Joe Sarachek

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Joe Sarachek

Joe Sarachek

@Restructurings

Distressed investment advisor and attorney focused on bankruptcies and restructurings, including claims trading

New York Katılım Temmuz 2009
390 Takip Edilen464 Takipçiler
Joe Sarachek retweetledi
CelsiusFactsNumbers
CelsiusFactsNumbers@CelsiusFacts·
💥 @blockfills aka Reliz Technology Group Holdings Inc files for Chapter 11! Reliz owed 1 more promissory note to @CelsiusNetwork due March 2026, it's possible that the payment of this last note might be delayed, although the value shouldn't be that significant. The reason for filing is similar to #CelsiusNetwork comingling of clients funds and investment into Bitcoin mining! Per Celsius last Admin quarterly report: "Reliz. The ARM, on behalf of the Post-Effective Date Debtors, negotiated and entered into a settlement agreement with Reliz Group Technology Holdings Inc. and its affiliates (collectively, “Reliz”) in connection with arbitration awards CNL holds against Reliz. The ARM obtained approximately $3.6 million in immediate funds and two secured promissory notes... Through December 31, 2025, payments from Reliz totaled approximately $16,715,429, which includes a complete repayment of the secured note that matured in September 2024" One of the largest creditors is @Nexo with at least $4.7M of inaccessible funds! Sources: cases.stretto.com/public/x191/11… veritaglobal.net/blockfills/doc…
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Joe Sarachek retweetledi
SLX Markets
SLX Markets@SLXMarkets·
BlockFills filed Chapter 11 in Delaware yesterday. $100M–$500M in liabilities, 1,000–5,000 creditors, and $119M+ in top unsecured claims — mostly customer funds. Withdrawals frozen, CEO gone, and a lawsuit alleging commingled assets. Another crypto restructuring hitting the market. #BlockFills #Bankruptcy #Chapter11 #Crypto
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Timmy Shen
Timmy Shen@timmyhmshen·
JUST IN - Crypto lender BlockFills has filed for Chapter 11 bankruptcy after weeks of turmoil that included a temporary halt on client withdrawals. The filing shows $50M–$100M in assets versus $100M–$500M in liabilities, underscoring the scale of the firm’s financial distress. Full story ⏬
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Susie Wiles
Susie Wiles@SusieWiles·
Last week, I was diagnosed with breast cancer. Nearly one in eight women in the United States will face this diagnosis. Every day, these women continue to raise their families, go to work, and serve their communities with strength and determination. I now join their ranks. I am grateful to have an outstanding team of doctors who detected the cancer early and are guiding my care, and I am encouraged by a very good prognosis. I am also deeply thankful for the support and encouragement of President Trump as I undergo treatment and continue serving in my role as White House Chief of Staff.
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Stefen Rosner
Stefen Rosner@stefen_rosner·
That’s a wrap on my trade deadline coverage for tonight. Time to go celebrate the birthday. Thanks to everyone who followed along and always a big thank you to everyone who supports my #Isles work & especially the @TheElmonters. Means everything. Cheers 🍻
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Laura Loomer
Laura Loomer@LauraLoomer·
I have been asked this question the last few days by many people, including reporters: “Laura, did you show President Trump what Tucker Carlson said about his airstrikes in Iran when you spoke to him?” Yes. I did. I told President Trump @POTUS and I showed him many of the terrible things @TuckerCarlson has been saying about him. Including his disgusting suggestion that President Trump is controlled by @netanyahu. I showed him this article and what Tucker told @jonkarl, calling Trump’s operation in Iran “disgusting and evil”. President Trump told me he had not seen this article and what Tucker said about him until I showed it to him. I found that to be quite alarming. Hopefully Trump’s staff are not hiding this information from the President… It is very important that President Trump understands how Tucker is trying to undermine his administration and the MAGA movement. I’ll always tell President Trump the truth.
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Laura Loomer@LauraLoomer

