Thread by @thecyphercat

Dixon, Cory & Keiser all campaigned against Celsius. Dixon was in communication with Keiser and friends with these individuals while they coordinated a campaign to kill us, he stabbed Mashinsky in the back. Dixon swooped in to divide the community. He is a parasite.

BTTF attempted to sell it's entire business over to Celsius Network but was declined. When Dixon couldn't "exit" he got upset. Dixon was told a lot from Celsius, and was trusted to Mashinsky's own detriment.

Dixon for the last 8 months has been deploying bots, infiltrating spaces and corrupting the UCC's opinion to form a narrative about Celsius that isn't true, all the way to the examiners report.

What the world isn't being told is how 30% of Celsius assets were always withdrawable, 40% deployed and 30% made long-term illiquid. 70% remained untouched while the long-term illiquid stuff had been shifted into a mining facility to make up any short-term losses. (not criminal)

Many protocols and projects which had insurance screwed over Celsius and didn't follow through, that is primarily where any losses would of come from, but that is besides the point and here's why...

Businesses such as Celsius only requirement (like a bank) is to meet their liquidity obligations to their users for withdrawal, not to never make a loss ever. Making a short-term loss isn't criminal and is exactly the reason for having long-term illiquid investment plays.

Aside from that our multi-billion dollar Treasury was illegally shorted & counterfeit by FTX/Alameda down to nothing.

#1

Our positions (such as stETH) were attacked, where Celsius were forced to take immediate action.

#2

Celsius was market-made by FTX/Alameda into a Bank-Run scenario in which the 70% liquid maximum withdraw limit was reached.

#3

Prioritizing treasury is also not criminal and would have saved Celsius from attack had the assault not been so severe from FTX/Alameda.

Yet each one of the things I have told you has been framed in a completely different light, you've been told that Celsius did all this maliciously...but how could that be so?

How is it possible that Mashinsky would intentionally destroy his own legacy and willfully walk directly into a chp. 11 proceedings in which he himself authorized if we could all be so confident that such a thing were Malicious?

How is it possible that when the day the attack happened, the attack no one saw coming...over 1000 community volunteers were last-minute called upon to help in stopping the endless wave of fear and panic?

How is it possible that in our darkest hour, every major media outlet had been publishing the exact same market-made lies? Where FTX influencers were everywhere to be seen and Celsius would be framed to take the fall!?

And HOW is it possible 4 additional revenue streams were to be launched with a Mining facility of our very own set to IPO and alongside it an internal restructuring effort behind the scenes...which would have absolutely kept us going...how's it possible if any of this was malice?

1. Celsius X DeFi
2. Staking
3. Credit Card
4. On-Ramps
+ swaps & new coins

All being tirelessly developed and ready for close deployment as revenue streams in order to facilitate their liquidity obligations toward Celsius users.

The truth is that Celsius tried, they tried hard and it's core community defended it as it was viciously and unexpectedly attacked.

Opportunists all over the internet (such as Dixon) found this as a way in which to market themselves. If all eyes were on Celsius then all eyes could be on them too.

People monetized our downfall instead of searching for truth, instead of offering to lend a hand. Aside from the 1000 people willing to step up (thank you to those incredible people) we were left to die and our story was to be ripped away from us relentlessly.

Without a bank-run, with our treasury in tact, our positions not under attack and with the truth known ...we would not be where we are today. Mashinsky didn't want this, #CELARMY didn't want this, that's why he's standing up for his core community with the CEL Ad-Hoc group.

@threadreaderapp "unroll"