1/16 This is going to be an interesting thread. The following events happened on March 12, 2020 during the flash crash. Even I make mistakes. So please be careful when sending coins. A big thanks to @marisamcknight of @Liquid_Global for helping me through this disaster.
2/16 PLEASE NOTE: A good friend of mine has a @Liquid_Global account. She’s in a foreign country, as US residents cannot own a @Liquid_Global account. She’s not good with crypto so I help her from time to time. I teach her crypto and she transfer coins for me when I need to.
3/16 On March 12th during the height of the flash crash, I wired $10,000 into @Gemini to buy CEL tokens. I bought 75 ETH in total on @Gemini and I was rushing and sending 25 ETH to IDEX and 25 ETH to Switcheo, and then the last 25 ETH I sent to @Liquid_Global super rushing.
4/16 I sent the 25 ETH to @Liquid_Global not double-checking the address, because I wanted to get the CEL token price at $0.055 on @Liquid_Global, so I rushed. I transferred the 25 ETH from my @Gemini account to the @Liquid_Global account, but I transferred the 25 ETH to the
5/16 @Liquid_Global Celsius address and not the @Liquid_Global Ethereum address. I bought the CEL tokens on IDEX and also on Switcheo and jumped over to @Liquid_Global waiting for the 25 ETH to arrive. I waited like 30 minutes for the ETH to arrive, because on that day it wasn’t
6/16 unusual for coins to be delayed because the Ethereum blockchain was experiencing very heavy use. I said, let me check Etherscan, and when I checked Etherscan the transaction said “success,” which shocked me. So I went back over to @Liquid_Global and said I should see
7/16 the 25 ETH now. Nothing! it still didn’t arrive. And I said that’s impossible; the blockchain cannot lie. So I started to think what’s going on. I was scared as hell. 25 ETH at a total cost of $3,315 was missing and I was like what the fuck. So I said, you know what, let me
8/16 double-check the Ethereum address, and that’s when I realized the mistake. My heart sunk. I sent the 25 ETH to the Celsius address on @Liquid_Global, NOT the Ethereum address. Long story short, @Liquid_Global said there’s no guarantee I’ll get the 25 ETH back, and even if
9/16 they try to retrieve the 25 ETH, it wouldn’t be until at least 3 or 4 months down the road. So I waited and sent emails in the interim to the @Liquid_Global tech team and they just said I have to wait.
Sometime in June, I bought some CEL tokens for a friend of mine on
10/16 @Liquid_Global and I noticed that the withdrawal fee increased from 5 CEL tokens to 15 CEL tokens even though the CEL price was at $0.325 and not $0.055 anymore. I sent out an angry tweet, which many of you may remember, because it lit up the Celsius community on Twitter.
11/16 @marisamcknight saw the tweet and @waseemshabout put me in touch with her and she lowered the CEL withdrawal fee to 10 CEL within 3 hours. @marisamcknight contacted her tech team in June and said her tech team will be able to do the retrieval in August. The tech team
12/16 contacted me last week and said they’ll have the 25 ETH retrieved and sent to my Ethereum wallet on @Liquid_Global, and this morning I got an email saying the 25 ETH was retrieved and in the Ethereum wallet on @Liquid_Global. When I tell you I did not delay logging into
13/16 @Liquid_Global and transferring the 25 ETH over to Celsius, I mean I did not delay. I checked the Celsius address 10 times just to make absolutely sure, as I didn’t want another error, and the 25 ETH are now on Celsius earning 4.55% APY. I just want to say a big
14/16 thank you to @marisamcknight and the entire @Liquid_Global tech team for doing this. I bought the 25 ETH for $132.60 apiece ($3,315) on March 12th and the 25 ETH are now worth, at the time of writing, $9,850, a 197% increase. It is bittersweet because that 25 ETH was
15/16 supposed to buy CEL at $0.055, which would have given me 60,272 CEL on March 12th, but I’m so grateful to have the 25 ETH back.
Let that be a lesson to anyone, to always take your time when sending coins and double and triple checking your deposit addresses. Even though
16/16 I’m a pro at sending coins, I make mistakes, & that mistake cost me getting CEL at $0.055 but I’m so grateful to get the 25 ETH back, as I could have lost the 25 ETH ($3,315)
BTW, I was still able to get CEL on Switcheo & IDEX for like $0.058 & $0.06 using the other 50 ETH.
@threadreaderapp unroll
Share this Scrolly Tale with your friends.
A Scrolly Tale is a new way to read Twitter threads with a more visually immersive experience.
Discover more beautiful Scrolly Tales like this.