Wormy

$Wormy the wholesome memecoin! Created by creditors that got rugged by Celsius, BlockFi & FTX. No Presale, No X Bots, No Insiders

[Wormy @badluckwormy]

#CelsiusNetwork, a crypto currency lending platform, ultimately went bankrupt due to a combination of poor risk management and outright fraud from its co-founder, #AlexMashinsky. A massive influx of withdrawals triggered by a market downturn exposed Celsius for failing to hold customer deposits one-for-one. Customers were shocked to discover a massive hole in the balance sheet.

Alex Mashinsky was found making false and misleading statements about the safety and security of the Celsius platform and its investments. He was also charged with orchestrating a scheme to manipulate the price of Celsius's proprietary token, #CEL, by using hundreds of millions of dollars of customer deposits to artificially inflate the price of CEL on the open market while simultaneously selling his own CEL token. Alex and his co-conspirators withdrew all their assets off the platform right before they filed for bankruptcy, leaving nothing but their CEL behind. At one point, Alex Mashinsky attempted to leave the country via Morristown Airport but was stopped by authorities.

During the nearly 2 year bankruptcy process, Alex Mashinsky’s wife, #KrissyMashinsky, thought it would be a good idea to sell “unbankrupt yourself” t-shirts…seemingly mocking those individuals her husband led into bankruptcy. Celsius victims ultimately walked away with a sub-30% recovery on their assets.

TLDR: Not your keys, not your Bitcoin. The potential risks associated with lending your cryptocurrency to any company should not be underestimated, as the benefits are often minimal. No matter what assurances are given or what is stated in the terms and conditions, it's crucial to understand that if bankruptcy occurs, the courts can set their own rules, often times taking advantage of customers/creditors. Do not rely on the court system for support if you mistakenly place your trust in a fraudulent cryptocurrency company. #FTX, #Celsius, #BlockFi and #Voyager, all of which were operated by the same dishonest lawyers, have proven to be unscrupulous and have further deprived creditors of their rightful value. #Hodl your #crypto, and never lend it.

"Better be wise by the misfortunes of others than by your own" - Aesop

Stay tuned for the latest updates as Wormy sets its sights on BlockFi and FTX next.

$Wormy #Wormy #CelShortSqueeze #CelsiusCommunity #cryptoinvestor #cryptocurrency #creditors #memecoins #CelsiusShortSqueeze #CelArmy #Celsians #UnbankYourself #cryptolending #cryptonews #3AC #Genesis #FTXbankruptcy #unchained #nexo #binance #coinbase #SBF #SBF_FTX #FTXcreditors #FTT #localfriday #KrissyMeehan @base @TiffanyFong_ @sunil_trades @Apompliano @AltcoinDailyio @Mashinsky @KrissyMM @usastrongIO

[Wormy @badluckwormy]

another 3M $wormy locked up for life

24M down 26M to go

https://t.co/Jn1w5mySpz

$wormy #wormy @base #memecoins #cryptocurrency

[Wormy @badluckwormy]

happy halving everyone!

21 down 29 to go

https://t.co/0dLCDmGT5d

$wormy #wormy @base #memecoins #cryptocurrency

[Wormy @badluckwormy]

we lost 4M $Wormy and 1 follower :(

19 down

31 to go

https://t.co/E9InNSVIOH

#wormy @base #memecoins #cryptocurrency

[Wormy @badluckwormy]

@coryswan @stablekwon Impossible, I found his trezor.

https://t.co/QSrEIeBdyk

[Wormy @badluckwormy]

The $Wormy saga is unfolding!

In our inaugural escapade, $Wormy beats the feds to the punch and snags 10000 #Bitcoin after tracking down Do Kwon.

Keep your eyes peeled for the next chapter of the $Wormy chronicles.

