CoinFLEX is a cryptocurrency exchange and FLEX token issuer that suspended withdrawals in June 2022, citing a large customer debt as the cause of its liquidity crisis. CoinFLEX's Twitter Score is 31 out of 1000 as of August 2026, ranking #30,644 (top 10%) among 482,999 tracked accounts.
CoinFLEX was founded by Mark Lamb. In June 2022, the platform halted customer withdrawals, with Lamb telling Axios that Roger Ver was the customer alleged to owe the exchange money. Ver denied the claim and countered that CoinFLEX owed him money instead. Following the freeze, CoinFLEX announced plans to raise $47 million through a new token called Recovery Value USD, or rvUSD, offering a 20% yield as part of its restructuring effort.
CoinFLEX was formerly affiliated with Open Exchange / OPNX, a venue designed to trade crypto bankruptcy claims that Lamb, along with Su Zhu and Kyle Davies, was reported by Axios to be launching in February 2023, with the team seeking $25 million in funding. Lamb also promised CoinFLEX creditors a stake in the restructured entity as part of that plan. The CoinFLEX website was returning a 502 Bad Gateway error at the time of this research, consistent with the project no longer operating as an active exchange.
CoinFLEX has 10,459 followers as of August 2026 on X and has published 1,533 posts. The account has been mentioned by 149 accounts, with 587 total mentions.
Who follows CoinFLEX on X?
The accounts that follow CoinFLEX include 105 founders, 26 angel investors, 61 influencers and 9 VCs. Among them are Laura Shin, Zhu Su, CL, Matthew Graham, Galois Kevin and Notsofast.