Early Bitcoin adopter and executive chair of Bitcoin.com, Roger Ver, said he has “sufficient funds” to pay Genesis Global after being hit by a lawsuit by the now-bankrupt crypto broker’s unit – GGC International.
The Bitcoin Cash proponent noted that he is happy to pay the amount he owes but pointed out that the agreement requires Genesis to remain solvent. In a new Reddit post, Ver claimed that Genesis failed to provide him assurances about its finances.
The Digital Currency Group broker and lending desk slid into bankruptcy after weeks of fresh fundraising attempts. The court documents reveal that it has over $150 million to fund its restructuring efforts.
Ver allegedly owes around $21 million to Genesis.
Genesis Vs. Roger Ver
Ver, who was once known as “Bitcoin Jesus,” claimed that the financial information provided by Genesis has been called into question by recent events. He even said that the crypto broker refused to clarify the information it had provided him and instead chose to file suit.
