The US Trustee assigned to oversee #Celsius bankruptcy case filed an objection yesterday (9 August 22) seeking to challenge the company’s motions for court approval to sell its mined bitcoin “in ordinary course” and make “de minimis” asset transfers.
New statement by @CelsiusNetwork Unsecured Creditors Committee - 5 key goals (1) Safeguard Assets (2) Oversee #Celsius business plan development (3) Investigate @Mashinsky & others (4) Explore options to reorganize or sell the business (5) Communicate https://t.co/a3XV4OiAMc
@SimonDixonTwitt@CelsiusNetwork@SimonDixonTwitt, here’s the evidence that tells you that Paul Weiss has no damn business applying to be on the UCC, since @CelsiusNetwork’s general counsel and head of mergers and acquisitions Ron Deutsch previously worked there.
@DefiDon69
@bitronan
https://t.co/B4UBXV6tJx
@SimonDixonTwitt@SimonDixonTwitt this guy is trolling you, you honestly don’t need to reply. Any rational & ethical@person is behind and we all need you focused on moving forward with solutions. The trolls are just a distraction.
In Q2 2022, #Bitcoin mining efficiency surged 46% YoY, and sustainable power mix reached 59.5%, above 50% for the 5th quarter in a row. The network was 137% more secure YoY, only using 63% more energy. It is hard to find an industry more clean & efficient.
https://t.co/gqYn8qew9R
UPDATE: Meetings booked with key leaders & decision makers in #Bitcoin Friendly Jurisdictions to support the vision of hosting a regulated #Bitcoin Investment Bank out of this disaster after meeting regulators. Watch this space
IF @CelsiusNetwork moves to Chapter 11 we have a top tier team to support #DepositorsFirst - We have strategy, we have the ears of the board & we will have the ears of Chapter 11 as we prepared. In that case the strategy shirts to not dump deposits. Not legal or financial advise
I’m being asked to do a lot more spaces. Do you feel you need more on @CelsiusNetwork recovery plans or the last ones had enough for you to understand the plans? Maybe less of me talking & instead just answering questions?
My June 2022 public newsletter is now available.
It focuses on the Fed's current attempt to reduce demand and rein in inflation:
https://t.co/DQIaUmnmK4
.@rivatez to @jmrphy: "The only way we’re really going to save science from being so sh*t right now, is if we create more spaces and funding vehicles for more anarchy."
Bonjour! Want to come to Paris for #BinanceTurns5? 🇫🇷
Three people who retweet this post + follow @Binance and @Travalacom will win a free trip to our in-person 5th year anniversary event in July!
Tell us why you want to go 👇
Bitcoin is up 340% since March 1, 2020.
As central banks around the world devalued their currencies at a historic rate, there is only one asset that stood out from the pack.
#bitcoin is the savings technology that shields billions of people from undisciplined monetary policy.
In an attempt to help the @CelsiusNetwork community, we doubled the size of the daily Swap limit in the app and expanded the service to more users.
This service is provided with no fees or spreads charged by Celsius, so you can manage your coins quickly and free.