Daniel Cluphf

@hl0001 @Spicy_Noodles__ @LisaSte00552855 @donutapp @Robinater5 Ah makes sense now

@CluphfDaniel @Spicy_Noodles__ @LisaSte00552855 @donutapp @Robinater5 125% collateral is to cover loan defaults. There are no loan defaults at this time. There is a liquidity problem, and they are completely unrelated.

Thank you for your continued patience, understanding and words of encouragement. Starting today, and every Tuesday and Friday until a resolution is reached, we will publish updates to our FAQ with the latest material information available. help.donut.app/en/articles/67…

@donutapp Is Genesis your only possible source of funds?

Update: Genesis has voluntarily filed for Chapter 11 bankruptcy protection. This filing is a step forward in the recovery of funds for Donut users. Learn more about this and how we are being proactive in our latest Market Update: help.donut.app/en/articles/67…

@Spicy_Noodles__ @LisaSte00552855 @donutapp @Robinater5 The 125% collateral was literally a lie.

@LisaSte00552855 @donutapp @Robinater5 They're not liars. You're investing in a fucked up environment.

@cameron No. YOU pay out to your users with YOUR money, and then you can work on recuperating from Genesis. We did business with YOU: not Genesis.

1/ Earn Update: This evening, Genesis Global Capital, LLC (Genesis) filed for bankruptcy under Chapter 11. This is a crucial step towards us being able to recover your assets.

@SatPimon @donutapp Oooo that's juicy.

@cameron @DCGco No. YOU make YOUR users whole using YOUR personal funds. Don't put it all on Barry/DCG. YOU built this business and we trusted YOU with our money.

Earn Update: An Open Letter to the Board of @DCGco

@BarrySilbert @DCGco Dude, I literally just want my money unfrozen.

@cameron @BarrySilbert Or YOU could make YOUR users whole using YOUR personal funds rather than putting all the responsibility on Barry.

Earn Update: An Open Letter to @BarrySilbert

@megapowers3747 @cameron @BarrySilbert I hope they can settle this at Wrestlemania.

@cameron @BarrySilbert This is giving WWE vibes the fight is fixed the money is gone ain’t getting replayed and your BOTH trying to figure something out before another FTX situation explodes

@DarrenJ25819330 @donutapp I lose hope with every update.

@donutapp Thank you for the update, Donut. Really appreciate the insight. Hoping for a good outcome for all retail customers.

@Bitboy_Crypto @kevinolearytv Taking a quick screenshot before you delete this tweet lol

The fact is @kevinolearytv is a murderer. But he covered it up. Just like he is covering up his involvement & investment in FTX. I believe FTX investors need to file a class action lawsuit against Kevin for his involvement in the FTX cover up & Celsius sabotage.

@genesissupports @Handyman590 @john_wade_hess @donutapp 🤣🤣🤣🤣

Hey all 👋 Thank you for your continued trust and patience as we navigate this situation together! To honor our 48 hour commitment, here’s the latest update: help.donut.app/en/articles/67…

@Handyman590 @john_wade_hess @donutapp I have zero hope for Genesis

@john_wade_hess @CluphfDaniel @donutapp You can’t assume they lost it all. We need to wait and see the what Genesis does

@john_wade_hess @donutapp Lesson very much learned. I’m legit embarrassed.

@CluphfDaniel @donutapp Well they lost it, only trust BANKS! Not a little start up that fucks your money over, FDIC insured is the only way to go, Citi bank has a savings account with over 3% interest making it close to the donut interest, and it’s FDIC insured, Donut is a Joke🤣

@100trillionUSD Omg you’re still here? 🤣

@donutapp I was LITERALLY about to withdraw everything before you sent out the email that we weren’t exposed to FTX. I kept it in BECAUSE of that email. I’m seriously disgusted, and I feel like an idiot.

5/ We greatly appreciate your patience during this challenging time. Our team will continue to work hard to provide updates with material information soon 🙏

1/ Update for Donut users 🍩 We continue to work directly with Genesis, its parent company DCG, and a group of creditors in a similar position, to find a resolution for users to redeem their funds.

@TeenMick @VeenaDoll_ @Eischman1 @donutapp Seriously look at her profile 🤣

@VeenaDoll_ @Eischman1 @donutapp Is this your burner account Neel?

@donutapp Got it. I’ll consider my savings lost. Your level of exposure to Genesis is clearly higher than you’re letting on, and I’m beginning to wonder if it’s close to 100%

@MaddenG0d24 @Official_WSB Car Icahn shorting GME.

@donutapp crickets...

TLDR: Genesis' update next week will inform our next steps and when we can resume services. We understand this is a liquidity issue (no loss, only delay). If there is a solvency issue, loss possible, but unable to forecast that as of now. More to come 👊