Roger Ver Sues Hong Kong Company Over Breach of Contract
Whether or not the court will take this matter as seriously as they should, remains to be seen. Any case related to Bitcoin has always been subject to some degree of mockery. Whenever a story appears of a prominent Bitcoin member using a company, things have to be taken with a grain of salt. In the case of Roger Ver and OKEX Fintech Company, there is a legitimate beef between both parties. The person known as Bitcoin Jesus claims OKEX owes him 57 months of revenue payments. This entire debacle dates back to December 2014, a time during with OKEX agreed to manage the Bitcoin.com, website on....
Related News
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....
In the latest round of a long-standing feud, bitcoin investor Roger Ver has reportedly sued digital currency exchange OKCoin for $570,000. According to the South China Morning Post, a Hong Kong High Court document filed Wednesday shows that Ver alleges that OKCoin violated the terms of a contract for work the website Bitcoin.com. In late 2014, Ver and the bitcoin exchange initially joined forces to work on the website. OKCoin was tasked with a website redesign and SEO. One snippet of the contract specifies a partnership of a minimum of five years. This is the piece that has been the....
Reports reveal that subsidiaries of Bithumb Hong Kong are facing a civil suit due to a contract breach. According to the report, a Thai firm says that Bithumb’s Hong Kong subsidiaries halted its business in Thailand. This halt led to serious business damage for the Thai firm. Korea Times reported on Tuesday that a former […]
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....
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?....