Just to be crystal clear, this is a $2 billion claim against @AlamedaResearch for attacking @CelsiusNetwork, and I give the @CelsiusNetwork full credit for finally listening and filing this $2 billion claim, which benefits all creditors, not just CEL token holders.
You can’t say @AlamedaResearch attacked @CelsiusNetwork by placing a 15,000,000 naked short against CEL token and in the same breath say CEL token is worthless, or make it worth less than the $0.81 petition date price, because what you’re doing is giving the other side all the ammunition they need to get our $2 billion claim dismissed, or engage in settlement talks with us.
You’re better arguing that CEL token is worth much more than the petition date price of $0.81 so you get as much of that $2 billion as possible, which once again go to all creditors.
We CEL token holders that saw the #CelShortSqueeze play out in real-time know about the 15,000,000 CEL token naked short that @SBF_FTX’s @AlamedaResearch put on CEL token, and we have all the evidence to prove it, a portion of which @RonPaulBot1234 has.
Instead of bashing CEL token holders, we creditors should be working together to recover as much money from these bad actors as possible. To this day I haven’t heard from the @CelsiusUcc or its representatives @WhiteCase what caused the $1.2 billion hole.
We now know with definitiveness that it was not CEL token. Santos Caceres in his pro se motion proved without a shadow of a doubt that CEL token via the OTC desk made the company over $128 million, not lost the company over $600 million. So the question is: Where did the $1.2 billion hole come from?
I think that’s a question the @CelsiusUcc and its lawyers should explain to the community in detail.
This bullshit by the @CelsiusUcc is self-inflicted and has the potential to have @CelsiusNetwork users end up like @investvoyager users. And it’s all in their doing because they want to tell lies about CEL token being manipulated and show no proof. Show the community the proof of manipulation and stop talking.
There’s blockchain proof attached to Santos’ Pro Se motion filed in court that CEL token was not manipulated, yet the @CelsiusUcc ignores it.
Here’s the crux of the matter: The Examiner asked Celsius for evidence regarding the CEL token purchases made on the Celsius OTC desk, the company provided her with no information is what she wrote in her report, so she went to the blockchain and totaled up the amount of money that was spent to buy CEL token on the OTC desk and concluded that Celsius and insiders took $558 million of user funds without their knowledge and bought CEL token and cashed out. And just to be clear, that is a federal crime, punishable by more than 20 years in a federal prison. The truth is that the customer has to contact the OTC desk first in order to buy CEL token.
And the next truth is that the OTC desk made Celsius over $128 million, not lost the company over $558 million. Because the Examiner said Celsius took users’ Bitcoin and ETH, etc and bought CEL token and cashed out, the @CelsiusUcc decided to subordinate all CEL token holders’ claims, both insiders’ CEL token holders’ claims and retail CEL token holders’ claims. This is the single reason why the community hates CEL token holders.
What the @CelsiusUcc said is that because Celsius and its senior executives stole over $500 million from Bitcoin and ETH customers, we are taking back $100 million from CEL token retail users by subordinating their claims from $0.81 to $0.20. That was the single and exclusive reason for subordinating CEL token users’ claims.
When they realized the evidence provided in Santos’ motion filed with the court was damning and that CEL token made the company over $128 million, not lose the company over $500 million, they were embarrassed as fuck and looked at each other in horror, like a woman in labor.
They subsequently said, we can’t allow the truth to come out because we have been lying to the judge since day 1 of this bankruptcy, telling the judge that CEL token was manipulated upwards and if the truth comes out, we are fucked. So what did they do? They pivoted to CEL token is a security, and in their rush to label CEL token a security, they labeled the entire Earn account a security too. And to be clear, in that scenario, even #Bitcoin is a security, because remember, it’s in the Earn account and the entire Earn account is a security is what the @CelsiusUcc is arguing in court through their lawyers @WhiteCase unbeknownst to them.
As Tony V (@elveton101) said so eloquently, “Aaron Colodny, a partner at a huge law firm, has rekt his client and doesn’t even realize it.” That client being @CelsiusUcc in case you’re not paying attention, more specifically the Earn account.
Imagine the Celsius estate paying lawyers over $150 million so far, only to have these lawyers who represent the @CelsiusUcc argue that CEL token is a security and therefore the entire Earn account is also a security and both should be subordinated to their respective ICO prices. If the @CelsiusUcc wins that argument in court, we are all rekt as Earn account holders and CEL token holders, as we are in the same boat. In other words, we all lose as Earn creditors and the lawyers will end up billing us over $250 million and they are the only winners. And all of this because the @CelsiusUcc started calling CEL token a security and therefore the entire Earn account a security, threatening our billions of dollars in the Earn account and giving said billions to the Series B investors and the 15 other creditors before us.
https://t.co/PcepErL3kg
Both the debtor and the UCC are going down a losing argument path here - of course once they pull their head out of eachothers asses they'll raise that and pivot to market price at petition data being manipulated - which is likely true - but .80 to .20 on this is a stretch
#CelsiusNetwork Pro Se creditor crushing it on the 510b issue for CEL token - totally got the judge - 100% - if CEL token is a security isn't the Earn account a security - K&E and W&C looking dumb
I rarely block anyone who hasn’t blocked me first. Unfortunately some people listen to his constant Celsius bashing. Still waiting for a single constructive comment from him
Genius corporate lawyer @ChazzonKe fails to understand how independent subsidiaries are actually formed and owned. Mining’s ownership flows 100% up to CNL UK through US Hldg US
I think a lot of stuff going on in the West is demonic.
I don't just mean that metaphorically but literally. Like, I genuinely think people are being influenced by Satan and possessed by evil spirits that we can't totally comprehend.
How To Win The Celsius Bid ‼️
CASH-FOR-EQUITY BID… ✔️
NASDAQ Equity In The NEWCO With A Piece Of The Equity Going To The Bidder In Return For A Cash Infusion… 👏
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Insiders’ Equity Is Locked For 3 Years, Which Gives Celsius Creditors The Ability To Sell Before The Winning Bidder, With The Ability For The Bidder/Insider To Also Earn More Equity Based On Milestones Such As Share Price/Market Cap With A Vesting Period Attached To It… 🙌
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@arrington@FahrenheitHldg@coinbase@Gemini@vaneck_us @NovaWulfDigital @MichaelAbbateNW
@arrington think most of us agree with @iTzAnthonyNap at 50:30 ✔️✔️
this should be a growth play in this industry & especially w a public company seeking Valuation 📈📈
if i wanted income & guaranteed #BTC losses, then I’d be in CD’s or something 🤷🏻🤨
😉😉
1/ PROJECT FAHRENHEIT: Just announced - we have become a qualified bidder in the Celsius bankruptcy process. We are using the working name of Project Fahrenheit (@FahrenheitHldg). A short thread on what we are trying to accomplish.