million token sale to resume customer withdrawals

The cryptocurrency derivatives platform CoinFLEX will launch the Recovery Value USD (rvUSD) token. With it, the company aims to settle the debt of a certain affluent private client and resume user withdrawals.

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