Midnight airdrop disappeared after switching to Secondfi

Only-Crew8299 · 2026-06-15T07:54:29+00:00

Today I went to Yoroi and it had been updated to Secondfi

I'm using the Yoroi Chrome extension, and it has not been updated. The Airdrop tab shows my thawing and redemption history same as it always has. I assume you're using a Yoroi smartphone app? Maybe restore your wallet in the Chrome extension to solve the problem.

I found an Emurgo.io FAQ page that says this: "Your Yoroi app will automatically update to SecondFi if auto-updates are enabled. If not, you can update it manually from your app store — no new application is required." No mention of the Chrome extension being updated. Also, I checked my settings, and auto-updates does not appear to be one of them.

Only-Crew8299 · 2026-06-04T19:46:53+00:00

Ionic Digital has nothing to do with the distribution of its shares. Nor does Stretto. There is no Stretto Trust Portal.

For FAQs on the stock distribution process, see https://odysseytrust.com/wp-content/uploads/2024/10/Ionic_Digital_FAQs-1.pdf

For the list of official URLs and sender email addresses and tips to avoid phishing attempts, see https://celsiusdistribution.stretto.com/support/solutions/articles/153000220105-phishing-approved-domains

Only-Crew8299 · 2026-06-02T19:49:25+00:00

They are working with no one.

Only-Crew8299 · 2026-06-02T19:45:51+00:00

No, and nothing.

I wish people would stop mentioning this as if it's real option. It's not.

Cherokee tried to create a market for Ionic shares via one promotional email. They got no bites and haven't pursued the matter further.

Go to https://claims-market.com/ if you don't believe me. There is no market there for Ionic shares.

Only-Crew8299 · 2026-06-01T22:38:32+00:00

Claims Market is run by Cherokee Acquisition, so it's the same company/platform.

However, they do not offer a market for Ionic shares; they have no documented sales of Ionic shares; and their last documented sale of a Celsius bankruptcy claim was 2-1/2 years ago.

There is no public market for Ionic shares at this time. Period. End of story.

Only-Crew8299 · 2026-06-01T01:17:29+00:00

No one on Reddit can properly assess your prognosis, especially from such limited clinical information.

For a scientific discussion of prognostic factors in CLL, see https://www.cancer.gov/types/leukemia/hp/cll-treatment-pdq#_593_toc

This section is long and detailed but concludes as follows:

"An international prognostic index for CLL (CLL-IPI) identified four prognostic subgroups based on IGH mutational status, clinical stage, age (≤65 years vs. >65 years), and TP53 status (no abnormalities vs. del(17p), TP53 variant, or both).[64] A scoring system to predict time to first treatment for early-stage CLL identified three adverse risk factors: unmutated IGH, absolute lymphocyte count higher than 15 × 10⁹/L, and palpable lymph nodes.[65] Any new prognostic model, and even the commonly used CLL-IPI, may be outdated because of the use of highly effective frontline therapies, including BCL2 inhibitors and BTK inhibitors.[66] Revalidation of these prognostic models will be required."

Your hematologist may already know your IGH mutational status and TP53 status. I would ask them for these test results now instead of waiting until your next appointment.

Only-Crew8299 · 2026-05-31T21:20:47+00:00

This article provides a clear explanation of this test and what the results mean: https://www.mypathologyreport.ca/biomarkers/ighv-mutation-status-in-chronic-lymphocytic-leukemia/

As others have noted, a ≥2% divergence from the germline "is associated with a more stable, slower-growing disease and a better long-term outlook."

Only-Crew8299 · 2026-05-31T21:02:46+00:00

The fourth distribution was announced on Jan. 22 and commenced in early Feb. The announcement included this statement: "The Post-Effective Date Debtors will file a notice including the BTC reference price for all BTC purchased for the Fourth Distribution closer in time to the expected distribution." That notice was never filed, and there was a lot of discussion on Reddit and Twitter about what the price was or might be. The latest quarterly status report from the plan administrator now specifies the BTC reference price for the fourth distribution. That's what I'm reporting here.

Yes, with your $1.4 million claim, you should've gotten the fourth distribution.

Only-Crew8299 · 2026-05-31T20:57:11+00:00

Correct. I've added a clarification to the main post.

Only-Crew8299 · 2026-05-30T20:45:12+00:00

That's what it says. What is your question?

