Genesis sues Roger Ver for $20M

Genesis sues Roger Ver for $20M- Check out the story here

Genesis sues Roger Ver for $20M over unsettled crypto options trades

[{"selector":"#anim-8438c64b-357c-4b09-8a50-f2c7463133d4 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-32.42187489333662%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Arrow

[{"selector":"#anim-371b7ce2-03d3-4c92-94b4-4305bed9d9c7 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.249999886225726%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Roger Ver, commonly known as “Bitcoin Jesus,” has 20 days to answer the summons from Genesis unit GGC International before being required to pay by default. Arrow

GGC International, a part of the bankrupt crypto lender, filed the suit against Ver in the New York State Supreme Court on Jan. 23

[{"selector":"#anim-5a475e0c-73ab-476f-89e0-7f2988bec4f9 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(7.812499744007886%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Arrow

Ver was given a total of 20 days to answer the summons.

[{"selector":"#anim-a2e1f97c-380c-4f62-a84f-3a0079a44290 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-28.90624987200394%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Arrow

The Genesis website states that GGC International is a company based in the British Virgin Islands

[{"selector":"#anim-11f13660-f2bf-445f-b89b-00bdb8b71677 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-7.812499744007886%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Arrow

The firm is owned by Genesis Bermuda Holdco Limited, under Genesis Global Holdco, an entity included in the bankruptcy filing.

[{"selector":"#anim-978a38ba-9351-4828-bce1-7b8bbb832509 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Arrow

Roger Ver had not responded to Cointelegraph’s request for comment at the time of writing.

[{"selector":"#anim-762da359-4fdb-47e9-becb-9f04896bdb24 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-1.7268442910678083%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Arrow

Hop you people found the story informative. For more such interesting stuff, click on the link given below

[{"selector":"#anim-93fd7c65-1e32-4cc3-983c-6c4687674045 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(28.90624987200394%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Arrow SWIPE UP