Bitcoin Jesus Is Suing Matrixport’s Smart Vega Over $8M Frozen Funds

• Crypto angel investor Roger Ver has sued Smart Vega, a subsidiary of Matrixport.  
• Ver’s lawsuit alleges Matrixport’s Jihan Wu froze the withdrawal of $8 million of his funds.  
• The case is an episode in the CoinFlex collapse saga, which Ver is alleged to have caused.

Crypto angel investor and “Bitcoin Jesus” Roger Ver is locked in a legal battle with crypto financial services firm Matrixport over the freezing of funds amounting to $8 million. Ver’s lawsuit has charged Smart Vega, a Matrixport subsidiary, with freezing his funds. The suit alleges that Jihan Wu, co-founder of Matrixport, is behind the freeze.

“Bitcoin Jesus” Roger Ver last year sued a subsidiary of Matrixport, founded by Jihan Wu, for $8 million, according to TheBlock. He claimed that the Matrixport froze his funds because he was told that he held responsible for CoinFLEX’s losses. https://t.co/JDMSMNT5oK

— Wu Blockchain (@WuBlockchain) November 6, 2023

Ver said Wu blocked his attempts to withdraw $8 million from Smart Vega’s derivatives-focused platform, Bit.com. The withdrawal was blocked over Ver’s alleged involvement in the collapse of the CoinFlex exchange.

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