{"id":292075,"date":"2023-01-25T06:15:37","date_gmt":"2023-01-25T06:15:37","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=292075"},"modified":"2023-01-25T06:39:50","modified_gmt":"2023-01-25T06:39:50","slug":"genesis-subsidiary-sues-bitcoin-jesus-for-20-86m","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/genesis-subsidiary-sues-bitcoin-jesus-for-20-86m\/","title":{"rendered":"Genesis subsidiary sues \u2018Bitcoin Jesus\u2019 for $20.86M"},"content":{"rendered":"

A subsidiary of bankrupt crypto lender Genesis \u2014\u00a0GGC International Limited\u00a0\u2014 filed a $20.86 million claim against Bitcoin Cash (BCH) proponent Roger Ver, according to a Jan. 23 court filing.<\/p>\n

The embattled firm alleged that Ver\u00a0failed to settle cryptocurrency options trades that expired on Dec. 30, 2022.<\/p>\n

The bankrupt company also wants the court to award it the fees it expended in bringing the case against Ver.<\/p>\n

Ver has to answer the allegations within the next 20 days \u2014 otherwise, a judgment would be taken against him by default.<\/p>\n

GGC is a British Virgin Islands company fully owned by Genesis.The company carries out spot trading activity and enters into derivatives referencing digital assets as a principal, according to the bankrupt lender website<\/a>.<\/p>\n

Meanwhile, crypto exchange CoinFLEX previously accused<\/a> Roger Ver of owing it $47 million USDC. The exchange later filed<\/a> a $84 million claim against the investor \u2014 Ver denied these allegations.<\/p>\n","protected":false},"excerpt":{"rendered":"

A subsidiary of bankrupt crypto lender Genesis \u2014\u00a0GGC International Limited\u00a0\u2014 filed a $20.86 million claim against Bitcoin Cash (BCH) proponent Roger Ver, according to a Jan. 23 court filing. The embattled firm alleged that Ver\u00a0failed to settle cryptocurrency options trades that expired on Dec. 30, 2022. The bankrupt company also wants the court to award […]<\/p>\n","protected":false},"author":720,"featured_media":292087,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[77901,60793],"tags":[77317],"post_folder":[],"acf":[],"yoast_head":"\nGenesis subsidiary sues \u2018Bitcoin Jesus\u2019 for $20.86M<\/title>\n<meta name=\"description\" content=\"The embattled firm alleged that Ver failed to settle cryptocurrency options trades that expired on Dec. 30, 2022.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/genesis-subsidiary-sues-bitcoin-jesus-for-20-86m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Genesis subsidiary sues \u2018Bitcoin Jesus\u2019 for $20.86M\" \/>\n<meta property=\"og:description\" content=\"The embattled firm alleged that Ver failed to settle cryptocurrency options trades that expired on Dec. 30, 2022.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/genesis-subsidiary-sues-bitcoin-jesus-for-20-86m\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-25T06:15:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-01-25T06:39:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/bitcoin-jesus-lawsuit.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Oluwapelumi Adejumo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Oluwapelumi Adejumo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/genesis-subsidiary-sues-bitcoin-jesus-for-20-86m\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/genesis-subsidiary-sues-bitcoin-jesus-for-20-86m\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#person\",\"name\":\"Oluwapelumi Adejumo\",\"url\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-oluwapelumi-adejumo-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-oluwapelumi-adejumo-300x300.jpg\",\"caption\":\"Oluwapelumi Adejumo\"},\"jobTitle\":\"Senior Reporter\",\"description\":\"Oluwapelumi values Bitcoin's potential. 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