summertop

[summertop @cieletchanson]

@crypto_equality @laurashin appreciate the info!

[Andrew @AP_Abacus]

UPDATE: Anger amongst some of the largest @GenesisTrading (and by extension DCG) creditors as the previously reported 'pre-packaged' bankruptcy is nowhere close to final.

**source: “DCG doesn’t have the $630M they owe on May 10th.”

**source: “…stall tactics and constant legal maneuvering to avoid any meaningful return of capital. It’s a shit show.”

[summertop @cieletchanson]

@UccGenesis How about Donut users?

[summertop @cieletchanson]

@Handyman590 @crypto_equality @UccGenesis Theoretically UCC should be motivated towards existing BK as soon as they can right? (So they can get paid too). I’m new to the process, wondering what’s holding up

[summertop @cieletchanson]

@markminervini Happy birthday!

[summertop @cieletchanson]

@ramahluwalia For creditors… is this good news or bad ?

[summertop @cieletchanson]

@Geminiearn @Gemini What do you think would be the % of fund release in short term? (1-3 month)

[summertop @cieletchanson]

@ramahluwalia @BudFry65 @Gemini @tyler @cryptowatchdoge @cameron Care to comment why it’s ‘next 2 weeks or sooner’? Was thinking the case will drag for long like all BKs. Thanks

[summertop @cieletchanson]

@colin7559 @donutapp https://t.co/HJglELQWoT

[summertop @cieletchanson]

nice job @donutapp blocking me as I was advising users filing complaints. @Gemini and @GenesisTrading getting all the attention and investigation from @SECGov etc., while thousands of Donut users with 78MM+ locked funds are left in the dark.

[summertop @cieletchanson]

@colin7559 @donutapp they aren't telling us. we should file complaint with government and local agencies. SEC is already on Gemini and Genesis but donut is not getting attention. there's thousands of users and 78MM+ fund locked. it's devastating to us.

[summertop @cieletchanson]

*correction: you should file with CA (regardless where you reside) since Donutapp is California registered company

[summertop @cieletchanson]

nice job @donutapp blocking me as I was advising users filing complaints. @Gemini and @GenesisTrading getting all the attention and investigation from @SECGov etc., while thousands of Donut users with 78MM+ locked funds are left in the dark.

[summertop @cieletchanson]

These 2 below are CA sources but you can find similar offices in your state (Department of Financial Protection, and State Attorney General)
@CaliforniaDFPI: https://t.co/3cwbXwoGRu
@RobBonta https://t.co/ra08iPPrPx

[summertop @cieletchanson]

Please spread the words
#donutapp #GeminiEarn #Gemini #GenesisBankruptcy #cryptocurrency #CryptoNews
also kudos to @ramahluwalia and @AP_Abacus info and analysis since this started.

[summertop @cieletchanson]

@JeremyL34071482 @hl0001 @CluphfDaniel @Spicy_Noodles__ @LisaSte00552855 @donutapp @Robinater5 has @donutapp blocked you? they are blocking everyone who's saying even slightly adverse things under their tweets.

[summertop @cieletchanson]

@patelhariomm @donutapp have you filed complaint with government and local agencies? SEC is already on Gemini and Genesis but donut is not getting attention. there's thousands of users and 78MM+ fund locked. it's devastating to us.

[summertop @cieletchanson]

@mpdas108 @RadixIsBetter @AP_Abacus @GenesisTrading I might overlooked this …which page of docket 19 says 120days?

[summertop @cieletchanson]

@AP_Abacus @GenesisTrading Confused … if there’s a pre packaged bk deal why would some creditors want to sell their claims at 30%? My guess if the deal is no longer on the table?

[summertop @cieletchanson]

@AP_Abacus @RadixIsBetter @mpdas108 @GenesisTrading Makes sense. @bitvavocom updates have been unrealistically optimistic imo. @donutapp not providing much informative updates either. What creditors need are repayment plans and when.