CateWebb

Alex @Mashinsky has been Sentenced to 12 years for Commodities Fraud and Securites fraud & will serve his sentence beginning September 12th

@ParrotCapital Job requirements: "Little experience in securities law"

We had an SEC enforcement director? Could have fooled me.

Wait wait I can't 🤦‍♂️😂 @IonicDigital spent from 2022-2025 to finally energize the nearly 120,000 ASIC they had sitting in boxes, which the first CEO made a joke about. Then within less than 8 months are back to the deployed rig levels of the Ch.11 after spending over $1.5 billion between pre ch.11 acquisitions, build out, expenses, and have generated basically no net profit since everything was tied to FASB. 🤦‍♂️ Not to mention, they've been using the Cedarvale shutdown for now 4, months straight to justify losses. How long will they beat that dead 🐎?

@HellsiusNetwork @Mashinsky Was wondering how long he'd last after the Diddler got there....lol

↔ Inmate Alex @Mashinsky has transferred from Fort Dix, NJ to Lewisburg, PA.

There are no heroes in this match up between Kevin O'Leary and Bit Boy, both of whom have shilled one crypto scheme after another, ruining countless retail crypto traders in the process. Run far away from both of these grifters!

@TaviCosta The chart is measured in USD on the Y-axis. With silver tripling in last yr, demand could be flat, & you'd still see ballooning import $ volume like that. This chart can be very misleading to infer demand trends unless the Y-Axis is measured in tons of actual products imported.

Meanwhile: India’s silver imports have just reached record levels.

And he already is begging for his friends to be let out to play.... 🙄😡@sunil_trades

Monthly BTC mining update for @IonicDigital which the victims are @CelsiusNetwork. According to Wallet data on @arkham Ionic had the following metrics. Ionic Saw a low of 0.29 BTC for Dec 2nd 2025. CY25 results YTD. Ionics BTC rewards in relation to BTC price performance. Hopefully @IonicDigital can provide some clarity for shareholders. As it's rather shocking to track this performance for going into the 2nd month while nobody has shared what is occurring. While the handover was anticipated, public statements insinuated Q2-3 2026. Not sure if @GWAM_Abbate would be able to comment at this time. But would be great to potentially hear some meaningful details.

Wen SBF

With $BTC continuing to stay suppressed @IonicDigital which is the startup created by forcing victims of @CelsiusNetwork to invest during Ch.11 has saw substantial reductions in BTC output well before the scheduled handover to @nscale for Q3/2026. The Nov 2025 Average daily BTC Mined has fallen to 1.96 from 3.17 in October a peak in FY25 of 4.85 in March. There has been a substantial decoupling effect for a while, but really appears to have taken effect once BTC dipped below $109,000. While @IonicDigital has been perfectly content to run unprofitable for years, mining BTC in the red likely hoping for FASB adjustments which favored them briefly on their FY24 substantially redacted/partial audit. With the announcement of the Lease & attempting to get listed, I suppose they need to finally start being somewhat fiscally responsible. Data sourced directly from @arkham

@ChazzonKe @z0roProfit They prob smuggle baby oil into the prison, so he probably can shave off a few more years making "friends" with certain people giving them back rubs & stuff

@z0roProfit He can earn up to 56 days per year off his sentence up to the point he hits the 85% minimum time in prison for good behavior. He can also get 10-15 days for specific improvement program completions. But none will reduce the past 10.2 years.

Not sure what #Mashinsky is doing. But he's getting released earlier and earlier. First picture from Oct 16th, second from today.

Holy production collapse for @IonicDigital mining just 1.76 BTC. Ionic has also lost $43 million in under 30 days using the same FASB guidelines they used to pump their paper profits for FY24. To date from January 1st 2025 thru Nov 6th 2025 Ionic has earned $123.4 Million in revenue, with an estimated energy expense using FY24 reports, known rigs, and rates puts them around $104.3 million in direct energy expenses. Leaving just $19 ish million in Gross to cover Admin, SGA, and other expenses. With this market slump Ionic is down -$25.23 Million ONLY accounting for energy.

⚠️Ionic Digital Monthly update & Questions for the board. The month of October 2025 was not great for @IonicDigitaloutside of the Lease agreement for FY26. Ionic well outside of even my generous estimations ending the month at 98.13 BTC down -4.13%. They did manage to not make any public sales according to @arkham data. Daily Average ended -7.22% compared to Sept 2025, and down from the March 2025 peak by -34.73% over just 7 months. Monthly revenue was down -3.37%; however, effective EH/S was up 6.39%. So they are still pushing. Revenue per TH/Ss was down in oct to $1.98 per TH/S according @TheBlock__ and @Dune Based on available data excluding the substantial cost of management & board (Except Abbate and Oliver) They barely saw $1.2 million after just their energy costs. $9.93 Million in Energy against $11.2 Million in revenue. Definitely a substantial monthly loss after all other costs are accounted for. With the recent price adjustments on BTC, Ionic has suffered substantial production losses. Falling to just 1.99 BTC per day on Nov 3rd __________________________ In regards to general business questions / concerns for the future. It would be great if @IonicDigital could provide more guidance on what the future business plans actually are for shareholders. It's understandable @GWAM_Abbate and @owiener are still under a heavy NDA so any update would come from the main company. The lease revenue will be good; however, it's in cash and nearly 65% of the revenue generating assets/energy capacity will belong to others. It's also not going to be a straight $200 million in net profit, but likely more in the range of $165 - $180 Million after landlord expenses are taken into consideration. That would put the business a little over $30-$40 million up on average annual revenue (ish) while saving roughly $72 million (year is estimated to close around $125 million in energy expenses) in energy expenses associated with the rigs to be retired once the facility is handed over. So well the Net income will increase, it'll still not be ground shattering. So what is the next plan? You have over 80,000 private investors from @CelsiusNetwork That have no idea what the business is supposed to be now. @IonicDigital has not been functionally even similar to the company the CH.11 advertised to them, and convinced victims to approve. One of the key conditions and promotion points was receiving Cedarvale from @corescientific and after less than 1 year of operation, the company has opted to lease the entire site away to include the Sub station on property for exclusive use of the tenant based on standard NNN agreement structures and thee established outline for the site the tenant has published.

