mpdas108

@Kiln_finance How do you plan to fix / reimburse users who manually called Withdrawal() on their exited ETH and your contract stole 8% of their deposited ETH??

@cieletchanson @RadixIsBetter @AP_Abacus @GenesisTrading Bottom of page 12 of the PDF, page 3 of the plan term sheet.

@mpdas108 @RadixIsBetter @AP_Abacus @GenesisTrading I might overlooked this …which page of docket 19 says 120days?

UPDATE: Several conversations yesterday regarding @GenesisTrading bankruptcy claims trades. Activity has dramatically picked up since Ch. 11 filing. **sources: larger trades are being finalized at 30% +\-

@tay__mac @AP_Abacus @GenesisTrading The current plan has been filed with the bankruptcy court. The plan is docket document number 20. You can read for your self and stay informed: restructuring.ra.kroll.com/genesis/Home-I…

@cieletchanson @RadixIsBetter @AP_Abacus @GenesisTrading If you want to stay informed on the current plan details, timelines, all filed court document, and any other information of the ongoing bankruptcy case, they are publicly available here: restructuring.ra.kroll.com/genesis/Home-I…

@RadixIsBetter @AP_Abacus @mpdas108 @GenesisTrading Genuinely curious where this payment schedule and timeline come from? Thank you.

@AP_Abacus @GenesisTrading 😅 🙏

@mpdas108 @GenesisTrading I appreciate your optimism.

@AP_Abacus @GenesisTrading If DCG contributes and Gemini contributes and those Gemini creditors take the Gemini/DCG settlement. Then the Gemini creditors very well may be made whole. It’s outlined in the plan.

@AP_Abacus @GenesisTrading Doesn’t make any sense if you look at the docket filings, which outline their rough assets and liabilities, and the proposed plan to make creditors whole within 4 month maximum time. I find it hard to believe anyone is so foolish and impatient as to sell their share for 30%…

@StatMojo @OnBrinkCapital Just checked and it’s actually 10% of GBTC that is owned by DCG, upon dissolving the trust and liquidating at Bitcoin spot prices that would give DCG approximately 1.05 billion dollars, but surely there would be some market slippage.

@OnBrinkCapital The fud is coming from the idea of liquidating the grayscale trust to pay back genesis/gemini earn, but as far as I know that doesn't quite make sense because if they liquidate the trust they have to pay that cash out to the shareholders, which doesn't help genesis in any way

If DCG/Grayscale situation isn't bottom FUD psyop, I'm deleting my account.

@StatMojo @OnBrinkCapital As far I understand DCG owns a good amount of GBTC and upon dissolution of the trust would now have those funds available to repay the 1.1billion dollar promissory note to Genesis.

@paxful The transaction into paxful wallet shows 13 confirmations on the blockchain on paxful wallet has trans ID but shows 0 confirmations. I have submitted a support ticket but no response yet. Is there some sort of outage or issue with paxful at the moment.