{"id":24044,"date":"2022-10-27T18:36:57","date_gmt":"2022-10-27T18:36:57","guid":{"rendered":"https:\/\/davidgerard.co.uk\/blockchain\/?p=24044"},"modified":"2022-10-27T18:36:58","modified_gmt":"2022-10-27T18:36:58","slug":"crypto-collapse-bitcoin-stagnant-selling-celsius-and-voyager-how-3ac-died","status":"publish","type":"post","link":"https:\/\/davidgerard.co.uk\/blockchain\/2022\/10\/27\/crypto-collapse-bitcoin-stagnant-selling-celsius-and-voyager-how-3ac-died\/","title":{"rendered":"Crypto collapse: Bitcoin stagnant, selling Celsius and Voyager, how 3AC died"},"content":{"rendered":"<p>It&#8217;s Amy&#8217;s turn, so this update&#8217;s over on her blog. [<i><a href=\"https:\/\/amycastor.com\/2022\/10\/27\/crypto-collapse-bitcoin-stagnant-selling-celsius-and-voyager-how-3ac-died\/\">Amy Castor<\/a><\/i>]<\/p>\n<p>Covered in this update:<\/p>\n<ul>\n<li>Why is the price of bitcoin stuck?<\/li>\n<li>Celsius bidding process starts<\/li>\n<li>The examiner in Celsius could blow up the whole process, if (if!) Celsius turns out to have been Enron but on the blockchain<\/li>\n<li>Who owns crypto in law? Your keys, whose coins?<\/li>\n<li>Celsius equity holders can still just bugger off<\/li>\n<li>The SEC wants more time to object to discharge of Celsius&#8217; debts<\/li>\n<li>Voyager proceeds towards selling itself to FTX US<\/li>\n<li>New York wants to investigate Voyager<\/li>\n<li>How 3AC screwed Voyager over<\/li>\n<\/ul>\n<p>\u201cI kept up the bluff, hoping that I might eventually hit upon some workable plan to pay all my creditors in full.\u201d<br \/>\n\u2014 Charles Ponzi, <em>The Rise of Mr. Ponzi<\/em><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/davidgerard.co.uk\/blockchain\/2022\/10\/27\/crypto-collapse-bitcoin-stagnant-selling-celsius-and-voyager-how-3ac-died\/stalking-horse\/\" rel=\"attachment wp-att-24045\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-24045\" src=\"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2022\/10\/stalking-horse.jpg\" alt=\"\" width=\"510\" height=\"315\" srcset=\"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2022\/10\/stalking-horse.jpg 680w, https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2022\/10\/stalking-horse-300x185.jpg 300w, https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2022\/10\/stalking-horse-348x215.jpg 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>\u201cI kept up the bluff, hoping that I might eventually hit upon some workable plan to pay all my creditors in full.\u201d<br \/>\n\u2014 Charles Ponzi<\/p>\n","protected":false},"author":1,"featured_media":24045,"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":[3016,460,21,916,2697],"class_list":["post-24044","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorised","tag-3ac","tag-amy-castor","tag-bitcoin","tag-celsius","tag-voyager-digital"],"jetpack_featured_media_url":"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2022\/10\/stalking-horse.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/24044","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=24044"}],"version-history":[{"count":2,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/24044\/revisions"}],"predecessor-version":[{"id":24047,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/24044\/revisions\/24047"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/media\/24045"}],"wp:attachment":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/media?parent=24044"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/categories?post=24044"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/tags?post=24044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}