{"id":23685,"date":"2022-08-23T07:39:41","date_gmt":"2022-08-23T07:39:41","guid":{"rendered":"https:\/\/davidgerard.co.uk\/blockchain\/?p=23685"},"modified":"2022-08-23T07:39:41","modified_gmt":"2022-08-23T07:39:41","slug":"crypto-collapse-3ac-yacht-much-wow-back-on-the-market-celsius-maybe-ponzi-voyager-pays-off-the-boys-hodlnaut","status":"publish","type":"post","link":"https:\/\/davidgerard.co.uk\/blockchain\/2022\/08\/23\/crypto-collapse-3ac-yacht-much-wow-back-on-the-market-celsius-maybe-ponzi-voyager-pays-off-the-boys-hodlnaut\/","title":{"rendered":"Crypto collapse: 3AC yacht \u2018Much Wow\u2019 back on the market, Celsius maybe-Ponzi, Voyager pays off the boys, Hodlnaut"},"content":{"rendered":"<p>Amy Castor and I have our latest dispatches from the burning empire, this time over at her blog. [<a href=\"https:\/\/amycastor.com\/2022\/08\/23\/crypto-collapse-3ac-yacht-much-wow-back-on-the-market-celsius-maybe-ponzi-voyager-pays-off-the-boys-hodlnaut\/\"><em>Amy Castor<\/em><\/a>]<\/p>\n<p>In this update:<\/p>\n<ul>\n<li>Toot toot, I&#8217;m a boat: 3AC&#8217;s yacht, Intelligencer on Zhu and Davies, and how much 3AC are to blame for all of this. (Somewhat, but all their customers were greedy fools too.)<\/li>\n<li>Voyager wants to pay remarkable sums to existing employees, just &#8216;cos they&#8217;re nice, and certainly not to shut them up.<\/li>\n<li>Celsius is in a hole, and wants to keep mining.<\/li>\n<li>The US Trustee seems to think Alex Mashinsky can&#8217;t be trusted!<\/li>\n<li>Did Celsius literally do a Ponzi scheme when it paid investors more in returns than was actually being generated in yield?<\/li>\n<li>Hodlnaut finally applies for creditor protection.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/davidgerard.co.uk\/blockchain\/2022\/08\/23\/crypto-collapse-3ac-yacht-much-wow-back-on-the-market-celsius-maybe-ponzi-voyager-pays-off-the-boys-hodlnaut\/much-wow\/\" rel=\"attachment wp-att-23686\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-23686\" src=\"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2022\/08\/much-wow.png\" alt=\"\" width=\"510\" height=\"315\" srcset=\"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2022\/08\/much-wow.png 680w, https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2022\/08\/much-wow-300x185.png 300w, https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2022\/08\/much-wow-348x215.png 348w\" sizes=\"auto, (max-width: 510px) 100vw, 510px\" \/><\/a><\/p>\n<br><br><div align=\"center\"><p><a href=\"https:\/\/www.patreon.com\/bePatron?u=8420236\"><img src=\"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2021\/10\/become_a_patron_button.svg\" alt=\"Become a Patron!\" title=\"Become a Patron!\" width=217 height=51><\/a><br><p style=\"align:center;\" class=\"patreon-badge\"><i>Your subscriptions keep this site going. <a href=\"https:\/\/www.patreon.com\/bePatron?u=8420236\">Sign up today!<\/a><\/i><\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>Toot toot, I&#8217;m a boat.<\/p>\n","protected":false},"author":1,"featured_media":23686,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[460,6],"class_list":["post-23685","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorised","tag-amy-castor","tag-links"],"jetpack_featured_media_url":"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2022\/08\/much-wow.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/23685","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/comments?post=23685"}],"version-history":[{"count":2,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/23685\/revisions"}],"predecessor-version":[{"id":23688,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/23685\/revisions\/23688"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/media\/23686"}],"wp:attachment":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/media?parent=23685"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/categories?post=23685"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/tags?post=23685"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}