Read Simon Dixon's Declaration Describing All The Behind The Scenes Events That He Could Not Share Until Now...
In Conjunction With Bnk To The Future's Substantial Contribution Filing
Step 1: Read Simon Dixon's Declaration
Read what really happened at Celsius from Simon Dixon's perspective under perjury of court, starting with the Celsius series A funding round, the entire Celsius chapter 11 and the current confirmation hearing & exit.
Declaration filing includes:
✅ Declaration of all events relating to Bnk To The Future & Simon Dixon Substantial Contribution to the Celsius estate & creditors.
✅ Bnk To The Future November 21st 2022 Reorg bid evidence.
✅ Substantial Contribution Survey Results evidence.
Amended Substantial Contribution filing:
✅ Clarified out-of-pocket fees that Bnk To The Future are NOT requesting related to our Reorg & OWD bids.
✅ Bnk To The Future December 12th 2022 OWD bid evidence.
✅ Bnk To The Future Plan Consultation Agreement evidence.
Step 2: Watch Simon Dixon's Video On Everything You Need To Know About The Celsius Chapter 11 Substantial Contribution Motions
Step 3: Read what other creditors say about Simon Dixon & Bnk To The Future Contribution
From your perspective as a creditor, can you describe how Simon Dixon's contributions positively benefited the Estate and the interested parties in the Celsius Chapter 11 bankruptcy case?
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Name Available To Court From helping me understand how to vote on distribution of whatever options I had from equity steaks to crypto |
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Name Available To Court His accurate reporting and simple explanation of what is happening has benefitted me personally, as otherwise I would not have any understanding of what was happening. Previous Celsius management engaged in so much mis-representation. I incorrectly *deposited* my savings with Celsius on the understanding that it was an FCA approved crypto bank (and being British this would mean that my deposit would be legally protected by the government). Immediately after Celsius filed for Chapter 11 there were many, many people peddling false information trying to further get money from me. A notable example was the CEL "short squeeze", an attempt at market manipulation that was touted as a way to "save Celsius" (and hence potentially save my savings from being destroyed). Early on I reached out to several lawyers, but didn't know what I was doing, as I am completely inexperienced in this complex field. I had just deposited my savings in what looked like a safe "crypto bank" because I moved to work as a missionary in a developing country in Africa, and was not ready at all for the total disaster and complexity that erupted in 2022, nor the loss of my savings. Simon Dixon's continual provision of information helped me understand the Chapter 11 process, and not fall into despair. It was thanks to him that I stopped my conversations with lawyers, as his videos, Twitter spaces and provision of accurate information gave me confidence that the "best was being done" and that I shouldn't waste any more of my own money on my own counsel. This information also kept me—now as a creditor—continually engaging with the Chapter 11 process, and for this reason I engaged in the voting process and voted for the restructuring Plan in September. If Simon Dixon had not been providing information for the past year, then I would not have engaged in the vote, or I would have just voted against the Plan in protest at the lack of clarity. |
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Name Available To Court I think Simon Dixon was hugely positive in keeping most people well informed and forcing the corporate and wealthy interests to pay attention and in some cases acquiesce to the large group of creditors. I think Simon helped us avoid being treated even worse than we were. |
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Name Available To Court I am a religious person, I believe in God and I believe that nothing happens randomly. Everyone has his own purpose, even if it's small and invisible. I believe from the bottom of my heart that Simon is Godsend to help the victims of the monster Mashinsky. Hope he faces his justice when the time comes. To me, Simon Dixon is Moses that took his people out of 210 years of slavery to liberty. I see two stark similarities between Simon and Moses. * Simon's humbleness. Moses was the most humble person that ever lived on Earth. Never through this whole process Simon showed that his own interest were above other people's interests. * Another very strong similarity is that even though Moses always wanted the best for his people, and even took upon himself to argue with God Himself on behalf of his people, the people never fully understood and supported him, to the point that he was ready to give up several times. But thank God he didn't. Neither did Simon Dixon. There are still people, though much less in number, that believe Simon to be a conman and the monster Mashinsky to be a good guy. "There's no prophet in his town", right? Regardless of the outcome of this terrible ordeal, I will always be grateful to Simon Dixon for what he tried to do and did to this community that is hurting so much after being robbed in the daylight. |
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Name Available To Court Information Dissemination: Simon Dixon's detailed YouTube videos provided clear and comprehensible explanations of the Chapter 11 process, which helped disseminate essential information to all interested parties, including creditors, shareholders, and other stakeholders. This improved transparency and understanding of the case. Reduced Confusion: The bankruptcy process can be incredibly complex and overwhelming, especially for those not familiar with it. Simon Dixon's efforts in simplifying and explaining the proceedings in plain English reduced confusion among creditors and other interested parties, enabling them to make more informed decisions. Empowerment of Creditors: By offering insights into the case and its implications, Simon Dixon empowered creditors to take proactive steps to protect their interests. This might include filing claims, participating in meetings, or exploring potential outcomes, ultimately strengthening the position of creditors in the bankruptcy proceedings. Community Support: Simon Dixon's engagement with the Celsius community and his willingness to share knowledge fostered a sense of community support among creditors and interested parties. This support can be invaluable during challenging times, helping individuals navigate the uncertainties of bankruptcy. Improved Communication: Effective communication is critical in bankruptcy cases. Simon Dixon's videos facilitated better communication by explaining legal jargon and complex concepts in accessible language, enabling stakeholders to engage more effectively with the legal process. Enhanced Trust: His transparent and informative approach likely enhanced trust among the interested parties in the bankruptcy case. When stakeholders have access to clear and unbiased information, it builds trust in the process and the individuals involved. Global Reach: As many Celsius users and creditors are likely spread across the globe, Simon Dixon's use of plain English in his videos made the information accessible to a wider international audience, ensuring that non-US creditors were equally informed and engaged. In summary, Simon Dixon's contributions positively benefited the Celsius Chapter 11 bankruptcy case by improving transparency, reducing confusion, empowering creditors, fostering community support, enhancing communication, building trust, and ensuring global accessibility to critical information. These contributions ultimately played a pivotal role in creating a more informed and engaged group of interested parties, leading to a more constructive and efficient bankruptcy process. |
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Name Available To Court facilitating and negotiating with all counter parties involved. As reflected in the final vote, majority of the Creditors used Simon's video to make their decisions is really the only person who was influential in getting the most out of the Estate without further delays, which already drained millions of Creditor's assets. |
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Name Available To Court To the creditors, he’s been a constant source of information on process, stakeholders (and their respective agendas) and best path forward; to the Debtor, he’s helped bridge a fractured community and help optimize the existing bids in place; finally to all parties involved, he has been bringing transparency and accountability during an traumatic event created by the lack of both. |
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Name Available To Court I know he has our best interests at heart and trust him completely. |
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Name Available To Court I observed early on the involvement of Simon Dixon in the Celsius bankruptcy process. I followed him on Twitter right away, watched several of his YouTube videos and listened in on Twitter spaces during the beginning of the process. Everything was so confusing and discouraging in the beginning - I really enjoyed listening to Simon Dixon explain what happened in the other Bitfinex case he was involved with and how that was resolved with a very positive outcome. This gave me hope and I was glad to have Dixon advocating on behalf of the creditors. I will also note that I have a busy CPA business so after the initial couple of months, although I did read most of Simon's Twitter posts, I didn't spend as much time in the spaces. I relied mainly on Aaron Bennet's summaries of the ongoing happenings in the Celsius case. |
Name Available To Court I observed early on the involvement of Simon Dixon in the Celsius bankruptcy process. I followed him on Twitter right away, watched several of his YouTube videos and listened in on Twitter spaces during the beginning of the process. Everything was so confusing and discouraging in the beginning - I really enjoyed listening to Simon Dixon explain what happened in the other Bitfinex case he was involved with and how that was resolved with a very positive outcome. This gave me hope and I was glad to have Dixon advocating on behalf of the creditors. I will also note that I have a busy CPA business so after the initial couple of months, although I did read most of Simon's Twitter posts, I didn't spend as much time in the spaces. I relied mainly on Aaron Bennet's summaries of the ongoing happenings in the Celsius case. |
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Name Available To Court 1) The initial plan he put forward to come out of bankruptcy has essentially been adopted by both Novawulf and now Farenheit. |
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Name Available To Court We needed someone with creditability, experiance and knowledge of the entire process to help navigate the outcome with creditor representation. Simon Dixon and team provided this hope and navigated us through it with help of others in this space. |
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Name Available To Court While I cannot substantiate any direct causal impacts, I do believe Mr. Dixon's stated goal of amplifying the interests of retail creditors brought much-needed attention to that constituency amidst the noise of larger institutional voices. His calls for actions like a stalking horse auction aligned with concerns I shared around maximizing recoveries. However, as an outsider I lack the expertise or visibility to quantify his specific contributions to outcomes. I can only speak to the invaluable educational role his commentary played in my personal experience as a modest creditor attempting to follow opaque proceedings impacting my finances. |
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Name Available To Court Simon worked tirelessly to keep us all informed of what was going on, and I cannot tell you how much I personally appreciate it. Judging from the comments on Twitter and Youtube, as well as the large number of “Thank you Simon!” comments I heard during his live Twitter discussions, I know many, many others feel the same. Not only was Simon incredibly helpful and encouraging with his discussions, there was a level of empathy and professionalism he exhibited that I just did not see anywhere else. That’s not to say it didn’t exist elsewhere, but I cannot think of many examples where I saw it. Even when he was attacked, (and may I add that he was constantly being attacked by those who either thought Machinsky was a legitimate good guy or those who held large amounts of Cel token), his professionalism and empathy rarely wavered. There were a few times he got upset (he’s human, like everyone else), but he never let his anger get the best of him like so many people in this day and age seem to do. Not that I saw, anyway. He dedicated a lot of his time to help us plebs when he could have just sat back and let things run their course, because financially speaking, while he was a large creditor, the percentage of his wealth lost to Mashinky’s scam was very small. So he could've just carried on with his life and not really worried about it. But Simon’s empathy did not let that happen. Rather, he spent a lot of time and energy helping us all with his information, updates, encouragement, empathy, and professionalism. Those qualities are that of a great leader. I feel we have been incredibly blessed to have Simon in our corner. Thank you. |
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Name Available To Court Simon stepped in and filled this communication and education gap, and without this the Creditors would have understood less, trusted less, protested more, and resulted in a much more contested and adversarial, lengthy and costly Chapter 11 process. |
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Name Available To Court Simon Dixon emerged from the chaos and despair as the Winston Churchill of the Celsius existential crisis - the right man, at the right moment. To paraphrase Mr. Churchill, never have so many CeFi creditors owed so much to so few, being to Simon and his team. Simon's unique skill set, vision and impassioned appeals through objective reasoning are what led the rest of us out of the financial abyss. |
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Name Available To Court • He has raised awareness of the case and educated creditors about their rights. Many Celsius creditors were unaware of their rights or the bankruptcy process. Dixon's work has helped to inform them about their options and how to participate in the case. |
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Name Available To Court Although I did not have a large stake in the bankruptcy, I believe I owe what I'm getting back to Simon. Furthermore, I believe that we all owe Simon as a community for the sacrifice he's been putting into this entire process. So, if he can benefit monetarily from the sacrifice he has put into all of this, I can't think of anyone more worthy of it. |
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Could you provide specific instances or outcomes where you believe Simon Dixon's involvement had a beneficial impact on the Estate and the interested parties?
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Name Available To Court Hours of twitter spaces you tube and explanation. |
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Name Available To Court Calling out the short squeezers and Alex Mashinski as malicious actors looking to reduce the claims of the majority of affected depositors. I had been watching the short squeezers and truly believed that FTX was the main enemy. Not until quite late on did it become apparent that Mashinski was the main culprit and probably was one of the main profiteers' from the squeeze. I still think there was malicious actions from FTX naked shorting Cel and I hope the truth comes out eventually!!! |
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Name Available To Court —It is INSANE that BnkToTheFuture were not chosen to lead the recovery by the UCC. Immediately after voting finished for the Plan in September Michael Arrington on social media mass blocked retail creditors who had been victims of Celsius. It is so concerning the lack of professionalism and transparency from others involved. My only confidence in the Plan and NewCo moving forwrad is ONLY because Simon Dixon is involved at all. 3) Thanks to his videos and explanations I believe that lots of other people, like me, engaged in the final voting process for or against the Plan simply because Simon provided so much helpful information. |
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Name Available To Court immense amount of integrity! |
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Name Available To Court As a direct result of Simon Dixon's involvement, I found myself equipped with the knowledge and understanding necessary to make an informed decision when it came time to vote on the Novawulf plan. His contributions not only demystified the intricacies of the bankruptcy proceedings but also empowered me to actively participate in shaping the outcome by exercising my voting rights. Without his assistance in clarifying the case's details, it's possible that I, along with many other creditors, might have felt overwhelmed or uncertain about the implications of the Novawulf plan. Simon Dixon's positive impact on the bankruptcy case paved the way for my meaningful involvement in the decision-making process, ensuring that the interests of all stakeholders, including myself, were considered and represented." |
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Name Available To Court The legal process flow and terminology was difficult to follow, and therefore, left many creditors who did not hire a lawyer at a lost. Simon created multiple videos to simplify and illustrate each status to ensure all involved parties understood so that each could make its own choice and decisions. Without Simon's leadership, the grueling Chapter 11 process would certainly have fallen into the controlled hands of the Debtor's attorneys. |
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Name Available To Court His suggestions and proposals for how a new entity could come out of the bankruptcy process, in my opinion strongly influenced the outcome, and I believe has helped to ensure a plan that is fair and equitable to all creditors (given the circumstances & dire financial position of the company). Simon Dixon’s alternative proposals also had the effect of encouraging discussion and debate about within the creditor community, and therefore helped educate us creditor on options for how to resolve the Celsius bankruptcy case, as well as how to deal with the bankruptcy process itself. |
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Name Available To Court To understand the impact of Simon's contribution throughout this process, it is highlighted in his interview. My Celsius Governance Strategy Revealed | Celsius Recovery Solution | Part 3 of 5 . Starting at 43:00 minutes Watching this the first time had tears in my eyes, Simon's passion was powerful and really touched on emotions I could relate to. |
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Name Available To Court - Spending thousands of hours digesting all the information of the bankruptcy case and translating it to simple language for creditors to understand |
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Name Available To Court Specific examples such as: |
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Name Available To Court 2. reducing conflict between EARN and LOAN 3. Stalking horse option, put approach forward for best returns in lousy situation. 4. encouraged transparency by all actors - twitter spaces by WULF, Fareinheit etc. 5. brought some opportunity to raise concerns about Alex M - fraudulent behaviour by creditors. 6. enabled creditors to have hope to not be abandoned. |
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Name Available To Court 2. His involvement in the whole process led to better terms in the plan for creditors 3. He lobbied for greater creditor representation in NewCo governance 4. His active engagement with creditors via social media led to higher participation in voting and also to the support for the plan, in my view |
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Name Available To Court Even down to the voting. It was hard to understand and Simon mad everything more clear and calmed my nerves! |
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Name Available To Court My perception as an outsider is that Mr. Dixon leveraged his stated financial expertise and ongoing public commentary to repeatedly keep focus on recovery prospects for retail account holders like myself. For example, when details of the initial accepted plan emerged, he was among the most vocal in scrutinizing the terms and calling for additional competitive tension via a stalking horse auction. In my personal view, his willingness to publicly question and debate elements of proposed plans brought helpful attention to small creditor interests. However, many intricate factors shaped the outcome, so I cannot draw definitive causal links. I can only speak to my appreciation that Mr. Dixon did not shy away from voicing concerns on behalf of individual account holders like me during this opaque process. |
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Name Available To Court That, of course, is exactly how you let the bad guys win. And Simon was always there, constantly encouraging us to watch out for Chapter 11 fatigue in our own selves, and to stay focused and alert to what was going on. He reminded us constantly about it. Here is just one example: https://www.youtube.com/watch?v=tnLS6oI9K1k (starting around the 2:00 mark) |
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Name Available To Court When it became clear Celsius was refusing to put Creditors First, Simon setup various Creditor Support and Educational Channels via YouTube, Twitter X, BNK to the Future and also via SimonDixon.com, to ensure Creditor Victims had a very Loud Voice during the early bankruptcy periods where Simon predicted would Fail Creditors if we Did Not All Unite and Work Together to influence a Creditor First Recovery. Simons Bankruptcy predictions all came true throughout 2022 & 2023, but Simons advanced warnings and creditor education efforts massively helped to steer the Bankruptcy's many frustrating directions into a more acceptable outcome for All Creditor Victims. The bankruptcy predictions from Simon were instrumental in giving Creditor Victims a Loud Voice in steering a critical direction during the Auction period, which introduced the Stalking Horse method that was put into Action and dramatically increased the Recovery Value for All Creditor Victims. Then Simon again predicted further Bankruptcy Exit Plan Omissions that would adversely affect Creditor Victims during the Pre Voting Lead-up and post voting, that would see No Direct Creditor Voice on the NewCo Board of Directorship. Absolutely Every Single Minute, Hour, Day, Week, Month & Years that Simon Dixon has dedicated to supporting Creditor Victims, has also Saved Many Lives of Creditor Victims who saw no other way out off the Horrible Hell Hole and Utter Carnage to Their Life Caused by Alex Mashinsky, Zack, Krissy and All The Celsius Insiders. Simon Dixon has Greatly Reduced the Blood On Alex Mashinsky, Zack, Krissy and All The Celsius Insiders Hands!!! |
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Name Available To Court 2. Pushing & lobbying for accurate, fair representation of the average creditor and on behalf of the average creditor. 3. Working to decrease costs & risks while increasing payout to creditors (literally hundreds of millions saved due to his actions and involvement). |
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Name Available To Court 1. Countless YouTube videos to explain step by step, the Chapter 11 process, risks and pros/cons prior to key decisions. These follower by Twitter spaces to allow Q&A and deeper discussions (with expert inputs) 2. Simons ability/resources he was able to apply to read all the proposed plan materials and amendments, and interpret/summarize for the creditor community very quickly. 3. Providing expert guidance to the UCC and Debtor on how to structure the plan. |
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Name Available To Court Simon in his years of experience identified Governance as a key element in the success of a business venture. I felt this mirrored some of my life’s experiences in that , it’s clearly about worthy intention and professionalism that a company may have the best chance at success. Simon highlighted there ethics and made sure that the best possible mix of people would gather to serve the best interests. It was complicated and not for the faint of heart. Simon performed above and beyond the call with every aspect, especially with being able to say he read Everything- who else could make that claim…. Bravo Simon, and as Simon has pointed out the many people who also gave tirelessly in the process to understand and communicate in timely ways. That’s more evidence of Simon’s ability to widely collaborate and work within teams that share an infinite number of attributes and idiosyncrasies, isn’t that a wonderful thing when you find someone who is respectful of others opinions and allows for the freedom of speech…. I see that what has bubbled to the surface in this whole process is the good that all of the collaborators had at their core of being. A common thread is what is fair and what is the right thing to do even when one may be financially harmed in the decision… yes it’s good to see the notion of it’s not all about me spin out of all of the dialogue, if you read between the lines. It truly is a miracle to see all of this emerging and the evolution of another business entity rise from the ashes to go forward and Do Good Anyway… that’s what Mother Teresa said when she looked around at lack of support… Do Good Anyway… so thank you to all for gathering in what I now see A Meant To Be Moment… and I see who the Meant to Be People are… Not to be Forgotten. |
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Name Available To Court 2.) Simon's ability to summarize and explain to creditors what options we may have to fight back and save at least a portion of our investments. 3.) Simon's selfless desire to defend our interests from the multitude of Attorneys that see this travesty as a opportunity to pad their retirement holdings. |
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Name Available To Court In particular, Simon was instrumental - if not solely responsible - for uniting the different factions of Earn, Loans, Custody, CEL, etc to forego petty disagreements amongst ourselves and to see the bigger picture through a holistic framing of abundance, rather than the zero-sum gain mindset and prisoner's dilemma we human's naturally gravitate towards. Simon made a highly compelling and persuasive case for each of us to embrace the former. |
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Name Available To Court 2. He was honest and transparent, oppoiste/unlike Alex maschinsk who was a cheat. 3. From day 1 he knew what would happen( convert everything to BTC /ETH). |
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Name Available To Court (2) I believe Simon advocated for the interests of many smaller and retail investors, keeping us informed, and telling us what options we had available to us legally. This information gave us some confidence, more security and insight, into Chapter 11 proceedings that are difficult for non-legal people to understand. I would have felt disempowered, and uninformed, in these legal proceedings without Simon’s involvement and advocacy for our interests. Thank you so so so much. |
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Name Available To Court 1) his initial involvement in supporting the creditors from the very first tweeter and YouTube information 2) forcing a competitive process and maximising the value gained 3) forcing his observer role in the future. 4) detailing the process for the lay investors involved. |
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Name Available To Court Specific examples such as: - Initially all creditors who were predominantly non-high worth investors had to personally submit their own legal litigation against the company. Brought attention and supported a class act law suit which was subsequently submitted at the eleventh hour by the UCC on the creditors behalf. - Brought attention & supported the need for a `Stalking Horse` bid and subsequently saved at leat $550 million dollars in fees to creditors. Providing weekly twitter spaces/posts, multiple video series and ama`s summarising and detailing exactly what was happening and what in his opinion would concern creditors most in having a fair, transparent and recoverable solution. Literally thousands of hours of time and huge significant financial expense had to have been contributed by Simon & his team directly in this respect. |
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Name Available To Court Urgency for Fast Resolution: Simon Dixon's relentless push for urgency and a swift resolution was the most crucial factor in the case. This sense of urgency ensured that the bankruptcy proceedings progressed rapidly, reducing the overall financial strain and uncertainty for all parties involved. The faster resolution likely preserved more value for the estate and creditors. Separation of Parties: Dixon's strategic insight and contribution to the decision to separate Celsius as a company from its illegal activities with creditors was pivotal. This separation likely protected the interests of creditors and the estate, ensuring that illegal activities did not overshadow the legitimate claims of creditors. This clear distinction helped streamline the proceedings and prioritize the resolution of valid creditor claims. Simon Dixon's proactive approach and decision-making played a significant role in achieving these outcomes, ultimately benefiting the estate and the interested parties by expediting the bankruptcy process and safeguarding the legitimate interests of creditors. |
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Name Available To Court Simon using his influence to have creditor board members on the board of the newco. This will hopefully lead to more alignment of incentives between the newco and Celsius creditors. |
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Name Available To Court 2. Simon suggested suitable plans forward, read all the documents with his team and suggested needed additions to arrive to a good outcome for all involved parties. |
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Name Available To Court Personally, he seems honest and straight forward and so I assume everything done was in the effort to have a beneficial impact on the Estate and the interested parties. |
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Name Available To Court 2. Helping me to understand all 'sides' of the bankruptcy debate and the sticking points between the earn and the loan group. |
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Name Available To Court Simon using his influence to have creditor board members on the board of the newco. This will hopefully lead to more alignment of incentives between the newco and Celsius creditors. |
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Name Available To Court 2. He tried to get a seat on the UCC , but wasn't successful. 3.Bnk To The Future contributed to the bidding for a reorganization plan, partnering with SALT to handle the loan aspect, as well as all of the proper licensure required for earning yield on investments (SEC). 4. BnK to the Future also contributed an orderly wind down proposal 5. Bnk To the Future also submitted a proposal for a Stalking Horse Auction which was accepted. 6.Simon has worked tirelessly to get more creditor representation on the board, in support of the equity shareholders. 7. Simon posted several videos about the voting process, how he was voting and why. He explained the considerations step by step so people could understand and vote to get the plan accepted. He explained that if the plan was not accepted, it would prolong the chapter 11 process, tying it up with more lawsuits and further spending away the debtor estate value and potential for creditor recovery. |
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Name Available To Court The first is Simon stepping up, during a very difficult time personally, to speak publicly about Celsius' collapse and to offer their management a bona fide plan to plug the hole in the balance sheet. This simultaneous combination of informing and taking action were critical to grow exposure and marshal resources to the problem. While it later became clear the initial plan could not remediate the financial gap, Simon's effort did something powerful. It shined light that exposed to Celsius' stakeholders the management's malfeasance and the true scale of the liquidity issue. This proved vital in preserving time and asset value - hastening the Chapter 11 bankruptcy process. A second point of beneficial impact is when Simon guided the Estate toward achieving a stalking horse bidder for the company in the form of NovaWulf Digital Management. Presciently, Simon declared that would attract competitive bidders to auction. That insight and encouragement to the UCC has landed a better deal for the Celsius Estate and it's stakeholders. |
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On a scale of 1 to 10, how would you rate the degree of benefit brought about by Simon Dixon's contributions to the Estate and interested parties during the case? (1 being minimal benefit, 10 being substantial benefit)
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Can you provide concrete examples or evidence that illustrate how Simon Dixon's contributions were not only real but also had significant and demonstrable benefits for the Debtors' Estates?
Provided great clarity of the current situation in immense detail |
I’m not that intelligent |
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YouTube. |
Throughout the entire process Simon made what appeared a not understandable situation, more comprehensible. |
Twitter spaces he hosted and joined. |
Fighting for our earn claim amount. Making the process transparent |
I don't understand |
The final agreement. |
Since most Celsius creditors were likely retail investors with full-time jobs, few people could have dedicated the time which Simon Dixon contributed to keep the community informed of ongoing developments and potential solutions / outcomes. |
Pushing to exit Chapter 11, and getting proper board reps for regular creditors and not just institutions |
The plan he provided initially was the bones of the final offer |
I would say, based off of the voting, many people listen to Simmons, 7+ videos that explain everything from the initial collapse until the voting |
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Simon was everywhere to offer help advice and explain twitter twitter spaces you tube etc |
my ability to ask questions which i did during his ama s |
Understanding what exactly was occurring |
He helped rid them of the illegal entities and give a path back to legitimate business. |
His past experiences made him who he is today. |
Look at any Twitter space or Twitter AMA he did! All were unbelievably informative and professional. |
Stalking horse auction improved the plan so that users get 30-40% liquid crypto and the plan became more flexible for different classes. |
All the videos on YouTube. Twitter lives. Passing all information about documents and explaining all in a way we can understand. |
Across the entire process he has been helping us |
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Simon left full video series and breakdowns throughout the last year and a half to spread information to the people who were hurt by Celsius. |
See above |
Regret I cannot. |
Simon’s created a viable plan which although it was rejected, offered real solutions to acheive the best outcomes for creditors. With the benefit of hindsight the plan was by far the best option. |
The YouTube videos helped |
Yes |
Bidding process, helping creditors create adhoc groups and form consensus. |
Getting the loans and earn ad hoc groups to agree |
We went to a competitive bid and obtained the best results for creditors. Investigation of and commentary on Alex machynski's fraudulent activity |
I do believe his contributions were real |
The stocking horse. |
His explications of the voting options were pivotal in helping people choose how to shape their vote in a manner tailored to thier specific situations |
Simon's transparency during the entire chapter 11 process so far has been so refreshing and reassuring to me as an unsecured creditor. He has exposed every lie and misrepresentation made by the Debtors (Alex Mashinsky and co) and used hard evidence to back up what he was saying such as, reposting flat out lies made by these criminals during their Twitter spaces and weekly AMA with Celcius. Simon also disclosed how many assets such as Bitcoin etc he himself had lost with Celcius. |
He helped people unite around a common cause. It's hard to describe this any more than that. His content on his channel was often referenced by the UCC as being a source of knowledge. |
Bidding process. Without Simon’s strategy, who knows what would have happened? Simon united creditors in the ways in which nobody else could have. |
He understood at the beginning what was the best outcome for the creditors - where no one else could see it. |
Simon has partially contributed to a favourable outcome of transferring liabilities from the Estate to the insiders. That is an appropriate and proportionate punishment for them because they committed massive fraud. |
He and his team put on the first plausible recovery plan that finally we are supposed to use, by another company, but well. |
Mr. Dixon seemed to have a key understanding as to how the management and the lawyers were simply draining the creditor funds by over billing and making money from innocent creditors. |
Introduction of the stalking horse bidding process that gained substanial value for Creditors. Review and engagement of Legal advice at a personal cost help to facilitate the and provide knowledge to Creditors to allow timely completion of voting on the plan. |
I shared my User Experience skillset on twitter and during the live twitter sessions and got real feedback of Simon |
Mr. Dixon assisted tremendously with the best outcomes for creditors and mentioned the initial Stalking Horse company and how it was outbidded. |
Throughout the process, Simon always emphasized how he wants to help the creditors. Especially how he felt anger and sorrow for those that lost their life's savings. Many times I felt he was talking to me personally as I had lost my life's savings and how he was trying his best to help us recover. I wish there were many more like Simon in the financial industry. Over the years I have grown distain for advisors who work for large institutions. I would like to thank him personally for all his efforts. |
1) Prevented more creditors losing more money by getting sucked into scams and attempts to manipulate the market. The financial health of lots of these individuals who now have a stake in NewCo is important for the Estate moving forward.
2) He provided the innovating thinking for the plan.
3) He pushed to ensure that there was more representation of creditors on the NewCo board. I'm sure that he's prevented a future shareholder revolt and/or more litigation by doing this. |
98% of creditors votes yes if he had been given a board seat I would've taken all stock! |
I listened to all of the AMA's led by Simon. Many times it seemed like trying to herd cats, but concretely got to a very good vote in favor of the plan in the end. And hurries the process along. We have waited long enough. |
All his Video's on You tube prove this |
He was the first person that proposed a recovery plan based on distribution of newco shares |
Factual information was provided by him and his team. |
Simon has an understanding of digital currency far greater than MOST of us. He also walked us through the entire process, the whole time. His power point presentations gave me information I could screenshot and share with my friend that opened a Celsius Account because of me. It made it easier to communicate the knowledge to people that were not closely following the case. |
Simon was able to confirm what the new co was doing that he agreed with and why and where he thought they could do better. This helped to build trust in the new co's efforts on a go forward basis. Being informed helps reduce stress, in a stressful situation. It would have been much harder to trust the intent of the new co was in my favor vs. them bidding on a business opportunity that they could extract value from at my expense. |
More clarity around the disclosure statement |
Providing a framework for getting out of bankruptcy and recovery is an example of his contribution |
He is responsible for getting 3 observers on the board of NewCo, I doubt this would have happened without him. |
created a YouTube 7 part re-org series for foundation of what Fahrenheit eventually got approved as well as the |
He proposed the entire plan for Fahrenheit - specifically the stalking horse concept, one of which I had never heard of but now understand how important that was in creating competition to achieve the best offer, and by doing this it greatly increased each creditor's payout. How he held back on the acceptance of the Board Observer seat until he was able to have additional creditors on the board and the litigation committee. He also shared with us that continuing to fight for what we wanted would be only detrimental to the costs of the lawyers when that time came. |
Simon voiced his desire for a better resolution - including adding a stalking horse, improving deal terms, and additional board advisors - and fulfilled these commitments. |
My first encounter with Chapter 11 bankruptcy was through the Celsius case. Simon Dixon and his team have invested significant financial resources, time, and effort, far beyond what I could afford or manage myself. |
The final outcome would not have happened without Simon's input. We would have been low bid and given crumbs, we would have been raped by the lawyers [and they still took advantage of us but, without Simon, it would have been a frenzy by lawyers stealing from whats left. The Earn and Loan meeting of the minds was Simon too. Lastly, we wouldn't have gotten any creditor representation on the board. |
Simon brought a realistic but positive perspective to the dialogue. He has put the interest of the general creditors above his own. I believe it’s because he wants Bitcoin and Cryptocurrencies to succeed so he is trying to create a viable mining company that will have the best possibility of creditors being made whole. |
Simon’s drive to unite creditors, and his relentless pursuit of a fair outcome expedited the resolution that is now in place. This had significant and demonstrable benefits for the Debtor’s Estates that cannot be measured in dollars. The best measure is the overall impact he had and I think that was unparalleled. |
Made sure that we understood the deadlines and what was need to understand to make an informed decision about those deadlines |
The idea that comes to mind specifically, is that Simon Dixon offered his own strategy and plan to help mitigate the losses and restructure the company so that it had a chance to benefit everyone the most. So, I believe this would have beneficially impacted the Debtors as well. |
The videos he created outlining possible recovery plans. The video he created aimed at informing Judge Glenn and others about certain facts related to the case. The videos and twitter spaced where options were presented and possible - well certain figures related to the case were confronted and the things they were saying got put to the test. The efforts, video, twitter space, and otherwise he put into helping ensure the plan would get the best possible result for creditors, pushing for a bidding process, stalking-horse process, and arbitration of competing and conflicting creditor interests. Alerting creditors to how various creditor classes might be encouraged to enter conflicts so that other, non-creditors could win out in "game theory" ways that minimized the debtor's recovery. Pushing for a swift resolution so more creditor funds/debtor estates would remain and thus go to us instead of being eaten up by extending the bankruptcy process - a process that seems otherwise designed to burn the debtor's estate. |
n/a |
Without Simon’s input it would have been a fiasco. 1) He provided the original plan; he is the innovator 2) He spend endless hours educating creditors and if not, we would have been contacting the attorneys directly 3) He was the source of Truth, rare in this process, which helped to counterbalance an environment of “learned helplessness” suddenly inflicted on the creditors. Honestly, he may have prevented clinical depression and suicide in some of his followers. 4) Despite rejection at every turn, he continued to cheerfully, honesty, and relentlessly pursue equitable, diplomatic solutions and provide a platform that all could join to understand 5) He spent significant resources to do the right thing. 6) At the age of 58yo I lost my Roth IRA on Celsius; Alex Mashinsky said all the right things to target my demographic. I own my mistakes and will take better care of my assets moving forward. I avoided becoming a victim and have peace in my heart. Much of this has to do with Simon Dixon and the other contributors to this community. The antidote to darkness will always be light, Kindness, truth and the forces of creation will always lead to higher ground. Infused with the spirit of his father and support of God, Simon was the light that brought me, and many others, through this darkness. This inspired me…almost worth the money:) |
Yes, his videos regarding the recovery plan voting options clearly laid out each plan in terms of how much creditors were estimated to get in return over time without clear bias. |
Simon put the general retail creditors interest above his own. |
n/a |
I watched all his videos and twitter spaces. Simon has my deepest respect for all the time, energy and effort he put into that. |
Several decisions were either reversed or changed to the benefit of the small investor. |
I cannot--only what he listed in the intro was all familiar to me in a global sense. |
Unfortunately, I can't really provide concrete examples of benefits for the Debtors' Estates as, to be honest, I was really being selfish and doing the best I could to follow and understand things from my 'creditor' perspective. I did lose an awful lot of money resulting in a huge downgrade of my retirement lifestyle. A large part of my decision to retire was based on significant income from Celsius. It is difficult for me to put into words the emotions I went through when this rat's nest of a Ponzi scheme collapsed. There are times when I still have to battle those feelings of total despair but with Simon on my side there was always hope. |
No comment |
I will have to defer to others who are more intimately involved in the process. Simon was one of several influencers who keep creditors updated to what was going on with a very confusing process. I thank him for that. |
Isn't the Debtors estates the estates of the criminals that took my creditor money? He laid out a plan in the very beginning that seems to have been followed quite closely. He said he lobbied behind the scenes on behalf of creditors at his own expense. |
The aforementioned “stalking horse” plan proposed by Fahrenheit was more advantageous from an equity standpoint than the first proposed plan and Simon was instrumental in rendering an equitable agreement between to ad hoc groups from what I understand. |
I voted to approve the plan based on the actions/analysis of Mr. Dixon. I suspect thousands of other creditors did the same. |
Increase in the amount of assets that are going to be returned to me and every creditor. |
All the vidoes have useful content |
The stalking horse idea was the first time i heard of it, and definitely forced a better deal in the end. |
Has been working with everyone |
I think I cover this already. |
Honestly, this whole process has been quite traumatic/unbearable and I have stayed away from many the finer details after knowing Simon Dixon would be following the Celsius matter closely since it all began last year. |
He challenged the wording of the Disclosure Statement which led to changes that benefited Creditors. In particular, improved representation of Creditors on the Board. |
No |
The stalking horse is the best example. |
Many many instances. * His initial plan that was described in the 7 videos series. * Him insisting on the creditors representation. * Him reducing the terrible costs of this whole ordeal. And much more. |
Having involved in the negotiations on the plan and the bid process (stalking horse bid) |
The real price of the CEL token, Helping get our crypto into two lanes BTC & ETH, His ability to communicate, keeping all doors open, The Stalking Horse bid system, The New Co. Vision creating possible equity, Demanding good Governance and Representation. |
Through online gatherings, provide detailed information as to up coming court decisions where creditors could support or otherwise, those decisions such as effects of Celsius claiming ownership of what we considered having "lent". The impacts of resisting this approach. |
His last 3part series on how to vote |
i feel that he united most if not all creditors to realize that if we dont resolve the chapter 11 the way we did, we could have lost a lot more than what we agreed to do on 22nd sept. to my understanding we have also put aside a substantial amount of money to get back the rest of our monies from Mr Mashinsky and other partners in crime, i feel that simon orchestrated some of the works done by UCC and would worn everyone if any of their actions were to divert us from achieving the best result . |
his push back and honesty on the celsius token. but it was non-stop focus on the needs of those who lost and lied to that really gained my trust. |
Emails, u tube videos |
board observer will improve the governance and thus the value of equity |
I actually didn't realize i needed to vote until I saw simon dixons tweet threads. |
Detailing behaviours by Mashinsky. Explaining how to vote. |
- |
Simon's insight helped me greatly when it was time to vote for the plan. |
First draft of current bankruptcy plan. |
Sorry, no details |
In the moment when he gave a voice to loans that were triggered by Celsius rules |
the complexities were way over my head and it was good knowing someone was over the range of issues |
Through his in depth attention to details, and his neutrality to each creditor claim. |
Skip |
In the Celsius Chapter 11 bankruptcy case, Simon Dixon's clear and informative videos played a crucial role in helping creditors, including me, understand the implications of various restructuring plans, such as the Novawulf plan. Here's how it might have played out:
Increased Creditor Participation: Simon Dixon's videos gained a substantial following within the Celsius community due to their clarity and accessibility. As a result, more creditors became actively engaged in the bankruptcy proceedings, attending virtual meetings and keeping up with developments.