Eli5 Summary of Luna/Terra:
• Luna lost almost all its value overnight, dropping to nearly $0.
• Terra's $UST aimed to match the value of the US dollar, allowing traders to exchange it for equivalent Luna.
• $UST, an algorithmic stable-coin, used code to maintain a $1 price through minting and burning.
• $UST is created by burning Luna, ensuring its value remains close to $1.
• Attempts to stabilize $UST by increasing Luna supply failed, causing Luna's price to plummet.
• The peg to the dollar was lost, prompting investors to sell off Luna.
• Luna/USDT was de-listed from exchanges.
• Hodlers lose billions and Do Kwon flees.

More Info:
https://t.co/uYM4EvVL7q

#trezor #luna #terra #dokwon #crypto #binance #Lunc #cryptocurrency #memecoin $Luna $Terra $Lunc #coinbase #BaseChain

[Wormy @badluckwormy]

@DanielFCelsius @camcrews We’re mostly from FTX. Big fans of @camcrews!

[Wormy @badluckwormy]

@watchking69 That's the controller @HsakaTrades uses to snipe those dips

[Wormy @badluckwormy]

The prequel directed by Do Juan and $Wormy

https://t.co/sqFGb84sBr

[Wormy @badluckwormy]

The $Wormy saga is unfolding!

In our inaugural escapade, $Wormy beats the feds to the punch and snags 10000 #Bitcoin after tracking down Do Kwon.

Keep your eyes peeled for the next chapter of the $Wormy chronicles.

Eli5 Summary of Luna/Terra:
• Luna lost almost all its value overnight, dropping to nearly $0.
• Terra's $UST aimed to match the value of the US dollar, allowing traders to exchange it for equivalent Luna.
• $UST, an algorithmic stable-coin, used code to maintain a $1 price through minting and burning.
• $UST is created by burning Luna, ensuring its value remains close to $1.
• Attempts to stabilize $UST by increasing Luna supply failed, causing Luna's price to plummet.
• The peg to the dollar was lost, prompting investors to sell off Luna.
• Luna/USDT was de-listed from exchanges.
• Hodlers lose billions and Do Kwon flees.

More Info:
https://t.co/uYM4EvVL7q

#trezor #luna #terra #dokwon #crypto #binance #Lunc #cryptocurrency #memecoin $Luna $Terra $Lunc #coinbase #BaseChain

[Wormy @badluckwormy]

#CelsiusNetwork, a crypto currency lending platform, ultimately went bankrupt due to a combination of poor risk management and outright fraud from its co-founder, #AlexMashinsky. A massive influx of withdrawals triggered by a market downturn exposed Celsius for failing to hold customer deposits one-for-one. Customers were shocked to discover a massive hole in the balance sheet.

Alex Mashinsky was found making false and misleading statements about the safety and security of the Celsius platform and its investments. He was also charged with orchestrating a scheme to manipulate the price of Celsius's proprietary token, #CEL, by using hundreds of millions of dollars of customer deposits to artificially inflate the price of CEL on the open market while simultaneously selling his own CEL token. Alex and his co-conspirators withdrew all their assets off the platform right before they filed for bankruptcy, leaving nothing but their CEL behind. At one point, Alex Mashinsky attempted to leave the country via Morristown Airport but was stopped by authorities.

During the nearly 2 year bankruptcy process, Alex Mashinsky’s wife, #KrissyMashinsky, thought it would be a good idea to sell “unbankrupt yourself” t-shirts…seemingly mocking those individuals her husband led into bankruptcy. Celsius victims ultimately walked away with a sub-30% recovery on their assets.

TLDR: Not your keys, not your Bitcoin. The potential risks associated with lending your cryptocurrency to any company should not be underestimated, as the benefits are often minimal. No matter what assurances are given or what is stated in the terms and conditions, it's crucial to understand that if bankruptcy occurs, the courts can set their own rules, often times taking advantage of customers/creditors. Do not rely on the court system for support if you mistakenly place your trust in a fraudulent cryptocurrency company. #FTX, #Celsius, #BlockFi and #Voyager, all of which were operated by the same dishonest lawyers, have proven to be unscrupulous and have further deprived creditors of their rightful value. #Hodl your #crypto, and never lend it.

