2023-01-31
@CelsiusUcc @Mashinsky Paying $1.36B more rewards than revenue is a precondition for a Ponzi Scheme. The source of those rewards substantially including deposits would confirm it. (hint: deposits paid withdrawals) https://twitter.com/...
CoinDesk
Independent examiner: Celsius misled investors and sometimes used new customer funds to pay for withdrawals, CEO Alex Mashinsky made false claims, and more
Shoba Pillay was appointed by a New York bankruptcy court to look at whether the crypto lender operated as a Ponzi scheme
Sounds like the bankruptcy filing price of CEL is $0.815 overvalued @CelsiusUcc. Celsius employees knew the true value of CEL. Meanwhile, @Mashinsky used his feline followers as exit liquidity, cashing out $68.7M. https://twitter.com/...
CoinDesk
Independent examiner: Celsius misled investors and sometimes used new customer funds to pay for withdrawals, CEO Alex Mashinsky made false claims, and more
Shoba Pillay was appointed by a New York bankruptcy court to look at whether the crypto lender operated as a Ponzi scheme
2023-01-06
Thank you @NewYorkStateAG for such a wonderful start to 2023 👏 👏 https://ag.ny.gov/... https://twitter.com/...
Wall Street Journal
New York AG Letitia James files a civil lawsuit against Celsius co-founder Alex Mashinsky, alleging he defrauded investors out of billions via false statements
Wall Street Journal :
2022-11-30
Celsius depositors have waited over four months and made less progress than BlockFi made in a single day. Enough is enough. We are not trusting in this incompetent, mismanaged organization to do the right thing by their customers; they are incapable. New Jersey has this right: https://twitter.com/...
CNBC
In a bankruptcy hearing, BlockFi's lawyers say the lender plans to reopen withdrawals, BlockFi lent $671M to Alameda and has $355M frozen on FTX, and more
but let's just say it *helps* when FTX & BlockFi are no longer market dumping our every BTC/ETH deposit to prop up their fraudulent schemes. Layah Heilpern / @layahheilpern : Just ...