Seychelles-based cryptocurrency exchange CoinFLEX has announced that it will undergo a restructuring.
By cryptocurrency exchange CoinFLEX September 21 It was announced in an announcement made on . According to the said restructuring proposal, the company has 65%will hand over to its creditors. According to this A series shareholders losing their assets B series shareholders they will be able to maintain their positions and be encouraged by future equity. According to the new plan, company employees 15%He will continue to hold his
It seems that the company, which could not get rid of the effects of the bear market that has been going on for about 10 months and had financial crisis problems, had no choice but to sell its equity. This new plan, in which many creditors will lose their position, will be put to a vote next week. If the result of voting 75%If the affirmative vote can be obtained, at the Seychelles court for restructuring. legal process will begin. If the proposal is not accepted by the quorum, the conditions will be re-evaluated and a different proposal will be submitted.
CoinFLEX exchange also announced that it was a famous investor in late June. Roger Ver‘of 47 million USDC He stated that he had a debt and had not paid his debt. In response to this situation, Roger Ver did not even have any debts. that CoinFlex owes him had suggested.