Just spoke to President Trump and congratulated him on another successful combat mission eradicating one of the world’s most evil Islamic terrorists! I told President Trump he has made the United States proud as the 47th President ending 47 years of Iranian terror and freeing the Iranian people from 47 years of Islamic oppression. I also told him everyone who loves America and hates terrorism is cheering for him and celebrating today, with the exception of the Woke Reich, Tucker Qatarlson, Thomas Massie, Marjorie Traitor Greene and the communist Democrats. We should all be cheering for America and President Trump today and everyday! He’s a hero, and he makes our country proud. 🇺🇸 President Trump makes me so proud to be an American! I am so PROUD I get to say I had the honor of voting for Donald Trump. We will never have another President this incredible or impactful. So I’m enjoying every moment we have Donald Trump. He has made the world a safer place. Thank you, @POTUS! 🇺🇸

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Joe Sarachek
Joe Sarachek@Restructurings·
@FrankieBorrelli Frankie, you're right, remember when WPIX would cover the St. Patty's Day parade?
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Frankie Borrelli
Frankie Borrelli@FrankieBorrelli·
Hate to do this but this is BY FAR the worst tv production I’ve ever seen for a hockey game. Why are they so zoomed in on whoever has the puck? It’s nauseating. Never seen anything like it. Announcers sound like they’re asleep. Just a brutal watch right now. MSG would never
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Melissa Chen
Melissa Chen@MsMelChen·
Seeing a plethora of low IQ “Israel FORCED the US into war” takes. Xi thanks you for helping to unwittingly launder CCP propaganda btw. The US strikes come down to Iran and China having engineered a mathematically unwinnable war of attrition for any purely defensive strategy. In other words, they can replace missiles faster than the US can replace the interceptors needed to stop them. Secretary of State Marco Rubio stated this week that Iran is now producing over 100 ballistic missiles per month, while the US can manufacture only 6–7 relevant ballistic-missile interceptors per month (the high-end systems actually capable of reliably knocking down Iran’s advanced threats). Even the broader Patriot PAC-3 MSE line is only at ~45 per month today and THAAD/SM-3 production is even tighter at under 10 per month before emergency surges. Surely you can see how this is a giant problem. And what is China doing? China is deliberately supercharging this imbalance. Beijing has been caught shipping dual-use propellant ingredients, planetary mixers, and components that let Iran rebuild its munitions factories at breakneck speed. Reuters released a report on Feb 24 revealing that Iran was days from sealing a deal with China for CM-302 supersonic anti-ship missiles capable of evading defenses, sinking US carriers / destroyers from a distance of 290 km, which turns the Strait of Hormuz into a lethal kill zone. If this doesn't strike you as a red line that should galvanize action now rather than later, then you are unable to handle the reality of geopolitical survival. Why is China doing this? Because a cheap, endless Iranian missile barrage that forces the US to expend $4-million interceptors against $20K Shaheds (or $200K ballistic missiles) is Beijing’s perfect trap - keep America’s navy, aircraft and industrial base tied down in the Middle East burning through stockpiles. Basically, keep America busy and out of the West Pacific. The imminent arrival of a Chinese-backed “gamechanger” would have rendered America’s naval supremacy obsolete and provide an anti-access shield over the Gulf, Iranian nuclear sites, and every proxy from Hezbollah to the Houthis. This is why the Gulf States are also aligned with US action. The US needed to restore deterrence against a regime racing toward nukes, and send an unmistakable message that the United States will never cede the Gulf to a Sino-Iranian nightmare. I highly recommend listening to the latest episode of @triggerpod and @havivrettiggur. These guys provide the best analysis of the situation.
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Joe Sarachek
Joe Sarachek@Restructurings·
This is a pivotal moment for the future of independent vendors in American retail. Today, I was quoted in The New York Times regarding Saks Fifth Avenue and Richard Baker, and the implications extend well beyond a single company, they affect independent vendors across the world. “Small, independent designers that sold their products to Saks Global will suffer most [from the bankruptcy]… Up-and-coming brands thought they were getting a big break by showcasing at Saks and Neiman.” #Sarachek #Saks #NewYorkTimes #Vendors #Retail linkedin.com/posts/joseph-s…
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Vivek Ramaswamy
Vivek Ramaswamy@VivekGRamaswamy·
Victimhood is a choice. We choose success instead. It was an honor to keynote the opening & ribbon-cutting for the Chabad Student Center at Ohio State today. 💪🏼
Vivek Ramaswamy tweet mediaVivek Ramaswamy tweet mediaVivek Ramaswamy tweet mediaVivek Ramaswamy tweet media
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