Topic: Former Celsius CEO Alex Mashinsky reportedly arrested - page 2. (Read 433 times)

Did you mean the exchange that has fled a hundred countries and can't manage to get a real license anywhere?
Do I have to mention the headquarters saga again and again? Hong Kong, Singapore, Japan, Malta, we don't want to tell you where?


No, that's what spineless plebs have as options!
I have the right to say fuck you to everyone, I have the right to dislike, criticize and send to whatever hole I deem fit at that moment!
What you're describing is a kissing boot attitude that will make sure forever you're just going to be a yes man and your price is half a penny!


I assume you have data and the name of these at least 200 exchanges that did so, right?
You're not pulling numbers out of you know what, right?

To play devil's advocate, he said "with some power in crypto". CZ is a shitcoin pumper, running a crypto casino, where you can pay him to list (pump) your coin and give you an opportunity to sell everything to new "investors" (simpletons) who think that if a coin is listed it means it's legit. I don't believe in his safu fund and I don't like how he pushes shitcoins to people who are new to crypto. A lot of the coins that were once listed by CZ are now gone.

Bullshit! Every government, every bank in the world is way more anti-bitcoin than CZ. They are the real opposition, real foes of Bitcoin. Governments, media, banks have been lying to you for years, decades, even centuries but CZ is to blame, right? In fact, they're trying to make you believe CZ is guilty in all the deadly sins to distract your attention from their own crimes.

ALL this battle and hate against binance and CZ are really not necessarily to be honest, the man CZ has built a business, and it is his right to promote/hype his business in what ever way he deems it fit, as long as it is within the legal framework, as individuals, it is up to us to buy in on his hype of just ignore..

Anyone who feels CZ is not doing things right, or as it should, then get up, build your own crypto exchange and get it to become as big as binance, then do in your right way, those things you feel CZ is doing wrong.

In the last mempool clog, Binance wasn't the only exchange that halted bitcoin withdrawal on the main chain, several hundred of exchanges also did same, even down to the smallest of exchanges, why has that if Binance become a problem? If CZ asked customers to use the tokenized version of bitcoin on binance smart chain, that does not make him an anti-bitcoin for christ sake, it's just a suggestion which as individuals again, we can take or leave, he never made it mandatory for customers to use the tokenized version of bitcoin on BSC, all this accusations are baseless without evidences..

Only the person wearing the shoe knows where it pinches, you never can know what the man is going through to keep binance running until you try to build the next binance - lets learn to celebrate good people rather than hate them, CZ has not been convicted of any crime, and until he is convicted, he remains one of the few in my good book.

I didn't follow the Celsius story actively but from the little I read at that time, it was all pains and sad stories from people who were victims. Every true Bitcoin believer should be glad that justice has been served. Although I doubt if the victims will get their money back , they will be happy that the person who caused them so much pain and suffering is not walking free and will face the full wrath of the law. I think that Celsius CEO Alex Mashinsky shouldn't be the only arrested because he didn't work alone. His other executives should also be arrested so that they can all face the music

And I say this with all boldness that  the long arm of the law will catch up with other Celsius like organizations very soon.

There's no individual that didn't have a dark side but I honestly don't want CZ to arrest and I guess it's because of how he give to charity and also into something new into CEX.
I said this because 97% of all crypto project (including CEX) that was in existence since 2018 was guilty of false and misleading activities. I could remember in the year 2017 when most CEXs provide false market caps and trading volumes and from what I read the US SEC arrested  Alex Mashinsky due to a complaint from almost the inception of Celsius in 2018 and their earn interest program.

Yeah, i have heard about it, and some people said the same thing about the exchanges that have collapsed before, so if you believe in this, i'm sorry there's nothing else i can tell you. No exchange is not too big to fail, not even Binance.
What you should share with your trading peer is just your name and account number, that is not enough to lose your privacy in my honest opnion, if you lose your privacy that way, you have lost your privacy for every incoming transaction into your bank account, because that is the information you must provide to receive funds into your account. This is different from submitting kyc on Binance where you may be required to provide so many info about yourself including your ID card, passport, selfie photo, etc, and they can request for additional data at anytime, and the worst part is this data can be leaked to the dark web anytime or be shipped to blockchain analysis companies or the government, that's how to lose privacy.

AFAIK, He is pertaining to CZ being anti-bitcoin and not Binance particularly since Binance can become Bitcoin friendly exchange if the owner is Bitcoin friendly itself. I understand the hate on CZ because I think the same way. CZ is full of lies and using social media including his sock puppet influencers to hype his exchange and to mind condition people to only believe with them. CZ is full of lies and self interest, Binance keep changing HQ location because they doesn't want to be fully regulate since they are hiding dirt on their exchange.

Post below is Stompix PoV to CZ.

I agree with your statements, the CZ is not yet been proven guilty for his wrongdoings and all those allegations are useless if they can't show the true evidence that could prove that CZ has really done those fishy activities. The platform basically the Binance exchange has been helping a lot of crypto users, and even newbies can use that exchange whiteout any difficulty. 

I will not say that Binance is behind the growth of Bitcoin, but we still can't underestimate the role it has played for the crypto world. I'm not really sure that all those allegations against CZ are right or not, but I also believe that the guy is a Bitcoin enthusiast and a very sharp minded business man. I'm not going to favor him in anyway, but I can surely say that the Binance is a pretty useful platform for many users as of now.

