medx Profile picture
Jul 5 2 tweets 2 min read Read on X
Celsius Network has officially sued me and thousands of innocent users in New York courts this week. Every single person & entity in crypto needs to be fighting alongside us against this bs. Because if we lose, it will affect every user of a cex.

We are every day people who used the platform as normal, not insiders, not bad actors, and because we happened to take our money off the platform 90 days before they declared bankruptcy they are trying to clawback all those funds plus more because they are suing for June 14, 2024 market rates, not 2022 rates. WTF!!

They are asking for outrageous sums of money, basically my entire net worth is what I'm being sued for, for doing absolutely nothing wrong.

At first I thought this was a scam and then some shakedown, but now that the suit is actually filed, I have to spend thousands to retain an attorney.

In addition, they have more than doubled the amount of money they are suing for because they changed the ask to current pricing of btc/eth vs originally asking for 2022 pricing. They are causing emotional turmoil, because they can. It's insanity.

The lawyers say they are going to give the money to other users of the platform and spread it around, but that's a fucking joke, those folks will get fractions of a penny on the dollar. All of this money will go into pockets of lawyers. This lawsuit will destroy the lives of thousands of innocent people.

Everyone in the industry needs to unite against this. We need to get this case tossed. @cobie
@GCRClassic @zachxbt @brian_armstrong @justinsuntron @jespow

These are the lawyers making everyone's life hell. Along with Cam Crews of the Celsius LOC.Image
Thank you everyone for spreading the word. We need to fight this together as a united front. If any well-known trusted parties like @cobie (sorry to drag you into this) or someone else would like to escrow defense funds, let's take this fight public.

Lastly, continue to decentralize crypto & finance. In unity.

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with medx

medx Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

:(