CoinFLEX claims that Blockchain.com owes it 3 million FLEX tokens

2023-02-27 10:34:38

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ChainCatcher news, the cryptocurrency exchange CoinFLEX recently claimed in a document that it had lent a total of 3,000,000 FLEX tokens, worth approximately $4.3 million, to the financial services company Blockchain.com last year, and is now demanding repayment by March 7, setting a deadline for Blockchain.com to remit by March 21, or face legal action.

Blockchain.com responded: "CoinFLEX's claims are completely unfounded, the allegations are entirely fabricated, and CoinFLEX is currently being sued for dissolution by its clients… In fact, CoinFLEX owes for services provided by Blockchain.com, but has yet to make payment, and we will soon begin collection." CoinFLEX entered restructuring proceedings in Seychelles court last August, seeking to raise $84 million to repay its debts. (Decrypt)

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