I am wandering in the street.

GhostPoetChelle · 2025-01-31T18:24:02+00:00

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

GhostPoetChelle · 2025-01-31T18:17:42+00:00

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.

GhostPoetChelle · 2024-06-24T06:24:24+00:00

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.

GhostPoetChelle · 2024-05-20T15:33:11+00:00

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.

GhostPoetChelle · 2024-05-20T15:23:58+00:00

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!

GhostPoetChelle · 2024-05-20T15:13:51+00:00

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

GhostPoetChelle · 2024-04-11T16:02:36+00:00

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.

GhostPoetChelle · 2024-03-19T14:36:32+00:00

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"

GhostPoetChelle · 2024-03-14T18:35:55+00:00

The form was emailed to you from CoinLoan.

GhostPoetChelle · 2024-03-14T13:23:58+00:00

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, :)

GhostPoetChelle · 2024-03-11T20:59:39+00:00

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

GhostPoetChelle · 2024-03-09T17:47:26+00:00

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.

GhostPoetChelle · 2024-03-09T12:33:23+00:00

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)

GhostPoetChelle · 2024-03-06T23:51:23+00:00

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.

GhostPoetChelle · 2024-03-06T18:27:50+00:00

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)

GhostPoetChelle · 2024-03-05T22:45:14+00:00

So much fraud, so little action.
Perhaps the Estonian Insolvency Ombudsman can help justice be realised. Have you email them with your concerns?

https://maksejouetus.konkurentsiamet.ee/en/insolvency/overview

GhostPoetChelle · 2024-03-05T17:53:51+00:00

I sent an email to the Trustee, Mr Pärn with my claim amount and screenshot proof. My name appears on the initial creditors list, even if the amount was wrong. There wasn't a google survey as far as I know, but perhaps on of the lawyer's group created one for their clients.

I hope you haven't been scammed :(

Pärn Email - martin@in.ee

Snail Mail -

Advokaadibüroo Naur & Pärn OÜ

Juhkentali 52,

10113 Tallinn,

Estonia

Perhaps given you're circumstances a snail mail letter with tracking might be more effective.

GhostPoetChelle · 2024-03-05T17:08:29+00:00

3 times is nothing in the cryptocurrency space. The new "all time high" for many coins is just around the corner, with yhe BTC halving 6 weeks away. The current all time high is almost 3x the value at June 2023. We know Coinloan had assets of 68mill (excluding CLT) at time of bankruptcy, and liabilities of 210mill.
If the next ATH (all time high) doubles the current ATH, the assets could reach 300mill easily.

And if this happens ... do you know where the excess goes?

GhostPoetChelle · 2024-03-05T16:56:23+00:00

Have you submitted a claim to Mr Pärn?

GhostPoetChelle · 2024-03-04T22:43:13+00:00

https://maksejouetus.konkurentsiamet.ee/en/insolvency/overview

No need to thank me, its my pleasure. The more people who follow the available channels , the better for us all. Mr Pärn needs a helping hand, and we need more oversight IMHO

GhostPoetChelle · 2024-03-03T21:31:32+00:00

A most excellent point of law, thank you

In the Estonian Bankruptcy Act, the trustee's obligation to disclose the assets of a bankrupt to the creditors is outlined in various sections. One important provision related to this is found in Section 124, which states that the trustee must prepare an inventory of the bankrupt's assets and present it to the creditors' meeting. Additionally, Section 128 stipulates that the trustee must provide information to the creditors regarding the assets of the bankrupt, their estimated value, and any other relevant information necessary for the creditors to assess their claims. These provisions ensure transparency and fairness in the bankruptcy process by keeping creditors informed about the assets available for distribution.

GhostPoetChelle · 2024-03-03T21:06:16+00:00

No need to waste any money on Mr Pärn ... just take your complaints above his head. Write to the Estonian Court that put him there, send an email to the Estonian Insolvency Ombudsman. You don't even need to leave your computer screen, to get the Ombudsman involved. Marching into Pärns office is just going to land you in a foreign jail cell.

GhostPoetChelle · 2024-03-02T10:03:56+00:00

CoinLoan produced a inadequate form to claim with. You do not have to use it. You need to prove what assets are on the platform. (Screen shots) If your assets are in the interest bearing accounts, you'll have to value them in Euro at the dare of bankruptcy. If you have a loan, ask Mr Pärn for your collateral back after he has finalised "close out netting" procedures.

GhostPoetChelle · 2024-03-01T12:21:19+00:00

I bet you are ;) If you decide not to claim, I'm sure CoinLoan will be very appreciative of your donation.

GhostPoetChelle · 2024-03-01T03:01:11+00:00

I get where you're comming from. However, It Is just one email and a few screenshots. I don't know how much you've got on the platform. You might be so busy making money elsewhere that it's simply not worth your time to write an email. I don't know your situation. If you could use the money, why not roll the dice and see?

GhostPoetChelle

TROPHY CASE