Celsius wins Court approval for Celsius Customer attracts flare token airdrop so It's just for the flare token airdrop so Basically what flare token is it was an Airdrop that was given to xrp Holders I Believe the snapshot was carried out Um in 2012 December of 2020 and we love Airdrops they're good nonetheless primarily What occurred is plenty of individuals decided To keep their xrp on centralized Exchanges and what people don't Understand is is you're holding a Cryptocurrency on a centralized commerce You won't qualify for the airdrop Because that centralized commerce will Actually take it for you nonetheless Celsius did Honor the airdrop and gave the patrons Their flare token nonetheless they weren't prepared To withdraw it because of it wasn't truly Anything to withdraw I don't assume I purchased It Um so yeah I'm excited hopefully I get My flare airdrop nonetheless um it's allowed They're allowing the court docket docket is allowing Them to go ahead and take away their flare Airdrop the one issue that's horrible About that's we're presently down Approximately 76.6 consistent with coin Gecko I really feel from 15 cents and now We're shopping for and promoting at two cents so who's conscious of What Flair shall be shopping for and promoting at when People lastly are able to take away their Funds Jen would you want to take this
Sure I'll take it quickly after which I'll Pass it off to will so I actually like listening to That prospects are going to get a couple of of Their funds once more I merely marvel how this Is actually going to play out in numerous News as soon as extra I think about this was revealed This morning or yesterday Celsius says They're trying to develop to be a publicly Traded restoration Corporation so beneath This plan collectors Um would get a couple of of their property once more I Think in case you occur to keep up a sure amount of Assets you get this like IOU token That's referred to as an asset share token that Would replicate the value of uh the amount Of property you have on the commerce and You would possibly each keep on to that or promote It on the open market sooner than we go it To will Wendy I must ask you I do know You have some funds locked on Celsius Does that sound like an awesome plan to you Would you're taking this IOU token and buy Into this restoration plan To be honest I'm form of seeing how They're shedding money along with your total Lawsuit and what they've carried out to Customers along with myself I'll take What I can get like I'm used to the outdated School days in crypto the place you enable Your crypto on an commerce it goes down And you get fully nothing once more so If I get like a third once more 50 once more or Whatever it is I shall be fully completely happy nonetheless as soon as extra I'm not banking or counting on it I merely
Hope the strategy is completed and over with So I can go ahead and Save some money on my crypto taxes this Year I don't know Now the issue that's most fascinating to Me is that we merely realized that windy is Actually an xrp bag holder did not Expect that this morning though probably I Should have had because of Voyager driving Celsius and now xrp I Don't perceive it's only a bit scary There Wendy there's a few points That means I really traded to amass a Bag of 1 factor that I merely keep on to And I private it free and clear so if it Goes to zero grade if it goes to the Moon yay I make money nonetheless that's what I Like to do I've pretty somewhat little bit of moon Bags of random points scattered all through The place so Gotta do it man gotta do it Respect respect the moon bag uh the few Interesting Parts about this new Information is and there's a scant like Information about that's fascinating Here truly uh because of they're solely Doing the airdrop issue which is notable Like positive in case you occur to do use uh a centralized Exchange as like your foremost pockets Then you're going to miss out on airdrop So that's notable that they are allowing That and the trustees are allowing that They're moreover allowing anyone who gave Money to the platform after Celsius
Declared chapter to have the flexibility to Recover these funds so in case you occur to're an Unlucky soul Who's unlikely on crypto Twitter we're unlikely paying Attention to your emails from Celsius And you deposited money in Celsius you Are truly going to have the flexibility to get that Money once more somewhat bit bit quicker nonetheless so Far it doesn't appear to be there's fairly a bit Of particulars concerning the collectors or The trustees truly working in path of a Solution for the normal or the nominal Customer on Celsius which we're nonetheless Waiting for and type of similar to the ultimate Conversation we had about all these Claims to fully completely different defunct crypto Exchanges and lending platforms these Things take a while and that's why we See markets booting up the place you probably can Train commerce your possession stake for Assets for pennies on the buck probably Get a few recoveries once more in case you occur to're not Willing to attend the years it takes for These points to happen it's good to see Some points happen nonetheless truly it's going To take pretty a while Zach I must Throw a story as a lot as you though and get Your concepts on the token facet that Celsius could launch one different token in Order to facilitate giving a refund to Creditors Yeah didn't bitfinex do that they issued A token I neglect the determine of it Um and that was the mechanism the Leo
Token that's correct that was a that was a Mechanism by which to make uh People total I indicate I really feel it's Something that's been banded about I Don't know I indicate it might happen it might Not I really feel it should most likely wind its Way by way of the courts all I do know is I'm Willing to buy Wendy's chapter declare I purchased to get on this scorching Market certainly not Done this sooner than that's gonna be a Learning experience for me we'll price It out and we'll see what the restoration Ultimately ends up being Wendy's Moon Years from now that's what That's that's what I'm interested by The streets for the time being I'm from the street so let's buy some Claims no you're for the streets for the time being Okay thanks Yeah dang it sorry workforce undoubtedly not Cool all correct Um remember I really feel the flare token Waiting two years I remember I remember When it was first launched that this Airdrop was happening it was a December 2020 snapshot and it took two years to Drop that's crazy anyway quite a bit elapses In that time in crypto notably nonetheless Okay for the streets don't you neglect