Informed Decision-Making: Because of Simon Dixon's explanations, you and other creditors were well-informed about the Novawulf plan's terms and how it might affect your claims. You understood the potential outcomes, risks, and benefits associated with different voting options.
Higher Voter Turnout: Thanks to the increased awareness and understanding facilitated by Simon Dixon's contributions, the Novawulf plan's voting process saw a significantly higher turnout of creditors exercising their voting rights compared to previous bankruptcy cases.
Efficient Decision-Making: The higher level of creditor participation meant that the vote on the Novawulf plan was more representative of the creditors' collective interests. This increased engagement helped streamline the decision-making process, reducing the potential for disputes and delays.
Transparent Outcome: With a substantial number of informed creditors participating in the vote, the outcome of the Novawulf plan's approval or rejection was clear, transparent, and reflective of the broader creditor consensus.
In this hypothetical scenario, Simon Dixon's contributions not only raised awareness but also facilitated informed and active creditor participation in the decision-making process. This increased engagement resulted in a more efficient, transparent, and representative outcome for the Debtors' Estates and all interested parties involved in the Celsius Chapter 11 bankruptcy case. Please note that this is a fictional scenario used to illustrate the potential benefits of Simon Dixon's involvement and may not reflect the specific details of the actual case. |
Not at this time. |
Stalking horse bid Board member push |
His participation in meetings with the different committees and groups. |
Simon recently organized a twitter space to help people work through the voting and helping them make their best decision based on their individual circumstances. I believe this had a positive impact on many peoples' piece of mind as well as a significant benefit to their bank accounts in the long run. |
Without Simon explaining the usual process involved in bankruptcy cases, I would have zero understanding. He then went on to explain how it was possible to have a different result for the benefit for all. I think the end result with an overwhelming majority voting for the NewCO plan, demonstrates his influence and hard work. |
Got significantly better terms on the bids than otherwise would have been the case. |
Simon held on-going calls on Twitter Space to explain in simple terms what options the creditors had and hosted many calls to discuss and share/solicit opinions. He collaborated with the Creditors and respected all different AdHoc groups to ensure streamlined decision can be made without infighting. |
All his videos on |
Unparalleled regular YouTube content & Spaces, constant X comments & updates |
NDA |
NA |
I have listned to his videos. He sounds very knowlagebel. |
As above |
I can only day following all the vids SD published helped me |
Always explaining the whole process, and trying to find solutions for us creditors can recuperate more investment. |
Simon is a solid dude |
The only "real" evidence I have are his videos and emails. |
Just as I have already written he has provided huge insites most people involved in this scam were trusting everyday people who were lured in By believing everything was safe most people probably wouldn’t have understood the legal impact of what they were doing and I think Simon has helped by sharing that legal frameworks of where we are now and where to go next I think he’s giving people a lot of hype in such a crap situation |
I'm not 100% sure what that means. Ha Ha. Simon is obviously experienced enough to push for the rights of those that lost money, due to Mashinsky's ethically challenged actions. Getting more board seat representation a |
Well the plan to create a community gave strength to our voice, the plan which Fahrenheit later adopted and the negotiations of the costs to execute the plan was all very much linked to Simon’s plan. |
Helping with the Stalking horse process |
During the first round of sponsor bidding, he made it a point to prioritize the well-being of the creditors. Although his company, Bank To The Future, did not win the bid, the bid details were disclosed to public by someone. He was discovered he truly made every effort to offer the best possible outcome for the creditors, as he had pledged. Since that time, he has earned my trust and wholehearted support. |
Simon Dixon kept me informed of the latest news and updates about the upcoming events and this allowed me to make informed decisions about the voting. |
Not on the debtors estates |
Simon and his team built out a plan and shared it online. This was a huge contribution when you take note onboard all the effort on his side. Funny that he out his cards down first but then others copied him. |
All evidence is on Twitter spaces and his YouTube channel. We are where we are now thanks to his commitment and expertise! I strongly believe that had the Celsius leadership at the time of the insolvency crisis in June 2022 listened to him, we would have been much sooner out of this C11 process, and millions of dollars of creditors' money would have been saved. |
By constantly trying to find tangible solutions for SOLVING existing problems even when everything seemed lost in the intricate and distorted ‘process’.. |
Same list as before with the actual output: - Stalking horse created better bids and significant savings to the Debtor - Earn Adhoc and meeting with loan - allowed the debtor to submit a plan to an unified creditor community - governance of NewCo creating 3 new board observers and therefore insuring that the Debtors Estate (which cannot really be differentiated from the shareholders aka creditors) continues to have an institutional oriented board but do not get abandoned by all its shareholders upon listing. - conversion to BTC/ETH. Legal play to get a quick acceptance from all governmental agencies without creating extra trouble.
In a broader sense, the act of educating and unifying the creditor community saved the debtors estate from staying in CH11 forever until all assets are spent on legal matters or head towards CH7 where the outcome is hardly better and the Debtor is de facto no longer existing. |
No |
Getting the first structure of a reorg in line for bidders to follow and being instrumental in getting a striking horse in play has been an instrument contribution, all the while giving ours and hours of information in the form of information on everything happening and doing hour snd hours of regular question and answer for anyone wanting to call in and ask . |
. |
Helped facilitate Farhenheit's dramatic increase in valuation in the stalking horse auction. |
Please review his Twitter, listen to the townhalls. As transparent as one could be with his level of investment, he was. |
For me the number one contribution is the plan Simon put together with his team and proposed to Mashinsky trying to help him. I just wish that plan had been approved in full. I know now Simon tried to help Mashinsky a lot with advice regarding licences. |
He was always looking for options to improve the eventual outcome for creditors - offered his company and SALT for loans as an option and willing to give up equity in his own company to make the offer so that his company and creditors views were aligned. This hope was to also get other bids to do the same - put their money up so that they have a vested interest in the outcome being success. |
Simon's refusal to accept Mashinsky's offer to join the Celsius Board of Directors benefited the Debtors Estate because it was a decision against collusion and cover up and one for those most hurt. |
I was able to make a educated decision on which way to vote that was in my personal best interests. I cannot state this enough, that I felt rather well informed by the end of the process, that I voted in confidence. |
After watching all the videos there are number of examples. I would just refer to those videos. |
Not concrete evidence, no. |
Na |
Board revisions |
Refusing to sign some ndas in order to be able communicate with creditors. Helping move the bidding process along. Getting a stalking horse bid etc |
Stalking horse. If not for Simon, there would be no stalking horse. |
I can't personally |
I think the most obvious specific example of this is going to end up being the insurance Celsius held that we're now hopefully going to be compensated from as a result of this whole bankruptcy process. |
continual effort and involvement |
Introducing a stalking horse bid. Better creditors representation at the Board of NewCo. |
his leadership in organizing all the you tubes chats twitter, spaces and to get a lot of help from very smart investors , debtors that got cough up in this Ponzi scheme to come together in one common goal to get as much back as passible and get out of chapter 11. That was no small task to do i champion his efforts and appreciate it |
I had no idea how the proses was and Simon help me understand the problems and explain us what can be best and with that we can have a better unloading It’s been so stressful but he give us great information about all the possibilities |
Uniting creditors through social media to come together and get a better answer for the community |
Unfortunately I cannot name many. I think his series of videos, and knowledge of mining business, and bankruptcy dealings experience probably helped. |
I wouldn't know how to evaluate that |
Just all the podcasts bringing on knowledgeable people to give valuable information to creditors. |
The use Social media, pod casts on twitter, videos on Youtube on a regular basis plus emails. By using social media Simon Dixon made a very significant contribution to changing the outcome and going forward to recovering funds. |
He was an aggregator. The tie that binds. |
Hi regular you tube videos , devoting his time to Twitter spaces to answer our questions, give us timely updates and more |
I'm not sure I fully understand the question, but I think my answer above would apply here as well. The YouTube videos and X Spaces we're very real and supremely helpful. |
If Simon had not come forth with his original recovery plans and conducted weekly AMAs, the cohesiveness of the creditors towards the common goal would have deteriorated significantly. There were many people spreading misinformation in attempt to protect the lies from Alex Mashinsky. Simon's personal money used to consult professionals such as lawyers, Simon's original plan that was referenced regularly throughout the process of creating the currently approved plan, and the AMAs that kept the creditors informed on a weekly basis all positively impacted the Chapter 11 process. |
no |
He has been continually updating me on the state of the bankruptcy hearing |
His participation and organization allowed every possible situation to be investigated and discussed and the input of many capable experienced people helped me to make the best decision for me because of my exposure. |
No comment |
He kept everyone involved completely up to date every step of the way, brought in lawyers for special opinions, and fought for debtor’s to be whole from start to finish |
I felt confident of his intentions because he was open, appeared honest, praised others where appropriate and had skin in the outcome. |
No, sorry. |
Outlining path forward to maximize value and to ultimately separate the Newco from its liabilities. |
I would say the biggest contribution is the way he could be diplomatic and appealed to the most people should be willing to open their minds to the best possibilities. And he does so with class and elegance. Even with being confronted with people that are personally attacking him and trying to drive him down. He stays the course, keeps his head down and has gotten the job done time and time again. |
Helped get the best bid |
Stalking horse, ALL his videos, History of trust/integrity, calling out people when they needed called out |
One can read positive comments on Mr. S. Dixon's videos and Twitter feed "thanking" him for his time and effort in this matter. |
Inserting himself as part of the board for the newco and hence speak with the true voice of the creditors of this mess |
Without Simon’s videos and Spaces, I believe we would still be going through the legal processes because there would be more objections and issues raised. Having the information laid out in front of everyone made for a more unified front where superfluous issues were tamped down, which I’m sure would have lead to more $$$ going to lawyers. |
Encouraging courts to stand down the CEO who was very destructive to Celsius. |
. |
Calling out Alex M. on Twitter Spaces. Establishing the Stalking Horse. |
Specific examples visually allowed us to learn about the process. It was well organized and structured. |
N/a |
His podcasts informing and educating the affected parties were in keeping us from giving up on any hope of getting a favourable outcome. |
Crypto knowledge |
Certainly, getting stalking horse when there might have not been one is the prime example of a benefit. Preventing wolves from just eating the carcass of the investors' capital in a too bad so sad situation will now allow me to recover 2/3's of something valued currently at 1/3 more than the freeze date with 50% being in overvalued equity in a newco that will surely not see any returns for 10 years IF it makes the next halving.s |
He quickly exposed Alex Mashinsky as the CROOK that he is, so that he could be forced out of Celsius sooner rather than later, before he can screw more things up. |
His constant engagement with the community of twitter spaces. |
I wouldn't know how other than my personal experience. |
Simon Dixon helped us see how we needed to avoid the worst outcome, a chapter 7. He brought to light how important expediency was regarding avoiding unnecessary legal fees. He highlighted the importance of newco being able to stake eth (no competitor is doing it). His oversight helped increase the amount of assets to be distributed to us. His oversight helped deter the corrupt board of directors from "getting away with murder". |
His ability to calmly get us through this process. |
Merely the fact that we now still have a chance to get some of our funds back is proof enough Simon congribuyed largely to the case |
The fact that Simon fought for the community to expedite the chapter 11 procedure and avoid moving in the direction of liquidation is one major point. The fact that Simon separated the criminal cases from the claim is a first as far as I know. The most concrete evidence can be easily identified by comparing Celsius Bankruptcy achievements with all the other cases in the market. |
I would have no idea what was going on as I could not understand all the paperwork sent from celcuis and Simon knew and explained well the things I needed to know .. good and bad |
Throughout the entire Chapter 11 process, Simon has clearly spent an incredible amount of time and effort trying to disseminate information to the creditors. I did not personally have time to listen to many of the Twitter spaces but I did observe that they were occuring. I watched almost all of Aaron Bennett's summary videos. Aaron brought up Simon's involvement and recommendations regularly in the videos. |
Throughout the entire Chapter 11 process, Simon has clearly spent an incredible amount of time and effort trying to disseminate information to the creditors. I did not personally have time to listen to many of the Twitter spaces but I did observe that they were occuring. I watched almost all of Aaron Bennett's summary videos. Aaron brought up Simon's involvement and recommendations regularly in the videos. |
A way ago, Mr Dixon made a video explaining how he would try to solve the problems and apparently the plan voted has been quite inspired from his perspectives. |
not really, lenghthy and i am not qualified to provide |
All Simons recorded content. |
Changing the board composition to have more creditors voices there. |
His YouTube channel presentations. |
Unfortunately, Simon did such a great job, I did not READ the source documents. But I trusted he did. I believe there is a Time/Date Video history of his suggestions and those changes. The answer here would require reviewing those things in sequence. |
sorry - not really sure what the "debtors estate" is unless its CEL token holders.....he seemed to respect CEL token holder claims and a reasonable method to value them |
no |
In Simon's 7 part recovery vedio he mentioned the plan will convert all coins into BTC a n d ETH. I didn't like the idea, but that is what happened with the approved recovery plan. He knows what needs to be done. |
We got a better Newco deal because of Simon’s input, especially with the bidding process and his success in making it a stocking horse auction. Simon helped figure out that Celsius had created a dual LLC structure to move money back and forth, and helped get it determined that creditors had a claim on all Celsius entities. I personally think that Newco would have tried to screw over creditors had Simon not been there to keep them honest. He created many videos and twitter spaces to explain the complexities of what was going on. He helped make sure we got the Tony toggle. |
Just look at all the indept videos , AMAs and much more. His given hundreds of hours of his time. He spoke to the creditors directly engaging on all platforms. |
Pretty sure the plan came from Simons blueprint |
Because Simon has so openly and publicly shared his opinions and strategies, many of us have been able to actually understand what is happening. Which has led to me getting a better understanding of how to vote in this case. If Simon would not have been there I would not have had a clue on what to do. It has been a very great (and expansive) education. |
As above, go to his Youtube page. Also, he maintained a positive line and reminded us how we are all in this together. 2022 was an incredibly difficult year for many of us, Simon's positivity and dedication was inspirational |
Simons voting strategy and the infomation he shared with us. |
Right from the very beginning, I know he was an honest and person of integrity. I knew he could be trusted where there were so many others that couldn’t. He helped so many of the community in so many different ways. He was a voice of calm in chaos. |
His YouTube videos and Twitter spaces. |
Every YouTube video and twitter spaces over the last 18 months |
I would point to Simon’s YouTube Playlist “Making Celsius Creditors Whole”, which provided the community with a plan to get through this Chapter 11, without which thousands would have been clueless as to what to do. This was followed with the “Celsius Recovery Solution” Series, which (although it was not advice) provided guidance during the final stages leading up to the vote. Without these, the community would’ve succumbed to infighting between the various groups. |
Simon made 4 part video explaining the voting process in plan English really helped me in my decision |
I think without Simon speaking up and speaking out so early and often as he did, it might not have been possible to organize the community and focus our effots and attention in the way that we did. Simon has been a leader since day one. And a trusted and respected voice on our behalf. Without his organzizign and animating leadership, this whole process would have been fraught with chaos and futility. |
The 7 part video series and additional Twitter Spaces. Additionally, the 5 part video series outlining voting strategy combined with further Twitter Spaces. |
NA |
This is my perspective. I am a wife and mum, I’m the main earner in our family, I like to think I invest wisely, the traditional markets have been my only choice for years, along with property. In 2021 I became interested in Bitcoin, I took a small investment, I liked it as a hedge. Celsius also struck me as interesting, I liked the fundamentals. So I transferred my hard earned Bitcoin and Eth. Bankruptcy came in 2022 and then something incredible stared to happen. Simon Dixon came along and exposed the truth, explained in detail, worked tirelessly, brought people together and gave us all hope. He has made me excited for the future of this company, transparency and trust is without doubt one of the most important elements moving forward and Simon has brought this in spades. Trad Fi customers will not invest in crypto unless they see more trust in the industry, I have a feeling this new Co may be a trailblazer in innovation and trust. I am so grateful and excited to be part of it. Thanks Simon, you have given us all hope. |
Cost reduction of lawyers fees, Stalking horse bidding that made much more competitive bidding. |
the stalking horse bid would likely not have happened without him suggesting it and pushing for it openly so that it was in the public mind and therefore more likely to happen |
? |
By creating transparency and being a vocal advocate for creditors as well as actively and repeatedly taking action to avoid expensive and unnecessary delays, Simon was able to maximize the Debtor's Estates. |
i would not have received anything back if mashinsky was still involved |
Simons - detailed explanation of what was happening throughout the process allowed creditors to be in a position to cast a vote with knowledge of what they were voting for. |
When I read the threads in Telegram chat group, everybody is talking about how Simon explained every detail of the bankruptcy case. He guided us. We were at a loss initially. But when Simon came around, it was a sigh of relief. |
Very clear what Simon is doing and I support 100% |
No comment |
Simone seven part series demonstrating what the fundamental building blocks should look like in my opinion has had the most significant impact in this case which has almost been realized by the approved plan. Similarly, the stalking horse approach has ensured that a fair and square auction took place to maximize the value of the Debtors estate. |
on the double tax, i had to pull money out of my 401k to pay taxs. i think Simon saved many lives and gave me peace of mind. to carry on and not give up |
Not concrete, but I think many people felt much less anxious because of trusting Simon as a representative for them. |
Again the stocking horse to get the best offers. Also his efforts to have creditors on the decision making teams. I also believe converting the coins to bitcoin in Ethereum was a wise move and will help the process in the long run.. I think the fact that you have so many people that support him shows how valuable Simon has been to the creditors in this whole process. He has helped restructure other similar situations and companies. |
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Simons involvement in the stalking horse assisted the debitors estate in proving the most optimal process on going forward with a plan to come out of chapter 11, has considerable beneficial impact on time, and resources for the debtors estate. |
I watched some of the early seven videos. I then watched his all his '30 min' videos but never went to Twitter, or at least went there twice and found the level of detail overwhelming, and never could spare the time anyway. |
Countless negotiations and a plan support agreement. |
I’m just a teacher and probably do not have enough knowledge to give specific details, but I follow everything. |
The work put into trying to resolve the mess while also grieving for his father's death was the moment that I felt his input would be based on helping all depositors get a chance to recover as much as possible. |
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The content Simon shared online helped creditors understand the need for an independent examiner, and importance that the results of its enquiry.
He he spoken favour of an equitable outcome for all creditors, and the importance of finding ways to combine ideas and efforts and really helped to minimise infighting amongst the creditor base. |
He encouraged mediation and working together of the various adhock groups to reach agreed terms. |
Simon created a four part series starting in August guiding us through the whole process of what would benefit me the most...again with out this series I wouldn't have any understanding of what to do. |
Ensuring that the disclosure statement was approved. Get more creditor representation on the board. |
Directing the judge to direct chapter 11 tru votation of creditori avoiding more fees for lawyers! |
his ability to take take time out and decode what the court processes were all about and what to potentially expect based on that |
Following the process from the very beginning of this process and all the informative video's, Twitter/X messages and e-mails Simon provided, showed on a daily basis how beneficial his involvement was and still is. |
It was not popular but Simon knew it was the right thing by creditors to apply pressure to the Insiders and Short squeezers early in the process. This contribution has awarded him with a high level of vindication and Integrity. |
It was not popular but Simon knew it was the right thing by creditors to apply pressure to the Insiders and Short squeezers early in the process. This contribution has awarded him with a high level of vindication and Integrity. |
I can not name one there are many small and greater examples. |
I would say Simon's thorough discussions in the videos where we were at various times in this process as it provided various aspects for me to look at under my situation. I don't have any representation in this process and appreciate someone like Simon that can help me especially for what I have in Celcius. His experience and being a creditor as well dealing with this was very helpful |
- His 7 part video series that became a blueprint for the whole bankruptcy process - His efforts to get to important settlements between different groups for the benefit of all - His efforts to get creditor board representation in the new company |
1) Provision of a comprehensive plan to come out of Chapter 11 2) Campaign to have a Stalking Horse bid for the successful Plan 3) Weekly videos and Twitter spaces AMA's that informed creditors and encouraged them to be positive 4) Consistent involvement in other videos and Twitter Spaces, providing reasoned arguments and facts about the Ch. 11 process 5) Regular summaries of Court proceedings , giving his time to listen and analyse, when many others like myself, could not find that time. |
The stalking horse suggestion, his analysis of the examiners report, his insights into the governance of NewCo |
He helped inform creditors to help us know what was happening and how we might vote. |
1. Simon's brilliant Celsius Reorg Strategy 2. Simon's Celsius Borrow & Earn Settlement Explained 3. Simon's explanation of Exiting Celsius Chapter 11 with the best outcome 4. Simon's 5 Part Series which he published from 01 September to the current date. 5. So many vital updates freely given over this period. |
"Benefits fot the Debtors' Estates?" My English is not very good, not understanding, debtors are scammer Maskinsky and friends right? |
Keeping me informed in an unbiased way during the chapter 11 process |
Fahereneith bid winning against NovaWolf |
All of the previously mentioned items plus:
Using Simons own legal and financial teams to highlight options and how each may reduce time in Chapter 11 and thus increasing the overall cost to creditors Exposed the real value of the CEL token and how it was used to manipulate (short squeeze) Celsius value Creating a community on Twitter spaces where industry experts to provide information at zero cost to creditors Exposed those who were working with Alex Mashinsky and continuing to try drain Celsius (creditors) of it's funds while in Chapter 11 |
https://twitter.com/SimonDixonTwitt/status/1640349760757309442?t=r1KcWqEDkjrPMFW3PQbXTg&s=19 https://twitter.com/SimonDixonTwitt/status/1642473647917916161?t=q4-SlzCUkDyh0nYHElwYjQ&s=19 |
He was crucial to the implementation of the staking horse process which in the end saved the estate hundreds of millions of dollars. He also provided mediation between the earn ad hoc and loan ad hoc which made it possible for the parties to settle and thus the ch11 process was not unnecessarily delayed. |
Refusal of Alex Mashinsky's invitation to join the debtors board. Acceptance of board observer in newco. Refusal to join Cel squeeze. |
Like I said. I’ve watched his videos but did not break everything done myself. I relied on Aaron Bennett on YouTube to interpret the long videos and break them down for me. I recall numerous times where he pointed out where Simon was doing the best things for us. |
He was crucial to the implementation of the staking horse process which in the end saved the estate hundreds of millions of dollars. He also provided mediation between the earn ad hoc and loan ad hoc which made it possible for the parties to settle and thus the ch11 process was not unnecessarily delayed. |
Every thing he did! |
The majority of funds in Celsius were in the Earned category which was not represented to the full extent that it should have. Simon Dixon was instrumental in changing the under representation of the earned category. |
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His prior experience in similar instances gave him the foresight to anticipate everything that did indeed unfold in the end. If it were in his hands the UCC would be in a much better position from the beginning |
Without the over cite and constant questioning the process and actions of the court the UCC and old/new Celsius and plan contributer off all parties involved. Myself and many creditors would have been lost and vulnerable to exploitation. |
preventing predatory bids from the outset |
No |
The outcome of the legal case speaks to the positive outcomes for those at loss & without his involvement & the might of his legal advisors, I believe we would not have been considered as favourably. |
He has demonstrated many times we have to exit the Chapter 11 in order to keep paying layers fees... He was the first one to proposed to migrate all the coin / tokens into BTC & ETH |
I don't think we would be getting as much as we are without Simon's contribution. Thank you, Simon, for everything. |
Going after Mashinski and the corrupt Celcius team was huge for every creditor as he worked diligently for all of us so we could get the best possible outcome. He was our voice. Without him I felt we didn't get heard |
Simply put we wrote off Celsius as a significant part of our Pension (I am 72 my wife is a little less than that) with Simon's input we have changed a massive loss into merely an asset that was not bought as well as it could have been. |
Creditors would have been crammed into Novawulf's bid without Simons input. His efforts resulted in a significantly improved recovery for creditors |
Listed above |
Through his knowledge and direct experience through the recovery of Bitfinex for example, he provided the long term, legal working framework and specific solutions at the outset to the recovery plan, which was predominantly used by Novawulf and eventually by Farenheit holdings This is detailed in first recovery video series including the transfer of all liquid holdings to Btc and Eth. Throughout the process,Simon has provided his knowledge,experience and expertise to liase & advise between all contributory or interested parties including Novawulf, Farenheit, legal representatives and Ad hoc groups.He was the go to person by all groups when it came to answering how digital assets fitted within securities and a legal financial investment Newco. |
My reference goes to all his members videos and twitter spaces and should be prof enough. He has work very hard to secure the best case possible for everybody. |
Simon's role in providing clear information and a trustworthy manner, IMO, contributed greatly in allowing many creditors, with confidence, vote to approve the recovery plan. Without this, I believe we would have had a more fragmented voter makeup and with potentially, greater level of conflict, infighting without a clear way forward and cost. |
I go back to my comment about need to wrap up quickly to avoid further erosion of funds and maximise returns to creditors. A voted accordingly. Without Simon's videos I would not necessarily have understood the need to exit the bankruptcy and avoid further costs which would further erode the available funds. |
Restructuring of the board and representation for specific claims e.g. creditors. The entire process C11 is incredibly confusing to understand. Complexity of being in crypo which is largely unregulated / understood across the world exacerbates the understanding and process. Asking lay people to understand what is going on and its effect and outcome is largely misunderstood or not known. Simon and team have and will continue to help in this process. This has been real world demonstrated via Twitter spaces and YouTube. |
The stalking horse bid, the initial plan he shared on YouTube, holding regular Twitter spaces and presenting over YouTube. |
a. I would not have been able to follow the process without this non legal and non financial factual briefs. b. Probably would have given up on getting return and not followed the process - would not have voted. c. Would not have been in position to know which communication from Celsius, Stretto and others were genuine or not. - in summary all my return (around 67% of the USD 10k) would have been lost. |
Without his help we would most probably not be where we are now. He has been the best advisor we could have on our side. |
The stslking horse bid, creditor representation on the newco board, negotiations between various creditor groups to settle didputes and stop wasting tome and “shafting earn” at the expense of loan/borrow and others. |
1. Pressure to hold accountable all parties by sharing what was being said in the documents and how that would apply to the average creditor. 2. Building a road map to how to exit Chapter 11 - without this, there was a much higher chance this would have gone to Chapter 7 after years of Chapter 11 and lawyers draining the estate. 3. Late-stage - recap of where each member of the UCC/Case and White/ Farhinhight stood and what issue he felt would not be in the average investor's interest. This public pressure I believe, helped push them to more favorable terms for the average investor. |
N/A. Confusing why is being asked Debtors vs Creditors |
The constant pressure put on those that basically stole our money based on misrepresentation was key. The idea of restructuring Celsius under a new entity under new management was an example of simon’s strategy to recover and reinvest leading to maximizing returns |
Simon kept us updated, he fought for us all the way through |
I am not sure. |
Simon did not allow us creditors to get totally steamrolled. Simon’s imput and ideas of how to restructure that benefits everyone in the best way possible was huge. Great business man, one who cares about everyone. |
The process has admittedly been a bit over my head so I can't provide specifics. I watched from a short distance and "took in" what I could, again, marveling at how he and the team teased apart the myriad threads of the Celsius corruption and made it coherent and "solvable". |
This bankruptcy would have turned out a lot worse if it wasn't for Simon Dixon. Simon Dixon gave us creditors peace of mind through HOPE during this entire process. All I had to do was check his Twitter account and see what the latest updates were and I knew the best man for the job was working constantly for us Creditors. |
See above |
Stocking horse, bidding process above many other contributions by Simon |
I can not. |
sounds like I will get more of my money back |
Simon explained the plan to me in details that a 63 year old can understand, not in lawyer's complicated language. |
The squeaky wheel gets the grease! Simon was unwavering in his dedication to help us creditors, in that he never backed down or gave up. This is most apparent if you look at his Youtube channel and see how many videos he made. From the get-go, Simon told us about his involvement with the failed crypto exchange, Bitfinex, and how he assisted in making its creditors not only whole, but very profitable. He also made sure to detail for us the risks that were involved, and how the best probability of success for coming out of the Celsius shenanigans would be to do something similar.
And guess what? After two years of watching Mashinsky and his lawyers siphon away millions of the remaining money that should have gone to the creditors, we end up doing exactly what Simon suggested in the first place. We could have saved a lot more of our money had everyone just listened to him in the first place. |
All of the you tube videos and twitter spaces. Bringing in the stalking horse to add competition. Also, present on twitter to educate and inform. |
Easy, it is known that the plan now approved was based on the plan outlined by Simon Dixon, whose continuous contribution and coordination with various parts of the process got us here. |
Easy, it is known that the plan now approved was based on the plan outlined by Simon Dixon, whose continuous contribution and coordination with various parts of the process got us here. |
I believe being in the position of both an investor in the company as well as a creditor, that Simon indeed have a very difficult job being in the middle of everything. I think he would be what’s considered a just judge as he saw the whole piece of the pie and not just his own personal involvement. Most in his position would have never been this involved with creditors as well as consider everyone involved. Most would have only participated for their own benefit. |
He told the truth. |
Simon Dixon created a very informative recovery plan that eventually grand part of the plan was used by the newco. |
He managed to bring all the different parties together and find solutions that worked for everybody to get a new plan approved and saved us from a Crypto liquidation that would have a serious impact on all our taxes. |
The creation of the initial recovery plan that became the backbone of the final plan presented to the creditors. The stalking horse which provided for a substantially better recovery plan, the initial calling out of Mashinsky that was instrumental in removing Mashinsky from Celsius |
His efforts through Bnk to the Future to get the plan as good as it could be for creditors! |
Simon's detailed educational series on social media during the entire Chp 11 process explains both the creditor and debtor's positions at all times. His video "My Celsius Chapter 11 voting strategy" 4 part video explaining how he would vote YES to the current plan supports all the final efforts of the Celsius Deptors. this video series had a huge impact on Creditors choices to feel safe in voting yes in support of the Debtors final position for a NewCo. |
Simon Dixon's Personal Webpage was adapted to be a central point of Creditor Information and Education : https://www.simondixon.com/
Simon Dixon and BNK To The Future have developed ground breaking technological applications designed to assist Celsius Creditors easily navigate and understand what is happening with their Bankruptcy Locked Asset Property, as the immediate intended use case, but Creditors can explore deeper into BNK applications should they wish to : https://bnktothefuture.com/
Simon Dixon's Twitter X page is an essential gathering point for not just Creditor Information and Education, but is also a Safe Space Haven of Great Comfort to Creditor Victims seeking Emotional & Critically Needed Mental Health Support via chats and Open Mic Twitter X Spaces Chats : https://twitter.com/SimonDixonTwitt
Simon Dixon's YouTube channel has been completely dedicated to offering a wealth of long & short form Education for many Celsius Creditor Victims and many other individuals Worldwide : https://m.youtube.com/@SimonDixon21 |
Simon was handicapped to some degree by the NDA's he was obligated to protect, so all the details of his work were not necessarily revealed to me. However, what did cover made it clear to me that he was deeply involved through negotiations and comprises essential to limited the debtors' claims and, at the same time, worked tirelessly to protect and maximize the benefits to the earn creditors. |
His previous business experiences helped us understand the pro's and con's of a bankruptcy process and benefited us on what to expect throughout this nightmare. |
N/a |
I can't. |
I don’t really know what to say for this. I would say that the last series of videos though which talked through the options and what he was doing and why were probably the most directly translatable for me and people like me who don’t really understand the legals |
Staking horse |
He had been instrumental in the restructuring of another crypto currency exchange which helped creditors get more than full recovery. During the Celsius bankruptcy bidding process his feedback and involvement tremendously helped get the best bid. |
Talking about the realities of the CEL token and securities issues; going over the realities of the mining industry in detail vs what was being presented; discussing the regulatory parties in play that will need to approve the plan based on what services the newCo provides - and the complexity of that process - including qualifications beyond capital that a bidding party would need to have hopes of being accepted given that the SEC can blow the whole thing up if they aren't satisfied |
Increased, accurate representation on the board. Hundreds of millions ($650 million) were saved through his involvement in the stalking horse auction process and management fees. |
Simon took the time out of his life to read every court document he could get his hands on and explain the processes of the bankruptcy to creditors. Turning all the legal jargon into terms and explanations that were easy to understand every single week. |
Even the bankruptcy court and all concerned learned from Simon's videos. |
His proposal of the stalking horse helped get us out of that initial bad deal and make the bid much more competitive & driving us the benefits for all of us |
Simon presented a framework for recovery that was largely incorporated into the plan we recently voted on. |
The 7 part Video series produced at the beginning. In January exposing the bids turned down by the lawyers but not shared with creditors. Tiffany Fong released the bids so we got to see them. Simon had Twitter Spaces to share ideas and eventually one of the bids Nova Wolf was accepted. Simon then pushed for a Stalking Horse bid so that the creditors would get a better deal which eventually happened. My understanding is this contributed to several 100 millions dollars more for the creditors. |
Sorry, cannot help on this point. |
As a smaller loan holder whose total lost investment was approximately $30000, I couldn’t afford legal representation in addition to what I’d already lost. By joining Simons videos and Twitter spaces, I was able to participate in the legal action and make informed decisions. Without Simon Dixon, I fear we would all still be very fractured, confused and lost. With his thorough explanations, I feel all members of Celsius’s bankruptcy were able to make informed decisions |
This case has been long and tiring, even for me and I´m not doing the heavy lifting, and that´s the point, Simon did a lot of the heavy lifting; the reading of disclosure statements and distilling them down in a way I trusted being one shining example. I could not have done that, I´m not skilled enough, let alone the energy and time required. He also insitgated the stalking horse bidding process to improve the lot of creditors, ultimately |
Simon worked on the first plan to take over Celsius' company under Chapter 11 bankrupcy, setting a standard some other companies closely followed benefitting the outcome for creditors. He personally used, at his own expense, his own lawyers to untangle the mess of Celsius' bankruptcy. |
The low number of objections to the plan from per se creditors, and the high number of votes accepting the plan, I would argue was in large part due to having Simon as the trusted party pushing for Creditor representation for NewCo, and explaining his determination and voting preferences. Without this the Debtors’ Estate would have been impacted from protracted objections (more costs) and also delayed timing impacts to NewCo with respect to the mining business.