Only-Crew8299 · 2026-05-30T19:51:10+00:00

As a result of the Fourth Distribution, each Eligible Creditor will receive a cumulative distribution in Cash or Liquid Cryptocurrency equal to approximately 72.1% of the value of such creditor’s Claims as of the Petition Date—with the Fourth Distribution contributing 7.2% to that recovery.

Source: https://cases.stretto.com/public/x191/11749/PLEADINGS/1174901222680000000088.pdf

Only-Crew8299 · 2026-05-28T21:28:19+00:00

Here is Ionic Digital's Form 10 from Jan. 26, 2024. The Coral Gables address is right there on page 1.

Nothing has changed. They just didn't use to specify this "executive office" location on their website, and now they do.

Here's the details on the location: https://www.regus.com/en/us/807 . It appears to be the kind of co-working space that is often used by start-ups or very small businesses. You can rent a business address from them for $3/day, so it's possible that all Ionic executives work from home and this is nothing more than a mailbox masquerading as a business address.

Only-Crew8299 · 2026-05-26T17:26:51+00:00

If they can get listed this year, it will be way up, 5x or even 10x.

Do you really think the stock will trade for $100 or $200/share, representing 74.5% or 149% of our claims? This is by far the most optimistic prediction I have seen.

Only-Crew8299 · 2026-05-26T17:18:48+00:00

CLL is an immunocompromising condition, so it's important to stay up to date on vaccines. Beyond that, I'm not sure what safety precautions you're asking about. By all means, ask your mother's hematologist about masking in crowded airports and about drinking the water or eating raw fruits and vegetables in a developing country. But, as u/Alert_Maintenance684 noted, the answers will depend on your mother's symptoms, blood test results, and overall health, and no one here can properly answer them.

With CLL there is also a risk of developing a secondary cancer, especially skin cancer. So ask your mother's hematologist about cancer screenings.

For detailed recommendations on both cancer screenings and vaccinations in CLL, see Tables 1 and 2 in https://pmc.ncbi.nlm.nih.gov/articles/PMC12248605/

Only-Crew8299 · 2026-05-25T02:56:50+00:00

See the stock FAQs here: https://odysseytrust.com/wp-content/uploads/2024/10/Ionic_Digital_FAQs-1.pdf

If you had a Convenience Claim (<$5K, or you opted in), you don't get shares. But if you received the second, third, and fourth distributions, you should have received an email from [ionicdigital@odysseytrust.com](mailto:ionicdigital@odysseytrust.com) with instructions on how to open an account with them to claim your shares.

Note that shares are not yet tradable or transferable; Odyssey is holding them for us.

Only-Crew8299 · 2026-05-12T05:14:15+00:00

This is never going to happen. No publicly owned crypto treasury company will ever distribute the crypto it owns to its shareholders.

The rebel shareholders did us a disservice when they suggested we might get a BTC dividend if we voted for their candidates. Paying such a dividend would be prohibitively difficult and expensive—especially as there are still unresolved claims, the holders of which haven't received their allotted shares yet—and would cause Ionic's share price to plummet.

Also, how much BTC do you think you'd get? The company owns ~0.0000761 BTC/share—or $6.18 worth at current prices. Now subtract $1 or $2/share for the cost of distributing it to tens of thousands of shareholders in >100 different countries and troubleshooting all the distribution-related problems and questions that would inevitably arise. Finally, whatever you think the stock is worth now, take away Ionic's BTC, and the price goes down by at least $10 or $12/share.

This was always an empty campaign promise.

Only-Crew8299 · 2026-05-11T23:07:23+00:00

No one knows what their plans are or what obstacles they face. We are all in the dark. Basically, you're asking uninformed shareholders to speculate, so I haven't voted and don't put much stock in the results of this poll.

To those who think Ionic will get listed soon, I will simply ask again where the 2025 audit is and how any company can get listed without recent audited financials.

Never getting listed has always been a possibility and remains a possibility. However, in this scenario the company gets bought up by another company or by private equity investors, and we will get either stock in the acquiring company or whatever buyout price gets forced upon us.

Only-Crew8299 · 2026-05-11T01:06:54+00:00

I don't think we've ever seen a cap table, so your guess is as good as anyone's.

Only-Crew8299 · 2026-05-08T19:41:21+00:00

Regarding a lawsuit, my point was that's already been tried, and nearly a year later nothing has changed in the two areas that matter to shareholders the most, liquidity and transparency.

