Joe Lehr 🛡️ @JSLVENTURES Twitter profile

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Joe Lehr 🛡️

@JSLVENTURES

18 days

#IonicDigital ⚡️

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Joe Lehr 🛡️

@JSLVENTURES

2 years

@SimonDixonTwitt I have been on a lot of spaces & picked up on a few recurring themes.. 1. Ppl seem to want their crypto preserved and not converted to fiat in the restructuring process 2. Most are prepared to wait if it will help recoup a greater % but some need funds asap for basic necessities

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Joe Lehr 🛡️

@JSLVENTURES

2 years

@CelsiusUcc @CelsiusNetwork @Silkee_D @ThomasADiFiore We The People would like to transform Celsius into the first of its kind, fully transparent bedrock digital asset institution, entirely owned by the community. We need clarity on the following as soon as possible… 1/2

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Joe Lehr 🛡️

@JSLVENTURES

5 months

The Celsius Plan Is Approved Did you think you’d be still be doing these Celsius ch11 updates 18 months later @AaronDBennett ? So glad we’re finally heading for the exit 🚀🔥👊 Happy, Healthy & prosperous new year Aaron!

The Celsius Plan Is Approved

The Celsius Plan Is Approved🔐Get A 2 Week Free Trial w/ my Sponsor Aura: https://aura.com/aaronbennett⬆ I’d HIGHLY recommend it if you’re in Celsius (to hel...

www.youtube.com

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Joe Lehr 🛡️

@JSLVENTURES

1 year

Hard to believe it’s a full year since our lives have been upended. Stay strong Celsius creditors. Its been a torturous ride but would have been unmanageable without this amazing community. Hopefully we are getting closer to the end and can move on & start rebuilding very soon 💪🏼

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Joe Lehr 🛡️

@JSLVENTURES

11 months

@CelsiusUcc @ColodnyAaron @FahrenheitHldg Can you pls provide creditors with a distribution waterfall for the plan that shows how we go from roughly 49% of remaining liquid crypto to 24% distributable? If we’re gonna do this thing, we’d 💙 full transparency 🙏 Also, wen spaces?

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Joe Lehr 🛡️

@JSLVENTURES

1 year

Took a quick stab at figuring out recoveries for earn in liquidation vs Earn funded NewCo scenarios. Source numbers for each class/bucket pulled from several places. Didn’t have time to vet raw data myself so pls poke holes in values & analysis so I can tighten up this 1st draft.

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Joe Lehr 🛡️

@JSLVENTURES

9 months

Wasn’t upset in the slightest Fri when informed that I didnt make the NewCo Board. I simply wanted best poss lineup. But expanding to 9, giving FH 3, giving up majority control & destroying creditor good will by not including even 1 creditor outside of UCC is beyond comprehension

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Joe Lehr 🛡️

@JSLVENTURES

1 year

Great news for Earn customers of Celsius, Gemini & other platforms that froze withdrawals in 2022!

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Joe Lehr 🛡️

@JSLVENTURES

8 months

#buildingbridges #movingforward

Michael Arrington 🏴‍☠️

@arrington

8 months

Got most of the Fahrenheit team (Celsius bankruptcy) together at our @Arrington_Cap founders retreat, and were able to give a warm welcome to new board of directors observer @JSLVENTURES (middle) With @KeliCallaghan @njess @stevekokinos @JSLVENTURES @ashergenoot and @tjnaidu

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Joe Lehr 🛡️

@JSLVENTURES

1 year

Celsius Claim Form- Google Drive. Thank you @mannymane for working with other community members & several lawyers to get this out to everyone as soon as possible without asking for compensation! NLA!

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Joe Lehr 🛡️

@JSLVENTURES

11 months

For comparison, the orderly wind down under BRIC has 308.4m of expenses & 100m for Administrative Claims (basically professional fees as well). We need out but pls do better @CelsiusUcc . This isnt a typical BK. We were all duped by CN & ppls life savings at risk here. @arrington

Joe Lehr 🛡️

@JSLVENTURES

11 months

Plan execution burn summary: We were all so thrilled (& still are) when @arrington group showed up & agreed to only hold back 450m to make plan work & return remaining assets to creditors. Little did we know that expenses would be on top of that figure & reach 581m more… 1/3

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Joe Lehr 🛡️

@JSLVENTURES

2 years

Good night Celsius fam 🥰 It’s a difficult path we are all on together but looking forward to a brighter future.

