In the first scheme, MASHINSKY misled Celsius’s customers about core aspects of the company he founded, including Celsius’s success and profitability and the nature of the investments Celsius made using customer funds. In the second scheme, MASHINSKY illicitly manipulated the price of CEL, Celsius’s proprietary crypto token, while he was secretly selling his own CEL token at artificially inflated prices.
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63 sats \ 1 reply \ @987654321 4 Dec 2024
I was one of their customers. I got out before the nonsense thanks to some Twitter chatter. I had some friends on there, too and got them out.
My wife had bcash and we got her Bitcoin but totally ignored or forgot about the bcash. It's still there and it wasn't worth anything when I sent it to her but it increased in Fiat purchasing power or degraded Fiat. Has I paid more attention I would have exchanged it for Bitcoin. The shitcoin casino is awful and it's still in play every day.
Make no mistake there are plenty of yield trolls still around waiting to find more suckers.
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20 sats \ 0 replies \ @siggy47 OP 4 Dec 2024
I'm glad you were fortunate. Mashinsky was a pretty good con man. Lots of people fell for his bullshit who shouldn't have.
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68 sats \ 0 replies \ @JesseJames 4 Dec 2024
He will never serve the full sentence, that's why he plead, deals, deals, deals....
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26 sats \ 0 replies \ @siggy47 OP 4 Dec 2024
He probably won't do 30 years, but the federal system is much tougher than most states regarding plea bargaining. Back when guidelines were mandatory it was tough for anyone to get a break. It's a little easier now.
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74 sats \ 0 replies \ @grayruby 4 Dec 2024
Remember when Saifedean and Tone Vays ripped this guy a new one at some Blockchain conference and told everyone Celsius was a scam. The good old days.
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74 sats \ 5 replies \ @0xbitcoiner 4 Dec 2024
I only feel sorry for the innocent, in fact I don't know if I do!
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21 sats \ 4 replies \ @TNStacker 4 Dec 2024
First thing I learned in Finance?
Caveat emptor!
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21 sats \ 3 replies \ @987654321 5 Dec 2024
But yeah, buyer beware.
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10 sats \ 2 replies \ @TNStacker 5 Dec 2024
🤣🤣🤣
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21 sats \ 1 reply \ @987654321 5 Dec 2024
I'm pretending to work on my desktop and the emoji didn't work. Once again you have taken advantage of blonde people. I had, once again to risk distraction by picking up my cell phone. You are very sneaky.
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10 sats \ 0 replies \ @TNStacker 5 Dec 2024
Ha ha!!!
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43 sats \ 0 replies \ @Manikese 4 Dec 2024
Thank you for the update. This asshole led to me losing half my stack. He can rot in prison for all I care.
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