Altcoin News: Nobody Seems to Trust Roger Ver’s New Crypto Exchange
September 3, 2019, by Marko Vidrih on ALTCOIN MAGAZINE
Roger Ver’s newly announced crypto exchange was not well received by the crypto community. The Exchange is heavily criticized — some blame Ver for cheating and using the platform to wash Bitcoin Cash.
There are few people in the entire crypto industry whose name alone can cause a split in the community. Roger Ver is one of them.
He became one of the first Bitcoin advocates and investors, gaining notoriety after leaving Bitcoin and putting his loyalty in the service of Bitcoin Cash — a highly controversial fork (unlike Litecoin).
After successfully defending himself against a defamation lawsuit by an equally controversial figure in the cryptosphere — Craig Wright — Ver announced that he would launch a crypto exchange on Bitcoin.com.
According to the official website, the exchange was scheduled to go live on September 2nd and support Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Ripple (XRP), Litecoin (LTC) and Binance Coin (BNB).
The Exchange is the answer to the ever-tightening Know-Your-Customer (KYC) and Anti-Money Laundering (AML) protocols used on cryptocurrency exchanges and marketplaces such as LocalBitcoins. Ver even launched its own competitor to LocalBitcoins after the service’s KYC ramp-up.
However, despite Bitcoin.com’s generous rewards program, the news from Ver’s Exchange did not turn up well, to say the least. The crypto community still seems to be averse to Ver — perhaps because he lied notoriously about the cause of Mt.Gox’s lack of liquidity?
Just a few days before trading on the Bitcoin.com Exchange went live, the crypto community seemed eager to bring in their two cents. The newly renamed @Bitcoin Twitter account — previously “per Bitcoin Cash” and apparently controlled by Ver — is now shelling out “per Bitcoin” news. The account asked his 976,000 followers what they think of Ver’s exchange.
“Will it be more successful than MtGox? Will it be safe? Will you use it? What do you think about it?,” the tweet said, warning followers not to get Goxxed.
Hundreds of Twitter users answered the tricky question. However, most said they would not trust a service supported by Roger Ver.
“Roger Ver is a scammer and a fraud! No, it will not be safe and I will not use it,” responded one commentator.
…
“I could never trust Roger,” opined another.
It seems that Roger’s evil intentions, made clear by Bitcoin’s attack and disfavor, finally catch up with him.
Author: Marko Vidrih
Source: cryptoslate