Finally, the missing bitcoin taken (stolen?) from Simon account by the debtor could have been a major impact to the plan and Debtor’s Estate, if that did not get exposed and resolved as soon as it did. This could have been very damaging to the Debtor’s Estate and the proceedings if not for Simon’s actions/agreements to resolve quickly. |
The evidence I would refer to would be in his words in the YouTube videos he presented. My take-away is that the Debtors had a more unified voice because of his negotiating/leadership skills. |
Simons YouTube video series explaining how the business had used my/our funds to purchase mining equipment to build a business unit I had no idea I was involved in (Bitcoin Mining). To sell all that equipment to players looking to buy distressed assets made me sick - and to know someone like Simon was willing to explain all this to creditors and share his considerable knowledge and expertise to explain how we can try to use what is part of the estate to build back the wealth that was mis managed was priceless. |
Because of Simon a stalking horde bid was introduced. Because of Simon we have enough creditor representation by means of the adding of 2 more board observers to the board. |
Fahrenheit and Simon Dixons 7 part Video Series as a framework to build out. Simons relentless collaboration to share insights and be tirelessly available to answer any questions. |
1.) Without Simon's efforts my recovery would likely have been swirling around the single-digit level. Now estimated to be over 65%. 2.) His push to move the Chapter 11 process along as safely and expeditiously as possible, I believe, kept the difference in recovery percentages from going to feed apparently homeless and hungry attorneys, state and federal officials and the remnants of Celsius that were looking cash-in on funds they did not suffer a loss from investing in. |
Proposing the plan ,of bank to the future. To devide every thing in 50% btc 50% eth. No it took a big bag oofcash and life s. To come to the same concretulation. What a whast of life time and resources |
His plans to restructure or build anew had big impacts on the actual way NewCo was structured. |
I mean, where does one start? Simon created the blueprint for the entire process within a few weeks of the bankruptcy filing. By pressing a stalking-horse bid, Simon established a floor on which others would bid-up and improve terms. Critically, when Bnk to the Future was not the chosen bidder, Simon put aside his ego and chinned himself up to move forward and press on to secure the best results for all creditors. |
Simon's video Part 4 of 5 was perhaps the most important and educational video to me. It gave me the confidence to intelligently vote on 9/22, and it enabled me to also help my daughter, who invested in Celsiuus because of my encouragement. Thanks to Simon, I breathed a sigh of relief on 9/22 after I voted. Prior to that date, it felt like such a heavy burden to keep up with all the legal developments! |
I'm sure there are a ton that I can dig up but I don't have the time at the moment and this is due soon. |
Simon Dixon let me know the details of the court proceedings, when allowed to, so that I would be filled in with what was going on in the bankruptcy court. I was curious to see how much of my life's savings I would be getting back. He let me know approximately how much money was being paid to lawyers and other people that may be getting more than they deserve from the Celsius pool of money that contained the money that I in full faith trusted the company to hold on to until I needed/wanted it back. I think Simon Dixon laid out an excellent plan at the beginning when I found out that my account was frozen. It was unfortunate that it took as long as it did for the bankruptcy plan to ultimately align fairly well with what Simon Dixon had proposed from the start. Simon Dixon led many AMAs and created many videos along the way to keep debtors like myself informed. |
His videos and live updates the 5 part series explaining the dense documents that regular people that work dont have time to read and consume. He made it accessible to us all |
Mr. Dixon's consistent and continual advocacy of the creditor class throughout this process was nothing short of outstanding. The 7 part video series where he factually laid out the key issues along with how they interrelated was instrumental in toning down a lot of the infighting that was going on in and between the ad-hoc groups. Additional updates kept us up-to-date with the goings on and allowed for questions and interactions by "the little guys".
As a small creditor, I personally don't have the resources to have been able to read, understand, and react to the myriad of filing and information and I would have had no level of influence in the process. Simon Dixon went so far as to solicit support from individuals like myself to demonstrate to regulators that we should not be ignored. I feel that any return on my settlement is directly related to Mr. Dixon's actions. |
Pushing for a better result with how the plan sponsor was decided upon. Sharing opinions and updates throughout the process. Explaining the details in a way that could more easily be understood. Knowing that experts within Simons company are evaluating the situation and giving free advice. |
They real |
1. I would say , the main thing is it saved lot of people from suicide. 2. He had so much knowledge , particularly save lot on fees on best deal for creditors. |
I do not know this information - as in 'examples' |
Giving everybody a platform to speak on his Twitter spaces has encouraged creditors to openly discuss ideas such as the Tony Toggle. |
Mediating the earn and loan |
See His videos !!! |
Simon protected the Debtors' Estate by preventing predatory institutions from buying the Estates assets at bargain prices. |
I am sure there were many things Simon did, but it is hard for me to categorize each one since a lot of what Simon was able to do was "behind the scenes" or under NDA. As retail creditors we really only saw the results of Simon's efforts, but I know he was working tirelessly behind the scenes for all creditors. As I stated above getting a stalking horse bid and ultimately ending up with Fahrenheit as a result was a tremendous outcome that I don't think would have happened without Simon's assistance. |
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The video series clarified implications of toggling between accepting all crypto vs greater shares in new company |
He warned us of some of the bad decisions happening throughout the process and help us act to produce a better result in the end. |
As above, the bidders had to improve their contribution to NewCo and be co-invested in its success instead of just selfishly milking the estate to the detriment of the real victims. |
No, 90% if the “spaces” were over my head. |
Stocking horse bid, board observer, UCC and creditor trust. Breaking down this bullshit to understandable terms or someone who can factually most importantly. |
- He has thousands of followers watching his videos, who would not have understood what was visiting l happening or how to vote if it weren't for him. - given that he is one of the biggest creditors, he was clearly incentivised to push for the best outcomes for creditors, and this was evidenced in his consistent advocacy for creditors, keeping up to date with and explaining the complex topics in simple terms. |
The stalking horse bidding process - literally changed the outcome. The negotiations between the loan adhoc and the earn adhoc. Giving people equal time on twitter spaces and listening to other points of view allowed for everyone to come together in unity. The time he spent educating all creditors on their situation, even though it was different than his. This allowed those close to me, who had all different sorts of situations to get the education they needed to make the right decisions. |
I may sound like a broken record but I’m a case like this we need someone to directly communicate with us. Simon provided so much information. He provided the facts and he also discussed his preferences. But he always laid out all the facts. I am so indebted to him for his efforts in resolving the issues involved in this case. |
The Stalking Horse. |
He came out with the stocking horse idea and it really help and finally got us to where we are today. |
His efforts brought a group of investors together that felt they had no voice into a more recognizable entity of the case. Not only did the court take notice I feel the lawyers took notice as well. He gave us more presence in the court room. |
Simon made the very first recovery plan and made public the means of achieving a successful creditor led recovery. While the UCC did not accept Simons proposal, it was used as a template for the other contestants to benchmark to. |
Lower NewCo management fees, stalking horse bidding, to name a few. |
His recovery plan was the first to be made public. |
His talks on the potential benefits of a newco (Fahrenheit) personally convinced me to accept the plan, and i believe many other creditors will agree. |
Based on Simons input I decided to vote for the equity weighted distribution. |
Again... the overall plan he was outlining in real time during the first few months no doubt were mostly adopted. |
Look at the number of followers and viewers to Simon’s information videos and online discussions. Look at the comments on the Reddit, X and other message boards. Simon helped thousands of investors and provided better and more timely information than any other party (lawyers, Celcius etc). |
Dixon's pressure on the Celsius management team and the bankruptcy trustee has helped ensure the bankruptcy process is fair and transparent. For example, the bankruptcy court granted Dixon's motion to appoint an independent examiner to investigate Celsius's bankruptcy. This examiner will be able to investigate Celsius's finances and report their findings to the court and creditors.
Simon Dixon's overall involvement in the Celsius bankruptcy case has helped to raise awareness of the case, educate creditors about their rights, and put pressure on the Celsius management team and the bankruptcy trustee. This has created a more favourable environment for creditors and has helped to increase the chances of a successful recovery. |
The stalking horse discussions led to greater value to the creditors |
Look at the number of followers and viewers to Simon’s information videos and online discussions. Look at the comments on the Reddit, X and other message boards. Simon helped THOUSANDS of retail investors and provided better and more timely information than any other party (lawyers, Celcius etc) throughout these confusing proceedings. |
Simon Dixon consolidated creditor support behind a viable reorganization plan. Simon Dixon and Bank To The Future have added significant time & money pursuing the best outcome for victims. There is absolutely no one else in this bankrupcy who has given victims vital information regarding the capter 11 process. For many this chaper 11 has has been the worst experience of their lives. |
He provided multiple live and recorded videos whereby he explained where we currently are within the restructure as well as any questions we had. |
Please refer to the prior responses provided. Plus YouTube regular and timely podcasts, direct emails for those that subscribed. Stalking horse. |
Without Simon we would not have had a stalking horse structure and Novawolf would have made an additional $100+ million(s) off of our misfortune. With the Fareheit bid the estate has been maximised. Because of Simon it is clear all creditors have greatly benefited. |
No I can't provide. I did see just some video's of SD. |
I don't have any examples or evidence. |
Nee, sorry! |
Due to the tireless efforts of Mr. Simon Dixon in the Celsius Chapter 11 case, creditors have a higher distribution of assets that they can use to recover their lost assets. He worked with many parties to find a solution for creditors who had their money in Celsius. |
Due to the tireless efforts of Mr. Simon Dixon in the Celsius Chapter 11 case, creditors have a higher distribution of assets that they can use to recover their lost assets. He worked with many parties to find a solution for creditors who had their money in Celsius. |
Everything from fighting for better transparency, Storking Horse auction, Fahrenheit management fee reduction, approval of disclosure statement, better creditor representation and many other critical, time sensitive work to improve the rate of recovery. |
His investigations did and will unearth the debtors assets that were/are hidden from us and will be added to the estate so we ALL benefit from them. |
Most clearly demonstrated by forcing a stalking horse process which would not be happening without his involvement. |
The restructuring plan model. The stalking horse. The explanation of cram downs and clawbacks. The detailed explanation of the classes. Simon's regular updates on the progress of the bankruptcy and the parties involved. His current role as observer. |
Explained above |
the stalking horse bid, the debt tokinization from celsius |
everything from the beginning till now was amazing |
Simple! For efficiency and less words, watch all of his Celsius YouTube coverage from day one, listen to all the relevant twitter/X spaces, and critique the grand sum of his entire twitter/X posts up until this moment. If that is not evidence enough, then what is? |
See answer 2 questions above. |
I KNOW OF ONE CASE OF SIMON SUPPORTING A DISTRESSED CELSIUS CREDITOR THAT HAD SUFFERED COMPARATIVELY GREATER LOSSES. SIMON RAISED FUNDS FOR THEM OR CONTRIBUTED TO FUND RAISING CAMPAIGNS FOR THEM (). THIS REPRESENTED AN INTANGIBLE BENEFIT TO THE ESTATE & GOODWILL. IT SHOWED NOT EVERYONE WHO HAD INVESTED IN CELSIUS OR WHO BECAME AFFILIATED WITH IT AT ITS UPPER ECHELONS IS OR WAS A BAD ACTOR |
Simon was able to articulate the chapter 11 process based on his experience and. Presence during the process. In all his videos, he was pointing at facts and information needed to be considered along the process. |
Through Simons knowledge and direct experience through the recovery of Bitfinex for example,he provided the long term,legal working framework and specific solutions at the outset to the recovery plan, which was predominantly used by Novawulf and eventually by Farenheit holdings. This is detailed in his first recovery video series including the transfer of all liquid holdings to Btc and Eth Throughout the process, Simon has provided his knowledge,experience and expertise to liase & advise between all contributory or interested parties including Novawulf, Farenheit, legal representatives and Ad hoc groups.He was the go to person by all groups when it came to answering how digital assets fitted within securities investment and a legally compliant financial Newco. |
Preparation of a restructuring bid and an orderly wind down bid, and the the explanation and detailing of it all via You Tube and Twitter Spaces, resulting in a Stalking Horse Auction and a much better deal for Creditors Raising support from Earn Creditors in the form of a pledge of their claim to give the Earn ad hoc committee the fighting power necessary to achieve a fair deal for Earn Creditors |
When he explained how he was voting |
As I said before the stalking house and creditors receive crypto and shares in a NewCo were contributions Simon did that were real and were benefit for the Estate |
He physically went to court, he took the time to make the videos keeping us informed of what was happening and what we might expect. I looked forward to these as I did not have the means or time to do all the work he and his team put in. |
Informtaion disclosed regarding the value of the estate and the basis of operation for the new company Newco. |
He explained the different plans and helped me with my vote. It actually saved Stretto hours of support calls, without his direction I would have no clue where to go and would have to call in. I am sure most have that situation. |
the negotiations resulting from the Stalking Horse process, provided much more value than originally anticipated for creditors |
I believe Simon more than any other person i am aware off, understood our problems, calmed people with good knowledge and kindness. Without Simon this plan would be much worse. |
Simons Twitter account as well as Youtube channel are the platforms that holds all evidence and the chapter 11 process through Simons contributions is documented there. |
I’m sorry, it’s all such a blur of trauma and confusion, so I can’t member the exact details. I think Fahrenheit was proposing to take $400mil from the estate to start the newco and Simon got it down to $50mil. |
His involvement in the bidding process. Setting up a stalking horse bidding system. This resulted in a much better contract for all creditors. |
We arrived to a concrete accepted plan |
I don't have specific examples but see my response above. |
The framework for the reorganization plan seemed to be based on Simon's suggestions. But also its buy-in and high acceptance rate in the voting totals. I was very strongly influenced by his vote and commentary when deciding how to vote. |
Not unless I go and 'do my own research', I prefer to just trust that the people that step up on behalf of a community generally know what they are doing. |
His input and influence that ensured we moved to a stalking horse bid. |
His total review of the plan |
By mooting for #DEPOSITORSFIRST, this provided a values-based anchor for his thought processes, upon which Simon was able to apply his extensive experience, to help the true contributors i.e. the creditors and this was a fountain of grounded advice, significant perspective that had the debtors taken heed, they would have taken a more honourable path. |
Simon's shared several important information and proposed several solutions via Live YouTube and X (Twitter's) space which had help several members of the community on the way forward. |
1. Properly communicated the needs and concerns of the creditors to the teams on the Celsius side. 2. Though he didn't win the bid, I believe his bid proposal was an integral part in developing the final structure of how the bankruptcy was to be handled. |
By executing a stalking horse bid for creditors. By constantly uploading videos that helped even educate the judge. And by holding spaced and allowing creditors to ask questions |
The videos provided SO MUCH helpful information to help us in addition to the AMAs. Simon is the future for chapter 11 crypto cases |
Stalking horse process Weekly podcasts to explain the process and progress AMA's to answer questions from creditors and also managed response via various social media platforms |
Same as answer 2 above. |
An example is when the initial business plans were proposed and none of them looked any good. Simon publicly advocated for a stalking horse competitive bid which led to significantly better terms being negotiated. Simon was the best advocate for the creditors and in our opinion he did a better job than the UCC |
Stocking Horse Bid |
I would say that his ability to explain the bankruptcy process to us on Twitter Spaces and on Youtube was one of his many contributions. |
1. Simon was quick to take the lead in providing educational guidance to creditors even before Celsius filed for Bankruptcy. 2. Simon helped push through Stalking Horse process that lead the Court and other interested parties to allow other bidders to get involved. 3 By being allowed to play a direct, but one of the essential roles, that of one of the Observers. |
- Provided plan that was basically used as blueprint by later parties; - Got us a stalking horse bidding process. |
he was with creditors when alex mashinsky disappeared |
Simon Dixon worked very hard to bring all of the parties to the table and make sure that each class of creditors interests were properly represented so that we could all come together to get out of chapter 11. If he had not done this, we might still be stuck there, draining creditor assets and inching closer to a liquidation. |
He came up with new plans |
I think the results speak for themselves. What we ( Simon) has achieved hasn´t been done before. It is ground breaking and definitely positive for the industry as a whole so that everything can move forward knowing the boundaries and regulations. |
Again, I think Simon's biggest contribution was providing both education about the process and a forum for creditors to discuss and listen to experts to learn what we could do for the best possible results. |
Staking horse bidding made us get a better deal and also the observers was almost perfect. |
He deserves a cigar and some comfy slippers. |
Simon's relentless pursuit for justice for his personal situation as well as the whole creditor body in general drove him to utilize all available venues to keep pressure on all parties and hold them to accountability. The Twitter Spaces " X " , You Tube videos and Town halls allowed for collaboration as well as a place to find support and become more informed on the proceedings of this Bankruptcy . His business knowledge of the Digital spaces was instrumental in helping drive maximum recovery opportunities for the community. Without Simon's involvement and leadership, I truly believe this Celsius nightmare would have been much worse. He gave hope to a lot of people that you have to keep fighting for the greater good. |
Keeping the creditor community engaged in Twitter/X discussion spaces to bring real time feedback from the community to the key parties like the UCC and Debtors to effect a more optimal plan. |
Simon’s insistence that we have to get out of chapter 11 asap to get the most back from the estate. His vigilance on debtor’s expenses each month reminded us all how much is being lost by creditors each month |
Simon played a key role in setting up the stalking horse bidding process for the company. This competitive process has resulted in a reduction of fees and a higher chance of recovery. |
In addition to the efforts previously mentioned, he tirelessly held twitter spaces keeping creditors informed, answering questions, and unifying creditor factions to put aside differences certainly effected a much better outcome for all involved. |
Simon and Bank To The Future came up with the original plan that all the Stalking Horse entities used as a blueprint for their plan.
I’m sorry, it’s all such a blur of trauma and confusion, so I can’t member the exact details. I think Fahrenheit was proposing to take $400mil from the estate to start the newco and Simon got it down to $50mil. That’s pretty significant. |
Not posible at the moment |
He brought options for the solution, came up with staking horse idea, helped to clarify what was going on during the process; kept everyone informed frequently. Offered Hope to everyone that there would be a solution. |
At the very early days, Simon posted a 7 part video, outlining his ideas on how to get as much value back for the creditors. These videos were super instructional, and helpful and in the process of the Chapter 11, became almost the guiding Curriculum for all involved to study and become educated on the best possible strategies moving forward. One specific example was when he suggested that all the creditors' tokens be sold and converted to BTC and ETH, so that it would not be a hurdle in the future, with all the regulatory agencies, to redistribute our tokens. This eventually happened, and if this suggestion had been initiated earlier, it might have meant an even greater value to be returned to all creditors. |
Once Fahrenheit was selected, the process of getting a disclosure statement began. Simon's team sorted thru all of the creditor claims, originally $850 million, removing duplicates and anything unverified, with a resulting 650 M in debtor assets for potential distribution. That became the basis for Earn AD hoc and Loan Ad hoc groups to reach a settlement so the disclosure statement could be completed. Facilitating the settlement between Earn And Loan AD docs saved the debtor estate additional time and fees. |
Simon Dixon's campaign work influenced earn ad hoc and loan ad hoc to agree to terms that helped to approve the disclosure statement. |
A shining example of how Simon Dixon's contribution has demonstrable benefit for the Debtor's Estate stems from his bringing the majority of Celsius' depositors into a routine public discourse early in the crisis. That forum flushed hiding members of former management directly into the conversation and to make public statements sufficient to expose criminality in their handling of depositor funds. This provided the court a way to separate the Celsius Estate from those bad actors, allowing the NewCo to emerge from Chapter 11 bankruptcy without risk of downstream negligence prosecution or civil action. |
He was a big part of the push to get the stalking horse bid added and that led to quantifiable financial improvements to creditors. |
twitter spaces and YouTube updates helped to elucidate this complicated endeavour |
See below |
Simon Dixon's strategy of providing regular video updates and hosting Twitter live spaces was a game-changer. These platforms became a conduit for up-to-date analysis, fostering transparency and enabling everyday creditors to voice their concerns. In essence, Dixon became a vocal advocate for the smaller creditors who often find themselves overshadowed in such legal quagmires. Without his intervention, the process might have been less transparent, and the creditors could have faced even more adverse financial repercussions. |
Simon Dixon has spent substantial personal hours to track and negotiate the best terms possible from the Celsius bankruptcy. Simon has fought for everyone, including those of us that have smaller losses than institutions yet large losses to us on an individual basis. |
Simon Dixon's initiative of hosting regular videos and Twitter live spaces provided a critical and timely analysis of the ongoing situation. His efforts spotlighted the actions of the UCC and the entire process, enabling everyday creditors to voice their concerns and be acknowledged. Essentially, Simon Dixon acted as a spokesperson for the smaller creditors, ensuring their interests were not steamrolled in this financial crisis. His interventions made a marked difference, preventing a total whitewash of creditors' concerns. |
Not sure |
The two best concrete examples of Simon's contributions for me were: 1) The Twitter AMAs which Simon setup to answered questions directly or connect the caller with the question to the appropriate online expert. These AMAs were indespensable in providing accurate information, dispelling rumors, controlling misinformation, and acting as a call center for creditors to unload their emotions, tensions and frustrations. and 2) The Voting Strategy video that broke down the voting ballot, step-by step, and explained the language and implications of the yes or no votes. Voters were then able to make rational decisions on how to vote based on their own particular situation. |
Simon has provided recommendations to the board on how to return the assets to creditors by distributing the coins together with the new co's shares to the creditors, which is a more sustainable way compared to winding down the company. |
His celsius account showing he had never withdrew any funds leading up to bankruptcy showing his true integrity he was genuine about the success of all creditors. |
No, sorry |
The plan Simon Dixon put forward shortly after bankruptcy was declared ended up, in large part, being the plan adopted. Tens of millions of USD were unnecessarily spent in fees to a number of advisors who did little more than get us to Simon Dixon's plan more than one year after Simon drew up the plan. |
I am a creditor in the earn program, not in a position to talk about the debtors' estates. |
He helped us understand how to vote for the plan and navigate the online voting with Stretto and what the different questions meant in simple explainnation |
he created videos every week and helped everyone |
The bnktothefuture bud directly affected all future bids and most especially the winning Fahrenheit plan. It was his efforts that gave creditors the board observer representation. |
His staking horse suggestion helped to get a new bid which improved the bids. |
He has put countless hours of negotiations with Fahrenheit,New Co, US trustees & many ad hoc committees. |
He gave us all a recovery road map . And that gave us hope . Even as the bankruptcy laws carved that hope away piece by piece he always thought outside the box and stayed positive |
His YouTube video's. |
I mean his detailed analysis and providing a realistic legitimate restructuring plan at the very beginning of Chapter 11 was used as the benchmark plan and really should have accelerated the final outcome much faster than it actually did. |
He went through all the different options, told us what he was going to do, and let us know in our situation what may be a good option for us to take |
No |
Though not accepted, I believe that Simon's group put forth a plan or made a bid with a plan for solving the Celsius situation. I am sorry, but I don't know the correct terminology. |
No |
1. Created the 7-part video series on YouTube that became the foundation of the re-organization plan and what eventually got approved. He also submitted an orderly wind-down bid for how to get everyone their coins & assets. These things came together in lobbying for the stalking horse auction that then got approved. He also got all the fees down. 2. Contributing to ensuring that the disclosure statement was approved. 3. Getting more creditor representation on the board. |
He support the idea to have earn adhoc and other adhoc groups and brought in the negotiation between earn adhoc and loan adhoc. He explain different aspects, the risks and possible losses if the negation could not been met. Eventually each group stopped fighting for the assets, each group met agreements and the case was able to move forward. |
He hung in there when Mushinsky was doing everything he could to steal more $ |
No. Nothing. |
Limited at as time |
Farenheights management charges would not be a flat fee instead of % linking to BTC / ETH market fluctuation and future rises. |
bis heute sind und bleiben wir motiviert. bis zum Ausstieg aus Chapter11. |
- |
Stalking horse, Plan for Newco, Earn ad hoc and Loan ad hoc agreement |
Horsing bid make us save more than 100 millions dollars, making videos of a restructuration plan that lawyers taked back at some stage, creditor board members and observer and fix conflicts that could have costed us a lot without even knowing or understanding it! Thank you so much Simon!!! |
Communication with everyone and explaining complicated things. Helping to get class action stuff super helpful. |
Simon provided the organization needed to create a legal case. Without his leadership, this case may not have ever been possible. |
He was under various NDA but his messages were coming clear as what our objectives were to come out of Ch11. |
Yes, Simon’s influence on the New Plan votes of Creditors helped push the plan forward at a high rate, despite his rejection as a board member. When referencing the amount of creditors and debtors who would have voted for him as a board of director member, the quantifiable community benefit to creditor/debtors is real. This goes beyond followers, supporters, or politics. Several board members were elected due to experience and politics, but creditors and debtors would likely not have voted popularly or favorably for them due to their lack of demonstrable benefits to debtors estates. Simon spent time and energy helping thousands of Debtors Estates, but did not always benefit the political ethos of the NewCo, which is why he was excluded from the deserved benefits of board leadership. |
I am not sure what you want for "concrete" examples. |
His Bitcoin holdings that were taken from him and then returned? |
Simon´s efforts can be seen in his communications through Twitter spaces, live streams, emails; not only in presence but also in substance. |
It was Simon's involvement that spelt out to other parties and companies wanting to buy out (fleece) Celsius, that he was NOT going to take this lying down, and that he was prepared to fight for himself and everyone that he was 'by default' representing. He did it for US, for no financial gain. |
I dont have |
Typically, in such bankruptcies, it feels almost impossible for the average stakeholder who was burned to (1) understand what actually happened that caused the collapse; (2) keep track of all of the complex events that unfold over the many months of bankruptcy proceedings; (3) understand where my specific interests fit into this big mess; and (4) understand what I need to/should be doing.
In the face of this difficulty, I believe that in most instances stakeholders such as me just resign themselves to operating in the dark, which tends to (1) multiplies the dollar costs (i.e. losses) we bear; (2) creates an opening for bad actors to exploit the process (and lack of transparency); and (3) inflicts significant psychic pain because we are fully aware that these two dynamics are going on.
In the field of economics there exists a framework for trying to estimate the value of a service: the notion of Willingness to Pay. I believe that, if truth could ever be told, Simon's tireless efforts to answer questions, keep stakeholders apprised of events, as well as his advocacy generated tens of millions (if not hundreds of millions) of dollars of value. |
Not a debtor |
I could but I think we all know the story and what. He has done with his negotiation skills and determination to get the best deal for us |
Simon's public material such as the Youtube video entitled "My Celsius Timing, Tax & Litigation Strategy Revealed | Celsius Recovery Solution | Part 2 of 5" gave points and references regarding handling of tax responsibilities after receiving payment for Celsius bankruptcy claims: that has informed my understanding that I need to take actions such as preparing documentation regarding the original acquisition dates and prices of the assets which I transferred into Celsius before the bankruptcy, such that I can properly calculate and report losses. I understood that tax advice was not being provided, but a range of educational material was being presented which helps accelerate the cycle of people such as myself gathering appropriate information by any means (including referring back to authoritative Celsius bankruptcy information sources, notifications published by Stretto and and statements published by the Unsecured Creditors Committee, to form our own views to inform responbile decisions. |
Holding mashinsky to public account, refusing to get on celsius board so that he could remain independant |
In your opinion, what specific actions or strategies employed by Simon Dixon had a significant and demonstrable impact on the Debtors' Estates in the Celsius Chapter 11 bankruptcy case?
Simon accepted the class claim and provided a valid response on why so |
Focu and clarity on all te item numbers of the agreement. |
Twitter spaces and stalking horse |
Fighting for earn and making us aware what the debtors were doing not in our best interest |
settling with the earn ad hoc and loan ad hoc to be able to proceed further |
Breaking everything down and explaining to the masses what it all meant and what was going on. I also believe he did well in assembling the masses to take an active interest and believe they could have a voice in proceedings. |
Stalking horse bid |
He was analytical and methodical in looking at all aspects and formulating a plan of his own and then communicating them |
He was able to reduce a lot of fees and settle the ad hoc groups enabling them to work together |
I believe the way Simon as a large, initial investor, could've taken a different path that was it be much more self-serving and selfish. Instead, in my opinion, he took a path that was much more beneficial to people with much less means to be treated fairly. |
Explanation of pros and cons of newco and his own plans |
stopping and diluting the cram down |
Undeniably invaluable!! |
His discussions with the various ad hoc groups in representing different aims. |
His intense and passionate involvement throughout it all. |
The way he walked creditors through hiw he was voting. He provided creditors specific numbers involved in the case. He is really an honorable person. |
Simon transparent communication through twitter spaces allowed to unite creditors and be informed about the progress and risks of the bankruptcy. He also helped to educate users through twitter spaces and the videos on his YouTube channel. |
The earn and creditors put in priority first place . |
Being an observer on the board |
See above |
Uniting our cause. Staying focused on the goal of getting beyond chapter 11, holding consistent AMAs and allowing people to Express their views openly and honestly to everyone else. |
See above |
Twitter feeds, podcasts, and email information flow from the start of Chapter 11 to the present. |
Simon’s plan included growing the BTC mining operation, creating yield and working to make creditors whole. If it had been accepted we would be much better off then we currently are. |
Not sure |
Yes |
Bidding process. |
I hope that the future Board observing will benefit us over the long term. |
The plan and the stalking horse. Board representstion. Fee reduction. |
There are way too many actions and strategies to write in this paragraph |
His plans published on Youtube at the beginning of the Chapter 11 process was later copied by the paid professional. Such as keeping the bitcoin and Ethereum. Selling the alt-coin because those are likely to be rejected by the governments. |
His series of videos were extremely helpful in disseminating and discerning the vast array of information from all the various parties involved in this process |
Simon used Twitter spaces, weekly AMA for anyone who was lucky enough to watch or contribute to, Bank to the Future updates via email, Twitter and YouTube to help explain our options during each stage of the chapter 11 process from the beginning. This was invaluable to me as an unsecured Creditor. It helped me with making choices such as voting on a plan for the future via Celcius and being aware of deadlines. |
Same answer as above. |
All the efforts to influence the bidding and voting g process to benefit creditors |
His guiding light video series |
He has spread the message, explained the whole Celsius Chapter 11 bankruptcy case in plain English and offered countless opportunities for participants to ask him and relevant experts questions. |
By using twitter spaces as and open platform, I saw that the UCC noticed we the Debtors where really not happy with their work. |
I believe Mr. Dixon has the ability to identify and articulate the clear fraud that was involved with the Celisus management. |
Introduction of the stalking horse bidding process that gained substanial value for Creditors. Review and engagement of Legal advice at a personal cost help to facilitate the and provide knowledge to Creditors to allow timely completion of voting on the plan. |
the actions is easy, keeping everybody connected and as objectively as possible contributing to an informed community |
The Ad Hoc groups that were created. |
His AMA's helped answer many questions |
1) Regular videos and Q and As spreading correct information and challenging incorrect information.
