2/8 But I further told the person that DM’d me (who I won’t name) the following statement:
“SBF is who I was hunting in the #CELshortsqueeze from day 1, while others were hunting @Mashinsky. My thought has always been a thief doesn’t put together a business plan like Celsius.
3/8 “Take the emotional hate for @Mashinsky out of it and just follow the numbers. Why steal when you can get the money legally by just giving back way less when you started the company.
I know quite a lot more than the average person.
I just never saw him as a thief, and
4/8 “no evidence has surfaced from the Examiner — so far — that he stole ussr friends, unlike SBF who stole all user funds and users will get less than a penny on the dollar, whereas Celsius users have a chance to get 50 cents on the dollar plus equity in #Bitcoin mining and the
5/8 “entire company. All the money is here, more than $1.2 billion. The investments that Alex did are worth a lot of money, especially the bitcoin mining facility.
EquitiesFirst alone owes Celsius $363 million + 3,764 #Bitcoin as of Ch 11 filing.
Celsius mining owes Celsius
6/8 “$550 million. Those 2 numbers alone are $903 million + 3,764 #Bitcoin (at $17K) gives you $967 million, which is basically the entire hole at these #Bitcoin prices. Plus we have so many other things that Alex invested in, like $40 million in MATIC, $25 million in @1inch.
7/8 “Jason Stone (@0x_b1) allegedly stole $100 million and Celsius is suing him. So that’s another $60 million easily to get from him assuming a settlement.
FireBlocks owes us 35,000 ETH and Celsius is suing them
Celsius just got back $17 million from PrimeTrust from money they
8/8 “kept from Celsius 2 years ago and blamed the breakup of the relationship on Celsius and kept our coins.
The point is all the money is here. Nothing is missing. More than enough assets are here to get us paid back 100% plus a very significant upside.
Follow the numbers.”
And how could I forget, we have over 410K ETH staked as stETH, which pays about 9% right now. That’s 3,075 ETH per month that comes to the estate, which is $3.7 million (give or take depending on the price of ETH).
Was told stETH is now paying 4.6% right now, not 9% like a couple weeks ago — just an FYI.
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Simon is in our community and Spaces wearing 3 hats: The 1st hat is as a creditor, the 2nd hat is as an equityholder, and the 3rd hat is as the CEO of @BnkToTheFuture.
It is not in Simon’s interest as a preferred equityholder or as the CEO of @BnkToTheFuture for Celsius to reorg
or for us to get a good bid, or some kind of fund that gives us equity. It’s only in Simon’s interest if Celsius does well as a creditor; but he doesn’t give a flying fuck about the $10M-$15M he has on Celsius as a creditor, b/c he’s doing everything he can to devalue Celsius to
make it as cheap as possible for a 3rd party to buy Celsius, which is not good for Simon as a creditor and not good for us as a creditor; however, what he’s doing is great for him as an equityholder & also as the CEO of @BnkToTheFuture. That is where the disconnect lies. How can
Will someone pass this msg to @BTCKYLE since he DM’d me, asked a question and then blocked me for retweeting a tweet without giving me a chance to answer his DM.
Kyle, you’re not the only one in that tweet, Simon is as well. It was Not directed at you.
Simon can’t raise the money to help this community and he’s not here to help us, he’s here to help himself make billions. We’re just pawns.
I understand that a lot of people can’t see that. Simon is a creditor, a preferred equity holder and the CEO of BTTF. He can’t slave for
all 3. Since you support Simon, you do get caught up in tweets and retweets as collateral damage. If that offends you, I’m not sure what to tell you.
You don’t hear me bitching and complaining when you’re in Simon’s rooms sucking up to him and saying you’re toxic, @BTCKYLE.
1/13 You’re a Simon disciple and begging for Simon to unilaterally overrule the court-appointed UCC members, which represents us. Simon has been bashing @Silkee_D and @ThomasADiFiore for making the best decision on creditors’ behalf, which turns out not to be in Simon’s best
2/13 interest. How can Simon bash the UCC for doing something they deem to be in the best interest of creditors. The @CelsiusUcc members are not doing what’s in the best interest of @BnkToTheFuture, and that’s the problem. Simon and the UCC will never be on the same page because
3/13 Simon wants Celsius’ assets to go to his company @BnkToTheFuture and the @CelsiusUcc wants those assets to go to us creditors. That is the crux of the disagreement. And anyone who believes that Simon is here representing himself as a creditor and wants what’s best for
1/4 I don’t have time to write a full thread about this, so here’s the short version. A lot of people are asking me about this. I’ve explained it on Spaces. But let me give the short version.
2/4 Celsius got GK8 for free. Even though they paid $115 million for GK8, it was paid for with equity in Celsius, the company, and CEL token; so half equity and half in CEL token, + some cash. That money was held in escrow, so it was never paid, and then Celsius filed bankruptcy.
3/4 So the GK8 owners never got paid. So Celsius got $40 million for nothing
The reason why they sold GK8 is because it was an Israeli company and they didn’t have any US licenses. So Celsius couldn’t use them. And because the owners of
1/4 Here’s something that no one is talking about: As part of @FTX_Official’s chapter 11, they have to close all positions and name all the shorter-sellers on FTX, including the short-sellers that shorted CEL. Since SBF didn’t close all the open positions on FTX prior to filing
2/4 Chapter 11, the liquidator has to do it now. He has to buy CEL on @1inch, or other exchanges, or buy CEL from Celsius. This will also help to close our hole. I think we should sell those CEL at minimum for $20. Why $20 and not $100? FTX doesn’t have the cash to buy each CEL
3/4 for $100 each. To be clear, there’s a 20 million CEL open buy order on @FTX_Official right now as we speak that the big whale (s) wanted filled at $0.01. That order must be closed prior to filing Ch 11, but since it wasn’t closed, the liquidator has to now close that
1/4 This is clearly a motive for attacking @Mashinsky and trying to divide the @CelsiusNetwork community. @SimonDixonTwitt just wants the spoils of Celsius to end up on @BankToTheFuture so he can charge everyone fees. That’s not how this thing works.
2/4 This is absurd. @SimonDixonTwitt had access to the data room in June and then said Celsius was a Ponzi, knowing he was lying. The Examiner ruled Celsius was not a Ponzi scheme. So the question is, why did @SimonDixonTwitt lie to this community and divide it, knowing damn well
3/4 he couldn’t help us, because he can’t raise the money to help us? For those of you still following him, just remember what I told you: You will positively regret that decision. Yes, this 🍋 told you that. And frankly, I’m tired of repeating myself to those that don’t listen.