‘Bitcoin Jesus’ Sues Matrixport Over $8 Million Crypto Hold
A contentious legal dispute is emerging, casting two prominent figures, Roger Ver and Jihan Wu, into a legal battle. The heart of the matter revolves around an $8 million sum that ‘Bitcoin Jesus’ Ver alleges Wu appropriated as a form of retribution. Ver’s purported involvement in the collapse of a different cryptocurrency exchange, CoinFLEX, is at the core of this dispute. Last year, Ver initiated a legal action in Seychelles, directing his focus towards Matrixport’s subsidiary, Smart Vega, which operates Bit.com. The lawsuit contends that Bit.com has retained the $8 million, allegedly at the behest of Jihan Wu, who is a creditor of CoinFLEX. Wu’s financial losses, stemming from CoinFLEX’s restructuring, were the trigger for the alleged withholding of Ver’s funds. The Legal Dispute Bitcoin Jesus’ legal representatives commenced legal proceedings against Smart Vega Holding Limited, a Matrixport subsidiary, in August 2022. Their aim was...