2) Through this, creating a positive network of people to talk to each other and find ways to work together. There was SO MUCH feedback about the money wasted by Celsius during Ch 11 on purchasing mining rigs for Bitcoin mining, etc. which could have been avoided if Simon had the power or position to apply that feedback from many creditors to the management. NewCo has many headwinds, but at least Simon has networked a large community of people from a large number of professions with different skillsets with a stake in making the company a success. |
Waiting to disclose his vote! |
I honestly don't understand much of what went on, but I learned to trust that Simon was sincere in trying to resolve this bankruptcy as favorably to the creditors as possible. |
As above |
Tha chance to make the creditors whole through traditional Stock-Exchanges |
Keep us informed when we were left feeling in the dark and uninformed. |
I think Simon did a great job communicating with the UCC and various ad hoc groups, to try to help bring things into a fusion that could help us work together. |
Pushing for a business plan that keeps the door open to being made whole over time with an educated group of owners (previously creditors). Educating the community on the benefits of alternative paths forward and to avoid a liquidation of the estate giving up even more of the potential long term potential of the estate. Simon helped to advocate for creditors so that they have the best chance at the highest recovery possible. |
His videos , his background pressure on the UCC |
Helping to salvage what's left of the company as a whole instead of selling it off in parts I believe is a contribution by Simon Dixon |
Both Fahrenheit and NovaWolf essentially copied Simon’s original plan where it was feasible. |
Lobbying for the stalking horse auction that got approved The process saving millions in fees and salvaged millions in creditor assets |
Joining the community together as a unit had a significant pull in the case because of the total assets of his followers joined together and having recordings of all of the spaces for the lawyers, UCC, bidders, etc. to listen to to understand our concerns. |
The items mentioned above - the addition of a staking horse, improved deal terms, and the addition of 3 creditor board advisors |
Remaining patient until all pertinent information is received is a prudent approach before delivering final non-financial recommendations regarding the voting process. |
Creditor representation on the board. |
His advocating for multiple restructuring plans. |
Simon took an approach of being a real person, a reasonable real person with both goals and an open mind. This is a specific action, a strategy, with the goal of getting out of Chapter 11 as fast as possible as that was in the best interests of all creditors, no question. |
He was my source of information in understanding why I should vote for the plan and what was next in my recovery plan. Specifically going through the ballet before voting on 9/21 |
I think that his experience in the Crypto space in general was leveraged as he has been a pioneer since the early days of Bitcoin. So, he has been able to draw on this experience to make suggests on what decisions would really make the most sense to pursue and those that wouldn't. In either case, the Debtors had a chance to realize the benefits of saving time, energy, and resources by not pursuing dead end decisions. |
Much of that is described above. Rather than repeat it I will just take the parliamentary step of "referring the gentleman to the reply given above." |
We got the plan faster and made sure to to get the small people fair representation and helped explain the legalese. |
See above |
Bringing the creditors (and loans and custody) together and having real conversations with legal experts on this subject matter. I would say that this alone was instrumental to the entire bankruptcy itself getting resolved now publicly rather than 5 years from now. |
Simon want Bitcoin and crypto to succeed so he advocated for the best realistic plan that didn’t necessarily benefit him the most but gave the best chance for the newco to actually succeed. |
Simon held them accountable. |
I guess we'll never know where we would be without Simon. |
advocating for the small investor |
I cannot--only what he listed in the intro was all familiar to me in a global sense. |
Please see above. |
Simon is a steady hand through a morass of unpredictable twists and turns over an extended period of time. |
While I remained silent but aware, Simon got involved in the process an fought for creditors. I was supportive of the actions he took. |
He gave us a road map and kept the process going by lobbying for everyone to get along and accept that no one will get everything they want and we're all getting screwed. That we can't afford to argue into the money runs out. |
The aforementioned choice of Farenheit over Novowulf mentioned above… |
Mr. Dixon was actively involved in social media -- Twitter, Spaces, and YouTube in particular. He provided information, analysis, and hope for the creditors. He has dedicated hundreds of hours of his time in support of the creditors. |
The plan you put forth and tirelessly reworking it to get a plan that most creditors could get behind. |
All the vidoes had significant and demonstrable impact |
See above - stalking horse. |
Q |
honesty, humility, persistence, intelligence were his hallmark traits, I'd say. |
Please forgive me but I would be out of my depth commenting on the impact upon the Debtor’s Estates. |
There are so many. If you look back to Simon’s original 5 part plan posted you You Tube around October 2022, many aspects of this plan were “borrowed” by NovaWulf and Fahrenheit in the subsequent Chapter 11 proposals to get Celsius out of Chapter 11 rather than a wind down and dissolution of assets (a less desireable outcome for Creditors). |
If I understand this correctly, the relentless drive to bring Mashinsky to justice, well affect of the debtors estate. |
The stalking horse |
Please read my initial statement. |
initiating the Stalking horse bid method. |
Simon is in the perfect place as “Board Observer” to see his Vision or Vision come to completion…I hope he gets paid well! |
Customised toggling whereby users could preference their minimal return of original assets. |
As above |
a great sense of hope for me personally. i feel that he was a strong factor in uniting a lot of creditors with selection of them leading the group UCC and seeing this chapter 11 through. |
no real insight on this question |
Supported the creditors all the way which must of helped unite everyone to get the best outcome |
by pushing for a solution, so that lawyers would not fill their pockets forever. |
candidness and openness in communication |
Giving detailed information |
- |
N/A |
Outlined all of the regulatory obstacles before they occurred. Always ahead |
Sorry, no details |
For example when he was working to get creditors first on the recovery plan |
explanations |
YouTube video series enabled creditors to have a thorough understanding of the vote and how it enabled us to get the best option possible. |
His ability to develop support and consensus through social media such as Twitter Spaces and YouTube. |
Simon Dixon's YouTube videos and live sessions had a significant and demonstrable impact on the Debtors' Estates in the Celsius Chapter 11 bankruptcy case: |
I don’t recall right now. |
Push for stalking horse |
The simple fact that he established this community of creditors and ran his youtube presentations told all the lawyers and other powerful stakeholders that there was an army of people watching what they were doing. |
Engaging with the general public through posting YouTube videos, twitter posts and direct interactions in twitter spaces with Q and A |
I believe his relentless work behind the scenes was what allowed the NewCo plan to be formed. It may not have been exactly how he would have set it up, but we would never have even gotten to this point without his tireless dedication to push for something other than the standard bankruptcy where only the lawyers and regulators walk off with the remaining assets. |
Communication with the creditors allowed him to find ways to improve the terms of the bids. |
Stalking horse to engage other bidders was an excellent example of what Simon proposed to protect the creditors. His input and direct engagement influenced UCC and the Debtors to help make fair decisions on behalf of the Creditors |
Stalking horse strategy introduce for asset bidding. |
Stalking Horse, bnktothefuture’s plan was adopted in whole or in part by both Novawolf & Fahrenheit |
NDA |
From what I have seen he Is the person for the job. |
As above |
He gave people a direction and understanding, never onde hope ! |
Lowering fees, lobbying and lowering the auction. |
The YouTube videos and tweets. Timely,effective and calming. |
Based on what I have seen, it seems to me that a year ago, Simon proposed something similar to what is currently being done. |
I can’t speak to this I really don’t have enough information |
I don't know enough to answer this. |
His decision not to join the board but to set up this support system to help everyone and bring a truer representation to the table. His vision was 100% accurate and has created a lot more trust in a situation that has be void of trust. |
His AMA and keeping us up to date |
In the process known as the stalking horse, he suggested implementing a stalk mechanism based on the winning bid from the first round of offers by the winners. |
The formation of the different groups of creditors and the negotiation process between them. |
His tireless efforts in providing video updates to the community. |
Having people come up and share their story was huge for me. Made me feel like I was not alone. It didn wonders for my me anxiety |
In short, from the very beginning of this saga, he advocated that in order to reorganize to a successful NewCo that has a chance to succeed, we first have to clear up the mess and criminality that Mashinsky did and get approval from regulatory bodies for NewCo. This is almost what has happened at the end after so much unnecessary time and estate money wasted on predatory lawyers. |
Always trying to build/create a plan for the most favorable outcomes for all. |
- Education of all stakeholders regardless of their claim size or position in the claim priority list. - Communication with all parties from a pure neutral non biased point of view to maximize outcome with an inherited non-ideal situation. - Transparency and accountability asked from all parties |
Simon public ally debated Alex Mashinsky, asking Alex to explain his claims to be acting in creditor’s interest. In my opinion, Alex was show to be untrustworthy. |
Simons constant and regular info in the form of Twitter , YouTube and other social media he has given the most comprehensive and up to date information on all the is happening snd constant updates and contributions on what could be the best courses of action . Simon has I believe has been crucial to the process and of great impact guiding this process in the most effective manner , all the while never giving up despite so many working parts , different factions , ups and downs and personal attacks etc |
constant twitter spaces |
Mr. Dixon's efforts were critical during the bidding process as the stalking horse bid was insulting. He worked tirelessly representing the thousands of people who, unfortunately, trusted Celsius. |
Please review his Twitter, listen to the townhalls. As transparent as one could be with his level of investment, he was. |
Pushing for a stalking horse action |
The stalking horse as mentioned above as it made it a bidding process, putting his own money and his company's money into researching the bankruptcy process and sharing this information with all creditors who this process was completely new to (like me), getting folks on twitter spaces with different views to share their thoughts. |
Dixon's relentless publications on YouTube and Twitter and Spaces was an educational process that helped enlighten the community to come to decisions based upon facts. He also embraced many opinions from various fields with greater expertise than him and openly allowed himself to be challenged again allowing the community an informed dialogue and decision making process. |
Stalking horse, pushing for creditors to have more say in the proceedings, pointing to specific points to target to have the greatest impact in actively influencing peoples decisions for the better. |
Becoming an observer to the board. |
The voting guidance. |
Reading all the documents and making it easy for me to understand. |
Board revisions |
Stalking horse bid. Negotiating fees down. Working with Fahrenheit on the bid. |
Telling creditors the truth. Liars are afraid of truth. Knowing Simon would tell the truth prevented additional fraud. |
His doggedness, really staying on it consistently |
His regular YouTube videos updating us all on not only on the status of everything but explaining the details not all of of readily understood. In my opinion his regular YouTube updates are really the best example of this though. |
As far as I can see he is BY FAR the most active in this space |
YouTube and Twitter videos. |
to me is that he kept me engage and up to date what the best strategies going forward should be and so worked and some did-not however not giving up is big with me no mater how bad it looked at some times Simon consciously fond a way to move forward. Ihope he continues to help anyway he can |
At the beginning of the chapter 11 I just that we were just trying to recover our assets but when Simon mention that we might be going up on the market that get me more exited |
See above |
I would think he was very instrumental about the bankruptcy being treated as a cryptocurrency recovery. I think the voting results prove that even though this was a bankruptcy failure, it was not necessarily a cryptocurrency failure, or a BTC failure, but a Mashinsky and folks failure, by plainly building a business based on maliciousness, and lying to us up until the day before bankruptcy filing. I did not trust that the judge could understand that we would want the recovery be made whole in BTC, and I think Simon's influence was probably critical. |
Youtube videos explaining the issues, and twitter spaces allowing people to ask questions. |
Just his general input to the creditors committee and suggestions on the makeup of the member board for Newco. |
Raising the issue on social media and rallying the credits to unite to cause a change. |
Again, in the absence of anything else, you just knew his incentives aligned with yours. I could say he seemed sincere, genuine, etc, and that is all true, but over trusting is what got us here. You just recognized that if he got what he wanted, we'll get what we want. So we support his efforts. |
Simon got himself involved |
He has and continues to clearly work tirelessly throughout the entire bankruptcy case. With his knowledge, he offered to provide assistance and support as Celsius and UCC worked to find the best solution for this sad situation. |
1) Simon's original plan for recovery was a crucial information that regularly was used for the past year 2) Simon's weekly AMAs kept all creditors and stakeholders informed in the midst of misinformation going around in the internet 3) Simon used his personal funds to consult professionals before sharing his latest information with the creditors |
Simon's step by step videos breaking down the plan and also voting process has made a significant impact. The Twitter spaces have also been of great help to share knowledge and also as a support network ie we don't have to feel so isolated throughout this nightmare |
He and his interests have included me in his quest for resolving this claim. |
In my opinion it was because of all the transparency of every possible scenerio, of outcome and so most people were aware of the negotiated settlements. Also his video series going over the options outcomes and his detailed explanations of the importance of the stalking horse bidding really helped me decide that the insistence of that process was going to be the most competitive solution and best outcome. |
No comment |
Bringing attorneys on to Twitter space live streams and opening up the floor for any and all questions |
His work rate was enormous and he was extremely focused on a good outcome for the creditors. |
Answering questions on Twitter Spaces. |
Outlined plan including the stalking horse which, hopefully, got us a much better deal provided a template for other groups to start. |
It’s hard for me to define a single action or strategy because there a been so many. I would say the single strategy is staying connected with people always being honest, so that the voices of the could congeal around major points to benefit the people as a whole. His willingness to communicate in such a way that brought to a willingness to compromise would be the major strategy. |
Selecting the best bid |
I think it swayed decisions being made to swing toward the little man--the one who doesn't have a way or means to be respresented. |
He would know better than anyone (I would think) in respect to finances. |
his ability to mobilize social networks by communicating facts, substantiated perspectives and call out when things were not being executed in the best interest of the creditors |
By acting fast, and laying out a thoughtful approach, I believe Simon set the direction for all the participants to arrive at the most equitable solution. |
I always hoped he would keep the process professional and transparent. I knew the lawyers would take a huge amount. And they did. |
Simons provided significant insight through his videos on Utube and Twitter Spaces. I do NOT know of anybody who stepped up and established clarity, and stability during the entire process. I personally felt Simon truly cared about all creditors during a crisis when you could not trust anyone. Simon became the only I could trust and appreciate his selfless service! |
I believe Simon’s past experience helping other companies in similar situations created significant impact on the overall development of Celsius chapter 11 direction. |
The fact that he would not be bought off but stuck with his opinion that we all should be treated fairly. |
Crypto knowledge |
Constantly being a voice for the victims and letting everyone know that Alex Mashinsky is a deliberate crook. |
The constant updates, on twitter, youtube, and twitter spaces. Continuous engagement with the community. |
Group discussion. Knowledge of the legal issues surrounding the case. |
Same as last response. |
Confronting the management head on in an unrelenting manner |
Documentation with alternative silutions provided to the legal stakeholders |
Creating a the social networks and informing the community on every step of the way. |
All of them |
The pure amount of content that Simon Dixon has put out during this process is a testament to the amount of effort he and his team have put forth in trying to get this case resolved. There is no one else that rises to that level in comparison, not even close. |
The pure amount of content that Simon Dixon has put out during this process is a testament to the amount of effort he and his team have put forth in trying to get this case resolved. There is no one else that rises to that level in comparison, not even close. |
Not really, but no-one can deny that Bank To the Future has been used by Celsius to raise funds, and as the CEO, Mr Dixon has been able to provide a lot of information to the UCC and probably to the DOJ and/or the court. |
not really, lenghthy and i am not qualified to provide |
Simons engagement with creditors listening to them and his perseverance in trying to get a good outcome for everyone. |
A public bidding process in order of chapter 11. |
Getting more coins back as much as possible. |
Simply explaining the Divide and Conquer strategy. Emphasizing the COST of NOT AGREEING. But by adding the confidence of HIS OWN VOTE for this... Had he said "I am voting no, here's why..." I would applied his logic to my situation, and changed my vote accordingly. BECAUSE of his explanations, I was able to reach out to 4 other people, and make sure they voted! 3 of them were not following this at all, as it was overwhelming. I believe this happened alot |
again, not sure what debtors estate is....seems like Celsius equity was and should be wiped out.... |
not sure |
Proposal of a newCo, distribute newCo shares to creditors for future tecovery. |
Ok I’ve basically answered this question multiple times now and it’s getting tedious! Please see above. |
A clear well laid out strategy which was not only implemented , edited / amended as things changed throughout this whole process and with all that making videos & explaining it to everyone. |
everything he has done has thus far been in the best interest of us |
His informational videos, twitter spaces, town halls, holding Machinsky and cohort accountable for their disastrous actions |
The fact that he pushed to get creditors representation on the board and also ended up as an observer with Joe and Brett. |
his YouTube Twitter, spaces |
His videos and meetings with key stakeholders |
Always putting creditors first and calling out bad actors with their own agenda |
As previously mentioned, the in-depth YouTube Series and Twitter Space discussions had an immeasurable impact. Not only providing information and a plan, but ensuring that the community comes together as a whole and “fight the real “enemies” (Mashinky & Co), instead of fighting each other. |
Simon communication skills are second to none. Really calmed help me make my decision |
Simon held twiter spaces, put out YouTube videos, did interviews, sent out newsletters, read and reported back on every single piece of this process. He kept the community informed about important dates and dealines. He made sure people understood what was happening and when. He let people kow what their options were, and how to make their voices heard. He was a very important voice for the whole Celsius creditor community and worked tirelessly to stay on top of everything that was going on, and to let the people know in a transparent and timely manner. The impact of this I think comes down to making sure that people knew what was and was not being accepted in the bids. It significantly influenced community feedback throughout the process. It guided a lot of key decisions and ultimately I do not believe that the creditors would have gotten such a strong deal in the end if it hadn't been for Simon's careful and highly public attention paid to the whole process. We owe him a great deal. |
The 7 part video series and additional Twitter Spaces. Additionally, the 5 part video series outlining voting strategy combined with further Twitter Spaces. |
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Stalking horse bider. The bank to the future road map. His previous knowledge and experience in over 100 crypto companies. |
keeping eveyone informed along the way , not dumbing it down and keeping exceedingly honest and as unbiased as possible. makign big efforts to explain the process to everyone in a lot of detail. |
? |
Simon helped to organize the creditors' response to the court, adding strength to the case for an accelerated timeline and steering clear of solutions that were more self-serving for Celsius and the individual debtors. |
everything |
Proposing a reorganization and not selling off all portions of assets, assisted in getting a much better outcome |
His website and YouTube videos helped me a lot to understand what's going on. I admire him for all the effort and dedication. |
In Simon, I believe I have somebody who represents my interest and others like me. |
No comment Exo |
Building the creditors community and encouraging advice groups with similar interests to get their opinions and suggestions on the table. Leveraging social media channels to bring debate, educations and awareness to affected creditors. |
he had many ideas to move this process forward. built a community of smart people. |
Being present and calm, talked with all the people who lost so much. This has definitely saved many people from going mental from what Mashinsky did with their money. |
I am not a legal expert, so having him break down the possible choices, we can make through this process and showing the benefits and as I’ve already stated some of those techniques really helped get us a better settlement and helped us to be involved in the process. |
--- |
Simon has been the cog between all parties involved to keep this complex process moving as quick as it can. |
It's hard to know exactly where Simon was involved. The stalking horse set up I believe he influenced, but the specific details of his other involvements escape me, as there were so many were legal processes, that I never had heard of BM (Before Mashinsky). |
credit representation on the board |
Information. Creating a plan. Getting Celsius leadership out faster. |
His series of videos gave me a step by step breakdown of how things were developing and how best to manage my own contribution to the procedure. |
Keep asking questions to know every detail what will happen to the money in case of litigation revenues |
The sharing of relevant information that Simon did constantly helped the creditor base organise adhoc that were professionally represented. He also helped boil down the key issues that needed to be resolved for the process to move forward. Finally, his alternative proposals helped invigorate the conversation of how to better the outcome of this process. |
He submitted an orderly wind down bid |
Not sure same as above. |
Lobying for a strategy where our remaining coins would not be sold for fiat. |
Higher rembursement with stocks of new company |
His encouragement of members to engage in different ad-hoc groups in order to engage with members with the same concerns |
I cannot but say that Simon's approach to this whole process was a great strategy and no step in this process was more significant than the other. All these steps, small and big, lead to this result! |
Simon lead this process for the last 1.5 years with continuous Twitter Spaces and Youtube presentations. The Debtors, UCC and creditors were all influenced by this discourse |
Simon lead this process for the last 1.5 years with continuous Twitter Spaces and Youtube presentations. The Debtors, UCC and creditors were all influenced by this discourse |
Can not name one but for sure there are good actions and strategies taken by Simon. |
I feel just keeping me informed as much as possible so I didn't feel totally alone in this. I have substantial coins in Celcius (at least for me) and I am hopeful with good representation for Creditors that this may turn out good in the long run. |
His tireless efforts to explain extremely complex topics in an understandable way on Youtube and to answer specific question on Twitter spaces were invaluable. |
Please see above |
The stalking horse suggestion, his analysis of the examiners report, his insights into the governance of NewCo |
Live streams with questions and answers. |
Simon has spent millions of $ for legal council and advice throughout this period which has put us all in a far better position today. For obvious reasons he could not share legal, tax or investment advice but the fact that his Celsius Reorg Strategy has been watched and studied by the legal teams involved speaks volumes for the quality of work Simon has done! |
"Debtors' Estates?" My English is not very good, not uderstanding, debtors are scammer Maskinsky and friends right? Simon helped ensure that debtors' assets were pursued to recover maximum capital for creditors. |
Casting vote as a earn Celsius Creditor |
N/A |
All the items already mentioned in all the other answers |
Debunking the whole corrupted process for creditors. |
He was crucial to the implementation of the staking horse process which in the end saved the estate hundreds of millions of dollars. |
Educational campaign through communication with creditors. |
I don’t recall, sorry. |
He was crucial to the implementation of the staking horse process which in the end saved the estate hundreds of millions of dollars. He was the driving force behind the implementation of board observers. His initial plan for newco was studied and used by several parties involved in the ch11 process. The final plan is basicly a facsimile of Simons original plan. |
Him being an influential force for the stalking horse auction |
The many lawyers who spoke on his platforms were immensely helpful as I cannot afford my own . I realize that if I listened carefully to all of the discussions that we're taking place my questions would be answered. |
xxx |
Simon proposed a newco from the beginning and his transparency and honesty showed throughout. If the UCC were able to we would've voted for him to start the newco and that would have undoubtedly saved time and expense during this ordeal as well as giving more liquid crypto and equity to creditors by this time. This in the end did happen (newco) after great expensive and time delay. Simon has only ever been of a great value to the creditors. His public involvement with live streams and AMA and Q&A gave people hope and trust |
Simon was 10 steps ahead of all in this shitshow. He had an exacutable plan at every step of the way. If the court gave preference to Simon and the creditors we would have been out of this before it started. It did show how weak the legal system in the USA is to protect victims. |
A concrete example, as mentioned earlier, is the establishment of a solid user base for the future company. This is only achievable through ongoing and accessible communication to all types of creditors. |
. |
From the start, his mission was to achieve the best possible outcome for those defrauded by Celsius..... he achieved his goal. |
The proposal to migrate all the coin / tokens into BTC & ETH |
I did not get a level of information in a timely and explanatory way from anyone else but Simon Dixon. |
Going after the Storking Horse stood out for me as it appeared to change the direction of the newco by creating competition |
Simply put again. Simon kept skin in the game we would not, under normal "legacy" rules, have stood a chance. |
Simon is a level headed diplomat. He negotiated for the best possible outcome given the circumstances. He kept his cool while navigating an uphill battle, fighting for Celsius' creditors. |
All of his update videos |
Simons multiple video series set out in his view `what had to be included` in any recovery strategy. Via these videos, Twitter spaces/posts medium he blatently highlighted the outstanding and time sensitive concerns that creditors; thereby the UCC, Celsius and the relatively inexperienced legal advocates ( re digital assets specifically) must address at specific points re a securities recovery of a Newco. This included the unique aspects of digital assets with regards to the legalised holding, staking or investment of securities. Simon Dixon and his company bnktothefuture have almost unique insight to this having been the vanguard to this form of investment. |
By bringing people together lost in the grand scheme of things unpacking a complicated matter in the best way possible and not least giving everybody some hope. He held endless twitter spaces with Q&A for everybody no matter who you were from housewife's to hardcore business profiles and lawyers. |
I believe Simon's most significant contribution is his recovery bid. While it did not win, it provided a template for other bids to match as a minimum. As such, it was invaluable as a structure to form what was to be the The Plan that was eventually approved. |
Simon has been advocating on behalf of creditors. Once again I am very grateful to gain from his expertise and tireless actions. He and his team have analysed the options thoroughly. He was willing to make specific recommendations as a result (not financial advice as such) and encourage strategies to maximise value to creditors such as exiting quickly. |
Bringing communities together and pointing out the issues and complexities so others can contribute, understand, and take action. |
I think Simon's content shared on YouTube and Twitter spaces had a demonstrable impact. It provided communication for the debtor and UCC to hear the issues and questions being discussed by the community and actions we wanted to see. Simon provided that communication channel. |
1. regular (reliable) briefs (exceptional detail) on detail to all (ALL creditors and other stakeholders), including by Azad posts on social media 2. communication to UCC and Judge 3. Twitter spaces clearly helped alot of people, especially those like me who were older - retirement savings were lost on a huge scale. 4. being very structured and methodical - is boring - but essential to get maximum understanding on all issues and every step - remarkable. 3. Azad |
The strategy was that of virtuous values: justice, truth, integrity, peace, trust, etc. |
See above |
As stated in my other answers. His taking this to Twitter spaces and YouTube, sharing what he could and answering questions. His roadmap and examples of other companies that had disastrous situations and were able to come out the other side better off. Working with the UCC/ Case and White / Farenhight to find a roadmap out and applying the pressure to force members to look out for the creditor's best interest and not their individual best interest. |
N/A. Confusing why is being asked Debtors vs creditors |
The idea of restructuring Celsius with the goal of maximize returns |
Fighting to be a voice of reason that had the creditors interest was heard that we were not just by standers but a part of the process |
I don't know. |
Keeping himself in the loop and giving his impute as to how things would better unfold |
I can't offer specifics. |
I don't know how or what he did exactly but I know he was our leader and we trust him and that means a lot. |
See above |
Stocking horse, bidding process, employed by Simon among many other significant strategies |
Stalking horse bid. YouTube video series. Twitter spaces. Twitter posts. Celsius was built on creditors deposits, that was the original business model. Whatever is left, belongs to the creditors as Celsius as a company failed and was a fraud. This is where Celsius, UCC and all the lawyers have failed miserably. Communication has been horrible. For the first months, this was extrenely painful and stressful as there was so much misinformation, lies, deception and opinions. Creditors where hurting, people lost their life savings and pensions to this fraud. Potentially beyond the topic of the question, sorry. But the impact was, mental sanity, hope and communication in the darkest of hours. That's what Simon brought to the table. |
participated in the case for the better for the people |
Simon is very sincere in his great determination to help me get my pension and half my life saving back, I was afraid to live on the street homeless and 63 yr old. |
Simon’s recommendation very early on of doing something similar to what he had done with Bitfinex was pretty spot on. During the Bitfinex reorg, he basically had everyone receive a share of the remaining crypto, and then get shares in a new company he would form; a company that did very well and is thriving today (crypto exchange Kraken).
As it turns out, after 2 years of Celsius bankruptcy proceedings, that's exactly what we did.
Now let's take a look at what happened to creditors' money/crypto during those 2 years: It got siphoned away!
For two years, we all stood by and watched as Alex Machinsky and his parasitic lawyers delayed the proceedings time and time again, paying themselves out of the Celsius honey pot with money that was supposed to go to creditors. Not only that, but those parasites also suggested/allowed Celsius employees to still get paid AND some even get bonuses... all of that money should have been going to the creditors.
We, the creditors, basically gave away millions of our dollars to Machinsky's lawyers, and his employees, because the entire bankruptcy system is flawed (as is our monetary, education, and legal systems, which is why we're mostly all here today, but that's a story for another day).
This is my first time being involved in a bankruptcy case, and I can tell you the entire process does not favor the people that were actually hurt the most. When lawyers can drag out a case for 2 years, make millions of dollars, and employees still get paid to do nothing, that tells me the entire system is flawed, much like fiat currency itself.
Simon has indirectly shown us all the failure of the system, and why we cannot become complacent. |
Working with adhoc groups, bringing in stalking horse bid, showing the amount of money the lawyers were charging as this drags on. You tube videos, twitter spaces. |
There were so many, over so much time, that I really can't enumerate them. What I can say is that, throughout this time, its coherence and correction were essential. Respect. |
There were so many, over so much time, that I really can't enumerate them. What I can say is that, throughout this time, its coherence and correction were essential. Respect. |
He helped made it possible for there to be a solution when a solution didn’t seem possible after all the damage was done. |
His strategy was to be a consistent generator of high quality, well researched content for people to easily digest the complex issues of the Celsius chapter 11 bankruptcy so they could make informed decisions. He reached out and invited people to seek his help that alone put him leauges above other "professionals" who would only do this for significant compensation. What a shame there are not more voices like his in the world in general. Offering helping peace of mind at personal expense. This is exceptional in the financial universe. |
The action of being very active in informing the creditors step by step about the process of Chapter 11 since day one has been extremely helpful. |
Simon prevented a Liquidation of our Crypto. He got us a better deal for the NewCo by fighting for a stalking horse bit for the assets. He acted as a bridge between various Ad Hoc Groups, Court and Debtors. |
His strategy of absolute transparency without breaking NDA and communication with the creditor community was instrumental in creating the best plan for recovery for creditors. His insistence on a stalking horse. |
His constant pressure on the UCC to do the right thing! |
His Q+As on twitter and youtube. These lengthy, open forums attracted a global audience of Creditors and Debtors. Any and all were invited to speak at all times. This opened discussions on multiple levels on all topics exposing very challenging opinions on both sides. |
* The Creditor Focused Education. * The Stalking Horse Method. * The Pre Voting Education making Creditors Fully Aware of Potential Post Voting Outcomes. |
It is my understanding that Simon was actively involved in almost every aspect associated with actions affecting the debtors. That includes identifying and excluding those individual debtors who committed various crimes and fraudulent actions from receiving any benefits related to those acts. He also worked with others to ensure the guilty parties would be held accountable through law suits and litigation. |
Although, I would have loved Simon to have backed BlockFi's prudent decision to claw back retail creditors above the $250,000.00 threshold. (Which seems more reasonable if at all - because of a double jeopardy situation) His push for the Stocking Horse; his outline to the creditors committee (from the very beginning) on how to proceed with this type of bankruptcy because of his previous business experiences; his dedication to the retail creditors (without pay and which he procured major personal expenses on his part) was outstanding and unbelievable. |
N/a |
I don't know. Maybe his informative videos. |
The plans that he made and the work he did the then being together people to make a louder voice and also to then push for the revised plan |
Staking horse |
Simon's live YouTube streams, Live Twitter spaces, Twitter community, Telegram group which were all related to Celsius. |
Being a public voice. Most of us don't have time to read the thousands of pages of stretto filings, or to understand the complexity of US bankruptcy laws - and while Simon can be long winded on video - his honest updates of the case status and the issues at play, and potential solutions - I believe saved everyone time and resulted in a better, quicker, outcome. |
Simon has the knowledge, expertise, integrity, time, and finances available to represent us the way we want. Which is to say, to be made whole again with as little risk as possible and not see this as an opportunity to get wealthy himself on the backs of creditors who were already taken advantage of. |
In my opinion, the q and a after Simon's youtube presentations were priceless. He loves to ramble sometimes and the information sometimes can go over your head, but he always redeems himself in the Twitter spaces post videos. If he didn't do that, we wouldn't be here today and nobody would believe he was creating the slides himself. Everyone would just think he's just regurgitating what his lawyers is telling him and maybe even have a different plan behind closed doors. |
All his videos. |
His strategy of doing all this public negotiation via social media. This should be the future model for all CH11. His strategy gave us all a voice and maximum transparency |
Development of the framework for recovery, negotiation that led to additional observers are two things that stand out to me at the moment |
Other than the above mentioned assistance that Simon provided, Simon recently shared another Video series that explained his considerations and thoughts on voting for the plan which was very helpful to me as a creditor. Also, Simon's concerns over not enough Board representation of Creditors on the board other than our two UCC members became an issue for us creditors. The creation of Board Observers to resolve this issue was driven by Simon and now he along with two others will observe the Board and communicate with us creditors/shareholders in the Newco. |
I am not in a position to help on this point. |
Unknown |
Stalking Horse. Connectivity to the main players (UCC, Novowulf, Celsius, Fahrenheit) to advocate on behalf of creditors which had material benefits such as the fading of people like Machinsky who showed themselves to be liars at best, lunatics at worst (especially Krissy), the idiot who accused Simon of making withdrawals when the truth was 289 of Simons coins had been stolen, that was a staggeringly ironic and just turnaround. He highlighted the costs of this case in legal terms which I believe speeded things up as it made the vultures look like, well, vultures. He hosted the AMAs which brought together the various talents working around the margins to expose valuable and useful information for us as creditors. I´m certain I could think of more |
Despite the recent death of Simon's father, he came out of mourning to take on the bankruptcy for all creditors which was exceptional. He used his own lawyers for advice. Tending the first offer to take over the Celsius. Simon made regular videos for creditors with extensive information on all aspects of the case and regular AMA's for those of us bewildered by the case so we could make informed choices regarding the cases outcome |
Simon became the trusted de facto representative for the interests of the wider creditor community. Simon had to early this position of trust with the Community, and only via week-in and week-out Celsius information, videos, Twitter spaces and his real actions did he build up that level of trust. Without this, the alternative would have been the average non-legal creditor having to navigate complex legal documents, jargon and processes, UCC/Celsius/adhoc group tactics and politics, without knowing who to trust or what the best creditor strategy could/should be. |
I believe Simon Dixon worked to make sure both Debtors’ and Earn Estates were fairly represented. |
Providing a framework that enables creditors to re-package the business with the hope of making these assets perform so we can claim back our original investment in a shorter period of time and leave less money on the table for vultures looking to take advantage of the Celsius fraud. |
Because of Simon a stalking horde bid was introduced. Because of Simon we have enough creditor representation by means of the adding of 2 more board observers to the board. |
Relentless at seeking to understand and then widely and respectfully collaborate and communicate until a consensus surfaces. A strategy of selflessness to want more for others then one wants for themselves… |
1.) First and foremost, bringing to light, through Twitter Spaces and YouTube, who and what has already happened to our investments, what is currently being decided upon in the courts and what we need to think about and prepare for should the Plan be allowed to go forward. How can we hope to gain the largest recovery possible given the hand we have been dealt. |
Look Simon, could have take part of the cel squize. Every week updates, dealing whit this human waste. After the passing of his father. Just Cudos, and big respect. |
His plans to restructure or build anew had big impacts on the actual way NewCo was structured. |
Altruism is a strong word, but Simon consistently advocated for all stakeholders and highlighted arguments and rationale for other factions (Loans, CEL, Custody) even when they stood against his own interests as an Earn creditor and shareholder. Simon always wore his heart on his sleeve speaking with passion and empathy. Despite being an astoundingly successful billionaire investor for whom finding 289 wayward Bitcoin is merely a pleasant surprise, it was always clear Simon's engagement in the Celsius proceedings was him answering a higher calling, as a champion for the disaffected pensioners and hapless retail creditors. |
I felt his YouTube educational streams were the most helpful. I did not have the time to listen to all the Twitter AMAs, but I felt his YouTube streams provided me with enough education to understand the essentials of the process. |
I'm sure there are a ton that I can dig up but I don't have the time at the moment and this is due soon. |
Simon Dixon fought for speed, due diligence, transparency, and for the people who invested their assets, attempting to get back as much as possible from the fraud that was Celsius and the leader of the fraudulent activity, Alex Mashinsky. |
Suggesting the reorg plan in the youtube videos that laid the frame work for our current deal |
Mr. Dixon served as an information clearinghouse, a mediator, an advocate, and a point of coordination between many of the ad-hoc groups, creditors, regulators, and other parties. In addition, he spent substantial sums of his own money to attempt to get the best outcome not only for himself but for creditors like myself.
These types of actions served to help keep the individual ad-hoc groups, regulators, and others on a positive tract by making sure that each of the groups had insight into the needs, wants, and desires of the other groups. |
As above |
Very impctful |
1. Stalking horse. 2. Plan out of bankruptcy ( BTC/eth) |
Simon decided to be take 'relatable, personable, and I-had-a-chance-to-bail-yet-I-signed-on-to-this-to-make-a-point-that it can be done ..." approach. He managed to foster trust where none was possible ... I do not know how he did it - what I saw was honesty and expert consideration of the problems ... This was very impressive and inspiring, for me. |
Simon laid the blueprint. Encouraging the stalking horse bid meant we had a chance of getting more back. |
Stalking horse generated benefits in hundreds of millions. |
See videos !!! |
The conversion of tokens to BTC and ETH. |
The stalking horse bid that led to Celsius switching from NovaWulf to Fahrenheit. |
. |
Submission of a recovery bid plan for bankruptcy restructure, setting frame for discussion/comparison of other restructure bidders |
Keeping the community informed. |
Simon gathered supporters of his by setting up a database on Bnk To the Future where we pleaged our support. This provided him with tangible monetary backing for his ideas. |
The stalking horse and saying the mining needs more up time. |
Stocking horse and holding all parties accountable. |
- his industry experience, - consistent communication with both creditors and those directly involved - using his access to legal counsel and accountants to put together plans and analyse plans put forward by the UCC/Debtors and explaining their likely practical, legal and financial outcomes. |
The stalking horse bid. Getting Board Observer seats for creditors will help the debtor. And getting Cam Crews on the litigation oversight will also help the debtors recover more. Also the 7 part video series (pretty sure they watched it all) |
For me personally, it was Simon providing the options available and stating what might be the result. |
The Stalking horse. |
I believe Simon knew what he was talking about all the whole bankruptcy process. He said alot of things that came to pass. I wish people could have listen to him. We could have been out of this mess we are involve in. |
His actions proved that a Bankruptcy can be handled orderly, timely, and fairly if given the chance to demonstrate alternative avenues to resolve the case. Value still existed which would have not been discovered in a simple dissolution. The resulting company may become the leader in its space due to its transparency. |
Simon ensured and is ensuring, that this process has the best potential recovery for creditors. He has helped guide the recovery plan, join the various creditors groups for a unified outcome, and keep everyone informed with his Twitter and YouTube feeds. |
To apply pressure using social media. Without this, creditors' voices won't be heard or considered by UCC or Celsius Network. |
Simon maintained his professional independence from the outset to enable him to best represent creditors and minimise his exposure to NDAs. He was then able to independently mediate between parties and communicate his findings and recommendations in a public forum via Twitter spaces and YouTube. |
Simon's condition of having more creditor representation on the board before accepting board membership was instrumental in the final board composition. |
The continuous flow of information in the form of emails, videos etc. The interpretation and translation of the complex process for creditors. |
The facilitating and bringing together of the many different interests and factions. Alignment, alignment, alignment is a word Simon has employed on many occasion and that was one of his main goals, otherwise we would have never got as far as we have. |
Simon’s advocacy, information, plan formulation for smaller retail investors. One of the few people who truly, sincerely, and unselfishly advocated for is small investors. Thank you. |
• Pressuring the Celsius management team and the bankruptcy trustee. Dixon was a vocal critic of the Celsius management team and the bankruptcy trustee, and he used his platform to hold them accountable. He also filed numerous motions in the bankruptcy case to protect the interests of creditors. This pressure helped to ensure that the management team and the bankruptcy trustee were focused on protecting the interests of creditors and that the bankruptcy process was fair and transparent. In addition to the specifics above, I believe that Simon Dixon's overall involvement in the Celsius bankruptcy case has positively impacted the Debtors' Estates. Dixon is a well-respected figure in the cryptocurrency community, and his participation in the case has helped to raise awareness of the case and attract attention from the media and other stakeholders. This has created a more favourable environment for creditors and has helped to increase the pressure on the Celsius management team and the bankruptcy trustee. |
The simple act of declining to join in on the evisceration of value the creditors would receive in equity was proof enough that his head and heart are both aligned with the 'silent' minority, the common folk who were deceived and manipulated. Simon is also a creditor, and he was not going to let the debtors continue these injustices. |
Simon’s advocacy, information, plan formulation for smaller retail investors. One of the few people who truly, sincerely, and unselfishly advocated for is small investors. Thank you. |
Simon Dixon has demonstrated that he is an irreplaceable figure in the Celsius reorganization process. Simon Dixon is vital for victims/creditors to have faith in a reorganization plan going forward. |
He provided multiple different options to get out of chapter 11 by using Bitfinex an example. |
Please refer to the prior responses provided. Plus YouTube regular and timely podcasts, direct emails for those that subscribed. Stalking horse. Note. The process itself has been overwhelming, particularly all the awkward legal/financial jargon which I understand is unavoidable, but without Simon's help/explanations many probably would have just given up like some other Celsians did. |
Stalking horse. Negotiations and mediations. Engagement with community. Creditors as board obvservers. |
No meaning. |
Spreading exposure and aware about the whole Celsius debacle via tweeting, videos, etc. |
Kritisch volgen van alle voorstellen en plannen en hierover ook anderen informeren! |
Mr Simon Dixon has shown that through a new company there is an opportunity for creditors to recover their assets. |
Mr Simon Dixon has shown that through a new company there is an opportunity for creditors to recover their assets. |
Everything from fighting for better transparency, Storking Horse auction, Fahrenheit management fee reduction, approval of disclosure statement, better creditor representation and many other critical, time sensitive work to improve the rate of recovery. |
When he submitted a plan for his company to take over Celsius but was rejected but most of his ideas were copied by the final offer ( Fahrenheit ) |
Simon has been the main factor in competitors bidding for the process Also his actions changed the composition of the board and oversight ing the company I. The future. |
As perhaps the largest creditor and a victim of direct embezzlement by Alex Mashinsky, Simon's leverage with the debtor was significant. His restructuring architecture model was the one adopted by the debtor, UCC, and most of the bidders. Simon's influence with the debtors on the back end kept a significant portion of the estate with the creditors. I felt the UCC was inexperienced in dealing with this situation. Simon's contributions aided in resolving issues in a reasonable manner. |
Provided above . Summary : from start to,finish Simon has touched every aspect of the discovery , education and proposing solutions for each aspect of the different types of claims. |
again the stalking horse bid, the debt tokinization from celsius just like the case with Bitfinex, I hope I understand the questions, I am from the Netherlands and althought my English is not that worst I have the feeling some questions are not so different from each other |
he was very open with everything what happens and was the only one who was talking about it |
Simons ability to use past bankruptcy recovery examples to inform an intelligent way forward specific to the unique and complex Celsius case, provided a base that was undeniable. Again the ‘Stalking Horse’ implementation was pivotal in exposing predatory players and practices. His constant call to action regarding complete compliance on all regulatory fronts, and the lack thereof, that played an obvious role in the wanton brinksmanship that Celsius perpetuated! |
All of his videos and twitter spaces really were the most valuable thing for the everyday creditor - knowledge is power. Unfortunately his financial literacy when re-engineering these types of situations was entirely let down by an inflexible/inadequate US bankruptcy system filled with lawyers who were very good at their job and thus played the situation out to THEIR benefit and not all creditors. |
SIMON WAS AN IMPORTANT CONDUIT OF INFORMATION BY PROVIDING UNBRIDLED ACCESS TO COURT PROCEEDINGS THROUGH HIS TWITTER FEED/HANDLE AND OTHER MINUTIAE IN BYTE SIZES AND AIRING VIEWS AROUND CELSIUS' CHAPTER 11 SAGA IN WAYS MSM (MAINSTREAM MEDIA) WERE NOT ABLE TO. HIS ROLE AS AN OBSERVER ON THE NEW CO'S BOARD IS BOUND TO HAVE THE SAME EFFECT SINCE BAD ACTORS ARE UNLIKELY TO BE BRAZEN IN THEIR ACTIONS IF A SOMEWHAT ETHICAL & RATIONAL OBSERVER CAN HELP KEEP THEM IN CHECK. |
In my opinion, Simon has strong relationship with those involved in the case, allowing to advocate on behalf of the creditors |
Simons multiple video series set out in his view `what had to be included` in any recovery strategy. Strategies adopted by Simon and his team had to constantly evolve and adapt to not only the changing landscape of legalsied securities offerings but more so to the investigation into Celsius; any Newco and the slow painful bleed of financial information on the state of the Estate. Via his video series, Twitter spaces/posts mediums, he blatently highlighted the outstanding and time sensitive concerns that creditors; thereby the UCC, Celsius and the relatively inexperienced legal advocates (re digital assets specifically) must address at specific points re a legal securities Newco recovery. This included the unique aspects of digital assets with regards to the legalised holding, staking or investment of securities. Simon Dixon and his company bnktothefuture have an almost unique insight to this, having been the vanguard to this form of investment. |
If Simon had not secured a position for himself, Joe and Bret as Observers to the Board, I would have voted against the plan due to insufficient Creditor representation. I voted yes because of the Observer appointments. |
Having creditors call in for advice |
I think the high approval rate that the plan had, has partly happen because of Simon contributions. He tried to explain the process early, and it was much easier for creditors that follow Simon to do a more confident decision in the plan |
I think his Twitter and YouTube outspoken influence and leadership helped lead us to where we are now. |
Offering his place on the board and achieving three creditor observers represented in the board. |
His unrelenting ability to break down the topics and ask the right questions. |
as above |
Setting up a stalking horse auction |
Simon Dixon's actions and strategies have indeed played a crucial role in the progress of the Celsius Chapter 11 bankruptcy case. In my opinion, here's a summary of those actions and strategies that have contributed to the current state of affairs:
Market Understanding and Urgency: Simon Dixon's deep understanding of the market enabled him to advocate for urgency and fast resolutions or pivots. This proactive approach helped expedite the bankruptcy process and minimise financial uncertainties.
