Simon Dixon Loses $8.8 Million Value Of Bitcoin On Celsius Community


  • Simon Dixon tweeted that Celsius Community stole $8.8 million value of Bitcoin from him.
  • He additionally talked about the involvement of Alex Mashinski within the theft.
  • Many traders have submitted their experiences and feedback concerning this incident.

Simon Dixon, CEO and co-founder of on-line funding platform, shared a thread on his official Twitter account through which he stated that liquidity-starved cryptocurrency lending platform, Celsius Community, has been criticized for its lengthy historical past. claimed to have acquired 289 bitcoins value $8.8 million. Mortgage functions that haven’t even been authorized.

On February twenty fifth, Dixon tweeted, “The Celsius gap is deeper than we expect.”

Notably, whereas presenting the large losses he suffered, Dixon stated that fairly than calling it “wrongful administration,” just like these carried out by SBF, the previous CEO of cryptocurrency firm FTX, It’s that I commented that I needed to deal with it as “embezzlement” of

Apparently, crypto investor Renato agreed With Dixon, I’ve one suggestion. he stated:

Simon I agree with you. There is just one small grammatical error. The phrase “mismanagement” needs to be changed with “theft”.

one other thread, He added that the day he misplaced his father, “Celsi ripped $8.8 million in bitcoin out of his account.” He stated it was just like the quantity he withdrew earlier than suspending one other $10 million.

See also  Analysts Share Listing Of 5 Altcoins To Watch In March

Moreover, he states that Mishinsky additionally deceived him, stating:

Three days later, I used to be on the telephone with Alex Mashinski, making an attempt to assist him save his firm, with no clue that he had rigged me.

Following Dixon’s tweets, and even earlier than his revelations, many cryptocurrency traders got here ahead concerning the “theft” they skilled from the Celsius community.


Please enter your comment!
Please enter your name here

Share post:




More like this

Funny Underwear for Women: Adding a Touch of Playfulness to Your Lingerie Collection

Gone are the days when lingerie was only meant...

MultiversX Labs Broadcasts First Tremendous App xPortal to Ship Distinctive Web3 and Metaverse Experiences

At a turning level within the improvement of digital...

Coinbase is including one other layer to its enterprise by the blockchain area

To get cryptorace's roundup of the largest and most...

Derivatives Information Spotlight Constructive Sentiment and Confidence for Additional Ups amongst Crypto Merchants

The latest weak point within the cryptocurrency market did...