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Joe Lehr 🛡️

@JSLVENTURES

2 years

Amazing job @otisa502 @cryptoismyjam . Super professional with no budget, unreal! And the ideas for maximising the Cel token utility flywheel only adds to the value of Celsius & the creditors estate. Celsians working together & crowdsourcing talent, skills, passion &…

Otis

@otisa502

2 years

1/33 CEL Token Utility is Essential for Chapter 11 Recovery Plan & Onwards 6 ways to increase CEL utility, build up Celsius' treasury & ensure a bank run NEVER happens again 📽️ @YouTube explainer video: 📝 @Medium article: 🧵 👇

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Joe Lehr 🛡️

@JSLVENTURES

1 year

@CelsiansNetwork I forget which creditor suggested the name Phoenix. Loved that name. If @arrington @njess reunite creditors with most of their remaining assets & create something constructive out of this passionate community, rising form the ashes like a Phoenix seems like a perfect name

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Joe Lehr 🛡️

@JSLVENTURES

11 months

Plan execution burn summary: We were all so thrilled (& still are) when @arrington group showed up & agreed to only hold back 450m to make plan work & return remaining assets to creditors. Little did we know that expenses would be on top of that figure & reach 581m more… 1/3

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Joe Lehr 🛡️

@JSLVENTURES

7 months

They didn’t protect retail which is their primary charge. They didn’t say a word throughout the Ch11 reorg/confirmation process. And now that the plan is finally approved they are hard at work keeping us trapped in this value destructive process longer. Well done @SECGov 👍

CoinDesk

@CoinDesk

7 months

SCOOP: The plan to revamp bankrupt crypto lender @CelsiusNetwork has hit a speed bump with @SECGov , according to a person familiar with the matter. @IanAllison123 reports

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Joe Lehr 🛡️

@JSLVENTURES

2 years

1/8 Any final feedback/critique on the attached framework for a Community led recovery before I submit to @CelsiusNetwork @CelsiusUcc ? What I like about it.. 1. It uses ALL assets of the estate to recover/recoup our lost funds…

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Joe Lehr 🛡️

@JSLVENTURES

2 years

Good morning Celsians 🥰

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Joe Lehr 🛡️

@JSLVENTURES

2 years

@Mashinsky laughing on @SimonDixonTwitt spaces I feel like we are all living in a strange twilight zone episode 😵‍💫

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Joe Lehr 🛡️

@JSLVENTURES

2 years

Celsius Community Driven Recovery Plan 2.0 🙏 all for the amazing feedback & constructive discussions. I’ve attempted to incorporate a lot of the ideas generated by the community including the core components of the various plans put out by community leaders in recent weeks

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Joe Lehr 🛡️

@JSLVENTURES

1 year

Celsius creditors have claims against, and beneficial ownership of the following assets; 1. Remaining coins 2. Pro rata share of Mining (currently has value) 3. Pro rata share of “core biz” (currently has near zero value) (2 & 3 should not be lumped together) 1/

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Joe Lehr 🛡️

@JSLVENTURES

2 years

Me in Nepal starting 7 day trek up to Everest Base Camp with good friends, doing my best to ignore the Crypto world crumbling to the ground. It won’t be easy but we will build back stronger over time. We have to.

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Joe Lehr 🛡️

@JSLVENTURES

2 years

Go to 41:30, listen for 10 min. Some amazing points to consider. @CelsiusLoans is very lucky to have @DavidJAdler1991 .. Actually we all are. Let’s keep working together towards building something groundbreaking & historic here! @CelsiusUcc @CelsiusNetwork

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Joe Lehr 🛡️

@JSLVENTURES

1 year

Celsius twitter when the examiner report hits the docket today. Just remember, no matter how much we disagree, fellow creditors are not the enemy.

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Joe Lehr 🛡️

@JSLVENTURES

1 year

Should the court allow Celsius to limit creditor recoveries to the dollarised value of your assets on the petition date (ie if you held 1 BTC valued at 20k, if BTC goes up to 80k, should Celsius be allowed to give you 20k cash (or .25 BTC) and keep the leftovers? @CelsiusUcc

Hell no, my assets!

