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Genesis Says ‘Bitcoin Jesus’ Owes Millions on Trades (Correct)

Jan. 26, 2023, 9:28 PM

A Genesis unit is seeking more than $20 million from Bitcoin Cash backer Roger Ver, alleging that he failed to settle cryptocurrency options transactions that expired in December.

Ver, known to some as “Bitcoin Jesus” for his evangelistic role in the early days of crypto, was named in a court summons in New York on Tuesday by GGC International Limited. The filing included a notice seeking no less than $20.9 million in monetary damages, in addition to legal costs and expenses.

Roger Ver
Photographer: Paul Yeung/Bloomberg

Crypto lender Genesis Global Holdco LLC filed for Chapter 11 bankruptcy last week, owing its top 50 ...