Roger Ver is Suing a Hong Kong Firm Over ‘Bitcoin.com’ Revenues
Bitcoin investor and early evangelist Roger Ver is suing a Hong Kong website operator for 4.40 million HKD, approx. 567,000 USD, over an alleged breach of agreement from the operator’s part. Roger Ver, an early bitcoin adopter who is now a fervent proponent and investor in bitcoin and its industry is suing OKEX Fintech, a Hong Kong private company, over alleged lost revenues from Bitcoin.com. Roger Ver is the website’s owner, registrant and administrator. In documents filed to Hong Kong’s High Court on Wednesday that were obtained by the South China Morning Post, Ver claimed that OKEX....
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In exclusive interview to Cointelegraph, Bitcoin advocate and investor Roger Ver has confirmed dragging OKEX Fintech to a Hong Kong High Court over unpaid revenues. Roger Ver accuses the Financial Technology Firm of forgery and unpaid royalties concerning the use of Bitcoin.com. Cointelegraph: How can you explain the genesis of the case? Roger Ver: They signed a contract to rent Bitcoin.com, and then violated that contract. They then produced a fake contract that they forged my signature on to, and violated the forged contract too. CT: How much money is involved here? RV: A minimum of....
The Animoca Brands subsidiary and blockchain-based virtual world, The Sandbox, has announced the firm has made multiple partnerships in Hong Kong, and has plans to create a “Mega City” in the metaverse. Partners who acquired land in The Sandbox to build Mega City include Hong Kong tycoon Adrian Cheng, professional services firm PWC Hong Kong, and the Hong Kong actress and model Shu Qi. The Sandbox Announces Mega City Launch Blockchain projects like Decentraland and The Sandbox have been seeing significant demand as Web3, NFTs, and metaverse hype has grown exponentially in....
Hong Kong is one of the most important financial centres of the world, but with limited space and high demand, property in Hong Kong has always been in short supply. Simplifying home ownership in Hong Kong is therefore a prime concern for the Hong Kong government, which has undertaken a number of measures in the last few years to make home ownership both affordable and easy. The Nikkei Asian Review reported that as recently as early November, the Hong Kong government raised stamp duty to cool down the boiling Hong Kong housing market. This measure of the government was mainly aimed at....
Cryptocurrency regulation in Hong Kong is undergoing changes. The Securities and Futures Commission (SFC) is reportedly introducing a new licensing system to regulate all crypto exchanges operating in Hong Kong. Hong Kong’s New Crypto Regulation The CEO of the SFC, Ashley Alder, talked about implementing a new cryptocurrency regulatory framework at Hong Kong Fintech Week on Tuesday. All cryptocurrency trading platforms operating in Hong Kong or targeting local investors will be required to apply for a license with the SFC, Radio Television Hong Kong (RTHK) reported. “Later....
On Thursday, Pricewaterhouse Coopers’ (PWC) Hong Kong unit announced that it purchased a land site in The Sandbox metaverse. The PWC Hong Kong branch will be the first internationally recognized professional services brand to enter The Sandbox metaverse.
PWC Hong Kong Enters the Metaverse
While land located next to Snoop Dogg’s Sandbox plot has sold for lots of money and other firms like Atari have purchased Sandbox property, now major accounting firm PWC’s Hong Kong branch has also purchased metaverse land in The Sandbox virtual world.
PWC is a....