"Better be wise by the misfortunes of others than by your own" - Aesop

Stay tuned for the latest updates as Wormy sets its sights on BlockFi and FTX next.

$Wormy #Wormy #CelShortSqueeze #CelsiusCommunity #cryptoinvestor #cryptocurrency #creditors #memecoins #CelsiusShortSqueeze #CelArmy #Celsians #UnbankYourself #cryptolending #cryptonews #3AC #Genesis #FTXbankruptcy #unchained #nexo #binance #coinbase #SBF #SBF_FTX #FTXcreditors #FTT #localfriday #KrissyMeehan @base @TiffanyFong_ @sunil_trades @Apompliano @AltcoinDailyio @Mashinsky @KrissyMM @usastrongIO

[Wormy @badluckwormy]

Not too long ago,
in Soilcity, Earth....

15M down

35M to go

https://t.co/8yCMJvOUg9

#wormy @base #memecoins #cryptocurrency #starwars

[Wormy @badluckwormy]

14M down

36M to go

https://t.co/RNc2hOHtkr

#wormy @base #memecoins #cryptocurrency

[Wormy @badluckwormy]

@cozypront Everyone buying $1 every dip lower to get that beautiful PNL entry screenshot on the low

https://t.co/2QsvNACKyv

[Wormy @badluckwormy]

Looks like #Ordinal/#BRC20 memecoins are sucking the liquidity out of all the memecoins across all chains

$pups @PupsToken leading the charge over the last couple days up ~300%

$wzrd @mavensbot catching a bid today as people try to frontrun Ansem buying

$piza @btcpizzaxyz & $corn @OrdinalBitcorns flying as ancient meme lore coins

https://t.co/E1edL0w7fG

Scroll down to trending - most people using the Xverse wallet to trade

Creator of Ordinals @rodarmor, is launching #Runes, a BTC native memecoin casino on the day of the halving (think of ERC20 for BTC chain). One chain to rule them all.

The hype is building as the BRC20 memecoins will migrate to Runes in 3-4 days

With #Gold prices rising and tension increasing between #Iran and #Israel, people may find comfort in rotating back to #Bitcoin as a safer hold.

Is this the start of a new trend?

So far it seems like the stars are aligning for a #Bitcoin on chain memecoin black hole 👾👾

[Wormy @badluckwormy]

@Nebraskangooner Papa Bitcoin holding strong... The ordinal/BRC20 memecoins have been taking all the memecoin liquidity over the last few days

https://t.co/2QsvNACKyv

[Wormy @badluckwormy]

Looks like #Ordinal/#BRC20 memecoins are sucking the liquidity out of all the memecoins across all chains

$pups @PupsToken leading the charge over the last couple days up ~300%

$wzrd @mavensbot catching a bid today as people try to frontrun Ansem buying

$piza @btcpizzaxyz & $corn @OrdinalBitcorns flying as ancient meme lore coins

https://t.co/E1edL0w7fG

Scroll down to trending - most people using the Xverse wallet to trade

Creator of Ordinals @rodarmor, is launching #Runes, a BTC native memecoin casino on the day of the halving (think of ERC20 for BTC chain). One chain to rule them all.

The hype is building as the BRC20 memecoins will migrate to Runes in 3-4 days

With #Gold prices rising and tension increasing between #Iran and #Israel, people may find comfort in rotating back to #Bitcoin as a safer hold.

Is this the start of a new trend?

So far it seems like the stars are aligning for a #Bitcoin on chain memecoin black hole 👾👾

[Wormy @badluckwormy]

@AltcoinDailyio Bitcoin halving = everyone's net worth cut in half!

Except for Ordinals/BRC20 tokens that seem to be taking the spotlight rn

https://t.co/2QsvNACKyv

[Wormy @badluckwormy]

Looks like #Ordinal/#BRC20 memecoins are sucking the liquidity out of all the memecoins across all chains

$pups @PupsToken leading the charge over the last couple days up ~300%

$wzrd @mavensbot catching a bid today as people try to frontrun Ansem buying

$piza @btcpizzaxyz & $corn @OrdinalBitcorns flying as ancient meme lore coins

https://t.co/E1edL0w7fG

Scroll down to trending - most people using the Xverse wallet to trade

Creator of Ordinals @rodarmor, is launching #Runes, a BTC native memecoin casino on the day of the halving (think of ERC20 for BTC chain). One chain to rule them all.