Well, good you said it yourself, "you are only a criminal if you get caught", so let's wait until CZ get caught before we declare him a criminal, for now, he is just like any of us, a crypto enthusiasts doing his part in promoting the industry as well as adoption through his chains of crypto focused businesses..

Like it or not, crypto through binance (CZ) have helped hundreds of people, if not thousands, make their first ever million dollars, and still, the man and the company still going strong, though not without challenges, which is a normal thing for any business that has become big with customers worldwide.

Unlike these guys, CZ is not a criminal. He didn't steal anyone's money and run away with it. All he did, he refused to ban Russian users when the US requested it. He immediately got some ridiculous claims of breaking some rules in the US. But you know what? Binance can close the US business completely and still survive it. Have you heard about "too big to fail"?

They have also got fined for staggering $4.7 billion USD. This is a big fine lol.

when CZ?  Bro why do we even want the biggest Crypto exchange to collapse? What it has done wrong to you? I mean it is a great platform for beginners to buy their first Crypto.
Collapse of Binance will remove the whole trust of Crypto and I don't understand why you want that to happen. Million dollars are being invested by Mining companies and other ventures into crypto, Web3 is growing and here some people on this forum just want Binance to shut down. Crazy.

In p2p trading, bank transfers are involved. Unless you share your bank details to the buyer, he won't be able to transfer the fund. And the moment you provide your bank details, your privacy is gone. So in DEX environment, P2P trading has no privacy. Personally, I will prefer to receive funds from someone verified by the exchange rather than someone random over the internet. DEX is good for coin swapping or other stuffs, not for P2P for sure!


Just one reaction - 

Very true indeed! They all are known for their scams and still no body is going to do anything against them. They are enjoying their lives even after destroying the lives of many innocent users which invested their money into those shady businesses.

Tera Luna was the worst disaster of the year and that dam thing caused huge liquidations within a week only. Do Kwon should be charged with so sanctions but still no good action against that culprit. The system is known to punish poor people only and the ones with huge sums of black money will never be punished.

Because he's the most anti-bitcoin person with some kind of power in the Cryto universe.
Because he is lying continuously about his license, about his #safu fund, about everything he can, he will lie he is fleeing a country and threating journalists with lawsuits right on his plane.
Because he is doing everything he can to hurt Bitcoin, by asking for higher fees for segwit, for asking enormous fees for the real chain, for promoting his own tokenized version, for not thinking a second before doing anything to hurt it, like the bullshit about halting withdrawals during the last mempool clog, like saying they should rewrite the chain to get hi stolen funds back, everything!


BS!. Everywhere you go there is an alternative to Binance, Bitcoin did great even in 2017 when Binance was just launched so let's stop praising this pos!


No, it was not!


They ignored subpoenas in the bankrupcies case, now it's up to an investigation into that, they think that outside US jurisdiction and US extradition treaty, there is a safe haven, and they are far more likely to end up in prison when the wheels start moving than even SBF.
I'm a little concerned about them because unlike the others they are not only scammers but also stupid ones!

Do you mean trading in general? As far as I'm aware, CEX is not really the only option for P2P. If you're referring to Binance P2P and something similar, I guess they do offer some convenience but it is not a deal breaker if a user is looking for a P2P transaction. There are other ways to make sure you don't get scammed such as using a multi-sig wallet as an escrow and so on. CMIIW.

I won't be surprised if they charge him with similar issues like inappropriate funds management and so on. The unfortunate news is that they have to 'wait' for the company to go bankrupt before giving any charge. Do they have no data before? It would be cool if any abuse is prevented for the users imo.

All scammers!
And to be honest, none of these people are in prison yet. Do Kwon and SBF are vacationing in good homes and if they start talking we will learn a lot of interesting facts about fraud and bribery, so these cases will last a very long time until they are forgotten.

Woah there. So you're just going to let Su Zhu and Kyle Davies walk away? 

I believe that was partly a joke, but you cannot rule it out from happening. Before ftx, Celsius and Luna Collapsed, was there any reason to arrest sbf, Alex Mashinsky and Do Kwon? That was because their shady activities were hidden and it only became exposed when their platform bit the dust.
Ftx was also a big exchange doing the same thing, before it was discovered that sbf was misappropriating the funds of his customers. BTC will be accessible with or without Binance; though i am not saying that cz is going to be arrested, neither am i saying that Binance is going to collapse, but it is clear that cz does too many shady stuffs and maybe it might get him and Binance in trouble someday, and people who keep their funds in Binance should better be prepared.
Yes, users prefer centralized exchanges because of liquidity, 'convenience' and faster tx process, that's why they don't mind passing kyc on anti-privacy cex platforms, but it does not guarantee that funds are safu because they can be confiscated by the exchange because they have the keys. A good decentralized exchange like Bisq may not give users the advantages i just mentioned, but it gives them control, security and privacy.

Do you really want CZ to get arrested? For what??

If the cryptocurrency is easily accessible in many parts of the world, is because of Binance. I don't know any other crypto exchange in the world who had done such a good job in making cryptocurrency easily available to a large portion of the population. Is this his crime?

Decentralized vs centralized debate doesn't always work when it comes to ground reality. Cryptocurrency is a complex stuff and still a huge amount of crypto users are not very comfortable in using DEX. Also in P2P trade, users prefer to use CEX because of the KYC requirements and verifications involved in the process.

Now sure why you want CZ to get arrested!