Separation of Activities: By facilitating the separation of Celsius' criminal activities from the legitimate interests of creditors, Dixon ensured that creditors' claims were prioritised and protected during the proceedings.
Proactive Involvement: Dixon's willingness to put himself and Bnktothefuture forward, even when not initially selected, demonstrates his commitment to helping others with the reorganisation process. This selfless contribution benefited the estate and creditors.
Reorganisation Plan: Dixon's input in crafting a reorganisation plan aimed at maximising the value returned to creditors showed a dedication to our interests. This plan likely improved the outcome for creditors.
Thorough Analysis and Investment: By investing his time, money, and efforts into reading all documentation and analysing the situation, Dixon ensured that necessary changes were made to keep the process focused on creditors.
Board Structure Contribution: Dixon's involvement in shaping the structure of the selected board responsible for safeguarding creditors' interests further demonstrated his commitment to achieving the best possible outcomes for creditors.
Overall, Simon Dixon's multifaceted contributions have been instrumental in steering the Celsius Chapter 11 bankruptcy case toward a positive trajectory, benefiting both the Debtors' Estates and the interested parties involved. |
Simon’s push for the Stalking Horse bidding process unquestionably preserved value in the Estate.
Also, Simon somehow made all parties understand that everyone had to work together and compromise in order for a solution to be reached. |
Bringing all of the ad hoc groups together to negotiate for a better outcome for all. |
Open and collaborative communication, & detailed investigation to the process and documents |
I don't have specific examples but please see my response above. |
Simon helped creditors understand that collaboration was more productive for everyone than competition, and helped bring support to mediations and settlements. |
I have not followed the specifics closely enough. |
Again, his constant communication, judgement & explanation ensued creditors were in a position of knowledge & he & his company were doing what they could to help the UCC & the judge understand possible outcomes. |
He put himself on the frontlines with video coverage |
#DEPOSITORSFIRST = Fair play. That means the world to people like me. |
Reorganization of the estate |
This question has been answered in the questions above. |
Fighting for the stalking horse |
See above |
Communication Champion with Podcasts & AMA's Shared options and ideas with creditors and spent his own $ to obtain experts to support the community |
Simon Dixon’s continued positive energy deployed towards an equitable solution for all debtors was truly impressive. Even under personal attack he would chose to take the high road. |
Simon always did a deep dive into all the documentation, including getting his own team for additional due diligence, communicated the summaries, issues and proposed resolutions in plain english so that any normal person could understand them and advocated for the best practical compromise that would benefit the creditors |
All the Twitter spaces he was involved with |
I would say that Simon was able to organize and galvanize support for the plan reorganization and crypto asset distribution in a manner that I could both understand and support. |
The almost weekly biweekly educational videos and Twitter/X Spaces, and related information; the Stalking Horse, an dmany others. |
I can't say, since he couldn't talk about a lot of his actions and strategies because of NDA's. |
His personal time and resources creating spaces with creditors |
Simon Dixon worked very hard to educate all involved on the reality of the situation and the rules under which fell under as part of a Chapter 11. This helped people recognize that we were all better off to work together to agree on a plan to get out of Chapter 11 as quickly as possible, and that every group had to be flexible and compromise for us to reach an exit. Simon Dixon then fought and fought and fought as hard as he could to not let creditors be taken advantage of and to get the best possible deal that the circumstance could allow. |
The stocking horse |
Just being open and truthful ( my opinion). Simon lost more that most in dollar terms even though his was risk capital. Others lost substantially less in dollar terms, but their investments were life savings and they pay the price of uncertainty with health, distress and mental issues that can´t be measured economically. |
I think the idea of having board observers and Simon being one of them helped a lot of us to feel better about the NewCo idea, given that nearly nobody actually wanted it, we just wanted as much as possible of our crypto back. |
Simon created a move on the internet, In the beginning, he was hated but he was the person who created a movement that got all the creditors together and as I see it got us back a substantially better deal compared to if we had been trying to proceed in different groups. |
His being honest, true and transparent throughout the process |
Working with the debtors to initiate the Stalking horse bid. Offering countless time and resources to want to be apart of this restructuring to drive the best outcome for victims. Staying involved with the community to provide assistance and updated information. His involvement and willingness to step up and take on the leadership role has " in my opinion " been absolutely critical in generating the best outcome possible for all victims. |
Getting creditors to pledge their estate claims to get a louder voice to get board observors as part of improved governance of Newco to align with Creditor interests to maximize estate value in Newco. |
The well produced video series and Twitter spaces kept creditors and even regulators and UCC members abreast to the demands of the creditors. |
Early in the process, Simon provided a detailed framework of how Celcuis could be effectively restructured. This framework led to the stalking horse bid and eventually the current recovery plan. |
The stalking horse competitive bidding process, getting a settlement between loan and earn groups, and getting more creditor representation on the board. |
Simon’s push for the Stalking Horse bidding process unquestionably preserved value in the Estate.
Also, Simon somehow made all parties understand that everyone had to work together and compromise in order for a solution to be reached. |
His constant effort for the work |
above |
1. Stalking horse Bid; 2. More creditor representation in the Newco; 3. Suggestion to exchange all tokens for BTC, ETH and Stable coins. |
the Stalking Horse Auction was originally going to be much more expensive. The original cost was going to be 1 billion held in assets. Simon helped get the cost down to $450 M, saving the debtor estate $550 M, improving the recovery potential for creditors. |
I thought Simon Dixon's YouTube video's and twitter spaces were very impactful. |
Likely, the single, biggest impact to the Debtor's Estate in the Celsius Chapter 11 bankruptcy case is Simon Dixon's indefatigable leadership.
By bringing depositors and other creditors into public, web-based discussion, Simon established a critical network to drive the bankruptcy process forward in an efficient way. These meetings served to be a marketplace for ideas, debate, and collective alignment toward the common goal of a chance for creditors being made whole through building a NewCo out of Celsius' ashes.
Such a forum exposed Simon to unwarranted attacks and abuse, yet he persisted and maintained focus on his goal to help people make the best recovery possible.
Going beyond, Simon continues to use legacy media and the Internet to educate and inform creditors and the public to the process. This will aid in attracting outside investors to NewCo when it does list on an exchange.
Combined, these actions by Simon Dixon built a majority of creditors who are engaged, informed, and unified in vision. The statistics from the bankruptcy plan's election reflect that and portend promise toward a successful conclusion to a bad situation. |
Pushing for the stalking horse bid. |
as above |
See below |
Direct Engagement with Creditors: Unlike traditional professionals who might have maintained a formal distance from the everyday creditors, Simon Dixon established a direct line of communication with them. Through Twitter live spaces and regular video updates, he made himself available to answer questions, provide explanations, and discuss the ongoing case in a manner that was both informative and accessible to a lay audience. Demystification of Complex Issues: The bankruptcy case was laden with complex legal and financial intricacies that could be daunting for the average creditor to navigate. Simon Dixon took it upon himself to break down these complexities into digestible information, thereby empowering creditors with a clearer understanding of the unfolding scenario. Real-Time Updates: The real-time nature of the updates provided by Simon Dixon was a distinctive feature. Through live sessions and timely video updates, he ensured that creditors were kept abreast of the latest developments, which is a level of real-time engagement that seemed to be lacking from other professionals or entities involved. Community Building: By providing a platform for discussion and engagement, Simon Dixon fostered a sense of community among the creditors. This communal space was instrumental in allowing individuals to share their concerns, learn from each other, and feel supported during a challenging financial ordeal. Advocacy for the Underrepresented: Simon Dixon emerged as a vocal advocate for the smaller creditors, a segment that often finds itself overlooked in such legal proceedings. His advocacy ensured that the voices and concerns of a broader spectrum of creditors were heard and considered. Online Content Creation: The sheer volume and quality of content generated by Simon Dixon stood out starkly. His dedication to creating a reservoir of informative content was not only unique but also invaluable in keeping the creditor community informed and engaged. Transparent Motivations: Despite having a significant financial stake, Simon Dixon's actions seemed to be driven by a genuine concern for the creditor community. This level of transparent motivation was refreshing and instilled a level of trust among the creditors. |
I have listened to several of Simon Dixons reports, but have not tracked his work the past 6 months. During the times I attending his online reporting sessions his approach always seemed to represent options for the most reasonable solution for everyone. The most significant details to me was that Simon never seemed to be chasing a fragmented agenda or one that would only suit a smaller preferred clientele, but rather he would seek the best solutions to bring some value back to Celsius holders with the possibility of regaining fair market share to the masses. |
Direct Interaction with Creditors: While other professionals in the case maintained a layer of formality, Simon Dixon opted for a more direct and approachable interaction with the creditors. Utilizing platforms like Twitter live spaces and YouTube, he availed himself to answer queries, clarify doubts, and provide a running commentary on the case, thus bridging the informational gap between the legal entities and the everyday creditors. Simplification of Complex Matters: The bankruptcy scenario was laden with legal and financial terminologies that could easily overwhelm the average creditor. Simon Dixon took on the mantle of simplifying these complex issues, thereby providing a clearer lens through which creditors could understand the ongoing proceedings. Timely Updates: The promptness of Simon Dixon's updates was a standout feature. Through his live sessions and regular videos, he made sure creditors were informed about the latest developments as they unfolded, a level of engagement that seemed unparalleled compared to other professionals involved. Creating a Community Forum: Simon Dixon's interactive platforms morphed into a community forum where creditors could share their apprehensions, insights, and find a sense of camaraderie during a challenging financial phase. This community-building aspect was a unique service that went beyond mere information dissemination. Championing the Cause of Smaller Creditors: Stepping into the shoes of an advocate, Simon Dixon highlighted the concerns of smaller creditors, ensuring their voices were not drowned out in the legal cacophony. His advocacy provided a semblance of representation to those who usually find themselves on the fringes of such proceedings. Online Information Repository: The breadth and depth of content Simon Dixon generated were distinctive. His relentless effort in creating an online repository of informative content was not only unique but served as a crucial resource for the creditor community seeking to understand the ongoing case better. Transparent Undertakings: Even with a significant financial stake, Simon Dixon's endeavors appeared to stem from a genuine concern for the creditor community. This transparent approach in his undertakings fostered a sense of trust and respect among the creditors. |
Not sure |
Simon's action of sharing his work efforts, strategies and constant updates on YouTube and Twitter and with all the creditors who were/are being rug-pulled by Celsius management was a stroke of genius. His willingness to share his stategies, his voting, his knowledge of the court process was the motivation I needed to stay engaged in the process to recover my assets. IMHO I feel there are thosands of creditors out there that have experienced the same beneficial impact from Simon's communications and asset recovery knowledge. |
Simon has provided recommendations to the board on how to return the assets to creditors by distributing the coins together with the new co's shares to the creditors, which is a more sustainable way compared to winding down the company. |
Creating the 7 series video outline what needs to be done in order to have a successful bid, maximise funds and get celsius out of chapter 11 which he released for all other bidders to follow and assist in getting the best bid. |
No, sorry |
I believe Simon Dixon was instrumental in Mashinky's arrest (Mashinsky should have been stripped of his duties and arrested shortly after bankruptcy was declared and not more than one year after) and in getting the different debtor classes to agree on a plan to get us all out of bankruptcy. |
I am a creditor, not debtor, not in a position to talk about the debtors' estates. |
he helped me figure out how to vote yes for the plan and move forward |
he put a plan to recovery the company. the other just tried to buy the coins for a cheap price. he has been honest and transparent. we do not know if UCC is getting any additional benefits from their actions. who knows ? Simon should be in the board or in control of what happens in this NEWCO |
Gathering and Galvanising experts for the community. Entering a bid to influence all future bids. Running twitter soafes for the community. Update you tube videos. Explains clearly his strategies for voting for me to consider in planning my vote. |
I think a lot. But I am not financial people, so can't elaborate. |
Actions are too many to describe. Without Simon I am sure we would not have had a plan and had it agreed on my the majority of debtors. Just hope that the judge has the good sense to sign off on it.🙏🙏🙏 |
The videos . The road map to recovery, and incorporating the Twitter platform as a discussion board |
Twitter Spaces. |
I think it was his ability to create a following and an email distribution list, as he was able to prove that we had a strong voting presence and should be listened to for our joint desires. |
He fought against a few bad plans, and pushed the whole situation into a better situation for small creditors like us |
His understanding of the regulations. |
Just being involved with bidding and in any way that he could. |
I believe Simon Dixon saved people's lives because of his dedication to getting the best outcome for creditors. |
Organizing the Twitter spaces, employing all parties to discuss and debate, and summarizing in his video presentations. Educating us creditors and lobbying on our behalf. |
His strategy's his transparency and sincerity. He shared as much information as he could with all creditors, though he might be able to gain advantage by keeping information to himself. He could buy assets at low price but he chose not to. I believe most creditors can see from his continuously and tirelessly work that he really did all this for creditors. I don't know how many but I believe most creditors follow his direction. And this should 've affected the voting result and then the restructuring direction in the future. |
Getting earn, loans on the same page.The CEL token issue was finally settled |
Nothing |
Limited as time to complete this form |
Galvanising the communities (Loans,Debtors, litigators) to come together and approve the plan setting aside individual claims. |
siehe oben.. Durch die Grösse seines Portfolios (>250 Bitcoin) fühlen wir uns gut vertreten. |
- |
Stalking horse, Plan for Newco, Earn ad hoc and Loan ad hoc agreement |
From your experience, how would you characterize the uniqueness of the contributions provided by Simon Dixon in the bankruptcy case, particularly in comparison to other professionals or entities involved?
Provided great clarity of the current situation in immense detail |
As above |
I didn’t think we’d ever see any return. Simon has driven us through. |
Unique and appropriate. |
He made things understandable that wouldn’t have normally been. We don’t understand all the leafs speak but he broke it down for us in a digestible way |
Was a voice while others didn’t dare to share anything meaningful. Just legal jargons |
going very public and transparent and talking to normal people like me again and again so I can understand and make an informed decission for myself without an expensive lawyer. |
The content provided which broke down and explained everything was hugely beneficial in comparison to other more generic bankruptcy email messages and lengthy documents that very few actually read or understand. |
Obviously the stress of significant losses created some animosity in the community but I felt Simon managed those competing interests well. |
Tireless effort and communication to the masses helped ease the stress of the unknown |
Simon has put his neck on the line/ head above parapet for other people . Honest genuine guy you can tell |
I know the education that Simmons gave me through all of his videos and emails was free. I don't know of any other stakeholders or people that were criminally bamboozled that did the same. |
More focused on coordination. |
Vital I would have been in the dark and no idea what was happening with my claims |
only one other person i felt gave good unbiased information and that was arron bennet |
Simon Having substantial “skin in the game” subject to the plundering of Celsius owners |
I don't know anyone I would trust more given his proven record in the space. |
I feel very very lucky |
Very unique and informative! More active and way more professional than ANY other individual involved in the Celsius case. |
Simon is high integrity person and his goal has been to create the best resolution of this bankruptcy for the users. His experience and authority put pressure on the professionals and Celsius to reach a resolution expeditiously. Simon created amazing educational videos on YouTube to help users be informed about the bankruptcy process. |
Full time involved and helpfully |
Gorgeous |
I have never felt so left behind, simon and many of his videos and spaces made me believe there was an alternative. I felt like I was not alone. |
Other professionals were entirely self-focused (with no community benefit focus). Simon had his personal interest (always disclosed), but was on a mission to benefit the entire creditor class (and he did). |
Simon's advocacy and recommendations were the only ones throughout the entire process that were genuine, non-self-serving, and open. |
Simon has spoken through then lens of an insider and while not revealing commercially sensitive information or details restricted by the court, has guided creditors through the multiple points of consideration. Bank2thefuture was able to present successful examples of how creditors might learn recover from Celsius failure and offered a viable path to creditors being made whole. While the court rejected the plan proposed by Bank2thefuture Im sure elements of it were copied by competitors to improve their pitchs’. |
Was more focused on ensuring a fair amount was returned to us |
Expert |
Personal touch made me trust him more. |
Tweeting a summery of the court hearings in real time was really helpful . Being one of the main creditors meant his goals were aligned with mine, albeit with a different degree of exposure! Similarly I want a high risk high return outcome as I had written the whole amount off in my head once it went into bankruptcy. |
He was concerned about the overall outcome not his fees on the deal |
It is unique and that is never been accomplished or produced this way in the past |
Simon Dixon offer substantially greater service that the paid professional. UCC did the bare minimum while they are suppose to represent the creditor. Simon kept us in the loop for one and a half year and counting. |
The fact Simon had “skin in the game” was extremely reassuring and key in understanding his motivations |
The one thing I appreciate the most about the services provided by Simon Dixon is the fact that he offers me as an investor, the chance to own my assets without any counter party loss and full autonomy. Knowing that Simon has applied for the appropriate Licenses to operate his business means everything. |
He was unique because of his experience. He has been around crypto for a LONG time and invested in many of the unicorn companies. His unique experience combined with his helpful attitude is really hard to find. |
It was incomparable. Simon was relentless and finally reached the point of getting support from those who initially did not trust him at all. |
His crypto knowledge and btf experience allowed him to guide us |
He has personally put the Creditors first above the professionals, some of whom made gains at the expense of the Creditors. |
I would not talk about other professionals who are dragging the case and collection BILLIONS ;-) But mr Dixon really is pouring his heart out on this one. Thank you mr Dixon you from guy that his first job was at 8 (selling sodas), never quit, learn my stuff, grew and somehow made it here.. just to get mugged by a billionaire SOB. |
Not many people have the business ability to understand and explain Crypto fraud. |
No one, I mean no showed up and put in the relentless hours to work for the good to all classes of Creditors not to mention without any pay. Unlike the millions of dollars paid to attorneys! |
Well where others got stuck in namecalling and personal stuff, the services of Simon where real and transparent about the issues at hand. |
Very sincere, professional and never wavered from his moral North Star Compass. |
He was in communication with everyone involved and tried as best as he could to give us updates on the process. |
In my opinion, Simon's been the ONLY professional who has properly communicated to creditors, and behaved consistently ethically and professionally. |
Simon clearly understands the community value nobody else gives a f*ck! |
Tenacity, open communication, actually caring about the creditors. |
Peace, Love and Unity, seems like a top Man. everytime some one tried to discredit him, He came back with Truth, Calmness,Professionalism and sometimes a Bad shirt |
Closeness and affection with retail creditors |
He was available with videos and Twitter thoughts and comments. |
I don't know ANYONE else that has this sort of understanding of this business. |
Simon's insights were extremely valuable. I happen to be apart of the FTX bankruptcy as well. I've not found anyone who has championed the FTX cause of educating investors on what is happening and advocating for a path forward that is in the best interest of the creditors like Simon did. There is a large information and knowledge gap in the FTX case that in the Celsius case, Simon helped to fill better than anyone else I've come across. |
This is the 21 century everything is done by multimedia . Simon excelled in providing us creditor's info . We rarely heard from the UCC or celsius |
Putting his entire playbook out for others to copy, putting his bid through his company as an option and being the main source of information through social media differentiates his contribution from others if there were any |
Simon was attacked relentlessly by entities on social media, he rarely reciprocated with negative attacks on others and instead stayed focused on the best outcome. Almost all of Simon’s predictions came true. |
He was one of us - a creditor He did not financially benefit from his involvement and efforts like the lawyers and others involved in t he process |
Simon was the only presence that educated the layperson, even when I listened to the UCC and Fahrenheit presentations they were not as straightforward and genuine as Simon's. He built a space for the Celsius community when we were thrown out of our old home, spoke to us gently yet truthfully, and created a sense of harmony among the group as best as anyone could have. |
Simon was my go-to influencer for detailed insights on the bankruptcy proceedings, blending multiple expert opinions seamlessly. |
I can sense Simon's unwavering dedication and complete focus on ensuring the success of this endeavor. I have full faith in his commitment and believe in his ability to achieve a positive outcome. |
Unfortunately, I've been part of numerous bankruptcies and this one was unique due to Simon's efforts. The lawyers were held to task, they were restrained from bleeding us dry, he brought all groups to the table to find compromise. I firmly believe that without Simon, we never would have made the deal we did and would have been lucky to get back 10% total of what was stolen from me by Alex. |
He put the interest of the general retail creditors above his own. |
Being a highly educated individual with substantial wealth, and a significant amount of money caught up in the bankruptcy put Simon in a unique position to educate creditors, guide them through the process, and drive towards a resolution. Simon was able to do this in a unique, calm way. He never came off to me as someone motivated by money alone. He genuinely seemed to want to help all creditors, not just himself. This was the exception in this case, as many creditors put themselves and their own personal financial interests ahead of all else. Simon was able to get the pulse of the creditor community by engaging with all parties of that community, even those that publicly declared their hatred of him. There simply is no other individual in this case that was able to reach and listen to as many creditors as Simon Dixon. Not the UCC, not White & Case, Kirkland & Ellis, not even the Honorable Judge Glenn was able to accomplish for creditors what Simon Dixon accomplished. |
Gave concise analysis of what all the numerous documents meant. what was most important to pay attention to and what specific actions were needed and when. |
Simon Dixon is unique, in my experience, because he is willing to take the time to thoroughly go through the details and complex aspects of a given topic. He provides a forum via social media and you can tell he cares about people feeling better by comprehending what is happening. To me, that is pretty unique in the world today. |
From my experiences observing the process Simon Dixon attempted to remain, explain things as honestly as he could, calm, reasonable, professional, and of sterling integrity at a time when others - well lets just say future court cases will adjudicate the degree to which other actors were professional, of sterling integrity, forthright and truthful in contrast. |
Simon was incredible to take so much time and to help explain everything. |
I reflect upon the square root law 10 people do the work of 100…Simon was the 10. |
Him holding off on being in any part of an official Celsius company committee until now despite being a large creditor, shareholder, and just knowing the company from the inside gave creditors far more information and transparency. |
He had a unique position and voice in the bankruptcy process. I’m very grateful he was involved. |
Simon was very responsive to creditors questions and concerns, which personally helped me deal with emotions that were so often debilitating. |
I felt like the other 'professionals' were only looking out for themselves. |
He went far and above anyone else in exposing the intricacies of the case to the benefit of the small investor. |
He is way more interested in reaching out to the disempowered, elevating them, treating them as equal value in their humanity. |
Simon has always put the creditors first. He has never asked us for any kind of financial contribution. He has used his knowledge, experience and legal team for us whereas I always seemed to get the impression that other parties did not have the creditors best interests at heart. They seemed to be more interested in dragging the timelines out in order to gain more financial benefit for themselves. |
see comments in 5 questions before this one. |
He took a lead roll of fighting for creditors. His background qualifies him for this. I never felt he was only looking out for himself. He always seem to have all creditors interests aligned with his actions. |
He did it on his own dime and hits efforts helped all creditors in both the loan, earn and custody groups. |
The videoconferencing strategy was very effective in rallying the community to a successful choice of the Newco and hopefully will give the creditors the best chance of recovering funds lost due to the malfeasance of one Alexander Mashinsky. |
Mr. Dixon seems to be the only individual who truly cares about the creditors as opposed to simply making money. As far as I';m concerned, he is the most influential member of the Celsius creditor community and dedicated to ensuring the best outcome. |
Your thoroughness and thinking outside the box. |
I don't know of anyone else that worked so hard (in fact, worked at all) to explain the lay people involved as to what was going on, each stage of the proceedings |
His unwavering dedication to get the best outcome for creditors, not to mention the hours he must have put in to understand the situation. |
W |
absolutely unique |
Simon Dixon, with quite a bit of skin in the game and his long and meaningful history with bitcoin/cryptocurrency and established trustworthiness brought his voice, financial experience and leadership to the case in a manner that no one else reasonably could. |
From my perspective, no one comes close to the services of Simon Dixon who truly represents the best interest of Creditors. Let me say this. To hell with the self serving lawyers in this process who’s ridiculous fees came first and any client interest secondary. This process shined a light for me on a horrible legal system in the US designed to extract as much as possible from the Celsius estate to the detriment of innocent Creditors. The Chapter 11 process is a terribly flawed process that, in my opinion, has elements of legalized crime through predatory fees. How most of these people sleep at night I will never know. First we had Alex Mashinsky, and then the lawyers replaced him. There may be exceptions (David Adler), but I view most of them this way. |
He encouraged all creditors to participate in being educated and asking questions. I watched every video. Over and over again I was awed I was listening live to Simon, one of the top experts on Bitcoin in the world. He arranged for others to participate who are brightest and best in their fields. Live discussions on how to go forward when road blocks came up. I am so grateful for his tireless, comprehensive work that went into exploring every avenue to get the best recovery for creditors. He deserves to be a legend in this new world of finance. His leadership and education raised people from ignorance, shock, despair and hopelessness to an educated expectation that although there is some risk, good things will come from this plan. At the end of the day, I feel hopeful, and actually excited and privileged to be a part of the first fully licensed, approved cryptocurrency company in the world. I look forward to seeing it trading on NASDAQ. I am here for the long term. Thank you, thank you. |
If Simon hadn´t gone on youtube, I don´t think I had known anything about what was going on. |
Please read my initial statement. |
Being a fellow creditor and using open discussions between all creditors or any other involved parties via social medias live ( X spaces and Youtube) to reach mutual consensus and not adding up to the objections and more filings in court leading to a more efficiently effective process for all. |
Simon thru all this, has communicated openly with all of us his thoughts and his focused Vision ! |
Open, regular communication and commitment from a knowledgeable individual in this unique and relatively new financial field. |
Even Though. People like Otis & Alex tried to dis credit him he always answered all his critics |
it seems to me that he put in a lot of time and effort unselfishly trying to make celsius creditors to recoup their assets back in the best possible way. There were other companies that went into chapter 11 and the came out a lot worse off than celsius. i think we have to thank Simon and some other knowledgeable people for pulling out of chapter 11 the way we did. |
it was his honesty, when he couldn't speak he didn't, when he needed to educate he did. he put aside the grieving process of his father passing and came to the rescue of those of us who lost our life savings. |
The guy cares about us who we’re completely duped by the celsius management . Can’t begin to sum up how much time money and effort put in by Simon Dixon |
Simon is always very transparent and discloses his position and interests, and tries to give a 360 degree view so that all parties can benefit. |
Unique to get such a large creditors information and candidness. Also not very pushy, seems to be moderate/ independent for the most part. |
Because Simon was personally impacted it gave credibility to the info he provided. |
Honesty, patience, respect, and level-headedness. |
Simon brought a lot of knowledge to his videos when he was giving up updates on the bankruptcy process. |
Has already implemented a similar plan with bitfnex. Licensed and regenerate, operating in this space for years. He's the only person with the experience and credentials, and respected by the community. |
Dixon's YouTube Videos and Twitter posts were (almost) always informative and mainly aimed at retail. Second, Dixon being British (or non-American) helped him explain some aspects better. I wonder how many Dixon followers are non-American and how that compares per capita to all creditors. Third, Dixon is not a lawyer, and that also helped his exlanations. Fourth, Dixon has (almost) always been transparent. Finally, Dixon's empathy with the Celsius retail victims impressed me as genuine. |
Simon could prove publicly what he was talking about was true |
he has a vested interest in ensuring a good outcome for all parties |
Top class. I trust his words through his actions and loyalty and selflessness. |
Few if any professionals have Simon Dixon’s extensive and unique experiences related to this case would have chosen to do for the overall community what Simon has done! |
Increased Engagement: Simon Dixon's YouTube videos and live sessions garnered a substantial following within the Celsius community and among creditors. This increased engagement indicated that his content was both relevant and valuable to stakeholders in the bankruptcy case.
Information Dissemination: His videos served as a primary source of clear and accessible information about the Chapter 11 proceedings. They helped disseminate essential details about the case, including updates, legal processes, and potential outcomes, ensuring that creditors were well-informed.
Empowered Creditors: By explaining complex legal concepts and the implications of various actions, Simon Dixon empowered creditors to make informed decisions. This could include voting on restructuring plans, filing claims, or participating in creditor meetings, all of which directly impacted the Debtors' Estates.
Enhanced Transparency: The transparency he provided through his videos improved the overall transparency of the bankruptcy process. Creditors had a clearer understanding of how decisions were being made and how their interests were being considered.
Increased Participation: Simon Dixon's content likely encouraged more creditors to actively participate in the bankruptcy proceedings. This increased participation ensured that the Debtors' Estates had a more comprehensive view of creditor sentiment and preferences.
Efficient Decision-Making: The active engagement of creditors, informed by Simon Dixon's content, contributed to a more efficient decision-making process. Creditors were better prepared to make choices regarding the Debtors' Estates, leading to potentially quicker resolutions and reduced litigation.
Community Support: Beyond information, his content fostered a sense of community support among creditors. This support network can be invaluable during a complex bankruptcy case, as it encourages information sharing, collaboration, and unity among interested parties.
