CoinFLEX creditors vote in restructuring plan giving them 65% ownership
The plan, which wipes out Ordinary Series A shareholders, including the founders, was proposed by CEO Mark Lamb, and received 99% backing in a recent vote.
Latest CoinFLEX News
CoinFLEX files for restructuring after Roger Ver allegedly fails to pay margin call
In a blogpost, CoinFLEX detailed how it has filed for restructuring in Seychelles, which will enable it to issue rvUSD tokens, equity, and locked FLEX tokens to depositors.
CoinFLEX exchange cuts staff amid $84M margin call dispute with Roger Ver
The cuts will reduce overheads by up to 60%, CoinFLEX says, further hinting at acquisition possibility even as its $84 million dispute with Roger Ver continues.
CoinFLEX starts $84M arbitration procedure in Hong Kong against Roger Ver
The process could take up to 12 months, but CoinFLEX says it’s confident that the HKIAC will rule its way and allow it to pursue Roger Ver’s worldwide assets.
Roger Ver accused of defaulting on $47M CoinFLEX debt
Early ‘crypto’ backer Roger Ver has been fingered as the individual whose alleged financial shortcomings caused a recent halt in withdrawals at an exchange in which he is an investor.
CoinFLEX adds new investors as Polychain, DCG climb aboard
Polychain Capital and Digital Currency Group (DCG) have invested an unknown amount in the currency futures exchange services provided by CoinFLEX.
CoinFLEX crypto futures platform now live
CoinFLEX, a new cryptocurrency exchange that focuses on futures trading, is now live.