⚯ Michel de Cryptadamus ⚯Jul 6, 2025

@laprice yes (and we know they printed money that at least a few times, when they got caught by NYS for lying about their reserves and then when they created a billion by lending $1 bn USDT to #CelsiusNetwork

unfortunately now donald trump can also print money outside the banking system with his personal stablecoin #USD1.

i suspect trump is even less likely than tether to be audited or scrutinized (and tether has never been audited).

#uspol #banking #uspolitics #trump #Celsius #tether #howardlutnick

Ars Technica NewsMay 9, 2025
Celsius founder Alex Mashinsky sentenced to 12 years for “unbank yourself” scam https://arstechni.ca/2ftYz #cryptocurrencyfraud #securitiesfraud #CelsiusNetwork #cryptocurrency #AlexMashinsky #Policy
Celsius founder Alex Mashinsky sentenced to 12 years for “unbank yourself” scam

Some victims lost everything to the Celsius Network’s fraud.

Ars Technica
⚯ Michel de Cryptadamus ⚯Mar 25, 2025

Ω🪬Ω
#TheCryptocalypseChronicles: Pete Hegseth, A Man Of Questionable Judgment

#PeteHegseth's in the news lately because of a "mishap" with a Signal group chat involving possibly top secret information about killing #Houthis. You might think this demonstrates poor judgment.

This is all less surprising if you know that Hegseth is a crypto bro who lost a bunch of money in possibly the most obvious cryptocurrency ponzi scheme in history, #CelsiusNetwork. Hegseth entrusted the group of Russian Israelis running #Celsius with his hard earned money *even after* the CFO of the firm was sent to prison in #Israel for #moneylaundering and organized crime connections.

tl;dr Maybe America should reconsider putting crypto bros in charge of the military.

Retoots appreciated.

https://cryptadamus.substack.com/p/pete-hegseth-a-man-of-questionable

#DOD #AlexMashinsky #Russia #uspol #eupol #MosheHogeg #corruption #Pentagon #Putin #SignalGate

Pete Hegseth: A Man Of Questionable Judgment

Maybe America should reconsider putting crypto bros in charge of the army.

The Cryptocalypse Chronicles
⚯ Michel de Cryptadamus ⚯Mar 23, 2025

lawsuit filed by #CelsiusNetwork creditors against scamalytics firm - sorry i mean "blockchain analytics company" - #Chainalysis for aiding and abetting the Celsius Network fraud.

Chainalysis is the company that the government hires to track down crypto fraud but they are hopelessly compromised / in cahoots with firms like #Tether.

* complaint: https://cases.stretto.com/public/x191/11749/PLEADINGS/1174903222580000000027.pdf
* long thread by me about Chainalysis's dodgy numbers: https://threadreaderapp.com/thread/1829330368727744537.html

Show thread⚯ Michel de Cryptadamus ⚯Nov 25, 2024

@wdlindsy Hegseth is also a crypto bro who lost a bunch of money when the Russian/Israeli mafia connected #CelsiusNetwork collapsed.

https://substack.com/@cryptadamus/note/c-77060678

Michel de Cryptadamus on Substack

Trump’s nominee for Secretary of Defense, Pete Hegseth, is a crypto bro… but not a smart one. In fact Hegseth’s lack of any kind of judgment led him to lose a bunch of money when Celsius Network, the most obviously fraudulent and mafia connected big crypto Ponzi scheme in the United States, turned out to be a fraudulent and mafia connected Ponzi scheme. In fact Hegseth kept his money at Celsius for years after the company’s Chief Financial Officer was arrested in Israel for money laundering and other Russian / Israeli organized crime stuff. Which, real talk, either means Hegseth is an idiot (he is a Fox News talk show host so this definitely should not be ruled out) or he’s been compromised by the the Russian mafia axis that runs through Israel via Moshe Hogeg. Here’s Hegseth’s name in the Celsius bankruptcy filing:

Substack
Show thread⚯ Michel de Cryptadamus ⚯Nov 13, 2024

@briankrebs SecDef nominee is also a crypto bro who held money at #CelsiusNetwork for years after the company's CFO went to prison in Israel for #MoneyLaundering...

https://x.com/Cryptadamist/status/1856554805369483550

#SecDef #PeteHegseth #uspol #uspolitics #Trump

⚯ M Cryptadamus ⚯ | @[email protected] (@Cryptadamist) on X

2/ Note that losing money in the celsius collapse means the SecDef nominee kept money in the most obviously fraudulent and mafia connected big crypto company well after the CFO of the company was arrested in Israel for money laundering crimes https://t.co/QzUo41k6Fe #PeteHegseth

X (formerly Twitter)
Danny 👾Sep 24, 2024
🚀 The #Celsius token skyrocketed 300% just a month after the firm paid $2.5B to creditors! A remarkable rebound following its bankruptcy settlement. Is this the start of a comeback? #Crypto #CelsiusNetwork #CryptoNews
Slash InsiderDec 29, 2023

https://www.slashinsider.com/us-court-approves-celsius-network-bitcoin-ops/

A U.S. bankruptcy judge approved @CelsiusNetwork's shift to #bitcoinmining in its bankruptcy plan. The move follows a setback with the SEC. Celsius expects to emerge from bankruptcy in early 2024.

#bitcoinnews #CelsiusNetwork #bitcoin #deeptech #technews

Celsius Network Receives Judicial Approval For Transition To Bitcoin Mining Activities

U.S. Bankruptcy Judge Martin Glenn approved Celsius Network's transition to bitcoin mining, allowing a deviation from the initial bankruptcy plan. The change followed a rejection by the SEC. Celsius filed for Chapter 11 in July 2022 and expects to emerge from bankruptcy in early 2024, returning more cryptocurrency to customers.

Slash Insider
Poetry NewsNov 10, 2023

Crypto lender lives
New company born of debtors
Creditors rejoice

#crypto #lending #creditors #celsiusnetwork #haiku #poetry

https://www.reuters.com/markets/deals/crypto-lender-celsius-network-cleared-exit-bankruptcy-2023-11-09/

Crypto lender Celsius Network cleared to exit bankruptcy

Crypto lender Celsius Network received U.S. bankruptcy court approval for a restructuring plan that will return cryptocurrency to customers and create a new company owned by Celsius creditors.

Reuters
Joey de Villa 🪗Jul 13, 2023

The top story on Techmeme right now is disgraced former Celsius CEO Alex Mashinsky’s arrest. But whatever became of his co-founder, the CTO who moved to Tampa? He’s free — and he joined one of the meetups I organize!

#Crypto #cryptocurrency #Celsius #CelsiusNetwork #Mashinsky #AlexMashinsky #Goldstein #NukeGoldstein #fraud #Tampa #news

https://www.globalnerdy.com/2023/07/13/disgraced-former-celsius-network-ceo-alex-mashinsky-arrested-tampa-bay-based-cto-presumably-still-running-free/

Disgraced former Celsius Network CEO Alex Mashinsky arrested; Tampa Bay-based CTO presumably still running free : Global Nerdy

It’s the top story on Techmeme right now: Celsius Network’s disgraced former CEO Alex Mashinsky has been arrested and charged with seven criminal counts including securities, commodities, and wire fraud. If convicted, Mashinsky could spend decades in prison. And as a former customer, I say: good. Celsius, if you’re not familiar with it, was a […]

Global Nerdy