Positive Outcomes: The demonstrable impact of Simon Dixon's content might be reflected in the ultimate outcomes of the bankruptcy case. If the Debtors' Estates benefited from informed and engaged creditors, it could lead to more favorable resolutions for all stakeholders involved. |
His efforts involving countless meetings, videos and an ability to remain calm in the course of almost everyone involved losing their cool, Simon kept to the facts and brought the conversation back again and again for the community. |
Clarity Integrity |
No one else cared about the small, naive, creditors like me. |
I haven't seen any other person or organization that provided as much information as Simon Dixon. He was my most valuable source of information, even surpassing Stretto in providing important information in a way that I could understand. |
The only person I found that was willing to explain anything was Simon Dixon. |
1 of 1 |
I learned no one can be trusted with my money through this experience. Though may well be intended, greed takes over when opportunity for self-gain exists. Simon proved to be ethical and remained true to himself, which gave him so much support from all the Creditors. In the end, his integrity won over the respect of even his previous critics. |
Simon has previous experience of supporting companies that have issues on losing customer funds. For eg bitfinex. Etc. |
Invaluable, accurate, compelling, honest, altruistic, realistic, optimistic, |
Highly unique and valued |
SIMON IS OPEN, ALWAYS AVAILABLE AND RESPONDS TO INQUIRIES |
He is the best. |
He had no peer in his contribution to us all, both by Youtube videos, and in Twitter Spaces. |
Clarity and honesty |
Simon Dixon is always explaining the whole process, answering questions and fighting to get more creditors representation. |
He is a leader and he comes across as someone who cares. I believe that he was trying to help the creditors not just vilify the obvious bad actors. |
I have not seen anyone else offering the same type of input / communication. I have also not seen anyone else with his experience providing as valuable knowledge. |
I can’t speak to this I really don’t have enough information. One thing I’m sure of is that we were in a very vulnerable situation and a lot of people are looking to make money off of that situation we were in and I firmly believe that Simon did the best he could to help protect us from those unscrupulous people |
Simon was the most experienced person that I had access to throughout this fiasco. That he brought his experience to those that didn't know about this world was a blessing. I appreciate him and his efforts. |
Well Simon never preached a plan that only would have suited him. He gave unbiased advice that was clear, honest and based on actual knowledge/ experience he has gained. |
Exemplary honest and straightforward |
Yes, he has wholeheartedly helped creditors. I feel his love to help that I cannot feel from other professionals. |
Simon Dixon was consistently there every step of the way explaining everything and always trying to make sure everyone was involved and informed about what was happening. |
Simon was tireless in his efforts to provide information and support for all creditors. He went above and beyond what could have been ever expected. He owed nothing to us but chose to provide free information and all round support to those affected by Celsius. |
With Simon, there was no need to go anywhere else. It’s like going to see a band and being completely satisfied instead of having to spend 3 days at a festival hearing good and bad. |
Very methodical and committed to the process of helping creditors and sharing his knowledge with all parties involved. He was at our disposal almost 24/7 to address our questions and concerns regarding every aspect of this case. He went always the extra mile in his efforts which was largely recognised by the Celsius community. |
Always with full transparency, patience, knowledge, professionalism, trustworthy and warrior attitude |
Probably the only stakeholder with insight from the back line and exposure from the front line. Only agnostic professional during this process that wasn’t pushing for a single agenda but rather tried to optimize (and therefore compromise) to achieve the best outcome possible. |
Simon’s services were on behalf of all creditors. Specifically, he has the financial clout and relationships to have made himself sn insider, lobbying for himself. He chose to work in the group interest, as opposed to law firms and buyers that were primarily interested in their financial gain. |
Instrumental and crucial is how I’d concisely describe Simons services. Simon’s past experience, his knowledge in the industry , his work ethic , his concern snd care for all parties and providing everything he has done by bringing not just real ideas to a best possible outcome but bringing together thousands of people to learn and understand everything and providing social spaces with other key individuals in all this to give discussions, questions and answers etc |
his twitter spaces were the one place I could rely upon to get all of the facts, and trust I was being informed correctly |
Simon Dixon contributed his knowledge of the crypto space and an inordinate amount of his time with the Celsius debacle. Mr. Dixon produced numerous videos on social media and multiple e-mail correspondences to educate the smaller investors that were taken advantage of. He was a comforting voice in a very traumatic and devastating event for many investors. Mr. Dixon was not renumerated for the hundred's of hours he contributed to the cause. |
… the UCC left us hanging at every turn, Simon was there to explain/provide information etc. |
I greatly appreciate the effort Simon and his team put in. Simon spent a lot of money on legal advice, and a lot of time. |
I think he was always looking out for creditors by staying on the side of creditors. His depositors first campaign from the start showed his true colors with the goal to get back as much back from the estate. He generosity with his time as I listened to hours of twitter spaces because I did not have the time or money to go to his level of detail and effort. |
Dixon had one vested interest. To get to the truth of what happened to Celsius. As he had done with the loss of his father's investments. Lawyers wanted lawyer fees. Bankruptcy experts wanted distressed estate fees. Dixon although a large investor in Celsius speculated what he could afford to lose and as such even his own personal loss or compensation wasn't his motivating force. |
Simon was a human face. He spoke with sincerity and was actively involved. He took on the role of the being the unofficial spokesman of the proceedings and proved to be a pillar of the creditor community. |
Selfless and highly trustworthy. |
In this age of bullshit being the common form of information, I feel that I can trust Simon's information far more than any other that I have listened to. |
Trustworthy and knowledgeable as our voice in Celcius chapter 11 |
Wealth of knowledge in navigating n negotiating final deal |
Utterly unique. He has been the only one truly working for creditors in my opinion. |
Extremely unique. I have never seen anything like that . |
His level of commitment along with his knowledge of how things work technically, behind the scenes |
Aside from his regular YouTube videos explaining and updating everyone throughout this entire process, I don't think we would even know about the potential of an Officers' Insurance Policy that us creditors could benefit from in this entire process. Him laying out the significant losses experienced by others was also valuable giving us all perspective around how so many people were affected by this fraud. |
Simon is the ONLY person involved at this level. The definition of unique. |
The process was more open hence transparent, and it was clearly aiming at benefitting all creditors to the extent possible. |
well will have to see. I think he was transparent about what he was doing and he did not get caught- up in a big claw back witch i was paying clous attention to the people who did |
He has the exercise to dig through the problems and figure out what is the best for creditors his information was incredible helpful for hard working people he deserves A great recognition he is always looking for the best way to benefit the creditors |
Simon's was far more important and unique as we didn't pay millions of dollars to him, he was a public voice of reason that we otherwise didn't have, and helped immensely by bringing transparency to the process. |
I am not so knowledgeable to answer this question unfortunately. I refer to my answer above. |
Completely unique and a huge breath of fresh air |
For the average investor he made us understand the whole process in simpler language. |
Honesty, reliability, wanting resolve the issues and get on with it and stop the draining of creditor funds by Celsius and lawyers. |
It just felt like you had your own counsel, and someone to turn to. I have no doubt he saved lives. He provided a lifeline. Literally for some. Figuratively for all. |
Incomparable , we’d be lost without him |
I know of no one else who kept the worldwide creditors in the know about what was happening behind the scenes. He explained everything thoroughly and understandably, especially for those of us who don't have legal education or who have been through a bankruptcy previously. |
1) Simon is one of very few who has extensive experience in running a business in the crypto industry as well as saving failed crypto companies such as Bitfinex. Although there are many others who have experience saving traditional companies, I believe Simon is one of a handful with experience applicable to Celsius' Chapter 11 |
The fact that Simon has put in so much work and time for us creditors, and it's at no cost to us, is amazing. By comparison every other professional (lawyers mainly) involved in this process is milking the estate dry. His openness and regular communication is second to none. |
I haven't followed anyone else. |
He was relentless in making sure the creditors were top of the priority . He understood that a lot of us had our retirement funds seriously affected and he was tenacious in protecting every penny for us to benefit. I watched everything online that I could and it saved me a lot of stress. |
Simon Dixon's offerings, which encompassed educational media resources and the opportunity to engage in direct discussions with both Simon himself and the broader creditors community, stood out as an exceptionally distinctive service. This distinctiveness became even more apparent when compared to other professionals or entities involved in a similar context. |
He was the only person that actually helped and included everyone involved in this horrible situation. He did it in a way that made sure no one that wanted to be involved was left out. |
I believe he and Bank to the Future spent an enormous amount of time and money trying to get the best result possible for creditors. He was open with the public and provided detailed reason why he was doing what he did. I was and am very impressed with Simon Dixon. |
He helped by providing information useful to all different types of creditors. |
He was able to connect with lay individual and provide necessary comfort and continuous information to help creditors understand and be able to participate meaningfully in the the process up to this point. Other entities did this a slight amount but Simon's efforts were Herculean. Initially individuals did not know who to trust and his persistent messages that ultimately were correct helped unite the creditors. Early on he had to do this despite criticism and personal attacks. Ultimately as individuals understood this self sacrifice was appreciated by the vast majority |
What is unique is to have somebody with his vast experience willing to do about them selves 100% to the best not just for his best interest but to everyone. |
He is also a creditor. So he is whole heartedly involved in the process |
No one, except maybe Tiffany Fong or Aaron Bennett, had the calm, constant information stream, and integrity to tough this situation out to fight for the best outcome |
He learned what he did not know or found out as much about it as possible. He would then say this is not financial advice while trying to improve the situation for Creditors. Unlike most or all others, there was a level of civility that was infused and adhered to for the most part. |
unique |
I don’t think there is any comparison of a situation where one person has taken on so much to benefit others. Granted, he has a lot of $$$ on the line, but instead of just leaving it to his attorneys, he utilized the power of the “network” to make it a win-win outcome. |
He wasn't like the scammy, greedy lawyers. |
he's done a reorg before specific to crypto, he is a licensed and regulated securities company so familiar with how to operate above the board, he has INTEGRITY and continued to speak up even when he was being threatened by Alex and his cronies. |
Provided access to Bank To The Future. |
I believe we were lucky to have Simon Dixon involved from very beginning. I believe he and his team research provided valuable information that was implemented throughout this journey by everyone involved. |
N/a |
Probably never before happened in a potential bankruptcy/settlement case. I feel so fortunate to have had Simon working on my behalf. |
Outstanding individual |
He tried to get clarity to people about a process that was designed to grind the average joe out of interest in the whole thing. |
Alex was the ONLY trustworthy and dependable person that has the victims best interest at heart |
He can take the complex, and be able to explain it and simplify it for those without the financial and legal training required to understand this level of jargon. |
I felt like Simon to the best of his abilities tried to be objective and sympathetic to many Celsius creditors. |
He definitely went the extra mile, even though he didn't have to. From what I understand he forked out more than $ 1 million from his own money to hire attorneys that would assist him in obtaining the best outcome for all of us. |
Unique in that he asked for nothing but our attention. No fees of any kind or paywalls |
Outstanding efforts and really supportive, where I don’t witnessed any other party to even come close in trying to get any results for us, the victims in this case |
Time, dedication and as balanced as he could be to support not only his claim but to protect the little fish in the pond as well. |
Calm |
Simon has an excellent bedside manner, great persuasion skills, and is clearly a persistent and hard worker. I find him to have a kind and generous spirit as well. Most importantly, I think Simon sees the larger picture of what bitcoin means to humanity. Bitcoin *is* everything to the world, but most people just can't see it yet. It is easy to see when someone does something for a larger purpose, not just for the money. Simon is clearly motivated by a clear vision of a positive future where bitcoin takes a very large role in our well-being. That is the energy I see in Simon - clearly coming from a place larger than himself. This, along with the sense of duty he has demonstrated to the smaller creditors and the extensive experience he has in the bitcoin and crypto world - all make Simon the perfect advocate to have working on behalf of the retail investors. I support what he is doing 100%. Simon has been the go-to guy throughout the entire case. There really isn't anyone else I can even think of that has worked as hard or as diligently in trying to get this case resolved. |
Simon has an excellent bedside manner, great persuasion skills, and is clearly a persistent and hard worker. I find him to have a kind and generous spirit as well. Most importantly, I think Simon sees the larger picture of what bitcoin means to humanity. Bitcoin *is* everything to the world, but most people just can't see it yet. It is easy to see when someone does something for a larger purpose, not just for the money. Simon is clearly motivated by a clear vision of a positive future where bitcoin takes a very large role in our well-being. That is the energy I see in Simon - clearly coming from a place larger than himself. This, along with the sense of duty he has demonstrated to the smaller creditors and the extensive experience he has in the bitcoin and crypto world - all make Simon the perfect advocate to have working on behalf of the retail investors. I support what he is doing 100%. Simon has been the go-to guy throughout the entire case. There really isn't anyone else I can even think of that has worked as hard or as diligently in trying to get this case resolved. |
In comparison, very simple as there were no professional or entities involved who helped me in anyway! |
i have no experience to comment |
Engaging and serious. |
Can't tell exactly, I don't have any comparison. |
Simon seems to have good knowledge and experiences in the bankruptcy cases. |
I ended up following Simon Dixon the most. I did appreciate the ONE Stretto video explaining how to fill out the ballot. |
I didn't pay any attention to Stretto, Celsius, or any of the attornies. I relied on simon and I believe ings would not have worked out well if he had not stayed on top of things and asserted himself in the process |
not able to do so |
He offered the recovery plan , no one had mentioned such completed recovery plan before he did. |
No one else was did what Simon did for the community. Countless hours helping the community, reading through thousands of pages of documents about the bankruptcy proceedings, giving creditors a voice, standing up to the manipulations, intimidations, and continued harmful behavior by those who only wanted to continue exploiting and defrauding creditors. Some professionals stepped into help from time to time such as David Adler, but Simon was there working with and for creditors every single week since this nightmare began. |
I've gone through this sort of thing once with the MTI scandal where I lost millions (South Africa rands) & the support, dedication, thorough information explained in layman terms was fantastic. I really felt someone has my back!! Simple . Thanks Simon Dixon. |
I would reference my above answers, as someone who is untrained in the legal world, a lot of the phraseology and nuances are like a minefield, Simons breakdowns of the meaning behind what was being proposed was invaluable in me making a voting decision |
Because Simon has skin in the game due to his own investments, it has made him a very trusted ally. I am truly amazed by the generosity of time and effort to help all the other creditors to get out of this hell. We are in a world where most people fend for themselves. It is so refreshing to have someone fight not only for himself but also for the smaller fish in this case. That is unique in my opinion and is something I will take with my and carry forward in my own business. |
This is my only chapter 11 experience, and I hope it to be the last. Only followed Simon and Aaron Bennet. I am a millenial, if you wanna reach me hit me on the tube |
I needed to find someone guiding me through this process. I do not have the time or knowledge to follow the process. The Stretto team shared documents - impossible for me to make an informative/good decision as I do not know the Chapter 11 process. |
He had experience in so many different areas of finance that it was invaluable, and he was able to bring many different people together with different skill sets to help people not only feel better, but give advice albeit nonfinancial |
Timely |
Open , honest and transparent Everything he predicted 18 months ago has come to pass |
Simon was my main source of information during the entire process, where the others that I saw merely discussed his ideas. |
Simon spoke from the heart. Worked on this case during emotional time in his life with his dad passing. Simon demonstrated professionalism in hard time personally. Thank you for support your open and honest man |
Absolutely singular. Simon is without comparision. He responded personally to thousands of social media comments. He made dozens of videos. Hosted Twitter spaces to answer questions. He did countless interviews on other media outlets to make sure people were getting connected to the community and staying informed. Simon was simply indispensable and a completely unique actor throughout every part of this process. I have followed this closely, daily, since the moment the bankrupcy was filed, and I can tell you without question or reservation that there is no one else who has been involved who had offered such a unique and important service to this community and to this process. |
Only Simon Dixon seemed to have creditors interests at heart. Nobody else seemed to care. |
I cannot thank Simon enough for helping so many people navigate this complicated process. I could not have made sense of this bankruptcy process without Simon's help. He shared everything he could, including interpretations from well-paid counsel, which gave everyone access to information they otherwise would not have the means to get. |
As above |
I believe Simon Dixon is the only one with the experience and depth of knowledge, honor and integrity in the space that could have effected such a positive outcome.frrom the very begining |
i didnt see many other people putting so much effort into helping those with smaller claims and no hope of layer representation or the time / money to pay for that expertise. he has stuck to his guns and presented as a very consistent and impeccable person with high morals trying to chage the world for the better with bitcoin and i believe him . |
Continually fighting for the underdog |
There is probably no one who could have filled this role. Simon shares the interest of creditors as he is a creditor himself, he has expertise in the world of banking and cryptocurrency, he has direct experience with prior bankruptcy cases that are similar to this one, and he is an articulate spokesperson, able to communicate rationally and effectively with those on both sides of the case. |
he's not a scammer like mashinsky & the lawyers charging $350 million to refund our funds |
Simon was always transparent in his communication. |
Simon outshines all of them. No point in comparing. He is outstanding. |
It is unique kind of work Simon is doin |
Experience |
Simon has provided all of the services at no cost to the creditors. He has relentlessly and tirelessly contributed to this case without once asking for any fee. |
WHO would do this day after day amazing |
He was easy to understand present on Twitter, video format also helped a lot. In bankruptcy cases usually there are no faces, just lawyer's emails. |
Because Simon has long history in the cryptocurrency bitcoin world, and he has such a strong reputation, a good reputation. He stands out among many well-known professionals that are involved even though there has been others that have contributed, I would say Simon really orchestrated the communication platform incubus will install the long way. |
He has shown in a clear way his voting strategy, which gave me a better idea of how to vote |
Without Simons’ involvement I believe we would not be where we are now, where there is a plan to exit chapter 11 pending judge approval. He has given hope for creditors in a time of distress, myself and many creditors appreciate the time and effort he has dedicated to this and only know some of the pressures he has had to endure with providing this free service from the very start of bankruptcy. |
The only trustworthy guy! Because of his galactic knowledge of banking and securities based on his career and running Bank to the Future, he seemed to be the only person who knew what he was talking about. |
Simon is the only entity reaching out to creditors by common channels of information. I'd personally have to hire an advisor or legal to understand the process. |
Simon spoke in simple terms and kept us creditors informed. He created a movement. |
Highly detailed and informative with sometimes very technical description of events which were easy to understand. |
A beacon for the little man on the street. |
As a fellow creditor, who lost funds, as a consequence of the mismanagement of the Celsius group of companies, Simon Dixon really went above board to organise in group together, the community of creditors, and to fight for an outcome that would best service all. in his capacity as creditor one can presume and I do that his incentives and intentions were most aligned with that of us as credits. he showed on multiple instances that his ation in being so engaged was not for financial gain other than any financial recuperation that would be applied to the creditor base as a whole.
Additionally, his experience with cryptocurrencies and illegal ramifications both in terms of compliance, and in terms of the related tax obligations also helped deepen the understanding of the necessary yet intricate issues that needed to be clarified for the bankruptcy process to move forward. |
Saved millions by reducing managment fees |
Simon was willing to do all the heavy lifting on my behalf and I trusted he was not just interested in his claim, but mine and all of our claims. |
Simon has creditor interest in mind and exercises moral values. |
Simon has act has the all creditors were as relatives of già family. He realize that alone he could not obtain from judge what he wanted |
He was the glue, the pillar, that held members together in a process that could otherwise could have turned toxic and led to the cannibalizations of the whole equities by unscrupulous characters. He advocated for unity and agreeing to disagree when it matters in order to forge ahead and get speedily out of this Chapter 11 process |
The determination, intelligence, speed/time and quality of services Simon and his team provided is unprecedented. Even when Simon's was in mourning when his father passed away, Simon still was there for all of us. |
I would describe Simons uniqueness of services by applying himself to the grass roots level to the very top. I believe Simon's service is unique because speaks well and has different motives and desired outcomes. Simon acts on his best interest but only if it benefits creditors. |
I would describe Simons uniqueness of services by applying himself to the grass roots level to the very top. I believe Simon's service is unique because speaks well and has different motives and desired outcomes. Simon acts on his best interest but only if it benefits creditors. |
I like the way how he is communicate with us as creditors. Most of the creditors don't have experience with chapter 11 cases. |
I haven't had to deal with any of the bankruptcy cases before and I had trust in Celcius. I am hopeful and feel Simon is doing what's best for us as creditors. |
He was the only one I trusted from the beginning because his actions clearly showed that he genuinely cared and had the best interest of the community in mind. |
To many creditors like myself, he has been one of the few voices of reason in an emotionally charged atmosphere caused by financial loss. He has consistently provided factual content and always seemed to be fair and impartial, even when others on the process have launched vicious personal attacks on him for their own reasons. This must have caused him stress and upset, but he has continued to inform and educate for the sake of other creditors ....he has been a real hero of the process! |
Unboased, neutral, well-researched |
Extensive use of social media to bring creditors together with experience experts to teach and inform on relevant bankruptcy topics. |
Simon has been involved in the Bitcoin / Crypto industry from the beginning and has a depth of knowledge and experience which is second to none. His behavior and conduct has always been exemplary and has conducted himself with compassion for others, with honor and integrity. |
He stood out as the voice of creditors, of the thousands of people affected, being a true leader, tireless and truly concerned about people. |
Easy understandable “dummes down” for non lawyers |
Anticipation of what was happening next, clear explanations of the state of facts |
The key difference with what Simon did and what other professionals were doing (but not all), is that Simon did it all for free, and he was 110% passionate about the cause, in identifying what was right and what was wrong due to what happened to his father. It is totally tragic what happened to his farther financially and due to the timing of Simon's loss it almost became a calling for him. No other individual felt this way. This was clear to me right from the start and hence I put my trust into Simon then and going forward. |
He had the most of anyone's skin in the game. |
Simon has been vocal, always present both on many livestreams on youtube and on countless spaces on twitter. He's been answering thousands of questions put by creditos live in spaces on twitter as well as in tweets. He's been crucial in keeping the creditors from unnecessary infighting which in turn has led to ch11 process mostly proceeding undisturbed. After the plan disclosure which made most of the creditors disappointed in regards to the make up of the board of newco he was instrumental in bringing forth a change by implementing board observers. He's also been working closely with the UCC behind the curtains in order for them to acheive the best possible outcom for creditors. Additionally, he's been putting people in contact with each other and mediating between parties as to avoid misunderstandings and conflict. |
Exceptionally committed with strong ethics. |
His thorough analysis and knowledge were unbelievable. It was a very confusing time for us creditors and he gave me peace of mind that things would work out for us. |
Simon has been vocal, always present both on many livestreams on youtube and on countless spaces on twitter. He's been answering thousands of questions put by creditos live in spaces on twitter as well as in tweets. He's been crucial in keeping the creditors from unnecessary infighting which in turn has led to ch11 process mostly proceeding undisturbed. After the plan disclosure which made most of the creditors disappointed in regards to the make up of the board of newco he was instrumental in bringing forth a change by implementing board observers. He's also been working closely with the UCC behind the curtains in order for them to acheive the best possible outcom for creditors. Additionally, he's been putting people in contact with each other and mediating between parties as to avoid misunderstandings and conflict. |
He makes it understandable and manageable for the ordinary people who has very limited understanding of financial law. |
Simon Dixon shared his resources with everyone. This helpful information which I received otherwise would be unaffordable by me. |
I have heard of no other person or entity that has been involved in or communicated about the Celsius bankruptcy and reorganization plan. |
His prior experience in similar instances gave him the foresight to anticipate everything that did indeed unfold in the end. If it were in his hands the UCC would be in a much better position from the beginning |
Transparency was a unique experience in itself. Adding to that the out the box thinking and actioning on the positive has lead us to a potential return of some funds and equity in the NewCo. Simon used every tool available to add value and drive a positive influence on the ch11 |
In my opinion, the distinctive feature of the services provided by Simon Dixon during this bankruptcy process was his unique position: a certified creditor, a shareholder in the company, a YouTube channel host. While his position isn't entirely free of interest, as it allowed him to leverage the interest of a unique follower base (some of whom were desperate due to their involvement in the process), it is a less legally constrained position compared to that of other professionals and entities involved. |
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Not many, if any, people with the expertise, money or 'clot' would have taken the time or devoted so much of their energy & personal money in to representing or fighting for others like he did. A truly selfless & unique person IMHO. |
In my opinion he the most dedicated entity on this case; he has created many videos and frequent summaries in order for the every day guy understand what's happening (complex topic) in a simple way. |
Simon's empathy was critical. He was diligent in going the extra mile to make sure helpful information was available to everyone, and this was critical for me to stay calm. |
I found Simon Dixon to be very thorough, open, honest and clear with the information he provided in his video updates |
The answer above starts to answer this. In a bankruptcy procedure, as one of many creditors, you would be hard pressed to find representation. Simon represented us, no one else. |
Simon is a creditor. He saw the myriad of issues from a creditor's perspective. He is one of us. |
Transparency compared to the UCC, which seemed like a black hole at the time. |
Simon Dixon is widely recognised as being almost unique in that his thought processes and his open presentations to the public and creditors are honest & pure to the point of financial `self harm` and personal rebuke from a minority. His integrity over what is right; correct and for the greater good will take precedence over loyalty to a company or individual. This would no doubt cause many ruthless businesses to `shy away` from his inclusion as to fear of a complete open and transparent decison making process. He sees quite correctly that math & finance is black & white or right & wrong and will argue to the point of self detriment when he sees an aspect of Newco recovery that is `right` for all creditors An example of this is when bnktothe future spent approximately ten million pounds to submit an initial bid to manage the Newco. This was not in his or his own companies financial strategy but he believed it a necessary duty to help and recover the estate. On not being successful and having no feedback, he provided his own sense to his proposal as bnktothefuture not being a USA centric based company. He took satisfaction in the knowledge however that many of his proposals in his bid were subsequently adopted regardless. |
Honesty, trustworthiness and experience |
Simon has been there with with the creditors, providing frequent and sometimes weekly updates on the process. He's spent hours at a time supporting creditors on Twitter Spaces answering questions with great patience and sometimes great tolerance. |
The uniqueness of the the services provided by Simon relate to: 1) his unique experience and expertise which qualify him particularly for these services. 2) His ability to communicate clearly about complex matters. 3) His ability to make this information accessible through channels like YouTube. 4) His stake in the matter which gives him incentive to get a good outcome for creditors, in addition to his integrity to fight for what's right. |
For the most part, independent outside view. Simon was just like all other creditors. Someone who has been duped into a scam. Simon understands the space and has a unique and powerful voice to represent the wider people |
Simon was very open and gained the trust of most creditors by showing integrity throughout by wanting the best for creditors. It also helped that Simon is one of the largest creditors so our interests are aligned. |
Passionate, honest, integrity - beyond 95% of actors in this space. |
Simon rocks! Great to have him with us! |
Simon put us creditors first. Judge Glenn cares only about the letter of the lae, not justice. The lawyers sre pure evil scimbsgs who see this as an opportunity to enrich themselves at creditors expense. Inworry that the newco, like the lawyers, will suck out as much money as they can and then drclare bankruptcy. Simon is the only person involved with any integrity. This is shown by his time and money spent on creditors behalf. |
Very - this is big finance, and without his involvement, the retail investor would have been left behind and forgotten, just like what is going on in the world today. Money rules and people don't matter anymore. Because of his involvement, real people had hope (I know personally my brother-in-law lost everything investing in this scam) I am the one that brought him to Celsius and several others, who could have been set in the future but have lost it all. I myself had worked 5 years with a vision of having 1 Bitcoin each for every member of my family, and it's all gone. It's heart-wrenching, especially now that it looks like I was right and not a fool to buy Bitcoin (I had to endure so many telling me I was foolish), but I was a fool because I invested in Celscius and put my crypto in there as well. |
Thoroughness. Relentless-Constant. Experienced. Creditor-first in mind |
I’m not savvy in the process to provide a definite answer. But for those of us who are naive to the bankruptcy process. Simon did a superb job in sharing information as Celsius moved through the court. |
I found Simons information informative and detailed |
I have not almost nothing from other professionals or entities involved. But Simon made a huge effort to put himself out there (on various platforms) so that more people who are involved in the case would have a source of trustworthy information. |
I had no hope before I started following Simon. I had no understanding of what was going on when I read emails from Stretto, it was just attorney legal jargon. Having Simon break it all down in simple English was like calling my dad or big brother for advice, Simon feels trustworthy, genuine, and authentically caring, |
I am impressed by Simons unwavering dedication to the whole effort. The investment he stood to lose when compared to all of his other holdings was - from what I understand - not that significant compared to others who trusted their life savings to Celsius. I am just so impressed that Simon put so much time and effort into this project. A million bucks to me is everything I have. A million bucks to Simon might just be part of the cost of doing business. I really thought all was lost. I think about the poor people who were "all in" with FTX! |
He literally helped all us creditors for FREE. He was a friend, counselor, CEO ( Chief Encouraging Officer) and similar to a lawyer & financial advisor all in one person. All the other lawyers and people involved have just wanted to milk the estate and prolong the bankruptcy as long as possible to generate more fees. All the other lawyers involved are naturally wanting to make as much money as possible off our misery. Ethically and Morally He is the polar opposite of Alex Mashinsky and the leaches (attorneys). |
As an individual retail creditor without financial or legal expertise, I found Mr. Dixon's frequent and public commentary unusually helpful for grasping the complex bankruptcy proceedings. His regular updates often distilled opaque information into accessible insights, albeit always carefully caveated as nonprofessional opinions.
Unlike formal communications geared towards institutional creditors, Mr. Dixon appeared committed to illuminating issues impacting everyday account holders like myself. While he too was learning along the way, his willingness to openly educate the community felt distinctive.
Overall his public engagement provided rare visibility into the bankruptcy’s impact on retail creditors. So from my limited vantage point, his transparency offered helpful perspective lacking in most traditional channels |
Simmons services in this process we're not only indispensable and unique among entities involved in this process, but likely unique to any major bankruptcy process in the United States ever! |
Extremely professional. Extremely honest. The pressure on him on the early stages by the "squeezers" and general community who still could not fathom that Mashinsky in fact did lie, dump on community, pulled his own funds, ran a scam company, business was never profitable, manipulated and in general ran a horrible operation. The optics of Celsius was amazing, the vision, the dream and the community it forged. So through all that storm, Simon did not fold an inch, stayed true, never lost his cool, stayed professional and kept pumping out quality content (YouTube and Twitter spaces). Biden his time and once the examiners report was out, internal communication released, foresic reports, well then. It's clear as daylight that whatever Simon has said since day 1, actually showed out to be 99.9% true. |
youtube video helping |
Simon is very determined to do good and make it right, more than anyone. |
Not to sound like a broken record, but Simon led a master class on how to display patience, empathy, and professionalism during a time of great financial tragedy. I listened to lawyers, tax experts, influencers, and others speak during Twitter sessions, and some of them displayed maybe one of those characteristics, but nobody really displayed them all.
There was too much anger and too much "my claim is more important than your claim" exhibited by pretty much everyone else of importance. It simply made Simon's star shine like a beacon of hope. |
He has training in finance and securities law, has successfully helped other prior bankruptcies that guided and helped Celsius mirror to potentially recover. |
The openness with which Simon Dixon communicates is extremely important for the creditor community, as without this clarity, it would be much more difficult to navigate the waters of this storm that is the Celsius insolvency process. |
The openness with which Simon Dixon communicates is extremely important for the creditor community, as without this clarity, it would be much more difficult to navigate the waters of this storm that is the Celsius insolvency process. |
He has done and continues to do all of this very very complicated work (time and energy) and not being compensated for it!! The lawyers on the other hand, of coarse had no mercy amongst the creditors and wracked up practically everything as fast as possible whether or not they were really spending their time wisely. That’s my 2 cents. |
Simon Dixon did not get paid for all of his work. In fact, it cost him much time and effort he could have been using to engage in other pursuits. Juxtapose this to the lawyers, law firms current Celsius employees who want bonuses and other content creators who are selling fear and hype instead of facts and truth. |
Simon Dixon can connect with people transparently and honestly. Simon Dixon is unique in the way he serves people. |
As a non native English speaker I found it so much easier to have videos where all the details got explained in a visual/audible way. I tried to read through the Stretto files but I found it very hard to actually understand them. Simon Dixon did an amazing job in his positive calm way to explain all the details throughout the entire time. He provided for a space for Q&As and a network for all the different parties involved. He gave us all great mental support. |
He was the voice of creditors and allways strived to present the facts of the case in an open forum. He employed a significant ammount of personal resources to shed light on this case and to fight for creditors. |
The fact that he spent millions of his own companies money to fight for creditors says it all! |
I followed everything I could on social media on a daily basis re the Celsius bankruptcy. I listened to many people and read the comments. The gratitude expressed to Simon Dixon in the comments was endless! Any discerning individual could see that Simon had not only in depth economic and investment expertise in cryptocurrencies he also had integrity and honesty. It was clear that Simon was donating his time, expertise and a lot of his own money in order to guide the Celsius community to the best of his extensive abilities. I felt he had a vested interest in our wellbeing right up to this moment. As a community I don't know what we would have done without him during this daunting experience. |
The Openness and dedication to providing High-Net-Worth Information for all Creditor individuals to make an informed decision that suits their own individual investing needs. |
I have come to know that Simon is probably the foremost authority on crypto matters, bitcoin in particular. His knowledge of the industry and business of crypto is exceptional and his honesty and ethics are beyond question. He is meticulous in his work and tenacious in finding answers and solutions. I believe with all my heart that if it had not been for Simon's involvement in this process, the outcome would be radically different, and less favorable to creditors, from the Plan that we approved. |
I would say his successful running of Bank to the future services and the other entities he owns and operates, or is involved in. |
N/a |
From the beginning until presently, what has always stuck in my mind was that he was always "trying to make creditors whole". I have never seen or heard him say anything anything to the contrary, I can only go by what he has posted on YouTube. I am unaware of any other people doing what Simon did/and is doing. Fairness for everyone. |
I think what he’s done most we probably all didn’t see and I think that is the advice and guidance in the background to the new board and other such decision makers. The other side is what we have seen which has been the education and information about the process |
Spreading good and easy to understand information. He is the only one I followed regarding the Celsius case |
There are few people that has the background of Simon. He's in his 2nd decade of being involved in the cryptocurrency markets, plus he has a high-degree of knowledge in the financial and securities markets. Simon also has invested in a large # of companies early on which helped identify directions to take during this process. |
HE WAS THE ONLY ONE DOING IT. The updates from the various committees, bidders, attorneys, and so forth were quite frankly laughable given their fees. The only reason I felt remotely comfortable that I understood the process and where we were at in it was due to Simon's efforts. |
Other people are more concerned with how THEY can make money off this terrible situation versus helping the people already taken advantage of. Simon is doing this because he cares about what's right - making creditors whole and not making another company rich at our expense. |
Simon rallied us as creditors due to what was going on IN THE MOMENT. Like i said, he never did post commentary about what was happening in court; God knows that would have been maddening since we as the victims would always be left in the dark due to the fact we're not there or can't be there and have not the slightest clue on how to even hire a counsel to handle our legal affairs. The fact that almost every other major crypto lending company was in bankruptcy at the same time only fueled the fire for us to follow Simon and trust what he was saying because guess what...he knew about those cases too and explained what happened to them in detail; something that was totally beyond what we asked of him. That is why I believe most of us, if this was something we were forced to be apart of, we were glad to be apart of the Celsius bankruptcy with Simon. |
He gave us knowledge of the process without asking for a dime. He put his soul to help us. |
Never before seen. His methods should be the standard from here forward. |
The resources he was able to apply to understanding the bankruptcy and his financial acumen which led into his rare skill of being able to explain complicated concepts in layman's terms |
I'm a C.P.A. (licensed in Texas and Tennessee), worked on a Chapter 11 case early in my career and unfortunately, learned that the incentive is at odds for fees versus getting out of bankruptcy plus this was a complicated bankruptcy. Simon had more knowledge of the industry than the professionals and it showed. He pushed hard to move the process along for all those involved. Without out Simon's pressure on the professionals and looking at the results of other bankruptcies, I don't believe that we would have gotten this far this fast. |
I have been observing this process from the very beginning. I can name no one who has played a role remotely similar in kind, substance, or magnitude to that of Simon Dixon. I simply cannot. Simon Dixon has led this effort. |
Never Before has anyone been able to corral such a large group of disenfranchised investors. Simon’s contributions go beyond anything Ive ever witnessed in a legal action of this magnitude |
Honesty, pragmatism, accepting of just about everyone even if he disagrees, his reasoning therein, endless energy to do what is to be done |
Personally financing lawyers and disseminating relevant information to us creditors on a regular basis and being available to answer all questions above and beyond all of the professionals and others working on the Chapter 11. |
Highest levels of integrity, trust and a non-monetary passion to ‘do the right thing’ for all creditors. Also Simon is a World expert in his field, and shared that knowlage and experience for free to the benefit of the debtor and creditor community. |
Comprehensive and fair. |
Simon came across as a professional that has seen and lived similar situations in this currently unregulated industry. With what appears to be a solid background in regulated markets, Simon was able to provide this wealth of knowledge and share it with creditors that didn’t have the means or prior experience to understand what our options are. I was listening to some of the other parties involved but, to be honest, I have been so burnt by the shady characters in this whole dealing that my perspective of Simon is that he is a professional with integrity and willing to help many people who have lost so much. |
Simon's input has always been transparent, fair, balanced and objective with only one goal: getting the best result for creditors. I've not seen anyone else within the whole ch11 process being more humble and value driven than Simon and I I'm very greatful we have him on our side. |
I’ve never witnessed anything so unique and it has been very enlightening. The self sacrifice, The Ability to keep the peace and find a way forward A wonderful way of demonstrating the attributes of an evolved human that would help others to feel the benefit of… |
I am a business school graduate and have worked in and around the legal business for more than 20 years. Without Simon's amazing understanding of the Crypto, Legal and Financial industries, I would have little to no comprehension of what has and is taking place in the shadows of Celsius and Alex Mashinsky. I would not have had the time and ability to track and decipher what was happening to my investment other than I had been scammed and lost a lot of hard earned money. I think Simon is a unique talent, even more so because he is willing to share his knowledge and foresight without asking for financial compensation from those of us that have already taken a huge hit from Celsius. |
Simply whit out Simon. All groups, would have gone to war whit a nother. Simon in this, whent back and forward. To make, a master piece. Out of a diare situation |
Simon brought industry experience that allowed him to better understand what was going on and then in turn, break things down and explain in plain English to retail investors. |
There is no comparison. Full stop. It is not a coincidence that across the hellscape of CeFi insolvencies - Celsius, BlockFi, Voyager, FTX - only one stands to emerge with some hope of making creditors whole through equity in the restructured debtor. |
Simon's impeccable behavior and level of detail in teaching stood out to me. What stood out even more is his immense dedication and genuine caring to help all of us creditors. No one else really compares. |
I genuinely trust Simon and believe he has the creditors best interest at heart. |
Simon Dixon seemed to be the most knowledgeable on the topic and gave the most reasonable plan after finding out that Celsius was going to be filing for bankruptcy. |
He is very unique because he is a creditor with the largest claim so his interests are aligned with the consumer despite being mega wealthy, he also had influence with the big players |
Simon Dixon was public and transparent though out this process. He kept the diverse communities up-to-date. In addition, his financial and technical resources worked to develop a solution that benefited as many parties as possible. I received nothing but the worst sort of legalese from any other group during this process.
Without Simon's unique perspective and the immense level of personal integrity he demonstrated, I'm sure that this process would gone the way of other crypto-industry bankruptcies where some large corporation buys all the assets at fire sale prices and all of the individual investors get shafted. |
Knowing that Simon is also a creditor, many relate with his emotions and appreciate his genuine care for the community, in particular some of whom have lost everything in Celsius. |
Simon great |
He was thorough and detailed in every aspect. |
Without its peers. None other example of selfless public service I can think of. |
As somebody who fell for Mashinsky’s online persona and believed in what he promised it was difficult and still is to trust again. I listened to Simon before all this even happened and I can only say that he has an honesty that pierces through. He’s been able to make me believe that there are good people online who aren’t only looking after their own interests. |
He hasn't billed the estate for legal fees, yet.
