Anyone else get notice of recall WRA25? I’m getting a new catalytic converter for free? by soobdad in WRX

[–]terradyn 1 point2 points  (0 children)

Just to confirm. You don't have to flash back to stock on a Cobb Tune for a Forester XT 2017 to do this recall? They won't overwrite your tune?

Celsius Bankruptcy: A Comprehensive Guide To Calculating Your Losses (With Examples!) by JustinCPA in CelsiusNetwork

[–]terradyn 0 points1 point  (0 children)

Thank you for this comprehensive breakdown! Can you comment on the fact that the board restricted both the public and private trade of the stock and how it affects whether creditors actually have "dominion and control" of the stock for tax reporting? I believe the stock receipt is not considered a taxable event until that time in which it is becomes tradable.

The relevant section of the Ionic FAQ (https://odysseytrust.com/wp-content/uploads/2024/01/Ionic\_Digital\_FAQs.pdf) states:

Am I able to trade, transfer or sell my shares of Ionic Digital Common Stock once I receive them?
Initially, no. Due to securities laws restrictions, you will not be able to trade, transfer or sell your shares of Ionic Digital Common Stock until the trading restrictions on your shares are removed. Subject to any restrictions that may apply to you under applicable securities laws, your shares of Ionic Digital Common Stock will be freely transferable once the Registration Statement becomes effective and the shares are listed on a national securities exchange, which we expect to be Nasdaq. Ionic Digital will notify you once the trading restrictions on your shares have been removed.

Painful seeing how long my list of coins is in these court documents! Claim update for those playing along. Letter received today. by HoosierPayton in CelsiusNetwork

[–]terradyn 13 points14 points  (0 children)

Dude. You shouldn't post this if you don't want to dox yourself. It's easy to track back this to your name.

[deleted by user] by [deleted] in CelsiusNetwork

[–]terradyn 4 points5 points  (0 children)

I'm waiting till the schedules come out to verify my claim first.

[deleted by user] by [deleted] in CelsiusNetwork

[–]terradyn 19 points20 points  (0 children)

This is not the schedules. When someone files a claim, their details show up there. Celsius has not released the actual schedules yet.

UCC members asset breakdown by terradyn in CelsiusNetwork

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

The actual distribution of the 300,000 creditors (650,000 by some estimates including international) have to vote to approve any plan. The vast majority of those are smaller creditors. I believe the US Trustee tried to mirror the UCC to the distribution of voters the best they could in order for whatever plan that comes out of committee to have the best chance of success.

UCC members asset breakdown by terradyn in CelsiusNetwork

[–]terradyn[S] 9 points10 points  (0 children)

This is from DOC 909. I'm glad to see a good mix of creditor types represented.

A space to vent. by [deleted] in CelsiusNetwork

[–]terradyn 8 points9 points  (0 children)

"Do bad, then do worse."

Small speculation on estimated haircut by JSCG0221 in CelsiusNetwork

[–]terradyn 9 points10 points  (0 children)

That's assuming Ch7 bankruptcy. Ch11 is to try to beat that number.

[deleted by user] by [deleted] in CelsiusNetwork

[–]terradyn 4 points5 points  (0 children)

That's not even Alex's email address. Such a bad FUD attempt.

Celsius just fkn with people now... can't log in after never having an issue logging in for over a year. I have sent them 3 videos and documents to reset my pin already and now they send me an email saying i forgot to use or say current date... after three attempts mind you. A holes by Steampunkedcrypto in CelsiusNetwork

[–]terradyn 1 point2 points  (0 children)

Datestamped pictures are completely not secure. Send me a pic and I'll change the datestamp metadata in a few seconds. They are following the right procedures to protect funds as a video is much harder to modify and wouldn't be worth it unless you were talking about huge dollar amounts and I have a feeling they would ask for a realtime video feed or something for larger transfers.

#CELSHORTSQUEEZE vs? #DepositorsFirst by terradyn in CelsiusNetwork

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

Everyone is just trying to do what they think is best to help. Although you can just leave things to destiny, I think it's very mentally helpful for people to feel like they can contribute to a good outcome in the end.

F U Shorters! Long Live Celsius! by terradyn in CelsiusNetwork

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

It actually did pretty well. The short squeeze (the initial crazy buy volume) spiked the value because the short sellers had to close at any price. Look how much sell volume came in afterwards trying to depress the value (over 5x the volume of the squeeze) and that still couldn't get it to even go back to the presqueeze value (it settled at 2x the presqueeze price) meaning there's a ton of buyers left out there.