Theory Time: WHO PAYS WHO? " CoinFLEX and Bitcoin.com complete $30 Million deal"
Soo... who pays who?
Initially thought RogerV invested $30M into CoinFLEX (they were pretty much a no name prior). Now I'm thinking CoinFLEX paid or promised to pay RogerV $30M to "access" Bitcoin.com userbase. Hence RogerV's tweet that CoinFLEX owe him alot of money.
What about the individual negative -$47M position on the Exchange? RogerV doesn't come across as someone that would be "day trading" let alone day trading on CoinFLEX.
The "individual agreement" between him and CoinFLEX is likely that he deposit BCH to provide CoinFLEX with BCH liquidity and in return he gets "loaned" whatever the USDC value of BCH at the time. Hence the "you can't liquidated the BCH position" clause. With this setup and the market tanking CoinFLEX is now in the red. RogerV also decides to stop providing additional margin/funding. Why? Probably because writing is on the wall. CoinFLEX didn't exercise enough financial prudence.
This is one possible scenario where both RogerV and Mark tweets are true.
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