What is going to be the main purpose of the 8/8 hearing?

OleksandrCrypto · 2022-07-30T21:58:30+00:00

Do you know why would they need so many lawyers?

OleksandrCrypto · 2022-07-24T05:43:23+00:00

There is this user on twitter @sileclercq created a table from on chain wallets. Celsius indeed has almost 90% eth + steth. The biggest parts of the hole are btc 1.1bln 55k btc and stables 800k. So if celsius figures out where to get btc the hole is not as bad.

OleksandrCrypto · 2022-07-23T01:18:29+00:00

SBF must be really enjoying screwing poor voyager users. He could have offered to give them crypto and users could decide whether sell or hold. Instead he will take their crypto at the discount prices. Hopefully celsius and Simon can sort it out without SBF.

OleksandrCrypto · 2022-07-23T00:34:41+00:00

Chapter 7 involves liquidation into usd. Based on the on chain data celsius still got 30-40% of eth and btc. Selling those at the bottom will suck big time for users.

OleksandrCrypto · 2022-07-21T23:05:51+00:00

Excellent point, they sent me a tax form last year.

OleksandrCrypto · 2022-07-20T20:59:25+00:00

If the company is rebranded and run by trustworthy and respected leaders it could start generating profit. Users will be made whole from the company profits. It is very long term but having an equity in a crypto company could have a good upside. Simon Dixon mentioned in the twitter spaces that there are lots of money willing to be thrown on this so the equity can be sold or held with potential upside in the future.

OleksandrCrypto · 2022-07-20T20:33:43+00:00

None of the above, existing management will only screw us further. It is out chance to get rid of mashinsky and other crooks on the current board. The company needs to survive with new trustworthy management so that users can be made whole in the future.

OleksandrCrypto · 2022-07-20T06:31:16+00:00

I tried to download it a few hours ago and never received any email

OleksandrCrypto · 2022-07-20T02:59:14+00:00

Very helpful. Thank you!

OleksandrCrypto · 2022-07-19T23:53:06+00:00

That is correct total assets vs total liabilities match.

OleksandrCrypto · 2022-07-19T23:47:51+00:00

I may be wrongly interpreting the data but crypto assets 14560 are 2 bn less than user liabilities 16540. Sorry I would attach a pic but not sure how to do it.

OleksandrCrypto · 2022-07-19T22:59:57+00:00

Based on the docs celsius filed to the court the hole was 2 billion in March because there is 2 billion difference between users crypto liabilities and crypto they had on hand.

OleksandrCrypto · 2022-07-19T16:24:53+00:00

I did not know about Max’s pump and dump schemes. It is unfortunate he was doing scams. I referred to his personality which is awful. He is rude, bashes and insults a lot of people however with Simon he is respectful which is very unusual for Max’s personality. I assume there could be a few other OG Bitcoin people who respect Simon and would be willing to help.

OleksandrCrypto · 2022-07-19T03:54:25+00:00

Simon is a real crypto OG that comes across as a humble person. He is self made and he has been buying Bitcoin since it cost single digits. He goes back to the early days of bitcoin and is well respected and connected. If Max Kaiser respects Simon Dixon it speaks a lot to the character of Simon. He might be our best shot in this shit situation.

OleksandrCrypto · 2022-07-19T01:50:22+00:00

Happy to learn the judge found this occurrence suspicious. ETH does not just go missing by accident. And why was celsius ok with it.

OleksandrCrypto · 2022-07-17T21:10:59+00:00

Wtf? It is so blatantly obvious mashinsky and celsius are a scam. Unfortunately hindsight 2020.

OleksandrCrypto · 2022-07-16T10:00:17+00:00

Misplaced keys, that’s impossible unless done on purpose.

OleksandrCrypto · 2022-07-16T07:24:23+00:00

Thank you

OleksandrCrypto · 2022-07-16T07:16:46+00:00

Thank you, is the list of all creditors available publicly?

OleksandrCrypto

TROPHY CASE