To Avoid Legal Hassle With Roger Ver, OKCoin Stops Managing Bitcoin.com
Though OKCoin in its official blog post says it is abandoning the management of Bitcoin.com due to contract conflict with domain owner Mr. Roger Ver, there is more to the story. It looks the organization was going through extreme pressure to bring revenue for Bitcoin.com. Though it tried using various ways, it seems nothing worked well. Then the recent developments like the fine on Ripple Labs Inc. and felony charges on Mr. Roger Ver broke the ship. Clarifying the major issue regarding the actual contract and what was going on lately that forced OKCoin to discontinue the management of....
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The Bitcoin community has been known for its fair share of drama, and perhaps this is to be expected of such a dynamic new technological space. The most recent public event shaking the Bitcoin world centers on OKCoin, a Chinese Bitcoin exchange many suspect of being fraudulent and possibly insolvent, and the beloved Bitcoin Jesus, Roger Ver, who has faced some critics after having vouched for Mt. Gox before the troubled Bitcoin exchange went bankrupt. To be sure, the evidence damning OKCoin as inept and/or corrupt players seems obvious enough. For instance, the company's CEO once....
An "angel investor" is someone who individually bankrolls an investment for a new company or business venture. They usually invest on a smaller scale than a "venture capitalist", but aren't looking to take a start-up public to reap huge rewards. An "angel" may invest more in the idea or the person leading the new venture than the expected financial returns, or the ability for the business to "go public". Well, Roger Ver is to angel investors what Phil Jackson is to NBA coaching success. He has had a hand in a long string of bitcoin success stories, and for bringing many people into the....
One of the most recognizable bitcoin-related domain names is at the heart of a dispute between Chinese bitcoin exchange OKCoin and bitcoin entrepreneur Roger Ver. The issue stems from the management of the Bitcoin.com domain, after the two sides struck a five-year deal last December to control the property. Under the agreement, OKCoin was set to redesign the site and pay Ver a percentage of the revenue generated each month, with a minimum of $10,000 per month. The latest developments, which have seen Ver accuse OKCoin of fabricating legal documents and the exchange in turn alleging that....
The bitcoin trading platform OKCoin is currently down and has been for more than 12 hours according to a reddit user. When visiting OKCoin.com you will receive a Cloudflare error as seen below: There has been reports claiming that the servers OKCoin uses are undergoing Emergency Maintenance due to abnormalities caused by server interruptions. For more than eight hours ago OKCoin sent out a tweet saying their platform would be temporarily inaccessible. The tweet is now creating outrage among some of their followers. Let's hope the maintenance is over soon so OKCoin's clients can access....
This interview was conducted before Changpeng Zhao’s post in /r/bitcoin explaining how OKCoin failed to respect its gentlemen’s contract. Therefore, that Reddit post acts as further support for Roger Ver, who shares his point of view below. Below the interview, readers can find excperts from Zhao’s Reddit post. Reading the emails OKCoin and you exchanged, no where does it appear that OKCoin had any issue regarding the contract till May 13. Jack C. Liu changes the tone in the emails within four hours from “will pay you” to “where is the contract.” Can you explain why would a person do this?....