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Sure, take it all

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Joe Lehr 🛡️

@JSLVENTURES

1 year

Now that the examiners report is out, glad to see all groups recognizing just how egregious & reckless AM was. Now, let’s stop the bleed, figure out how to get all liquid & illiquid assets out of Ch11, & into a constructive trust or newco with the goal of preserving what’s left.

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Joe Lehr 🛡️

@JSLVENTURES

1 year

Let bidders know what is most important to creditors👇. For me it’s not losing our remaining BTC/ETH. Im all for capturing the value of the most passionate community of HODLers that exists & willing to stay locked in to create s/t awesome as long as we ❌ risk losing what’s left

CryptoYOLO

@cryptoyolo7

1 year

It’s time to dig deep and bid hard @NovaWulfDigital @arrington @vaneck_us Tremendous opportunity to get the loyalty of the best community #Celsians in crypto. A true win-win scenario for the winning bidder/partner @CelsiusNetwork @CelsiusUcc #RealDepositorsFirst

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Joe Lehr 🛡️

@JSLVENTURES

2 years

@SimonDixonTwitt Newco, new management, new ownership. It’s our only path forward. May the best plan that puts creditors entirely 1st win 🚀

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Joe Lehr 🛡️

@JSLVENTURES

11 months

🙏 @CelsiusUcc & @CelsiusNetwork for not protecting Alex & SOME of the other fraudsters & working out a deal with the regulators that will have minimal impact on Creditor recoveries. Now it’s time to clean house of ALL bad actors, reduce payroll to a handful of ppl & GTFO of ch11

Joe Lehr 🛡️

@JSLVENTURES

2 years

Bottom line here is that @CelsiusNetwork needs to work lockstep with the @CelsiusUcc to get a community owned and led reorg done that will feasibly beat any predatory outside bid. At this point, all of our incentives should be 💯 aligned.

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Joe Lehr 🛡️

@JSLVENTURES

11 months

Given the criminal fraud charges against Celsius, does any one know if… 1 Creditors can now deduct capital losses against ordinary income 2 Creditors can now ammend old tax returns & remove taxable interest paid out to depositors 3 Both @ThomasBraziel @DavidJAdler1991 @ksuckno

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Joe Lehr 🛡️

@JSLVENTURES

2 years

@SimonDixonTwitt @aryeh_newman @ArturMPA @otisa502 @CELCATOFFICIAL Simon’s take on this Lehman brothers moment is spot on. Let’s support him or whoever is able to bring in trusted players and work with the SEC to finalize a framework for a fully compliant & transparent Bitcoin lending platform that the industry desperately needs. 1.7mm, stay 💪🏼

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Joe Lehr 🛡️

@JSLVENTURES

2 years

2/2 1. Roughly how much new capital would be needed to make a stand alone community led reorg viable and feasible? 2. Is it feasible for us to begin work with regulators asap to expedite obtaining any necessary licenses needed to resume operations & begin our road to recovery?

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Joe Lehr 🛡️

@JSLVENTURES

6 months

Serious Q for Celsius creditors- No guarantees in ch11, but wld you prefer getting court approval to move forward w/ the revised MiningCo plan or do you think other options should be re-explored/re-solicited? Thoughtful answers pls (toxic keyboard warriors need not respond 🙏)

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Joe Lehr 🛡️

@JSLVENTURES

1 year

Keep putting creditors 1st @arrington @njess at al and I believe together with this unreal community that has been through hell, we have everything needed to build something absolutely phenomenal from the ashes Sign me up to be customer #1 for NewCo’s Eth staking service

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Joe Lehr 🛡️

@JSLVENTURES

1 year

Coinflow Recovery Worksheet V3 Not updated to reflect recent case filing # s. Just a framework for plugging in final disclosure statement to analyze flow of coins in kind based on various scenarios (too many permutations to list as loans treatment, NewCo funding & Cel unclear RN)

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Joe Lehr 🛡️

@JSLVENTURES

11 months

He should have listened

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Joe Lehr 🛡️

@JSLVENTURES

1 year

Thank you @Silkee_D @ThomasADiFiore and the other members of the @CelsiusUcc for grinding away round the clock for a month with @arrington @njess @FahrenheitHldg and the other bidders to find the best plan & partnership to help creditors recover & rebuild something awesome!

