The Celsius episode – What this analyst thinks about what happened

ambcrypto.com:

Questions continue to be asked of Celsius since it abruptly froze user accounts. With the crypto-winter in full swing, account holders are left in anguish over their holdings. Meanwhile, one analyst is in the news after he shared another thread about the “alleged” attack on Celsius.

Plan C is in the news today after he shared a new thread about the alleged attack on Celsius. In the first edition, the analyst alleged that FTX and Alameda Research conspired to trigger the demise of Celsius. The thread in question claimed that these proponents held strong grudges with Celsius. Why? Well, because Celsius’s CEO Mashinsky decided to exit early from its Terra holdings. On the contrary, FTX and Alameda held on and lost millions in the process.

In the second edition, Plan C cited Cory Klippsten, Mike Alfred, and even 3AC for conspiring against Celsius. The analyst expanded on how Swan Bitcoin CEO Cory Klippsten fueled fear around Celsius after Terra’s crash. Klippsten posted “100s of very negative tweets” to create negativity and fear about Celsius. He also benefitted financially from this fear as a “flood of customers left Celsius and signed up for his business,” Plan C claimed.

— Plan©️ (@TheRealPlanC) June 18, 2022

In fact, according to the analyst, Mike Alfred started spreading rumours of insolvency “with no evidence.” He even referred to Celsius as a “Ponzi on the brink (of collapse).” Plan C alleged that Alfred and Klippsten