He is relentless and committed many hours to the cause. |
Professional and exceptional ! |
His trustworthiness, everything he said eventually happens. |
I felt Simon has always been transparent with creditors and very trustworthy. If he made a mistake or cited something incorrectly he was quick to admit it and correct it. He took a lot of heat from other creditors who looked to discredit him, but all the time he remained professional and upstanding which just made me trust him even more. He is clearly very knowledgeable on a lot of things and I like learning from smart individuals! |
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Had a more direct connection with debtors, a more sincere interest in the wellbeing of all creditors rather than self interest only. |
He stayed true to his word and advocated all the average creditors |
I don't believe any of the recent bankruptcies had a leader arrise to do all the things that Simon did to support the victims. |
By Simon making videos he put a “face” to the possible positive outcome from ( as Simon puts it) this shit show. |
It literally has been all the difference. Simon has quality that is unlike any other. I have never seen a higher degree of humility and integrity in a person. I mean truly honest. It has been honor to speak to him, listen to him, observe, and share real emotions with people that are radically different but all share the pain and suffering of others. He heals literally been the light for so many of us not because he's rich and knowledge able. Because he's human just like us and he knows a thing a two about people, judge of character, and how to engage with people respectfully. I hope to one day meet him. He's been quite amazing and everyone that continually engages, its like he rubs off on people in a positive way. I mean looking how many people stepped up for different reasons, and engaged with him. He even engaged with rotten mother fuckers objectively, continually...veith peace, love, and unity? Fucking Simon Dixon, bank to the future, others and his wife. Fuck... i hope she gets some time with him. He needs it, his fucking dad died, scammed out the ass, credibility under heavy constant fire... doxxed the hell out of... like dude. Give this man a break, and prize or the means to his ends. It's to benefit for all humankind FR. I feel as Simon Dixon has the same level of importance, impact, character, and diplomacy. as Benjamin Franklin did in his. Truly incredible. I have almost listened to every single space. I would say almost 90% attendance rate at some capacity that I have dwelled in. |
- far more professional than others, - more personable/understandable than the legal professionals, - clear industry experience over many years, - direct involvement/history with the debtors |
Simon gave WAY more time and energy than any other entity I dealt with. He provided much more clarity than the laywers, the UCC, the debtor or the judge. He made himself available to individuals and to everyone as a group. He used his own capital to build a website where I can see my claim, he used his own capital to produce videos for education purposes. Simon also never wavered in his message. He had a clear vision of the path from bankruptcy to recovery from Day 1, and that vision served me and those close to me as guideposts as we navigated this emotionally draining journey. |
No one in this industry could have prepared us for the possible results as a result of our actions and the courts actions. |
No one worked as hard as Simon Dixion to educate everyone involved and to provide a roadmap to help us get the best outcome possible from Chapter 11. His ability to use social media to benefit others is extraordinary. |
The fact that salmon was a Celsius creditor, who was willing to put all his time and effort into recovery, make him unique, and I’m so proud that we have someone in our community like him. |
His knowledge of the subject matter, capacity to learn the US court process, and passion to demand fairness provided a unique contribution to the case. He gave credit to other professionals and their contributions. He never hid behind the computer as some of his critics hide. |
Simon has always maintained an extremely professional and honest business acumen and integrity. He demonstrated how he prevented himself getting drawn into Machinskis web of deceit. He called Alex out as the liar and cheat he was. Simon has also overseen the legal process and the UCC board on behalf of all creditors and kept the public informed via Twitter spaces and YouTube presentations (as permitted by NDAs). |
I think he is always there and being accessible for creditors, whether there were official progress/milestone in the court proceeding or not, and the clarity he provides helped creditors to stay positive and calm. |
Simon Dixon has demonstrated a very ethical and professional standard throughout this whole process. He has managed to align many factions for the benefit of all. He has skin in the game and wants the best result for all creditors, of which he is also one. |
No other party provided anywhere near the amount of useful information presented in a manner easy to understand by laypersons. |
Simon provided value without requesting compensation. The fact that he is in the same boat as all of us and willing to share his research and interpretations. |
He has treated us 'plebs' (my words not his), with respect, empathy and tried to remind us of what really matters at the end of the day. The gut wrenching emotion in his first interview with Daniella Carbone after the Celsius collapse showed his humanity, genuineness and class. These attributes flow into everything he has done during this arduous journey. |
Simon was the one of the few, and certainly one of the first, who recognized the issues facing small retail investors, and provided us with information about what and why things were happening, and what steps we could take to hopefully get back (some) of our hard saved investments. Thank you for supporting us through information and your unselfish advocacy of our interests. |
Simon Dixon's contributions to the Celsius Chapter 11 bankruptcy case have been unique in several ways. In comparison to other professionals or entities involved in the Celsius bankruptcy case, Dixon's contributions have been unique in the following ways: • He is not a traditional bankruptcy professional but rather a Bitcoin OG and the founder of an investment platform. This gives him a unique perspective on the case and the needs of creditors. • He has been a vocal critic of the Celsius management team and the bankruptcy trustee, which has helped to ensure that they are focused on protecting the interests of creditors. • He has organised creditors to fight for their interests, which has given them a voice in the case and has helped to ensure that their interests are represented. • He has filed numerous motions in the bankruptcy case to protect the interests of creditors, which has helped to ensure that the bankruptcy process is fair and transparent. Overall, Simon Dixon's contributions to the Celsius Chapter 11 bankruptcy case have been unique and valuable. He has used his platform and expertise to advocate for Celsius creditors' interests and ensure that the bankruptcy process is fair and transparent. |
Simon in my opinion is concerned with the greater crypto ecosystem and wants to see it grow in a positive and healthy direction free from scandal and improprieties. He sees the benefits of the asset class beyond the financial gains and is willing to put his own money and effort up to see it move in the right direction for the benefit of the honest and hardworking individuals that also believe in it. |
Simon was the one of the few, and certainly one of the first, who recognized the issues facing small retail investors, and provided us with information about what and why things were happening, and what steps we could take to hopefully get back (some) of our hard saved investments. There were few to no other impartial and selfless informational sources for us non-legally represented smal investors. Thank you for supporting us through information and your unselfish advocacy of our interests. |
I would say the communication that Simon has provided has saved people from taking their lives. If it wasn't for Simon and his Twitter spaces & Tweets many would not have sufficient information regarding the chapter 11 case. |
Nobody else stepped forward that had the knowledge or experience to have forethought on how to exit chapter 11. |
Simon consistently provided comprehensive regular timely updates even though at times he looked visibly exhausted. These updates helped explain and permitted a more informed response to The vote, again just to reiterate without the updates and interpretations I would have been even more lost. |
It is clear Simon operates from a place of philanthropic motivation. He is Selfless with the time and Personal resources he has invested to benefit everyone who has suffered from this bankruptcy. |
I can't answer. |
I would say, quite unique, since there didn't seem to be any other people that had a big amount on Celsius coming forward to help fight the good fight for the victims. |
Zeer positief. |
Mr Simon Dixon provided detailed information. His loyalty is unparalleled to creditors who have their funds stuck in Celsius. Without him, some inconsistencies would still not have been resolved. |
Mr Simon Dixon provided detailed information. His loyalty is unparalleled to creditors who have their funds stuck in Celsius. Without him, some inconsistencies would still not have been resolved. |
Although Simon Dixson is one of the major Earn creditors of Celsius, the percentage of his assets tied up in Celsius appears to be negligible in the context of his personal wealth. He could have written off the entire Celsius holding and walked away. However, as he had recommended Celsius to his clients, he decided to use his expertise and experience to assist all the creditors by improving the rate of recovery. To make everyone whole. Of course, this cannot be guaranteed by anyone, but as a creditor, I appreciated all his efforts. It shows integrity - which is so rare in the world today. Although it is a significant amount for me, I trust Simon Dixon with my entire Celsius holding. |
He used social media to unite us all and fight the case with our backing. He is truly our General. |
I believe Simon’s leadership in bringing a diverse community of people in a very complex situation who were scattered all over the world was a historic process that he managed to pull together in order to maximise the value returned to us. It has never been done in history of finance and will be a case that will be referred to for future cases. |
Simon's long time experience in the financial industry with international finance and cryptocurrencies, in particular, the restructuring of insolvent exchanges and asset recovery were essential to the restructuring plan. |
Unparalleled honest, devoted effort putting the community at large as a priority. I would feel much more comfortable with Simon involvement in the future decisions as an independent observer to represent the interest of the shareholders at large with the other creditor members.. |
outside the stalking horse bid and al of the ideas simon had I think Simon is very good in bring people together, I was very impressed the way he deals and deald with the CELsqeeuze people, they where and are very toxic, give me five minutes and I block those people but Simon was very patience and give them multi chances to think about it and give them the time to chance there position and sometimes with good result and sometimes with less good result but that is a quality that suits Simon IMHO |
nobody else told you what happens and without him youre completely lost |
Simple, Simon has only ever sort to expose the truth across the entirety of the Celsius chapter 11 recovery! Again this is all evidenced throughout his YouTube and Twitter/X postings. He stayed true to the larger responsibility of taking care of all creditors in a selfless manner. Other professionals did not inspire me with confidence, anywhere near Simon’s dedication to real world actions. One more time, reference his YouTube and Twitter/X history! |
Simon was the most open, transparent, and accessible individual in the entire situation through his youtube videos, twitter posts, and twitter spaces. All celsius creditors are EXTREMELY lucky to have someone like Simon in our corner. |
LEADING WITH HIS PERSONAL STORY FROM THE EARLIEST OPPORTUNITY, ESPECIALLY AS ONE WHO WAS INVOLVED IN THE EARLIEST OF SERIES' INVESTMENT ROUNDS FOR CELSIUS PROVIDED INSPIRATION FOR THE COMMUNITY. IN TIME OTHERS SHARED PERSONAL STORIES TOO BUT SIMON WAS THE FIRST AND HE STAYED MOST CONSISTENT, OUT OF THEM ALL. IT'S NO WONDER THE MAN'S SUCCESSFUL. |
His approach to creditors since day 1 until date on an ongoing basis has demonstrated Simon's uniqueness and contributions to this case. |
Simon Dixon is widely recognised as being almost unique in that his thought processes and his open presentations to the public/creditors are honest & pure to the point of financial `self harm`. His personable, friendly open nature almost invites personal rebuke from a small minority of bitterly resentful people who cannot begin to stand and look in the mirror but instead have to find someone in prominant view to blame for their own failings and unworthiness of their own financial investments. Simons integrity over what is right; correct and for the greater good will always take precedence over loyalty to a company or individual. This would no doubt ruffle the feathers of a few and cause many ruthless businesses to shy away from his inclusion or partnership for the fear of a completely open & transparent decison making process. He sees quite correctly that math & finance is almost uniquely black & white or right & wrong. He will argue to the point of self detriment when he sees an aspect of Newco recovery that needs addressing and needs including as `right` for all creditors. An example of this is when bnktothefuture spent approximately ten million pounds $? to submit an initial bid to manage the Newco. This was not in his personal interest or his own company`s long term financial strategy but Simon believed it a necessary duty in order to help recover the Estate. On not being successful and having no feedback, he provided his own objective sense to their proposal as bnktothefuture `not being a USA centric based company`. I suspect however that Simons personal attributes as mentioned were what in a sense scared the decision makers away from adopting his plan. He took satisfaction in the knowledge however that many of his proposals in his bid were subsequently adopted regardless. |
Simon provided his services and those of Bank to the Future at no cost and donated hundreds of hours of his personal time holding Twitter Spaces, keeping everyone informed and providing reassurance through the provision of information and answering creditors' questions |
Other than one or two other people Simon was the only person who took the time to explain the situation at hand. |
I think Simon in his contribution didn't put himself in front of others, he was together with the community the Mashinsky betrail and stole |
I think his involvement and outspoken Twitter, and YouTube |
He is a substantial figure as the head of BTF, and has also taken the time to launch countless tutorials explaining the process throughout. More people have done video's but he is probably one of the clearest voices. |
Simon is honest its that simple. I am extremely frustrated that the system and judge let these lawyers take unreasonable amounts of money for their services. What did Simon take? $0.... He deserves a seat with a salary after all he has gone through |
Simon has been as transparent and honest in his approach as anyone I have ever seen. He shares everything that he possible can, save for where he is legally barred from disclosing. His efforts to inform and teach his audience (creditors) has been uniquely positive. His even handed approach to dealing with partners, collaborators and detractors is testament to how negotiations should proceed in any dispute. |
Simon did a lot of original research, thinking and planning in creating the original plan, many others contributed little and used Simon's ideas |
To be very honest, Simon is the only person I've been listening to through out this process. Purely because I have been following Simon Dixon for sometime now and I trust he is genuine. I trust Simons experience and understanding of crypto industry. To what I've seen he's been always transparent. Simon mainly speaks facts, he's explaining his thought process allowing you to make your own mind on certain topics.
Unfortunately I can't compare Simon to anybody else and I am very glad with my decision to listen to him only. |
Simon led by example. He consistently put creditors first, had a holistic view to get the best outcome for all parties while also understanding that everyone had to compromise in order to get out of chapter 11.
Simon’s sincerity was plain to see, setting him apart.
His sacrifice of time, money and energy is unapparelled.
He didn’t have a lot to gain and was motivated by feeling compelled to do what was right. |
During a very difficult time in Simon Dixon‘s life, with the loss of his father, he very unselfishly committed himself to the thousands of small investors, many of them, losing the life, savings and retirement funds. That he would fight for the best interests of creditors first. |
I have never seen anything like this in the business world. Simon's calm presentation, collaborative attitude and detailed analysis are together an unheard of combination. |
Every time I see Simon on YouTube or when listening to him on X spaces, I think to myself, who would have done this? Who would have taken time out of their lives to gather creditors together to try to fix it or ensure we have a good outcome to this? The answer is no one. I think mostly because no one has the specialized kind of experience Simon has with Crypto and it's very clear that the lawyers make too much money to actually care about creditors. That makes Simon's contribution to this whole process unique. |
In addition to facilitating conversations between groups that could have expended more of the estate in legal battles, Simon brought experience at similar reorganizations. He also earned the trust of many creditors (as evidenced by the emergent twitter community) which extended to many actions of the debtor and UCC. Without his influence, there would have been more hostility beyond healthy criticism and skepticism. Simon removed a lot of unhelpful friction from the process. |
I am unsure as per above. |
Simon is uniquely driven to fight for the underdog & for those who have been taken advantage of. This comes from his own experiences of his father & a desire to do right, even if it ends up costing him & his company money, which it has. He has, in the main, successfully navigated all classes & groups & been able to facilitate & encourage groups to work together & move forward. |
He provided video content that most people could understand |
By mooting for #DEPOSITORSFIRST, this provided a values-based anchor for his thought processes, upon which Simon was able to apply his extensive experience, to help the true contributors i.e. the creditors and this was a fountain of grounded advice, significant perspective that had the debtors taken heed, they would have taken a more honourable path. Thank you, Simon, for having mooted this and for having not been distracted or lured away from the spirit of #DEPOSITORSFIRST. |
Selflessness and overall interest of the community |
Simon went beyond the call of duty in regards to the content and due diligence that he provided. Simon worked night and day and endless hours with his team to "push the ball across the goal line" in regards to what he thought needed to be accomplished for the creditors. |
He was transparent about everything. Constant lies against him to try smear him gradually got debunked and he always kept his cool and calm and integrity throughout. This built more confidence for all creditors that we really didn’t have someone who was trying their best to fight FOR us |
Simon was our guiding light. He earned a board seat in my opinion rather than an observer seat |
Simon's passion to help others was over an above what any CEO that I have seen would do for a community or for that matter their employee's. It's not about the money for Simon... He wants to truly help others learn and be successful |
He had remarkable energy to come back every week. |
Absolutely. The UCC did a poor job in fighting for the best deals for the creditors and were not available and forthcoming with communication. Really Simon should have been in the UCC in the first place but notwithstanding the external pressure he guided the whole process to a better outcome for all creditors |
His dedication and commitment to helping all creditors. He was and still remains fully transparent on what he has done and intends to do in the future |
Simon spoke out in favor of the creditor community when our interests were being subordinated in favor of other actors such as Alex, the CEL token and shareholder groups. |
Exceptional. |
Here is something no one else did: Simon communicated on a regular basis with us creditors. Through his YouTube video's, on Twitter/X Spaces, via tweets; buy opening a Celsius community on Twitter. He educated us about the process, about what things actually mean for us and our position. He "translated" legal and business talk into "normal" language. He let us vent our grievances. Talked people of the ledge. And best of all, in my opinion: he knew how to manage our expectations. He was there for us on a mental, psychological, human level. Talking to us on our level, educating us about the process, about what regulations might play a role, the different players, etc: No one else in this entire saga has put so much effort into explaining things to us, being a mediator, trying to put his mark on the process so that we wouldn't get left behind. He is seen as the leader of the retail creditors by most. |
transparent and forthcoming |
Simon Dixon never wavered from his creditors first mission, as opposed to many others involved who were steered by their own interests. He could have been selfish and pushed for things which benefited himself but may not have been best for all creditors, but he counted himself right in the boat with every other creditor and did not stop fighting for the best plan for all creditors until this was realized. He brings a sense of trust to his actions which was really needed in the Celsius Chapter 11 in order to get things moving toward solutions. While I am sad that I can count Simon Dixon as a fellow victim to the Celsius debacle, I am grateful to have had him fighting for us and pushing for the best outcome. I am not confident at all that we would have gotten this done when we had if he not been working so hard for all of us. |
He fought for a better deal for all creditors |
Simon was in a unique position as a large investor and knew more of the workings, but also took the challenge of this unprecedented role upon himself. He didn´t throw mud but worked with all parties and official agencies ( to the best of my knowledge) to bring the truth to light and create a strategy and plan to move forward that would pave the way beneficially for all legal and retail entities nfor this specific case and the future. |
Simon was clearly the loudest and most popular voice among all creditors during the whole BK process and he expressed the opinions that most of us believed in. |
Simon created a movement and made all the creditors go together, if this had not done the only winners would have been the layers that would have extracted any value that was left in the company. |
His unwavering dedication. |
Hmmm, in the realm of Muhammad Ali, Michael Jordan, Nelson Mandela. Maybe stretching just a bit :) but it was Pretty " Fking " Spectacular! He made a difference on a large scale :) Outside of the truly amazing community who along with Simon, " Gave" themselves entirely to fight for victims, the other " professionals / entities " only " Took" with little to no contributed outcome. |
Simon provided key guidance to the community using his in depth knowledge of the crypto markets at high personal cost of his time and effort to help maximize recovery. |
The fact that Simon has been through such a process in the past and the fact that Simon has a company that deals with regulators on a regular basis has been invaluable to all creditors. |
Simon has provided significant transparency to the bankruptcy process and his detailed summaries of the court proceedings have been extremely valuable. |
His skill set, his involvement as a creditor, and mostly his tenacity to make sure all creditors got the best outcome possible from this horrible situation due to the Celsius criminal mismanagement. |
Simon led by example. He consistently put creditors first, had a holistic view to get the best outcome for all parties while also understanding that everyone had to compromise in order to get out of chapter 11.
Simon’s sincerity was plain to see, setting him apart.
His sacrifice of time, money and energy is unapparelled.
He didn’t have a lot to gain and was motivated by feeling compelled to do what was right. |
Excelent performance. Constancy |
I don't know anyone else who selfishly took a stand for the everyday person who invested in Celcius. He offered information, education and hope to all of us knowing he was risking his time, life and reputation by doing so. |
As a 73 year old investor in Celsius, who was at risk at seeing my entire life's savings 'stolen', Simon personally brought me a large amount of hope when I needed it most. His Videos were very educational and instructional, and he presented them in such a clear and easy to understand manner, using many Power Points and other tools to help visualize, and comprehend the content he was sharing. Most of the information required to fully grasp the breadth and depth of this Chapter 11, were made much more transparent and understandable. I feel like I have been through a university course, of 4years over the course of these last 15 months. He manifested so much patience in Twitter Spaces, always ready to help countless creditors to understand aspects of the proceedings that were not clear to them. |
Kirkland and Ellis did a tremendous job legally separating the criminality and fraud from the business itself and transferring it to the individual perpetrators. Otherwise, we would never get out of chapter 11. that being said, they got paid an enormous amount of money in legal fees; they did it because it is their job. There are other creditors that contributed personal financial resources and expertise to benefit the community but also because they care about their own recovery. That is totally ok and deeply appreciated by creditors like myself who do not have those resources or expertise. Other creditors have enough wealth to pay for additional legal counsel like David Adler, whether or not it benefits them specifically or not, still much appreciated by every creditor in the Loan Ad hoc. From the beginning, Simon disclosed that he lost about $10 million dollars. He said it was risk capital for him and if he never received a penny, he would not be in financial trouble. He could have walked away, wrote the loss off and saved 18 months of precious time, his own personal cost, the resources of his company, etc. He pursued this chapter 11 journey because of the creditors that lost their retirement, their life savings, their homes and some even took their life. He saw the best way for him to help was on the outside as a fellow creditor. His goal has always been the best recovery for the entire community, no matter the group. It is reflected in every idea, proposal and video he has ever made on youtube. It's available to everyone, it's free and there is no other agenda but recovery for the Celsius creditor community |
However, with only a little experience in bankruptcy cases, I found Simon Dixon's tireless efforts extraordinary. |
The uniqueness of the contributions provided by Simon Dixon in the Celsius bankruptcy case are best shown in their contrast to the actions of Celsius' former management.
When the problem emergeged to public awareness, management consolidated power and tried to minimize their exposure to media. Simon, rather, made himself available for interviews and actively pursued financial information about the company to attempt assisting in rectification.
When questions arose about management's abuse of depositor funds, management attacked and defamed Simon in attempt to shift blame. In counter, Simon participated in more interviews and encouraged creditors to evaluate his and his company's reputation.
When management attempted to obfuscate the situation by encouraging it's still misguided followers into an attempt to short-squeeze the Cel token, Simon rebuffed that distraction, educating creditors about why that would ultimately hazard the effort to recovery.
When management tried to trick Simon into silence and corporate risk by offering him a board seat, he wisely refused and then explained how that decision would keep himself as a more effective agent to represent the interests of the creditors.
There are alternative paths from which Simon could have chosen during this crisis. Most of them would have been far easier and likely profitable for him and his company. Yet, from day one, Simon Dixon made a commitment to stand with Celsius' depositors (creditors), working to put them first in recovery. That form of gallantry is quite rare. |
Many of the professionals in this case don't understand crypto and Simon does. His background with finance and crypto was also different than many people involved. |
calm, open and transparent,integrity |
See below |
What set Simon Dixon apart was his approachable and interactive manner of communicating complex issues. He utilized platforms like Twitter live spaces to answer questions from real people, and produced regular videos that broke down the ongoing developments in a digestible format. Compared to other entities involved in the case, very few, if any, were undertaking similar efforts to inform and engage with the public. |
Simon continues to provide transparent reporting to hold all involved and to hold participants accountable for fair decisions and the best possible solution for all creditors impacted by Celsius. |
Simon Dixon distinguished himself by actively engaging with everyday individuals on Twitter live spaces, answering their questions in real-time. His regular video updates broke down the complex steps of the legal process, making them easier to grasp. In contrast to other entities, very few were making comparable efforts to demystify the process for the general public. |
Simon brought a depth of knowledge of Celsius that was unique, since he had helped Celsius raise funds on his Bank To The Future platform. He also brought a unique level of commitment because he was such a large creditor and because he felt a sense of responsibility to all his Bank To The Future clients and Retirement Plan B students who had put money into Celsius in large part based on Simon's due diligence into Celsius. Simon was one of the few people who read every single document that was produced in the Celsius Chapter 11 case apart from those who were on the UCC or who were paid to read them as part of their job. He also brought unique experience because of his longevity in the cryptocurrency and banking fields, and because of his involvement in other crypto company bankruptcies. |
Simon's contributions have been unique in that he brings his years of business startup and financial experience, his Chap 11/7 experience, his worldwide banking experience and his aquisition of digital assets experience to the table. I would venture that very few involved in this litigation process, if any, could match him one-for-one in the areas I just described. |
He is able to provide a lot of useful information on this chapter 11 case and the options in an relatively easily understandable way, in a timely manner via his video series. |
He has been the only genuine person I believe that has told only facts and voiced what happening during this whole process if it wasn’t for him I would have had no insight on what went on and how we even got to this point as the ucc had barely any communication to creditors. |
Simon is on my (our) side. All other advisors and lawyers where (absurdly) overpaid and i never had a feeling the where acting for MY best interest. |
Simon Dixon did all this amazing work without charging any fees to the Debtor's Estate. |
There is no comparison for Simon's contribution in the Celsius case. He is the most outspoken person throughout this Celsius fiasco, he shows what justice and righteousness of humankind is all about. |
He was #1 |
Simon was transparent and teaching everything. the others were not |
Unprecedented use of technology. Unwavering commitment to the creditors. Unquestionable openness and honesty. |
Simon is neutral and experienced. He's also a large creditor, so helped us small creditors to understand the process a lot. Other professionals only tried to rip us off, like White n Case and Kirkland. |
It must have been very difficult for him as he was personally & financially involved. Yet he has kept a cool head despite I’m sure having many sleepless nights. |
Simon had been through Mr Gox Bitconnect and all the others . He gave us a unique road map to recovery , then open sourced that as a discussion then Stalking horsed the process . |
A man with a mission bigger than money. |
Simon was leaps and bounds ahead of any professional in the space in terms of analysis, providing recommendations, influencing and bringing people together. He was unbelievably transparent, and not once did I see him try to make any moves that would benefit him and not the other collective interests. |
He was very vocal in putting in his time making YouTube videos explaining everything from beginning to end so we knew what was going on. Without him we would be lost |
Simon I believe you saved people lives. The commitment you and the team made for creditors was exceptional. |
I don't have the expertise to answer this question. |
Simon Dixon deep knowledge of the regulations and his detailed planning would have saved many delays in the chapter 11 process. |
Simon's background speaks for itself. As a self-proclaimed 'finance geek' he digs deep in ways that not many would care to do. |
Again, His uniqueness 's his transparency and sincerity. and I think It's proof through time. |
Simon using utube and twitter to have conversations with creditors. probably never been done before in a chapter 11 case. |
Fraud |
Simon is a honourable truthful person that can be trusted a system that is full of bad actor. God please Sionon Dixon |
Simon has "skin in the game" and had all creditors interests at heart no matter the size of the claim. |
s. oben |
Simon is also a creditor! So all of his action will also benefit of the creditors. |
Simon energetically kept up morale and tirelessly pushed for best creditor outcomes in Chapter 11 |
Could you highlight any distinctive aspects of Simon Dixon's contributions that set them apart and prevented duplication by others?
Provided great clarity of the current situation in immense detail |
Simon Dixon has the bility to explain this subject matter wisely and clearly. |
His spaces, YouTube. Q&A sessions |
Twitter spaces with knowledgeable people adding value to our recovery |
working harder for normal people |
The time spent updating and explaining what was happening in the process |
Simon was one of the largest creditors so he shared in the loss. |
Unique style of making things understandable |
He knows every part of the story regarding Celsius - an early investor to a crutch in the hard times. Thanks Simon |
Too focused on bitcoin and mining. |
Free advice and guidance |
twitter soaces where anyone could have a voice |
Informative constructive supportive, with out this input would be subject to uninformed decision making |
His backstory and personality make him considerate of those who need his insights the most. |
Other than his genuineness no. |
His bank to the future company website. His YouTube videos, Twitter spaces and Twitter AMAs. |
Simons video on YouTube and twitter spaces were extremely detailed and full of information. |
Media divulgation was very important |
Theres only one Simon. I was aware of him prior to the Celsius collapse. He always says we're alive in one of the most interesting times in history and I have always thought so. |
Other than some information and engagement by legal experts, I found nobody that had such a comprehensive understanding of the situation, process and options to move forward. |
Bank2thefuture offerings and technology offered a number of unique value add services not replictated on plans. Importantly the technology to import creditor holdings to the platform would have avoided the significant potential for scamming creditors out of the final distribution funds. |
Not sure |
Rather not as prefer to allow Simon negotiation room / strategy |
Consistency. |
Video series breaking down each aspect of the conclusion of the case and help explaining the voting process at the end. How he was completing it but also how others might want to vote given their different circumstances. |
Stalking horse and exploiting the inadequacies of the original process to turn this into a competitive tender. |
His are unique because no one else has ever approached this problem the way he has with concrete solutions. |
Simon also lost money in the Celsius debacle |
Applying for the correct licenses to operate his Bank to the future so as to remove any chance of being sued or shutdown by the SEC etc. |
Same answer as above. |
Simon is a true bitcoin OG with exceptional knowledge and still approachable to someone like me, a newbie. Most of us, creditors, are like me, I guess. |
His communication over YouTube, Twitter spaces and being standup meaning answering all questions |
He has been open, honest and a fighter from start to finish. One of the good examples of people to follow. |
I feel his honest. He has skin in the game, so I know that if he gets the best out come for Debtors his looking for a best outcome for him directly. |
Clarity of purpose to make sure that smaller creditors were represented. |
Knowledge about recovery within the cryto industry. Knowledge about financial regulations and history involving multiple countries. Financial geekiness to dig into all the numbers and details around the plan and NewCo. |
Extensive research and keeping promisses |
Mr. Dixon was always upfront and never sugar-coated the difficulties. He also managed to lower the management fees. |
His demeanor was and is collected and controlled. Had it been me I would have thrown my computer against the wall with all the bad mouthing that was directed at him. Always reserved, always calm, always passionate. A true gentleman. |
The Q and A sessions on Twitter space were unprecedented and massively helped prevent huge further frauds being committed. |
Recording his weekly slide shows detailing all of the situation as they arouse and always covering the agenda and the progress for the creditors with Twitter spaces averaging over 600 participants. |
Clarity |
All Videos are brilliant |
Permanent information to creditors trough several channels |
Many, many thanks! |
He worked to provide quality information with a very quick turnaround, in order to keep creditors enlightened on the lastest filings and activity. |
The sheer quantity of expertise, and consistency of effort Simon brought to the table on behalf of creditors was exceptional. The alignment of interests and level of trust in Simon's character was extremely helpful. |
His early work where he manged to get all the key groups to work solutions not stay siloed |
Setting out to build solutions for cryptocurrency bankruptcy with a mix of securities and digital asset approach is his specialty and having the requisite licenses to implement sets him and his company apart |
Just that Simon always had the creditors best interest at heart, I can't say I felt that way about many of the other players in this debacle. |
Honesty, immense dedication of his time, immense research and knowledge defined and communicated to creditors. His efforts and voice was instrumental in getting the plan successfully approved |
Simon gave us his time - an unbelievable number of hours of his time without regret or gain, who else would have done that? It was an extremely selfless act and on top of that many others wouldn't have been able to even if they wanted to because of other responsibilities. Simon also didn't mind being harassed online, especially in the beginning when no one quite new what was going on and Simon did, yet he was informing us all and it just took time for us to "get it". Thanks, Simon!! |
Simon's energy, knowledge and integrety are unique. His relentless effort to help craft a fair and appealing solution for all involved was truly impressive. |
Timely Updates: Simon Dixon's consistent communication and provision of updates during the Celsius bankruptcy proceedings were instrumental in keeping creditors informed. This helped alleviate some of the uncertainty and anxiety surrounding the case, benefiting all creditors, including myself. Financial Support: It was mentioned that Simon Dixon and his team had invested substantial financial resources into the case. This financial commitment likely supported various aspects of the bankruptcy process and could have contributed to the Debtors' Estates. Emotional Support: The reassurance and trust that creditors like myself placed in Simon Dixon's judgment provided emotional support during a difficult time. Knowing that someone with significant involvement in the case shared our interests and concerns was comforting. |
His honesty, his commitment to the little guy and his integrity. Bankruptcies tend to be a free for all where lawyers steal as much of the assests as they can leagally steal and the creditors - especially the little guys get screwed. Not this time thanks to Simon. If I get what we voted for, He will have single handedly saved me thousands of dollars of my claim and I am grateful to him for that. |
He rightly pointed out we needed to get out of bankruptcy as expeditiously as possible and tried to advocate for the best possible plan not a perfect plan. |
Simon was both the ear and voice of creditors. People tried to discredit him repeatedly, and baselessly. He conquered that easily. There was only one Simon Dixon in this case, his efforts were so many no one could possibly duplicate what he did for creditors. Simon is in a class by himself in this case, period. I have the utmost respect for him. |
He was the starting place for others to comment to their followers on twitter. I think that he provided a service to all creditors in understanding what was going on |
I think that his latest series of videos (5 part video series), where he covers how to vote and provided a ton of context to how the entire process has unfolded was a very distinct service to me. It would have been very easy for Creditors to assume a question meant something else, and since most Creditors benefited from the thorough explanations that Simon provided, I think this helps bring about more efficiency. |
Many of his contributions were ultimately duplicated by others, used as outlines or blueprints of possible plans. Or they joined in his efforts to maximize creditor recovery. Once again I refer the gentleman to the answers previously given. |
I cannot imagine all that went in behind the scenes…his wasn’t just a diplomat; he was the whole f__in UN. He was the ONLY translator who spoke all of the languages! …and often the only trusted party. He not only prevented duplication; he provided what could not be duplicated! |
The weekly/daily twitter spaces he hosted about every step of this bankruptcy, as well as inviting bankruptcy lawyers and other various experts on this subject was one of the most informative things I’ve listened to. |
As someone not on the board or the UCC he was free to advocate for the best realistic plan to get the company out of bankruptcy as quickly as was prudently possible. |
I felt that Simon did have my back at all times, when the Debtors and the UCC were radio silence. His constant communications were priceless. |
His extensive video's |
His was from the point of view of the small investor rather than the large investors and also the insiders that were part of the problem, |
I am certain that there are many it's difficult to recall them all in a clear and concise enough manner to allow me to tabulate them all. |
see comments in 6 questions before this one. |
He seemed knowledgeable and confident in his approach to the bankruptcy. |
I feel like Simon Dixon's efforts helped jump start the precedings of this Bankruptcy process and kept it going in the right direction by all parties involved. |
Nobody can cover the details as thoroughly as Simon Dixon. |
Mr. Dixon is a man of great integrity and humility. He is the only one I trust when it comes to navigating this awful bankruptcy process and ensuring the best interests of the creditors are achieved. His word carries great weight in the Celsius creditor community. |
Hope, community, understanding of what went wrong and a good approach to fixing the problems. |
Again, the many videos of great service and no one else was doing anything similar |
He had a plan then he changed it to suit the changing and developing outcome. He was prepared to work with anyone, well maybe not Mashinsky. |
A |
I've never seen anyone ride through such a twitter shit-storm and come out as a hero. Off topic, but I've grown to hate twitter/x. It has taken a rightward tilt w Musk and the amount of hate speech, bigotry, misinformation and the like has grown in my direct experience. One of the side benefits of getting through Ch. 11 with Celsius and the NewCo is that I can forsake twitter, as I'll have no need for it. Can't wait! |
I cannot imagine any of Simon’s in-depth YouTubes/Twitter spaces and posts with extensive explicatory and detailed presentations being provided by anyone else in the financial services/cryptocurrency space. |
I can think of no one else, with the exception of Aaron Bennett, who has been able to keep Creditors informed on the Celsius bankruptcy journey and do so in laymen terms that I think most Creditors could understand. I genuinely feel indebted to Simon for everything he has done for us Creditors. I hope he will proudly reflect on how he has helped us for the rest of his days. I am certain that Voyager Creditors wished they had a Simon Dixon. Sadly they did not. |
There is no one and nothing I know of that provided what Simon Dixon did nearly week after week as news was available. |
When asking earnmembers to report our claim to his portal to give his voice weight. |
Please read my initial statement. |
have been long in the industry enough that understands all challenges that comes along the conflicts while being a fellow creditor. |
Honesty, Integrity, Dedication, Sincerity, I think its fair to say…”His Parents Taught Him Well” |
Open, seemingly honest communication and commitment to the market. |
His analysis and his summary of all documents was invaluable |
it seemed to me that simon had experience with chapter 11 in some other company. his experience proved to be very valuable for us celsius creditors. |
again no real insight on this question. |
Honesty |
high visibility on social media |
He's a big creditor and has vested interest to help people |
Years of experience working with regulators in crypto. |
Dixon is non-American, and that affords him a distinct perspective. Dixon's concern with retail. The sheer amount of information he made available, and time and effort spent producing it. Dixon might have been more transparent about the capture of new clients for his Bank to the Future. |
Honestly |
his input was timely and to the point |
His hard work and dedication to creditors. Twitter spaces and YouTube videos. Many thanks for your hard work and dedication Simon. Your advice has been impartial and data driven throughout. And I have learnt a lot regarding my own investment strategies through the knowledge you have shared with everyone. |
From my perspective, Simon Dixon's personal involvement in the Celsius Chapter 11 bankruptcy case went above and beyond what was typically expected, even surpassing the efforts of the UCC (Unsecured Creditors' Committee) team : |