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Joe Lehr 🛡️

@JSLVENTURES

7 months

Celsius creditors: Worth watching this great discussion with @Silkee_D & @ashergenoot on plans for Newco Bitcoin Mining. Super excited to get out of ch11 and build someting incredible 🚀 Celsius Crypto’s Mining Deal W/ Asher Genoot & Scott Duffy

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Joe Lehr 🛡️

@JSLVENTURES

1 year

Celsius creditors when the value of OUR BTC, Eth and other assets pump 😿

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Joe Lehr 🛡️

@JSLVENTURES

2 years

@AaronDBennett @CelsiusNetwork I noticed your more optimistic views in recent YouTube videos. Would ♥️ to see you cover some of the plans & ideas coming from the community. Unfortunately, main stream media seems to only focus on the ch11 proceedings, ignoring the gr8 potential for rebuilding something awesome.

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Joe Lehr 🛡️

@JSLVENTURES

2 years

Feeling the frustration after todays @CelsiusNetwork hearing. The legal process can feel like a game of kick the can down the road (more like up a mountain) but keep in mind that today was about the complex legalities, not reorg. Im looking forward to UCCs plan to exit ch11 quick

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Joe Lehr 🛡️

@JSLVENTURES

11 months

Important piece from DS to read & understand 👇. Should help clear up a lot of misconceptions re petition date pricing vs ultimate recovery in kind. In summary, petition date pricing is only used to determine each creditor’s pro-rata share of assets & distributions.. 1/

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Joe Lehr 🛡️

@JSLVENTURES

1 year

Pls avoid prepackaged professional answers or heavy sales pitches. We’ve had too much of that in the past. If we do this thing we want to go eyes wide open. We have an amazingly passionate, skilled & supportive community & promise to spend endless hours analysing on spaces 😉 1/2

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Joe Lehr 🛡️

@JSLVENTURES

1 year

Clawbacks from non-insiders that kept most of their assets on Celsius & withdrew much less than they deposited in the 90 day period is beyond predatory. I don’t buy that they are simply following the code. They clearly have reasonable discretion & are choosing who to shake down

Rob Christiansen

@robchristiansen

1 year

More bad news for @CelsiusNetwork network creditors. Heard back from my K&E email: “I can confirm that the withdrawal amount consists only of withdrawals and does not take into account deposits.” Please step up @CelsiusUcc to end the Debtor’s determination to inflict max pain

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Joe Lehr 🛡️

@JSLVENTURES

2 years

Thank you @TheRealPlanC @blockchainherd & @DavidJAdler1991 for helping us common folk process todays Celsius hearing (Definitely worth listening to the 1st 20 min of David explaining why a determination that CN was a Ponzi could be baaad for us all)

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Joe Lehr 🛡️

@JSLVENTURES

2 years

@ThomasBraziel @jk_seriouslyjk @CelsiusUcc @petition @propelforward @abiworld @AdamLevitin @CelsiusNetwork @Kirkland_Ellis Putting aside all the drama, not gonna speculate, but why wouldn’t Simon have submitted his plan directly with the UCC rather then the investment bankers? @SimonDixonTwitt

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Joe Lehr 🛡️

@JSLVENTURES

11 months

Follow up: Seems this is Creditors take generally Step 1- We need transparency on where remaining assets are going Step 2- Cut bleed to reorg expenses & professional fees in 1/2 Step 3- If staking biz makes sense reduce amt needed, if not cut it out of plan Step 4- Exit ch11 ASAP

Joe Lehr 🛡️

@JSLVENTURES

11 months

Step 1 - Ignore noise Step 2 - Read & absorb Step 3 - Analyse thoroughly with fellow creditors Step 4 - Decide

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Joe Lehr 🛡️

@JSLVENTURES

2 years

1/2 @SimonDixonTwitt maybe engage Sam in productive convos on recovery plans for Celsius 🤷🏻‍♂️ Keep an open mind ppl. We have no idea how this plays out or what synergies there may be in the future. Constructive conversation only pls. No gaslighting. We’ve all had enough of that…

Simon Dixon

@SimonDixonTwitt

2 years

If you want to buy the assets of @CelsiusNetwork after @Mashinsky scammed us the community would like to get clarity on these two questions so we can put the matter to bed @SBF_FTX ? DM me and we can talk it out if you prefer.

