Tag: Mashinsky

Crypto collapse: Celsius reveals its creditor list, 3AC NFTs, Terra-Luna, Voyager

The latest crypto crash update is up!

David Gerard and I discuss:

  • Liquidate Celsius already. There’s no viable business here, and Mashinsky has taken all his money out. Krissy’s got her money, too.
  • Celsius filed its schedule of assets and liabilities, listing the names of every creditor and every transaction they made in the last 90 days.
  • Crypto is horrified. My name’s in a public record, omg!
  • Teneo got its hands on 3AC’s NFT collection. We can’t find our friend CryptoDickButt #1462 though!
  • South Korea is clipping Terraform Labs creator Do Kwon’s wings. No more passport. He says he’s not on the run anyway.
  • Voyager is pissed off at Wave Financial’s interview with CoinTelegraph. They’ve filed a very defensive letter with the court.

The full update is on David’s blog this time. Head on over there and read it! [David Gerard]

Image: They look smug here, yes?

Posted on by Amy Castor 0

Crypto collapse: Celsius sues KeyFi, BlockFi’s FTX deal, Scaramucci’s SkyBridge, Voyager suit, 3AC going to jail?

David Gerard and I posted our latest episode of “Everything is going to hell in a handbasket.” This one is on David’s blog! [David Gerard]

In this update:

  • Celsius strikes back — Mashinsky is countersuing Jason Stone and KeyFi. This is what happens when two crypto firms do business on a handshake. (They don’t need a lawyer until they need lots of lawyers!)
  • How FTX saved BlockFi from being as utterly screwed as everyone else.
  • SkyBridge Capital — you can’t withdraw your money, but that’s okay because Anthony Scaramucci is coming out with a new fund!
  • Voyager pays the boys a little less than planned. Its KERP goes through but with smaller bonuses.
  • 3AC accuses Teneo of misleading the High Court of Singapore as to its corporate structure.
  • A bunch of crypto exchanges are treading water and/or closing their doors.
  • The crypto crash is a slow-motion train wreck. We keep writing about it, but what happens next? 
Posted on by Amy Castor 0