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Action NOW & Help Avert Celsius From Crushing Depositors!
We have ID'ed 3 major pain points in the Celsius Network Event that we Demand further inquiry prior to our assets being sold off at market bottom in USD and returned to us at a haircut minus taxes owed (with which we should NOT be held accountable for).
Pain Points:
1. November '21 Series B Circular Presented to Investors, UK office, Balance Sheet & P&L. Raise was $750M, some to $BTC mining ($300M) and rest Celsius Network ($450M)
Note: Not Public Info - Requires Leaked Financials
- Question: Did interest owed cash outflows exceeding cash inflows?
- Question 2: If so, was BTC mining during a bull market used to justify the bear market valuation and Series B raise?
- Q1+Q2 - Was the #CelsiusNetwork, upon incorporating in NJ (Jan '22) already a clear Ponzi scheme, whereby it depended on future VC raises and BTC speculation to sustain its operations (as determined by a reasonable person or quantitatively?)
The MAIN POINT of Inquiry:
Is State of NJ liable for its consumer protection regulatory agencies allowing the incorporation of CN, thus despite the outcome o f the CN Chapter 11 Proceedings, is NJ responsible for economic damages + emotional distress + (TBD per legal counsel).
2. CN's AUM Prior to Account Withdrawal Restriction 5/12/22
Specifically, The amount of Dai or StableCoins under management?
The Main Point of Inquiry:
6-14 thru 6-18: CN suffered "The $688 USD Maker Dao Loss Event" (no proof - analysts needed)
Note: See site for transaction analysis with Maker Dao, $WBTC vs Dai, to Connect the Dots (community event).
Important - Was there a "Liquidation" (aka "realized loss" as reported by Defiant *see sources) vs simply a net depreciation of $WBTC asset while in Maker Dao. If Liquidation, could it have been Averted through the injection of additional Dai/Collateral? If depreciation, need to connect the dots to make sense of the "realized (perhaps meant unrealized) losses").
*sources: https://thedefiant.io/celsius-paying-down-debt; https://thedefiant.io/celsius-repays-maker-loan
3. FTX_US transaction data - Leveraged shorts at time 6/14-18?
Note: Internal Transaction Data Will Require a formal request, Leak or Subpoena to FTX_US
- Ques: If the $700M WBTC Liquidation event in Maker Dao could have been easily averted, was the liquidation triggered by Celsius on FTX_US, perhaps in cooperation with FTX_US, thus explaining the resignation of FTX-US's President subsequent to the resignation of CN's Principal Shareholder).
The Main Point of Inquiry:
A coordinated leveraged short of $WBTC would have secured Alex & Friends a very profitable exit and thus a wallet of gains accrued can be ID'd upon an audit of FTX_US's transaction data between 6/14-18/22.
This is just the beginning. More Pain Points to come if enough 3rd parties participate in this investigation.
We believe this is a criminal case more-so than a civil case.
Let's Find. Out. Together.
Visit our crowdsourcing intel page -
HERE: **** https://citizenwarrior.foundation/stop-the-selloff/ ****
1. Provide the source material above (ideal)
2. Provide Insights into the 3 pain points, unaccounted for (above)
3. Provide Key contacts that can obtain source intel
Note: If you intend to leak, do safely as you need to log in (your full name/email and personhood won't be validated... just a process to keep out *ish-posters). If you have a better process i.e. a Wikileaks styled drop box, let us know and we'll add it asap.
Essential Links:
Citizen Warrior Link Tree - https://linktr.ee/citizenwarrior
Website - CitizenWarrior.Foundation
CrowdFund #CelsiusNetwork Investigation URL, here:
https://www.gofundme.com/f/CelsiusNetworkStopTheCelsiusSellOff
File a Damage Report If You've Been Devastated By Celsius - https://bit.ly/3aeorIg
- Allow us to get your story out to the public or aggregate the data to illustrate harm done due, perhaps, a failure of NJ's regulatory oversight of the Celsius Network
AlgoPlay
#celsiusnetworkupdate #celsiusnetwork #philanthropy #cause #entrepreneurship #donation #cryptodaily #bitcoinnews #crypto #blockchaintechnology #volunteer #depositorsfirst #cryptocurrency #bitcoin #privatefoundation #nonprofit #emergenttech #warrior #investing #wisdom #foundation #technology #blockchain #economics #alexmashinsky #mashinsky #Q&A #education #trading #business #freedom #accountability #philosophy #charity #virtues #CWF
#stoptheselloff #celsius #celsiusnetwork #celsiusnewsupdate #celsiusbankruptcy #crushing #depositors #calltoaction #investigation #leaks #trending #shortsqueeze #Cel #chapter110
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