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Joe Lehr 🛡️

@JSLVENTURES

2 years

@DigitalAssetUpd Not a fair synopsis of the 2 hrs he spent elaborating on his position. I found @Zach_HODL_ON to be mature and wise beyond his yrs. He made it very clear that he was blindsided by the lock up how bad things were under the hood yet he is choosing to work on solutions. So impressed

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Joe Lehr 🛡️

@JSLVENTURES

1 year

Wait, what? Did I miss that somewhere or could there be a bigger plan hidden in all the blanks and TBDs? I certainly hope so b/c as much as I love the Wolf meme, so far I am not feeling too compelled to risk the other 50% of my assets with top tier bankruptcy pros aka Wulfpack

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Joe Lehr 🛡️

@JSLVENTURES

1 year

To those that feel the @CelsiusUcc is intentionally not working in creditors best interest, just realise this process is a minefield. Just because something should happen, doesn’t mean it has to happen NOW. Sometimes the most optimal or direct route is not in a straight line.

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

1 year

1-In connection with its investigation, the UCC has identified significant claims and causes of action that Celsius has against Alex Mashinsky and other insiders for breaching their fiduciary obligations, fraudulent transfers, and other causes of action.

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Joe Lehr 🛡️

@JSLVENTURES

2 months

We’re waiting @Mashinsky

Mario Nawfal

@MarioNawfal

2 months

🚨🇺🇸BREAKING: SBF - I'M REALLY, REALLY, SORRY I THREW AWAY WHAT WE BUILT AT FTX Sam Bankman-Fried: "There are customers who, I agree with most of what Sunil said, what they've gone through, and obviously money they didn't think they'd use; they are deprived of the gains.

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Joe Lehr 🛡️

@JSLVENTURES

4 months

Celsius creditors having issues getting crypto distributions. Seems that distributions will remain in BTC/ETH &… “In such cases, the Post-Effective Date Debtors will reroute the creditor's distribution to another Distribution Agent, but it may take additional time to do so”

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Joe Lehr 🛡️

@JSLVENTURES

1 year

I can only describe today in one word- 🤮 The toxicity on Celsius ch11 twitter was off the charts (like 99% of my feed) & disturbing Millions of ppl hurting from crypto platforms that went bust & are trying to make sense of it all but many are just🤬 & at eachothers throats 1/2

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Joe Lehr 🛡️

@JSLVENTURES

2 years

@otisa502 @SimonDixonTwitt @CelsiusNetwork Otis there is no way for anyone to finalize a detailed plan without having detailed financials including how short Celsius is of each specific asset (Btc, Eth, USDC, etc). @Mashinsky keeping the numbers from us is infuriating. This is a text I sent Alex last night. No response OC

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Joe Lehr 🛡️

@JSLVENTURES

27 days

Any other Celsius creditors getting 2-5 robo calls like this per day for the past week or so? Be careful out there.

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Joe Lehr 🛡️

@JSLVENTURES

2 years

Good 🌚 Celsius fam 🥰 Epic day, almost indescribable. We were pushed to our limits. We questioned if we could make it. Some had to turn back, my friend got ill but made it. It was exhilarating & exhausting. So much to process & many parallels to our journey w/ Celsius. Pics 👇

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Joe Lehr 🛡️

@JSLVENTURES

1 year

1099s are due by the end of Jan. However, there is more than sufficient basis to take the position that @CelsiusNetwork acted as a hedge fund & the yield being paid to earn was not in fact yield or paid. DO NOT ISSUE 1099s FOR 2022! It would only add to the carnage & damages owed

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Joe Lehr 🛡️

@JSLVENTURES

11 months

While we all want those responsible brought to justice, @cryptoyolo7 is right. As long as our assets are locked in ch11, creditors are still walking a minefield. Additional complications at this point will just cost us all more time and money that many cannot afford to lose.