The month of October 2025 was not great for @IonicDigital outside of the Lease agreement for FY26. Ionic well outside of even my generous estimations ending the month at 98.13 BTC down -4.13%. They did manage to not make any public sales, so we'll have to see what they remote as we know a few hundred BTC are in undisclosed wallets. Daily Average ended -7.22% compared to Sept 2025, and down from the March 2025 peak by -34.73% over just 7 months. Monthly revenue was down -3.37%; however, effective EH/S was up 6.39%. So they are still pushing. Based on available data excluding the substantial cost of management & board (Except Abbate and Oliver) They barely saw $1.2 million after just their energy costs. $9.93 Million in Energy against $11.2 Million in revenue. Definitely a substantial monthly loss after all other costs are accounted for. With the recent price adjustments on BTC, Ionic has suffered substantial production losses. Falling to just 1.99 BTC per day on Nov 3rd

@ChazzonKe @corescientific @matthew_sigel 💯and thank you Keith for steadfastly caring and advocating for Ionic Digital's shareholders. Like "Matthew Sigel said, "Shareholders deserve alignment." I would also add...."and full transparency on a regular basis."

I'm glad @corescientific shareholders successfully won and pushed back on the predator offer which I touched on in the tweet @matthew_sigel saw and further expanded on below and in numerous posts. While I've not been a shareholder in the mining space for years as I advocate for the victims of @CelsiusNetwork who are forced investors of @IonicDigital to maintain neutrality, I have been extremely proud and supportive of the company and their outstanding level of communication in regards to daily operations from bankruptcy till even now. Shareholders of @corescientific since before or directly after bankruptcy fought hard and the leadership until this @CoreWeave deal has firmly earned the trust. I am hopeful that the board will now return to the path that saw them secure financial security through alignment with shareholders. Y'all know the correct path. Just look back at 2022-2024 and rekindle that attitude. Communicate, coordinate, and execute alongside your shareholders.

@DigitalAssetUpd "Confidential" request to be publicly listed

Request to be publicly listed submitted to SEC Celsius creditors one step closer to seeing the value of shares, and being able to trade them on the open market

@ChazzonKe @IonicDigital A good recipe cookin' up confidential, privileged info takes time. Gotta just do a "trust fall" into these OG board members arms because THIS time they mean it...Well, if the "market and OTHER conditions" say so...but

So let me get this straight. @IonicDigital has still not released the full FY24 audit to shareholders merely a fraction of incomplete section, has not released Q1 or Q2 financials. And then files an S-1 under confidential seal? Further denying access to shareholders? Y'all are fucking allergic to accountability huh? It takes 30 days for the initial comments to return, another 90-150+ days to handle any matters raised, make fixes, and meet all disclosure requirements. Total IPO process is 6+ months at best case. All while shareholders still have no actual full audit and likely nothing for another half a year as they filed confidentially.

@IonicDigital "subject to market and OTHER conditions." Transparent AF

Today, Ionic Digital confidentially submitted a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission (“SEC”) relating to its proposed public listing. The public listing is expected to take place after the SEC completes its review process, subject to market and other conditions. businesswire.com/news/home/2025…

@WatcherGuru @tyler @cz_binance Aka..."A lot of People #1 out of 20"

JUST IN: Gemini Co-founder Tyler Winklevoss says Binance Founder CZ deserved to get pardoned. "His prosecution was politically motivated."

Mate you are attempting to play semantics, your own plea agreement clearly states you pled guilty to Failure to maintain ANTI-Money Laundering" Program. You also Pled guilty to actively and willfully aiding and abetting actions that caused MSB to fail to develop and implement the ANTI-Money Laundering Program. That is, very much a Money Laundering conviction, which you pled guilty too. You didn't just make a mistake, you had been warned for an extended period of time, that Binance was not within compliance, and you willfully ignored proper guidance. Your plea agreement is riddled with you being warned consistently about the companies willful and intentional avoidance of legal requirements, which you had full authority and ability to enforce. But you didn't. A pardon does not remove your conviction, you are still a Felon. You clearly have not taking any actual accountability for your actions, and merely pled to receive the lessor charges and sentence. Can play all the word games you like. It does not void your actual charges. Plus, a Pardon does not grant you immunity for life. You likely will continue to conduct illegal activities, and it'll be just a matter of time.

@WatcherGuru @cz_binance @PeterSchiff Never forget how Schiff called Mashitstain out youtu.be/58e1tdGb0ug?si…

JUST IN: Binance Founder CZ agrees to a Bitcoin vs Gold debate with Peter Schiff.