Genesis Says ‘Bitcoin Jesus’ Owes Millions From Unsettled Trades
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Ver, known to some as “Bitcoin Jesus” for his evangelistic role in the early days of crypto, was named in a court summons in New York on Tuesday by GGC International Limited.
A Genesis unit is seeking more than $20 million from Bitcoin Cash backer Roger Ver, alleging that he failed to settle cryptocurrency options transactions that expired in December. Ver, known to some as “Bitcoin Jesus” for his evangelistic role in the early days of crypto, was named in a court summons in New York on Tuesday by GGC International Limited. The filing included a notice seeking no less than $20.9 million in money damages, in addition to legal costs and expenses. Crypto lender Genesis Global Holdco LLC filed for Chapter 11 bankruptcy last week, owing its top 50 creditors more than $3 billion...