CryptoYOLO

@cryptoyolo7

11 months

How exactly with this help make creditors whole??? Just more $$$ for lawyers and potential fines. Nothing for creditors

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Joe Lehr 🛡️

@JSLVENTURES

1 year

4 things regarding Celsius ch11 that become even more obvious this first week of 2023 1. Alex Mashinski is irrelevant and has no influence on the direction of ch11 exit or any future company 2. There were no bids on core biz with a significant cash component

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Joe Lehr 🛡️

@JSLVENTURES

2 months

Let the ions flow 😎

Matt Prusak

@MattPrusak

2 months

Big thanks to the team for their efforts to get energization underway

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Joe Lehr 🛡️

@JSLVENTURES

8 months

@arrington @Arrington_Cap @KeliCallaghan @njess @stevekokinos @ashergenoot @tjnaidu Thank you @arrington @KeliCallaghan for the impromptu invite & warm welcome. Was great to hang with the Fahrenheit team & talk about the future. Time to get out of ch11 & start rebuilding. Inspired by the brilliant founders of @Arrington_Cap portfolio companies. #keepbuilding

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Joe Lehr 🛡️

@JSLVENTURES

1 year

Shout out to @TheRealPlanC for standing up for Cel token depositors on the town hall! If the estate sells off assets into a newco & kills the Cel token, non-insiders need to be treated fairly. (Full disclosure: I personally don’t care. Cel represents under 1.4% of my deposits)

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Joe Lehr 🛡️

@JSLVENTURES

1 year

1/3 Read thru Celsius auction transcript & pulled relevant references to 450/500 funding. Lots of changes along the way but plan seems to return e/t aside for 450/500 which will also be used to support collateral IF loans stay active (ie funding isn’t in addition to collateral)👏

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Joe Lehr 🛡️

@JSLVENTURES

6 months

Praying for peace for ALL that truly want to live in peace

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Joe Lehr 🛡️

@JSLVENTURES

11 months

Step 1 - Ignore noise Step 2 - Read & absorb Step 3 - Analyse thoroughly with fellow creditors Step 4 - Decide

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Joe Lehr 🛡️

@JSLVENTURES

10 months

Ty @camcrews of @HellsiusNetwork for getting recording of part 1 of todays post Fahrenheit presentation spaces getting creditor reaction + amazing discussion. If nothing else, take a close look at the thumbnail 🤣

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Joe Lehr 🛡️

@JSLVENTURES

2 years

Go to 1:17:50. Very encouraging! Thank you Greg @CelsiusUcc , @Silkee_D , @ThomasADiFiore for putting us 1st and working tirelessly behind the scenes on a groundbreaking stand alone reorg owned by the community!

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

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Joe Lehr 🛡️

@JSLVENTURES

2 years

@SimonDixonTwitt @DavidJAdler1991 @Syclops421 @justinn777 @ThomasBraziel @jk_seriouslyjk @CelsiusUcc @petition @propelforward @abiworld @AdamLevitin @CelsiusNetwork @Kirkland_Ellis @Mashinsky Fair. People are obviously jaded and don’t know who they can trust to really put depositors first in this absolutely messed up situation. The sooner you can give us full clarity on your plans the better. Until then, I believe we are all entitled to no less then the attached plan

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Joe Lehr 🛡️

@JSLVENTURES

1 year

Constructive convo going on live. So far no ad-hom attacks or insults toward fellow creditors 👏. Faith in humanity not dead yet. There is hope 😎

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Joe Lehr 🛡️

@JSLVENTURES

1 year

No cram down. Make this plan 100% depositors first and you have a huge opportunity here to help creditors whose lives have been decimated and jumpstart the most trusted Crypto conglomerate in the space Novawulf. Anything less is unacceptable in a ch11 like this. GL

David Adler

@DavidJAdler1991

1 year

@ByteTheBit1 @CraZyBad1234 @PeterM_c @SimonDixonTwitt @CelsiusLoans @cryptoyolo7 @longcrypto100x @ThomasBraziel @BillRochelle If some classes vote to reject the plan and there is at least one accepting class, the plan can be confirmed under the cram down provisions of 1129(b).

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Joe Lehr 🛡️

@JSLVENTURES

11 months

We dodged another bullet

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Joe Lehr 🛡️

@JSLVENTURES

1 year

Celsius Board Member reveals how to get your coins back, when “New Celsi... via @YouTube How did I miss this? Ty @davidlin_TV & congrats on the new channel.