The hype is building as the BRC20 memecoins will migrate to Runes in 3-4 days

With #Gold prices rising and tension increasing between #Iran and #Israel, people may find comfort in rotating back to #Bitcoin as a safer hold.

Is this the start of a new trend?

So far it seems like the stars are aligning for a #Bitcoin on chain memecoin black hole 👾👾

[Wormy @badluckwormy]

@CryptoGodJohn Or continue to bleed... Ordinal/BRC20 memecoins are drinking everyone's milkshake rn

https://t.co/2QsvNACKyv

[Wormy @badluckwormy]

Looks like #Ordinal/#BRC20 memecoins are sucking the liquidity out of all the memecoins across all chains

$pups @PupsToken leading the charge over the last couple days up ~300%

$wzrd @mavensbot catching a bid today as people try to frontrun Ansem buying

$piza @btcpizzaxyz & $corn @OrdinalBitcorns flying as ancient meme lore coins

https://t.co/E1edL0w7fG

Scroll down to trending - most people using the Xverse wallet to trade

Creator of Ordinals @rodarmor, is launching #Runes, a BTC native memecoin casino on the day of the halving (think of ERC20 for BTC chain). One chain to rule them all.

The hype is building as the BRC20 memecoins will migrate to Runes in 3-4 days

With #Gold prices rising and tension increasing between #Iran and #Israel, people may find comfort in rotating back to #Bitcoin as a safer hold.

Is this the start of a new trend?

So far it seems like the stars are aligning for a #Bitcoin on chain memecoin black hole 👾👾

[Wormy @badluckwormy]

@Nate_Rivers It's lights out for all memecoins except ordinals/BRC20 atm

https://t.co/2QsvNACKyv

[Wormy @badluckwormy]

Looks like #Ordinal/#BRC20 memecoins are sucking the liquidity out of all the memecoins across all chains

$pups @PupsToken leading the charge over the last couple days up ~300%

$wzrd @mavensbot catching a bid today as people try to frontrun Ansem buying

$piza @btcpizzaxyz & $corn @OrdinalBitcorns flying as ancient meme lore coins

https://t.co/E1edL0w7fG

Scroll down to trending - most people using the Xverse wallet to trade

Creator of Ordinals @rodarmor, is launching #Runes, a BTC native memecoin casino on the day of the halving (think of ERC20 for BTC chain). One chain to rule them all.

The hype is building as the BRC20 memecoins will migrate to Runes in 3-4 days

With #Gold prices rising and tension increasing between #Iran and #Israel, people may find comfort in rotating back to #Bitcoin as a safer hold.

Is this the start of a new trend?

So far it seems like the stars are aligning for a #Bitcoin on chain memecoin black hole 👾👾

[Wormy @badluckwormy]

Looks like #Ordinal/#BRC20 memecoins are sucking the liquidity out of all the memecoins across all chains

$pups @PupsToken leading the charge over the last couple days up ~300%

$wzrd @mavensbot catching a bid today as people try to frontrun Ansem buying

$piza @btcpizzaxyz & $corn @OrdinalBitcorns flying as ancient meme lore coins

https://t.co/E1edL0w7fG

Scroll down to trending - most people using the Xverse wallet to trade

Creator of Ordinals @rodarmor, is launching #Runes, a BTC native memecoin casino on the day of the halving (think of ERC20 for BTC chain). One chain to rule them all.

The hype is building as the BRC20 memecoins will migrate to Runes in 3-4 days

With #Gold prices rising and tension increasing between #Iran and #Israel, people may find comfort in rotating back to #Bitcoin as a safer hold.

Is this the start of a new trend?

So far it seems like the stars are aligning for a #Bitcoin on chain memecoin black hole 👾👾