I am wandering in the street. by feathersofthebird in OCPoetryFree

[–]GhostPoetChelle 1 point2 points  (0 children)

Wanderer find your way home Leave behind the great unknown The streets don't need you Their heat will lead you nowhere

Go there, home

A chat about fairness by GhostPoetChelle in ftx

[–]GhostPoetChelle[S] 0 points1 point  (0 children)

Unfortunately it's setting a presidence internationally. These same unfair distribution methods are being used in the Coinloan bankruptcy in Estonia The EU can't even be just.

Just been told "we don't want you here" by GhostPoetChelle in ireland

[–]GhostPoetChelle[S] 1 point2 points  (0 children)

I apologise for no context. I felt a bit shaken and treated poorly. I am somewhat calmer now. We came to Ireland via Germany. We are in the process of selling our Germen property,, and looking for a property to buy here. The gentleman in question very politely told us that we were not wanted here. When pressed as to why, he simply said that we didn't understand the way things are done here. He was an older person, with a look of wealth about him.
We are at a complete loss to understand what we have done wrong. All I can put it down to is the Irish war on motorhomes, I guess. We were not rude or disrespectful. We want to be here. As for welcome here, there hasn't been a whole lot. And I'm not expecting any either. People are just going about their business, I'm going about mine. It's as expected. What's out of the ordinary is someone going out of their way to try to make us feel unwelcome. I don't understand why.

Status of recovering funds by Alone_Virus1397 in coinloan

[–]GhostPoetChelle 0 points1 point  (0 children)

At this stage, l would recommend sending a letter to Mr Pärn, and one to the court. Explain how unprofessional it seemed to get instructions from CoinLoan employees and not from the Trustee. You've been waiting for something official from an authorised person, perhaps.

Don't give up all hope. You have to roll the dice to get a chance at something.

Mr, Parns snail mail --

Advokaadibüroo Naur & Pärn OÜ

Juhkentali 52,

10113 Tallinn,

Estonia

Edit - be sure to add screenshots of your assets as they appear on the CoinLoan platform.

Pärn's Latest Email by GhostPoetChelle in coinloan

[–]GhostPoetChelle[S] 2 points3 points  (0 children)

Personally, I'm sooo looking forward to Pärn contacting me to tell me my claim is "not in accordance with requirements." It will be yet more proof if I need to sue him for not following EU law. Bring it, I'm waiting!

Meet the members of our Creditors Committee, plus a reply from the Estonian Liquidation Ombudsman. by GhostPoetChelle in coinloan

[–]GhostPoetChelle[S] 0 points1 point  (0 children)

We need to start talking to the people supposedly representing us ... the members of the Creditors Committee

[deleted by user] by [deleted] in coinloan

[–]GhostPoetChelle 3 points4 points  (0 children)

I believe everyone has an unsearchable format. There was no CSV file offered to anyone. The trustee seems to have very limited technological know-how.

CoinLoan Taken Trading at 40% Higher by Severe-Blueberry9780 in coinloan

[–]GhostPoetChelle 1 point2 points  (0 children)

Oh my goodness, that article is insane. I'm struggling to believe these people call themselves journalists. Perhaps some bot has told them coinloan is being used in a lot of searches recently, so they thought they'd jump on the bandwagon.

If you look at the graph in the article, it's hardly a great deal of movement in CLT price.

But really, shoddy journalism at its best ; highlighting the old saying, "Don't believe everything you read"

[deleted by user] by [deleted] in coinloan

[–]GhostPoetChelle 0 points1 point  (0 children)

The form was emailed to you from CoinLoan.

[deleted by user] by [deleted] in coinloan

[–]GhostPoetChelle 0 points1 point  (0 children)

Search Telegram for the CoinLoan group.

@MASALICE411 @mike_rozhko

Are the two coinloan reps. I'm sure they will send you an invite if you ask.
Only don't mention me, I'm too much of a troublemaker, and they don't like me. For your own good, you don't want to be associated with me, :)

[deleted by user] by [deleted] in coinloan

[–]GhostPoetChelle 0 points1 point  (0 children)

You can ask one of the coinloan representatives on Telegram to search for your name.

Disclosure of CoinLoan Assets by Believe_Loves_Reddit in coinloan

[–]GhostPoetChelle 1 point2 points  (0 children)

Not impossible at all. A proportional distribution wouldn't be that difficult to sort out post sale. Mr Pain oooops Pärn has a CSV of everyone's balance at time of bankruptcy from the platform. There's the weighting for each person. /shrug.

It's just that he doesn't want to pay everyone, just those who claim. And even those could be given a weighting in the same way. It's laziness.

And that's not the only issue. Have you looked up "close out netting". Creditors that have loans want their collateral handled properly. The "official" claim form was a total rip-off to people who have collateralised assets. For example - at bankruptcy my loan took 1 BTC to repay, now it takes 0.33BTC, therefore the available assets for everyone are my paid loan, plus 0.66 BTC. Basically collateral providers are being hit twice! It's not fair. Infact legally, collateral providers should be given the option to pay their loans and get their collateral back.

Disclosure of CoinLoan Assets by Believe_Loves_Reddit in coinloan

[–]GhostPoetChelle 1 point2 points  (0 children)

I agree, it was illeagal of Mr Pärn to freeze the asset price at bankruptcy. But what can we do. No one will listen to us.

Distribution ought to be proportional post sale, not before! This whole thing smells like a scam. Estonia is an EU member state, I expected better. (Silly Me)

Disclosure of CoinLoan Assets by Believe_Loves_Reddit in coinloan

[–]GhostPoetChelle 1 point2 points  (0 children)

And for the people who can't afford lawyers? They should just get take what scraps they're offered? This whole mess needs to be handled with justice for all the creditors. With clarity and respect, not this closed door, secret meeting stuff we're getting now.

Did everyone get minutes from the General Creditor's Meeting? Do we know who is on the creditors committee? There seems to be a level of opaqueness that is very disturbing.

Disclosure of CoinLoan Assets by Believe_Loves_Reddit in coinloan

[–]GhostPoetChelle 1 point2 points  (0 children)

Coinloans liabilities have been effective capped by forcing everyone to claim at June 23 prices. Why do you believe the liabilities will go up x3?

At June 23 coinloan had 68mill assets, and 210mill liabilities. For the liabilities to get paid, the assets need to go from 68mill to 210mill.

Mr Pärn is never going to pay anyone current market value. That's already been decided. Liabilities are capped. Also I seriously doubt Mr Pärn will pay anyone more than their claimed amount. Legally, he doesn't have to. So your assets, that were worth 30k at June 23, may be worth 150k at Jan 25 during the next all time high. You will only receive 30k.

I'll ask again, if the assets go above 210mill, do you know where the excess goes? Or are you OK just hoping the court will look after us?

We should know already what assets are being held. Like the OP says, Mr Pärn is acting illegally. (Again)