Fund manager reveals best and worst stocks of 2023 | David Barse

David Barse, CEO of XOUT Capital and a Member of the Board of Celsius, explains how Celsius users can file a claim to have coins returned, and plans to restr...

www.youtube.com

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Joe Lehr 🛡️

@JSLVENTURES

1 year

Anyone have a full copy of this WSJ article?

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Joe Lehr 🛡️

@JSLVENTURES

2 years

@Rushhout @jk_seriouslyjk @eastcoast48 @Hodler24Seven @ozi_crypto Been listening on spaces for months & working on this. Was going to release anonymously (so I don’t get attacked) after a much needed vacation with family but wth… hopefully this leads to some positive discussion & better iterations including tokenisation (Pg 2 to follow)

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Joe Lehr 🛡️

@JSLVENTURES

2 years

Good morning Celsius Fam 🥰

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Joe Lehr 🛡️

@JSLVENTURES

2 years

@otisa502 @cryptoismyjam ✌️ together we are all going to make sure Celsius ends up being an absolutely incredible company with all of us better off for having gone through this incredibly difficult time together

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Joe Lehr 🛡️

@JSLVENTURES

1 year

Do you think NovaWulf or another competent sponsor/manager of NewCo can survive on 8-10% interest on 45m secured convertible loan, plus, for the 1st 3 yrs, earn 1.5% flat management fee (37.5mm annually assuming 2.5bn in AUM), & the creditors get .5% - after 3 years each get 1%?

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Joe Lehr 🛡️

@JSLVENTURES

2 years

… ideas for restructuring Celsius as a community owned/guided platform can be groundbreaking. Together, we can transform Celsius into the innovative, fully transparent & compliant, premier bedrock Bitcoin/crypto financial services ecosystem that we all want & need.

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Joe Lehr 🛡️

@JSLVENTURES

6 months

MiningCo Transaction Snapshot Not an easy needle to thread. Ch11 is a minefield. Thankfully we don’t need to waste many more months & burn another 100mm re-soliciting #timetoexit ASAP

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Joe Lehr 🛡️

@JSLVENTURES

7 months

As a Jew I have always valued human life above all else. I continue to be critical of Israel & highly sensitive to the Palestinian plight. However, one has to be entirely brainwashed to compare the barbaric, subhuman actions of Hamas to the actions of Israel. Enough!

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Joe Lehr 🛡️

@JSLVENTURES

5 months

Happy, healthy, peaceful & prosperous 2024 🥂

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Joe Lehr 🛡️

@JSLVENTURES

1 year

When can we hear more abt other plans? Creditors want/need a creditor-centric plan that; -Gives us equity but ❌ take what’s left of our assets -❌ penalize those that want to sell equity - ❌ give incentives to sponsor on BTC/ETH appreciation There is a better way!

Celsius

@CelsiusNetwork

1 year

Today, the Court approved our motion to extend exclusivity to file a plan through the end of March. We continue to work closely with all stakeholders and NovaWulf to finalize remaining elements of our plan.

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Joe Lehr 🛡️

@JSLVENTURES

1 year

Refusal to give guidance & non-existent enforcement for years in the face of obvious nefarious activities by some, followed by stifling crackdown on good actors in the space causing additional pain & destruction to retail… Bottom line- Gary has failed all of us & needs to go.

Watcher.Guru

@WatcherGuru

1 year

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Joe Lehr 🛡️

@JSLVENTURES

1 year

There are maybe 2 ppl left in the 🌎that believe AM did no wrong & many 1000s that felt another kick in the stomach once the extent of the examiners report set in this week. Good on those that gave the benefit of the doubt until there was no doubt left #notyourfault #inittogether

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Joe Lehr 🛡️

@JSLVENTURES

1 year

@presel_ @camcrews @aryeh_newman @elveton101 @scaminsky1 @CelsiusLoans @DanielFCelsius @shinnosuke1959 @TiffanyFong_ Can’t believe what I’m reading. I had to go check it myself to verify it wasn’t fake. I think I may have just become a fan of cancel culture. WTH!!! There’s no room to excuse or give the benefit of the doubt on this that I can possibly think of.

