Today I wasted too much time trying to reconcile some fairly basic numbers for #celsius which was a bit frustrating and I was scratching around trying to work out where I'd gone wrong.
So I'll throw it out to twitter ..... Someone tell which one of these numbers on celcius.network/cel-token-expl… page is actually correct?
Ok its a bit of a trick question....As literally all of them are incorrect in one form or another.
ffs this is mean't to be a multi-billion dollar unicorn and the page on their website that's sole purpose is to EXPLAIN how their business works fails so dismay they can't even add up properly. Does #celsius have the same spreadsheet manager as #tether?
But wait that was only one section of the page.....Let now look at token supply
Assuming correct number on issue is 695.66m the balance is 67.2m (9.66%). Obviously what its meant to show is 15 holders by address and not the complete supply list...but ffs if you gonna be out there swinging your dick at least get your shit together and make sure shit adds up.
just got around going through #celsiusnetwork financials for Dec 2020 accounts. (see my previous posts re:$150m secured debt). I probably won't finish off the analysis until end of the week (pulling all the data into sheets is a pain). here's something to make you go 🤔
For clarity even though its a UK company all figures are in US'000.....which means the assets shown are US$4.709B and 'net assets' are US$1.44B.....I'll admit. once I realized the numbers were billions not millions....I was kinda impressed...
...I should say cautiously impressed....how did they go from $290M net assets to $1.5B in 10 months?
I've been asked a couple of times how I was able to aggregate the daily #tether transparency pages so I thought I'd share the data.
Shared googlesheet >>> bit.ly/3iQ3W5U#OSINT
While you could scrape the html table direct from the transparency page its only provides the last 24hours.
Wayback machine captures the page multiple times per month. Use the IMPORTHTML function (USDT is "table 3") web.archive.org/web/2021011213…
Tether gold is "Table 6". As XAUT is reported in 'oz' and note $ and only issued on Eth. The empty columns have been removed and converted to US$m using daily #gold price from gold.org
@CasPiancey@BennettTomlin@ThinkPolOfficer As the week I was pulling the data was literally the same week that google began to shut down the service. Over time the profile images also disappeared as I had just used the image lines direct from the google+ account
@ebit4u Every country has a certain comparative advantage over others. This is what Cyprus does best so in acknowledgement that these start-ups have tiny tiny tiny micro lives they make sure there is high throughput, rapid turnover and tiny little fines when they get caught
@ebit4u kinda genius nurturing 10x the volume of startups, means 10x the licensing and end of life fines keeps the costs down ensuring they can be up and running quick as a flash.
@ebit4u Lets look at the #teman family as one that's managed to grow a couple of brands and while yes the copped a fine at the end of each run it was never such that it hurt their entrepreneurial spirit.
Following the release of #tether's distended testicle I mean attestation. I attempted to reconstruct some numbers....as mentioned only additional information I was able to yield was there was an additional $13m of undisclosed debt.
Armed with the donkey boys amazing double barrel pie chart I've added to the original analysis. The same doc previously shared which I'll share again at the end.
Ironically It's highly likely I've spent more hours on Tether's accounts in the last week than they have collectively in the last couple of years.
@haydentiff@NitrousDelivery@BennettTomlin So the fake unlicensed Gambian entity was the first Euro EXIM "group company" it would have been setup (and sold) as turn key "shelf company" - Gambian incorporated with banking license and #probanx banking software (more than half these fake Gambian companies
@haydentiff@NitrousDelivery@BennettTomlin So as you can see from the certificate the company was incorporated in Feb 2015 and the certificate showing the acquirers name is 8 May 2015. This date's important.