The co-founder of struggling crypto exchange, CoinFLEX, Mark Lamb has written an open letter to Roger Ver, a Bitcoin angel investor of Blockchain.com, offering him an “olive branch” of “two years of free trading on OPNX” in exchange for settling debt.
OPNX is the newly launched crypto exchange by Mark Lamb.
Mark Lamb proposed a payment plan in an open letter to settle the $84 million owed to its creditors. He suggested that tokenizing rvUSD on OPNX.com will allow for greater liquidity for the affected creditors.
The move is intended to offer relief to the “ordinary people” who have been impacted. As an incentive to reach a swift resolution, Lamb also offers two years of free trading on OPNX.com.
Also Read: CoinFLEX Launches Legal Action Against Roger Ver to Recover $84M
Last June, Lamb made an accusation that Ver had failed to repay a $47 million loan. Ver denied the accusation, calling it “blatantly false”. However, a lawsuit filed by CoinFLEX against Ver in July last year shows that Lamb’s claim on Ver has almost doubled since then.
In the announcement, CoinFLEX writes, “The first estimate of $47 million which we communicated did not include the significant loss in liquidating his significant FLEX Coin positions. Now that we have found a bid for that size, the liquidations have created a final deficit of $84 million for the account.”
In a letter, he requested that Peter pays the 3 million FLEX Coin owed to the company through his offshore entity Blockchain.com Cayman.
In response, CoinFLEX is willing to provide a similar deal to the one offered before, allowing Peter to acquire an equity stake in OPNX.com by market-making the company’s AMM+ product.