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Joe Lehr 🛡️

@JSLVENTURES

2 years

@SimonDixonTwitt @Twixnipps @NickNew41532832 @Aliu_Adedotun_A @dan_howitt @CelsiusNetwork @BankToTheFuture Wondering if we have any lawyers or other qualified ppl in the Celsius community that can communicate with the SEC to impress how bad a bankruptcy or severe enforcement action would be on 1.7mm (typically long term savings depositors). We need them on the communities side

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Joe Lehr 🛡️

@JSLVENTURES

7 months

So glad you knew nothing about bankruptcy prior to Celsius @arrington . Would have been so much worse for creditors if you hadn’t stepped up to the plate 👊

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Joe Lehr 🛡️

@JSLVENTURES

1 year

@DavidJAdler1991 Alex should do the right thing and immediately sell off all assets and give proceeds to creditors. He won’t. At what point does the meter start on accrual of statutory interest on monies owed?

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Joe Lehr 🛡️

@JSLVENTURES

2 years

@cryptoismyjam @AliDemi66792024 @otisa502 Yep, the Celsius Community is supportive, passionate, full of positivity and loyal to a fault. Unified, the community is the networks most valuable asset. As things progress, we may have a tremendous opportunity to promote a positive outcome for all so keep supporting eachother.

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Joe Lehr 🛡️

@JSLVENTURES

2 years

@Hodler24Seven @jamers2012 @SimonDixonTwitt @FrancoRichard_ @Satoshinomicon @ArturMPA @BankToTheFuture @TheRealPlanC @otisa502 @lb_westernston @AaronDBennett @JasonMack99 @KyloPent @Jeff_9989 @CelsiusNetwork 👍 If you see any red flags, share. It’s important to stay optimistic but it seems that Celsius is in real trouble. Presenting a community driven restructuring plan is worth pursuing and with good leadership the SEC may approve an innovative solution here 🤷🏻‍♂️

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Joe Lehr 🛡️

@JSLVENTURES

1 year

Earn to contribute 150mm (and possibly more) for operations? Did that increase since the term sheet? I don’t recall.

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Joe Lehr 🛡️

@JSLVENTURES

1 year

@TiffanyFong_ @CelsiusLoans @DailyMail @nypost Disgusting journalism! Plus this pic of SBF swimming naked would have been much more appropriate under the circumstances.

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Joe Lehr 🛡️

@JSLVENTURES

11 months

Update per @RaviFahrenheit on @FahrenheitHldg Spaces: Institutional Loans & Defi/Staking assets are considered illiquid for purposes of the plan (not entirely sure why not liquidated/distributed), & will transfer to NewCo, which means 380m in reorg expenses & professional fees👇

Joe Lehr 🛡️

@JSLVENTURES

11 months

Plan execution burn summary: We were all so thrilled (& still are) when @arrington group showed up & agreed to only hold back 450m to make plan work & return remaining assets to creditors. Little did we know that expenses would be on top of that figure & reach 581m more… 1/3

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Joe Lehr 🛡️

@JSLVENTURES

1 year

Seems like some have a different take, but here is what I gathered from the Celsius hearing today.. A. There are no significant value maximizing cash bids to date B. Reorg/Newco appears to be best option for creditor recoveries & is now the primary ch11 exit being pursued 1/4

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Joe Lehr 🛡️

@JSLVENTURES

1 year

@mcagney Mike, how can we address 👇? Creditors do not want to risk losing what is left of their BTC/ETH. The taxable event caused by the debt for equity swap alone will force those with a low cost basis to sell their equity & withdrawable coins just to pay Uncle Sam. Devastating!

Joe Lehr 🛡️

@JSLVENTURES

1 year

Let bidders know what is most important to creditors👇. For me it’s not losing our remaining BTC/ETH. Im all for capturing the value of the most passionate community of HODLers that exists & willing to stay locked in to create s/t awesome as long as we ❌ risk losing what’s left

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Joe Lehr 🛡️

@JSLVENTURES

10 months

👇 harassment. Why do some ppl have an obsession with “squeezers” that is on the level of others obsession with @SimonDixonTwitt . We are not the KGB & participating in squeeze is not grounds for confiscating ppls assets. Alex & insiders defrauded us here not Cel holders #getagrip

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Joe Lehr 🛡️

@JSLVENTURES

10 months

Beautiful summer day to “touch some grass” while scrolling through Celsius twitter lol

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Joe Lehr 🛡️

@JSLVENTURES

1 year

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