26 May '15, 1pm

The Battle over - #bitcoin

The Battle over - #bitcoin

It’s the story of a domain deal gone bad and now it looks like things are only getting worse for everyone associated with Bitcoin.com . Last December, Roger Ver, a Bitcoin entrepreneur struck a five-year deal with OKCoin to redesign the website and pay Ver a percentage of the monthly revenue. Sounds simple right? Unfortunately it has been anything but that. According to Ver, OkCoin created fake legal documents giving themselves a six-month out clause, according to OkCoin the original contract was null and void to begin with. Here’s an excerpt from OkCoin’s latest press release: During the internal review of this matter, it was found that the original contract entered into by a former OKCoin employee and Mr. Ver was itself not an official contract of the company. The contract was signed between Mr. Ver and “OKCoin”, failing to detail the legal entity with which Mr. Ver ente...

Full article: http://morganlinton.com/the-battle-for-bitcoin-com/

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