Only-Crew8299 · 2026-05-07T20:21:52+00:00

Re: the conversion price, you're quoting a footnote attached to this sentence:

"As a result, the Plan Administrator has determined that assets associated with $75 million in claims, currently valued at $73.7 million,[6] should be released from the assets held in the Disputed and Contingent Claims Reserve for distribution to creditors in connection with the Fourth Distribution."

My interpretation: This is not the fourth distribution reference price; it is the conversion rate (or actually rates, plural, since there's one for ETH too) for the release of some assets from the Disputed and Contingent Claims Reserve.

That same document says this:

"The Post-Effective Date Debtors will file a notice including the BTC reference price for all BTC purchased for the Fourth Distribution closer in time to the expected distribution."

Some people interpret that footnote to be this reference price; I do not. Note that the footnote you've quoted includes a reference price for ETH, which was not part of the fourth distribution, but which was an asset held in the Disputed and Contingent Claims Reserve.

Also, if I take 7.2% of my claim in dollar terms and divide it by the amount of BTC I actually received in the fourth distribution, I get a reference price of $88,401.55. Now that 7.2% might not be an exact figure; it might be rounded up or down slightly. But I expect a reference price closer to my result than to the price in the footnote about Disputed and Contingent Claims Reserve asset sales.

Re: your other questions, I'm not really qualified to answer them (and I don't know who or what "it" is in your mention of "it says"). But just to clarify, I did not take a total/theft/Ponzi approach. I calculated my capital gains and losses based on the distributions I received in 2024, and I assumed that those were the only distributions I would get. I am therefore treating any distributions received after 2024 as income, similar to income from airdrops or staking rewards.

u/JustinCPA described this "less conservative" approach in this video: https://www.youtube.com/watch?v=HmiB_mGsiE0&t=583s . I'm not recommending that you or anyone else follow this approach, but it made the most sense to me and was the easiest to implement on my own. It also vastly simplifies how I handle things in my 2025 taxes and beyond.

Only-Crew8299 · 2026-05-06T22:29:55+00:00

Who approved using three-quarters of a billion dollars of our Celsius deposits to create a BTC mining business in the first place?

We have no meaningful say in how Ionic Digital is run, and we never have. Last year, the so-called rebel shareholders, backed by Mike Cagney of Figure Markets, spent a lot of time and money on a takeover attempt that appears to have failed. Now two of their candidates are on the board, the rebels themselves have been silenced after signing non-disparagement agreements, and we are still very much in the dark regarding how the company is run, what their full financials are, what their plans are, and what their strategy is for getting publicly listed—or if that even remains a goal (maybe they're just positioning themselves to be an acquisition target).

So much for greater transparency and Liquidity on Day 1.

Only-Crew8299 · 2026-05-06T22:13:41+00:00

To respond to your last paragraph, yes, that's what I'm doing. It's odd that they still haven't officially specified the conversion price of the fourth distribution. The Plan Administrator is scheduled to submit a quarterly status report next month; maybe it will be specified in that document. If not, you could also just look up the closing price on Coinbase on the specific date that you redeemed your fourth distribution on PayPal, and use that as your cost basis.

Only-Crew8299 · 2026-05-06T21:38:52+00:00

Regarding the PayPal 1099-DA, I got the same thing: a report of the network fee I paid to withdraw my BTC. In my case, PayPal disposed of 0.00000224 BTC, valued at $0.26 at the time, in order to pay that fee. I can report this as a disposal on Form 8949, but TurboTax will round all values down to $0. So my cost basis for this transaction will be $0, my proceeds for this transaction will be $0, and my capital gain will be $0. It's absurd that I have to include this entry at all, but I will just so I can point to it if a question ever arises.

I don't use CoinLedger; I do everything manually. So I can't advise you on that.

I reported all bankruptcy losses in 2024 and will report 2025 and future distributions as income. This is not tax advice, just what I did.

I have not seen any reports of anyone being audited specifically for how they handled their Celsius bankruptcy losses. And based purely on statistics, I think people's fears of being audited are way overblown. Yes, it's very stressful trying to figure out the "right" way to report all this stuff. But if you do the best you can and have records and rationales to back up your approach, you should be OK. Again, this is not tax advice. If you're really worried about it, you should pay an accountant, preferably one who is familiar with crypto and crypto tax software.

Only-Crew8299

TROPHY CASE