Dedication to Clarity: Simon Dixon's dedication to providing clear, comprehensible explanations of the case details and legal processes was exceptional. While the UCC team may have been focused on their formal roles and responsibilities, Simon went the extra mile to ensure that information was accessible to all creditors, including non-native English speakers like yourself. Accessible Communication: His use of YouTube videos and live sessions made communication more accessible to a broader audience. This accessibility was particularly valuable for those who might find legal documents and formal communications challenging to understand. Personal Connection: Simon's personal involvement likely created a stronger sense of connection and trust among creditors. His genuine commitment to helping the community fostered a more personal and approachable atmosphere compared to the formalities of the UCC team's role. Community Building: Simon's involvement went beyond just providing information; he actively contributed to building a community of creditors who could support each other throughout the bankruptcy case. This sense of unity and mutual assistance can be incredibly valuable during challenging times. Empowerment of Creditors: By explaining not only the facts but also the implications of various actions, Simon empowered individual creditors to take control of their positions and make informed decisions. This level of empowerment may have exceeded the scope of what the UCC team typically provides Global Perspective: Simon's involvement might have been particularly crucial for international creditors, like yourself, who might have felt more disconnected from the UCC team's activities. His global perspective and use of plain English made information accessible to a wider, diverse audience. Holistic Approach: Simon Dixon's personal involvement seemed to take a more holistic approach to supporting creditors. He addressed not only the legal aspects but also the emotional and practical challenges that creditors faced during the bankruptcy process. |
Concern for the victims |
I imagine that others could have duplicated Simon's information. However, I'm sure that nobody else would have the critical access to important information, the ability to reword it for a non-technical/non-legal person, and the motivation to deliver it so consistently. |
The due diligence process to review all the bids would have been significantly longer and cost lots of money from lots of people - Simon's actions streamlined that process dramatically. |
Simon was the most credible information source who remained objective and open to different views throughout the process. |
He is also a creditor like us thus interest is aligned. Simon cut family bereavement short to help creditors |
Simon’s unique insight into Celsius the company set him apart from everyone else |
IF HE STANDS FOR PUBLIC OFFICE--HE GETS MY VOTE. |
Sign him up |
He did not need to prevent duplication. His services were umique. |
He used a whole team to work and give us more value. |
Simon set a timeline of his updates on YouTube and kept alerts for the creditors to tune in. |
Only that his experience and expertise seems unique in this situation. |
I believe Simon actually gives a crap about what happens to people he’s had 12 months or more of showing up day and day out and helping us understand what’s going on that’s pretty unique |
1. There are not many as knowledgeable as Simon. 2. There are not many as motivated as Simon. 3. Most all of our interests aligned and Simon spearheaded the effort (as far as I could tell). 4. Simon is more experienced than 98%+ of people involved in this mess. 5. That he kept his cool and worked for teh best outcome in a bad situation was probably very overlooked. |
His clarity and loyalty made it much easier to understand and allow people to make their own decisions that would benefit each individual. All this without pressure or pressure |
His desire to help all people involved whether small or large accounts were held by creditors |
During the Cel squeezing movement, Simon opted not to participate due to concerns about potential legal repercussions. Despite the disagreement of the majority of creditors, he chose to distance himself from the movement. |
His clear and consistent approach to the issue was distinct from others. |
He has more knowledge than anyone else and can articulate in a simple manner. When he isn’t sure about something he is quick to defer to experts. |
He runs a regulated crypto and securities firm that offers investors access to traditional financial products as well as financial innovations backed by Bitcoin. Also, he is a pioneer in the crypto industry with over 10 years of experience. |
Constant transparency and honesty, along with perseverance and consistent reliability. |
Simon possess the drive and passion for the crypto industry along with the expertise to navigate it. It’s a rare professional combination and even rarer when it’s accompanied with a strong ethic and sense of values. |
His unique and extensive experience in this crypto companies , snd his consistent and tireless work behind the scenes as well as constant information . What sets him apart is this? His unique perspective is unique knowledge, his unique experience, and his work ethic and his caring about creditors. |
Mr. Dixon's intimate knowledge of the Celsius bankruptcy was pivotal in the UCC receiving the best possible outcome. |
He was the only one - there was NO ONE close to the amount of information he provided. |
I wish we had an independent examiner appointed by the court from the beginning. Not UCC and the examiner doing the same work. Also, I do not understand why judge Glenn didn't ask for the examiner report to be done under oath??!! Clearly judge Glenn knows if it's not done under oath, it cannot be used as evidence in court??!! If it cannot be used as evidence, why waste the money in the first place?? I don't understand! |
I am not aware of any item that eliminated duplication. |
His integrity and record as a Bitcoin maxi. His record in seeking compliance and regulatory approval in doing business. His belief in the space and perseverance. |
No one else took time to organize live twitter spaces often to try to answer questions and even bore the brunt of many peoples frustration at first, as people had no one to vent too. Imagine losing your life savings and all you have is a one way sporadic email to inform you. Simon changed all that. |
Highly genuine and trustworthy as certainly Simon is.. I hope actually people would duplicate such trust and selflessness in their business operations. |
His believeability. |
Willing to help and speak up! |
Ongoing communication via YouTube |
YouTube video series. Twitter spaces explanations. |
Simon’s high level of credibility and lack of bias. |
Regularly providing updates via YouTube and taking questions in the process including his 5 part series that I've been following. |
Day by day, constant effort. |
Simon Dixon showed there was a unique way to restructure the Company, based on his experience. We didn't have to re-invent the wheel entirely. |
he put his name and face out there for everyone to criticized. that take balls and you have to back it up. |
He always explained what is best for us and help us to get the answers we have |
There would not have been the same transparency throughout the process of it weren't for Simon. Even if it wasn't the transparency he alone brought, it was the transparency he encouraged in Spaces, Telegram channels, etc. |
He has a combination of relevant background, relevant experience, skin in the game, and no discernable conflicts of interest |
I could always feel the sincerity of his communications. This reduced my anxiety in this complex process. |
Just the knowledge base would be difficult to fake. |
He has inside knowledge of most of what was going on behind the scenes. The AdHoc groups that formed listened to him |
All of his YouTube videos were unique. No one else was producing them throughout the bankruptcy, let alone at the level and thoroughness in which Simon was doing. |
1) Simon is one of very few who has extensive experience in running a business in the crypto industry as well as saving failed crypto companies such as Bitfinex. Although there are many others who have experience saving traditional companies, I believe Simon is one of a handful with experience applicable to Celsius' Chapter 11 |
Combo of youtube and twitter spaces |
I have been trusting that his involvement is upright and supportive of the whole of the creditors as well as his own significant interests. |
By presenting his 7 part video series , it was very detailed as to the processes that were already used in his solutions for other companies and therefore he knew what would be workable in this similar situation as complicated as it was. |
The youtube recording of the AMA (Ask Me Anything) Space session held on September 8th, 2023. |
Twitter spaces every step of the way through the bankruptcy |
Freely available to anyone , donated his time. |
Dedication, work ethic, attempt to be unbiased. I suspect in many ways he is always like that, but I also think the passing of his father inspired him to recognize even more acutely that some things are more important than money and he expressed this in helping others who could not defend themselves. |
He brought his fast experience and business acumen. While at the same time, having a very diplomatic approach. There is no one that made me realize compromise is key. Even while going for your best results. |
Comprehensive |
No one has the means AND makes the info videos that Simon did. Simon uses his financial independence to fight for those of us that can't or don't even know how to. Without Simon, from the start I would have felt, yet another layer of helplessness. |
I suppose being kind and open. |
He conducted himself rationally and with the facts at hand, while he also has a personal agenda, he was able to help a vast latitude of retail investors that don't have the same business acumen on similar situations |
Simon’s initial video series was essential in getting information out in the beginning. It helped having that knowledge to endure the several months to come, following the legal and negotiation process. There would have much more creditor anxiety without it. |
His past knowledge helping other collapsed exchanges/funds. Bitfenix? Invaluable experience. |
experience, resources, proven business ethics |
Simon Dixon became the Gold Standard of the get out of bankruptcy from Celsius. |
I believe Simon spent his money and resources to not only help himself but also follow Creditors First mentality consistently throughout the journey. |
Expertise. Experience dealing with another company that went bankrupt and helping them getting afloat |
HONESTY!!!! |
Crypto knowledge and investing knowledge |
7 |
His YouTube videos were the most detailed explanations that one could find. |
His knowledge of the financial world and crypto space and its ever-evolving marriage with regulation is unparalleled. |
Discussions and presentations about ongoing Celsius reorganization activities. |
Simon Dixon cannot be duplicated. He's a modern day George Washington. My hero. Thanks brother for helping recoup some of my hard earned money from these crooks. God bless him ! |
He did all for free !!!!’ Thank you for all that you have done Simon!! |
Constant updating and giving advice, without it being legal advice |
In my opinion he was more of a team player and tried to do what was right for the greater good rather than protect his own assets. |
Logic and strategic approach |
Many YouTube videos, many Twitter spaces, regularly answering questions. If other people were doing this as well, I didn't see them - except for Aaron Bennett and mainly he was just summarizing the legal aspects. I was not really involved in the Discord groups either, so those might have had some impact, I just don't know about it. |
Many YouTube videos, many Twitter spaces, regularly answering questions. If other people were doing this as well, I didn't see them - except for Aaron Bennett and mainly he was just summarizing the legal aspects. I was not really involved in the Discord/Telegram groups either, so those might have had some impact, I just don't know about it. |
honesty and integrity, if i get nothing back i am in deep trouble, which may affect my survival at this stage of my life |
Simon himself. |
No comparison to others. |
His YouTube presentations. |
I truly feel that Simon Dixon did this from a desire to help and protect others. While he had over $1 Million on the line in value... He could have written that off, walked away, and not changed his future. Many of us had our retirement funds with Celsius... Because of this, I felt he was doing both DEEP research, and reporting ACCURATELY. I don't think I could trust many other people to report things so clearly. And to leverage the team of lawyers that Simon has access to! |
his video series, his knowlege of crypto, his temperment, his passion....all of these things would have been hard for most other people or entities to duplicate |
The videos that he put out were extremely helpful in keeping me informed of the process. |
He is able to communicate complex financial information to a creditor class of mostly lay people. He allows for competing opinions and is great in the face of conflict and hostility. He comes up with creative solutions to complex and unfortunate financial problems. |
He's there. 2000% keeping up up-to-date the whole way. |
The man is worth millions and still worked himself to the bone for the sake of others. Yes he has a dog in the fight too, but he could have stayed quiet and looked after himself. The man is a treasure, a man of the people. |
Simon put himself on the line. In the beginning of this process I really wondered if it's worth it for him. I'm happy for all the help he provided me and other creditors! With out him I probably would not have voted. I'm also a Creditor in the FTX case but decided to "just forget about it". No one like Simon guiding me there! |
His financial background |
His Bnktothefuter platform |
Constant communication with creditor community |
I haven’t seen anyone else go into so much detail and provide as much information through longform YouTube video and Twitter Spaces discussions. There were those who created Twitter Threads in which they discussed their plans, ideas, and opinions, however I found Simon to be the only one to provide this information in detailed yet easily digestible video format. |
Simon explains complex law jargon into plain English with no hidden agenda |
Simon's leadership was unique throughout. No one could duplicate him because no one else was in his position. |
Simon did not have to devote his time and energy into making life easier for creditors. I for one will be eternally grateful that he was there to fight for me. |
Simon has provided a greater depth of information to individuals going through this process AND he has been working tirelessly to drive the best possible outcome. While there are others who may be providing similar information to the community, I have not seen others get as involved as Simon to drive positive changes and a positive outcome. |
Simon was playing 3D chess when everyone else involved was playing checkers. |
he gives me theimpression he really does care and is as honest as they come. |
integrity & selflessness |
Simon had been involved in Celsius from word go and had a large stake in the bankruptcy, hence he was a real stake holder, we felt he was representing the small creditor too. |
The series of videos Simon created just before the voting was, I think, very crucial to me as a creditor. I got to understand the implications of the vote. |
I believe Simon and his work |
Simon has provided all of the services at no cost to the creditors. He has relentlessly and tirelessly contributed to this case without once asking for any fee. |
detailed |
Being humble, honest and very personal. |
I think I’ve already answered that |
His in-depth knowledge of the financial system and crypto industry is unbelievable. He has also navigated the politics of this process with skills of an expert negotiator, keeping in mind that creditors have had their wealth stolen and has been guiding star to do what he can to right this wrong. |
He called out things that were unfair, because like in so many expert fields, there are things that people think they understand, but in reality have no idea. |
Reaching out to common ppl affected by the Celsius bankruptcy. |
His knowledge and experience would be hard for others to duplicate. |
Very detailed and looked at all the possible outcomes. |
Simon, experience and expertise in dealing with cryptocurrency investments would not be easily duplicated by others. That combine with the fact that he was a fellow creditor also made his particular involvement hard to duplicate by others who are working in the professional Capacity as advisors or lawyers. Another aspect that would be difficult to duplicate was that Simon, Dixon Services, extensive as they were, were provided without him, being financially compensated for them. This meant that all the benefits that the creditors accrued from his contributions came voluntarily and for free and therefore did not adversely impact the resources that remained within Celsius, as he did not take a salary, and did not charge fees, as other professionals by necessity did and justifiably so |
Giving a large amount of his time and effort, relentless working to educating the less financially savi of us about the whole process. Whilst remaining upbeat at a difficult time for him personally and lifting the spirits of thousands of us fellow fraud victims. In my opinion there is no one who as done more to help. |
Simon Dixon has background in banking, regulations, and many other areas needed to put together the most efficient recovery plan. |
Perseverat, Not stopping machine and Financial guru |
The explicit description of the 'Stalking Horse' process and what to expect. As well as the 7-part series he released |
See above. Simon is a wonderful kind and empathatic person. Those qualities reflect on his work. |
What sets Simon apart from others is his attitude and approachability. On Social Media, Celsius officials and the UCC would not respond to any questions in the early months from the freezing of funds. Simon has answered many of my personal questions directly or through spaces, he retweeted my posts and interacted with me and many other creditors from the start of the Chapter 11 process. |
What sets Simon apart from others is his attitude and approachability. On Social Media, Celsius officials and the UCC would not respond to any questions in the early months from the freezing of funds. Simon has answered many of my personal questions directly or through spaces, he retweeted my posts and interacted with me and many other creditors from the start of the Chapter 11 process. |
The youtube chanel with great content and the ama's on X spaces are great. |
I don't at this time. I'm putting my trust in Simon to do what's best for us creditors so that we can get our coins and funds back under the best possible scenerio. I provided and submitted my support in the voting process and will look forward to hearing updates from Simon as we go forward and what options I will have in deciding what I will be doing with my funds and in the future of the new company |
His extensive knowledge and determination to work around the clock for the benefit of the community without even getting paid is unprecedented. It is inconceivable to think about another person who could have and would have done the same. |
Mainly the integrity and factual content of his presentations to creditors has set him apart from others and made it impossible for any duplication of his content. |
His experience as investor in the crypto space and insights into crypto as investment banker. I also read his first book. |
Use of social media to organize, teach, and inform. |
Depth and breadth of knowledge & experience and all the Regulatory Licenses he has been able to receive for BTF which has not only helped his company and clients over the years but many others in our industry. |
He has a lot of experience in the financial area and cryptocurrencies, being a true Bitcoin OG. He has already solved other complicated identical cases such as the bitfinex hack recovery. |
Explaining the legal paperwork - including if I choose a different path than Simon Dixon |
Strategy on recovery plan that nobody did or helped with |
Simon used Bank to the Future to create a community for collective voting initially, also focused much of his time on Chapter 11 taking his time away from running Bank to the Future. BTTF delivered software that helped the community log their interests and help show the community what was achievable i.e. seeing the art of the possible in real terms and not just in words. As far as I'm aware, no other person or organisation offered any such services. |
Honesty and openness. |
Simon has stayed loyal to the idea of what newco could look like in order to be the best possible outcome for creditor. He's been honest and open througout the whole process and has become trusted by a large portion of the active creditors (active as in following the progress of the ch11 process). |
Commitment of personal time, dedication and transparency. |
I can’t because I only referred to Simon. As far as I know, there was nobody even close to what Simon was doing for us. |
Simon has stayed true to the idea of what newco could look like in order to be the best possible outcome for creditors. He's been honest and open througout the whole process and has become trusted by a large portion of the active creditors (active as in following the progress of the ch11 process). |
He has the creditors best interest in mind |
He is offering to provide a possible seamless transition to non-US citizens of any recovered funds. Although I cannot participate being a United States citizen. I am sure many people will welcome the chance to be associated with a company that is trustworthy and has a sense of morality. Many creditors had stable coins which removes the cash cash they have been converted into other instruments and compounded questions regarding taxation. |
xxx |
His prior experience in similar instances gave him the foresight to anticipate everything that did indeed unfold in the end. If it were in his hands the UCC would be in a much better position from the beginning |
Simon used the internet effectively and managed data collection to form a voice that had to be taken seriously. Never before in history has a creditor been so fortunate to have a team leader that gave equal value to all creditors. |
His personality and longstanding presence in the industry |
. |
NOONE else would have attempted or achieved what he did .... he knew the area/field & had, or had access to, the expertise needed to stand up & be heard. |
Thru his videos series and depth analysis were very different from all the others content creator. His twitter spaces for QA also were very helpful |
Simon's network, due-diligence, his claim, but also he as a person and individual who was able to relate with thousands of people who saw their life's get wrecked by Celsius. Simon had the means to do the right thing, but that wasn't what set him apart. Simon chose to do the right thing, and for that I'm grateful. |
Every aspect of Simon's services appeared to be on behalf of the creditors and that impressed me |
Others have not, as far as I can see, represented 'the little guy and his/her pension" |
Simon provided spaces discussions and video updates for the Celsius community . Keeping Creditors informed . No one has provided similar coverage for creditors of FTX, Voyager, Blockfi or Gemini / Genesis. |
His commitment to getting out of Chapter 11. Countless twitter spaces and YouTube update videos. Transparency into the process. |
The fact that Simons services are entirely independent and he can answer without fear of financial, political persecution or loss of business sets him apart from the majority. Being a non-US based company in the Isle of Man & the Caymen Islands gives him and his company the abilty to act with financial freedom and integrity. All of this no doubts clears many business obstacles and gives him the ability to `take the moral high ground`, unshackling him from morally ambiguous decisons and an ability to steer his company`s to a greater vision, clearly set out in Simons authored books. |
Simon is without any doubt a highly skilled person with a very detailed view on the crypto market, businesses, securities, and not least experience with companies from the past going through a similar process. His goal was from the very beginning to put creditors first securing the best possible outcome for everybody. He always presented his view with a strong passion, well prepared and by following the rules given to him. |
Simon has been patient with, sometimes, highly emotional and angry creditors and remained professional throughout. Unlike many other parties who have organised AMAs when their part of the Chapter 11 process becomes relevant for them, Simon has been steadfast in his commitment to providing the clearest information possible from the beginning. |
I can point to the quality of Simon's social media presentations. He is very clear, and speaks to exactly what I want to hear. In addition he listens to responses and is very conscious of his social media followers a) to ensure they understand; b) take on board contrary ideas and speak to them; c) his commitment to creditors realised through his unceasing efforts on our behalf. I am also very gratified that Simon speaks for investors not only in the US but internationally. I am 67 years old and have Celsius investments valued (July 2022) in my personal name at around $14,000, and in the name of my Pension Fund ('superannuation' in Australia) of around $54,000 - part of my retirement. Simon's videos have allowed me to make informed choices pertinent to my financial situation and stage of life. |
Bnktothefuture operates in this space so is accustomed to the challenges and obstacles. Simon was also involved in other successful exit strategies. Years ago when B2F was potentially listing Celsius for series B investment. The B2F telegram community were eager to invest and so was I. Who would have thought Celsius would be in this situation. Thanks to B2F due diligence it was never listed for investment in series B. |
Providing the basis of the plan very likely helped speed things along. |
Personal, factual, honest, no frills, professional briefing, assumed intelligence of audience |
He has got the best people (lawyers, financiers, engineers, bitcoiners) around him. |
See above. |
First, having a road map. They Celsius was looking to drag their feet and charge the estate millions and never give a real road map. Discussing and shinning light on the ERP to pay people crazy money to stay - when there were perpetrators or low-level employees that anyone could do their job. |
Thoroughness. Relentless-Constant. Experienced. Creditor-first in mind |
His videos specially the ones made on the voting process helped creditors make the right decision for them. |
Simon being one of the big creators gave the rest of us confidence |
I am not sure. |
Simon cared about all of us, not just himself. |
I'm sorry, I can't. |
They were 100% FREE and only biased towards helping those who were damaged the most by this scam that was perpetrated on creditors. |
See above |
...,,,,,,,, |
No one besides Simon made the slighest effort to provide any communication and clarity. I wish that Simon would have been selected into the UCC and that he also would have been able to communicate freely. |
caring |
Simon is very smart and experienced in finanual, more than anyone. |
As mentioned before, Simon’s encouragement to not become Chapter 11 fatigued was something I had never heard of before. And I dont think I heard anyone else mention that sort of thing during this whole Celsius fiasco as well. |
Not sure I understand the question fully, but personally I only watched Simon Dixon videos and Aaron bennett as well. If there was someone duplicating I don't think I noticed. I really watched mainly his videos because of his sincerity and passion in trying to help celsius creditors. |
Simon Dixon is unique, so no one can replace or imitate him. |
No one can replace or imitate him. |
He is morally and ethically sound….this day and age that is a rarity! |
I find very few people who are attacked and stolen from in such an egregious manner and still maintain composure and egoless aplomb. Nobody laid out and such detail the. process more than Simon. |
Simon Dixon has the conviction to do things right through honesty and integrity. I respect him and I always be grateful for all the help he provides to us as creditors. |
For me personally the Celsius Bankruptcy did not have a serious monetary impact on my life but Simon gave me a unique mental support during the last year. To feel that there was someone professional and with big leverage fighting of us gave me hope that not all was lost, that there are amazing people in this space and not just fraudsters and schemers. I am so grateful for all the time and energy and money he invested for us debtors and keeping us all sane and hopeful. I learned a lot about bankruptcies and how they evolve. It was a better experience thanks to Simon Dixon. Thank you Simon. |
He is one of the largest creditors with a company that has the resources to propose unique insights into the Celsius bankruptcy and he had the moral compas needed to present these findings in an open forum. From all the other creditors that had this position in Celsisus there was no other like him. |
N/A |
The relentless giving of his time and money to our needs as Creditors and human beings. I was aware of many who contributed but if you added up the hours I don't think anyone came close to the commitment in time that Simon gave. |
Application Technology that enabled a Creditor to via their Individualized list of Bankruptcy Locked asset property in order to easily calculate recovery and also enable the individual to make an informed decision. |
The seven steps for restructuring Celsius through the bankruptcy process that established a blue print for a plan that was would be fair and equitable. This effectively eliminated the necessity for the inordinate amount of time it would have taken to select a committee of experts and lawyers to start from scratch. It served to jump start the whole process and accelerate the final product. |
Bank to the future services |
N/a |
No. I only follow him on YouTube. Not sure what kind of services he provided. |
I think he was very comprehensive, I already followed him so when he started talking about this there was no way I’d have looked to anyone else. I think his plans were backed by the experience of doing similar creative solutions in the past |
He really spent a lot of time and money reading through all kinds of filings educating us in plain English what is going on. |
Simon's high level of expertise in investing and the financial and securities background was far above many creditors knowledge and experience. Those traits were detrimental and very few people have all of these combined like Simon does. |
His industry and investment experience at Bank to the Future - which included prior early investment round dealings and discovery with Celsius, and being the only firm that I know of IN THE WORLD who successfully saved a somewhat similar company from liquidation (bitfinex) were unique and irreproducible. However, honestly - the sheer amount of time and effort he put into sharing his knowledge with all of us set him apart. |
Simon has the social platform & online presence reach as well as the trust of creditors. All that on top of his previously discussed qualifications. |
Yes, Simon had his own business and website where we could vote and see all aspects of the plan and what was to happen with the bankruptcy proceedings. |
All what I said above. |
No one else published their plan on social media. No one else had weekly AMA from The start to try to assure everyone that this can work |
The resources he was able to apply to understanding the bankruptcy and his financial acumen which led into his rare skill of being able to explain complicated concepts in layman's terms |
Simon's knowlege and communication skills built trust. Being a large creditor, shareholder and being responsible for putting his own clients into Celsius, he brought a unique perspective to the table. His experience in over a 100 Crypto company deals during the past 10 years also contributed to his unique skillset that quite frankly was needed in this Bankruptcy. |
Simon Dixon has been out in front, from the very beginning, proposing plans, making videos, and hosting events on the web in which all could attend and participate. |
His straightforward, clear and honest appraisal of our situation made Decision making far less painful than the flying in the dark approach |
His honesty. |
Simon has a unique experience in finance, alternative banking and crypto currency writing the first book on Bitcoin and advising Heads of States regarding adopting Bitcoin as legal tender. He had previously successfully taken on a bankrupt crypto company to the benefit of the creditors creating a very successful business and financial gain. One of Simons main goals was to unite the creditors of differing categories to get the most positive result for all. Simon is unique in his experience, giving creditors understanding beyond any other company or individual. |
Simon provided the original outline strategic recovery plan to the debtor and UCC, and was recognized by Fahrenheit themselves as being very helpful, and helping to fast track the plan development. |
Depth of knowledge, humility, passion to serve others. |
Simón’s background having been involved in the Bitcoin/Crypto industry, witnessed restructuring of Bitfinex, and able to describe how to best apply this experience and advanced knowledge of the regulatory environment and Bankruptcy proceedings is invaluable. Others didn’t duplicate this because most of the people with his experience did not appear to step up, provide a coherent argument and agree to share this knowledge with Creditors at no upfront cost. |
The time, the effort, the energy and money Simon has put into his contributions are unrivalled. |
Fortunately Simon is date stamped on several platforms… Simon is Clearly a Leader and has No Hubris … that’s what I love about Simon , he took his lessons early I suspect… |
Simon is a lot closer to the action than others I have listened to on YouTube. As stated above, his understanding of how all the pieces fit together and willingness to relay that knowledge to others is truly unique and appreciated. |
No body, took the time to tell what s going on. So thanks for the education. And the norther star, to guide us true, this proces. Think whit out, Simom whe would have a lot of duplications. Till the poin Celsius, would have been sucked dead by the lawyers. Thanks for your dedication. All that workt, on this day and night |
Simon offered viable solutions that others did not, hosted & participated in Twitter Spaces, and helped create & promote discourse and creditor participation within the Celsius community. |
The list of people who have successfully navigated a crypto related bankruptcy before and turned it into a golden goose for creditors (Bitfinex, returning 16x I believe) is very, very, very short. And how many on that list would cut short mourning for a lost father to take up the mantle of depositors' rights and fighting with blood, sweat and tears for the next 18 months on behalf of others? The answer is there is no one else.
I am generally loathe to attach my name to any kind of public document or questionnaire of this nature. Apart from family and friends, there is only one person walking this Earth who I would do this for, and he has earned my trust, respect and gratitude. Tenfold. Thank you Simon Dixon. |
I do not know any other person in the space that is as dedicated and genuine as he is in helping educate investors and creditors. |
His time spent researching and devoted to the creditors is something I don't believe anyone else has done or can do. |
I believe that Simon Dixon was encouraging the court to duplicate and use his plan from the get go. |
He is experienced with prior crypto bankruptcy and has a back round in investment banking so he knows both systems in great detail |
Simon Dixon provide a very public face within the process. This, and his status as a large creditor, put him in the position to know what was going on inside of the process. This made him an ideal point for others working on aspects of the process to reach out to for both information and support.
Mr. Dixon regularly directed people to the work being done by others. He also was clear to give credit to the contributions made by others. He levaraged all of these relationships and work efforts to attempt to obtain the best possible outcome for creditors. |
As above |
He was fighting for creditors |
1. He is so detailed, haven’t seen such a dedicated person, will do anything for creditors. |
Believable and EXPERT [=knows what happens next] |
Most of his furniture. |
Not taking the first bid that came along. |
see videos and his track record of success !!! |
He's the highest unsecured creditor. |
His court updates provided valuable information for me because I didn't have time to listen to the zoom calls so getting an up to the minute update via Twitter (X) was very useful and informative. |
. |
Extensive video and space discussions giving opportunity for creditors to ventilate their concerns |
He stayed neutral and focused on equitable solutions. |
Simon's regular youtu.be presentations and follow-up twitter spaces Q&A took a huge amount of time and effort but were extremely valuable to the whole community. |
I can’t say for sure. There were some really sharp folk contributing. Thanks to all. |
Welp he crowd sourced money to avoid bankruptcy, he kept us as close to the info as possible. "From day one, depositors first (creditors)." Everyday his honored his , father since his passing, his family, and mostly importantly himself. Oh ya he tried to get us paid in Bitcoin (HUGE fucking deal) and the court was either too stupid, greedy or both to allow innovation to truly manifest in impactful. I thought this was fucking America? |
- his industry experience - his passion for a better outcome for creditors - his access to legal counsel |
Twitter spaces engagement was fantastic. His explanations of the equity and Cel token were particularly helpful to me. |
Simon was and is a leader in the space. He used all available social media to communicate with everyone involved. His YouTube channel, Twitter, and emails. |
Simon Dixion's YouTube series was so thoughtful and helpful to the process. He is so organized and thorough with his YouTube videos, I felt I had all my questions answered. I felt so much better informed and less anxious. |
Everything he did for Celsius set him apart and prevented duplication by others. I believe others bankrupts company were learning from this ideas. |
Willingness to be transparent, upholding any imposed Gag rule, passion, and honesty. |
Simon created the first recovery plan and demonstrated how a creditor led recovery was possible. He brought many factions together for the benefit of all creditors. He proposed and shared solutions to the various obstacles that would prevent an equitable recovery for all creditors. He held accountable the UCC to represent the interests of the creditors. |
He provides clarity and he is also a stakeholder/creditor with significant locked assets in the Estate. |
Simon was the best original source for communicating information and providing solutions to challenges met along the way. He helped band together many talented individuals to create a strong and resourceful community, and oversaw the legal, NewCo proposals, and UCC representation for creditors. |
His thorough understanding of finance from his earlier career in banking and in particular the crypto understanding gained from direct experience as an early Bitcoin adopter and book publisher, crypto investment entrepreneurship by means of running Bank to the Future and direct experience with similar bankruptcy cases such as Bitfinex, combined with his utmost integrity of character set him apart from all others. |
Transparent non complex communication |
The fact that Simon had been down this track before with Bitfinex, however the profound loss his father suffered after the dotcom losses, no doubt set Simon on a mission that would have him seeking solutions and methods and strategies to defend ones self of having this happen again. In other words, his mission is very personal, with a love for his father that is undeniable and a soon that would not stop until his father got back what was lost and more importantly the answer to 'why?' No one else was duplicating this sincerity! |
His sincerity in looking out for the interests of smaller investors, without looking for remuneration or just for his own financial interests. I truly sincerely appreciate that so much. He was one of the few who I felt was “on our side” in a truly disempowering and confusing situation (ie Ch 11 filing). Without him, we all would have felt powerless, hopeless and stressful (for many, maybe even suicidal). I am truly thankful to Simon for his unselfish contribution all through this process. |
• His unique perspective as a Bitcoin OG and the founder of an investment platform. Dixon's deep understanding of the cryptocurrency industry and his experience working with investors gave him a unique perspective on the Celsius bankruptcy case and on the needs of Celsius creditors. This perspective was invaluable in advocating for the interests of creditors and ensuring that the bankruptcy process was fair and transparent. • His willingness to speak out against the Celsius management team and the bankruptcy trustee. Dixon was not afraid to criticise the Celsius management team and the bankruptcy trustee when he felt that they were not acting in the best interests of creditors. This willingness to speak out was essential in holding them accountable and ensuring that they were focused on protecting the interests of creditors. • His ability to organise creditors and give them a voice in the bankruptcy process. Dixon was able to organise Celsius's creditors to fight for their interests. He created several online forums and Telegram groups where creditors could connect and share information. He also organised several Twitter Spaces events where creditors could hear from experts and ask questions. This organisation gave creditors a voice in the bankruptcy case and helped to ensure that their interests were represented. • His willingness to file motions in the bankruptcy case to protect the interests of creditors. Dixon filed numerous motions in the bankruptcy case to protect the interests of creditors. For example, he filed a motion to prevent Celsius from selling its assets without first notifying creditors. He also filed a motion to appoint an independent examiner to investigate Celsius's bankruptcy. These motions helped to ensure that the bankruptcy process was fair and transparent and that the interests of creditors were protected. |
Simon put to work a team of experts that initially sought to understand the complexities of chapter 11 bankruptcy which is in itself a huge undertaking considering how complicated Celsius and its business dealings were. And after learning how these proceedings usually end, he employed intellectual gymnastics and game theory to conclude that the creditors were not going to fair well against the powers that be who had predatory interests and were very well funded. |
His sincerity in looking out for the interests of smaller investors, without looking for remuneration or his own financial interests. I truly sincerely appreciate that so much. He was one of the few who I felt was “on our side” in a truly disempowering and confusing situation (ie Ch 11 filing). Without him, we all would have felt powerless, hopeless and stressful (for many, maybe even suicidal). I am truly thankful to Simon for his unselfish contribution all through this process. He was one of the few, maybe only one, who provided impartial information and support without seeking financial remuneration of capitalizing on our misery. Thank so much for this. |
Simon Dixon unequivocally is the most important voice in the Celsius reorganization process. Simon has demonstrated though his actions that he can be trusted. |
He is the only one to successfully exit chapter 11 by initiating a restructuring plan such as Bitfinex.. |
Simon continually voluntarily provided a comprehensive level of detail and exploration of the many options that were available to the Celsius community. Simon would have had to of spent hundreds of hours to compile and then present the fast moving information in a digestible format (dumbed down) to many financially illiterate people such as myself. The dumbed down information Simon provided to us, as far as I am aware, did not benefit him therefore was an extraordinary selfless act. Thank you Simon! |
Only Simon has invested as much time and energy into this disaster. |
I can't answer. |
There didn't seem to be any other people, except Simon, that had a big amount on Celsius coming forward to help fight the good fight for the victims (big or small). |
Veel communicatie / toelichting voor grote groep creditors! |
Mr. Simon Dixon's loyalty to creditors is unparalleled. During this time of Celsius Chapter 11, no one else supported the creditors more than he did. I would like to thank Mr. Dixon for what he has achieved for us creditors. |
Mr. Simon Dixon's loyalty to creditors is unparalleled. During this time of Celsius Chapter 11, no one else supported the creditors more than he did. I would like to thank Mr. Dixon for what he has achieved for us creditors. |
He demonstrated true leadership by leading the creditors through the tumultuous and treacherous journey to this point. If not for Simon Dixon, I would have been confused and possibly misled by the pages of Court documents and email communications from the lawyers.
I want to take this opportunity to thank Simon for all the time, effort and agony he has endured participating in the Celsius recovery process. Thank You Simon! |
¨I will be board observer IFF other creditors are appointed as well ¨!!!!!!! Showing some balls !!!!!! |
His leadership with extensive knowledge in the field and the ability to obtain legal advice on his own expense for the collective good of the community and then ability and the extreme patience to inform the community and being able to pull us together for a common good. |
previous comments. |
As above |
No duplications, from my perspective nobody had the ideas, approach and contribution just like Simon, we have to be very happy that simon stepped in |
hewas always honest and you could always ask him question. |
Selfless quantifiable actions, that inspired and challenged the status quo for the common good of all creditors. This alone is what sets Simon apart from all others. |
I cannot speak to duplication by others, but in terms of being set apart Simon was simply accessible to the everyday creditor and this is so so SO invaluable. My hat goes off to you good Sir. |
NO OTHER PROFESSIONALS ENGAGED IN POSSIBILITY THINKING AND SCENARIOS PLANNING AS SIMON & HIS TEAM DID WHILE PROVIDING COMMUNITY ENGAGEMENT. CHAPTER 11 CONTEXTS WERE CONFUSING FOR A LOT OF NEW INVESTORS AND DEPOSTITORS OF CELSIUS (WHO BECAME CREDITORS), SIMON'S INFORMERCIALS PROVIDED INFORMATION AND EDUCATION FOR MANY OF US. |
His individual and personal approach using social media |
The fact that Simons services are entirely independent and he can answer without fear of the impact of financial loss, political persecution or broken business connections sets him apart from the majority. Being a non-US based company in the Isle of Man & the Caymen Islands gives him and his company the abilty to act with financial freedom and integrity. Bespoked, complex and legal compliance from a Non-US digital asset security investment company is key in being almost unique in this respect. Combined, this prevents the majority of businesses from duplicating his services. All of this no doubts clears many business obstacles and gives him the ability to `take the moral high ground`, unshackling him from morally ambiguous decisons and an ability to steer his company`s to a greater vision of true North via his moral compass, clearly set out in Simons authored books. Yes,I did mention `moral` three times ! |
As CEO of a Private Equity company he had/ has unique knowledge and understanding of the legal and regulatory requirements for a new company |
His own history |
I think the series of videos and twiter spaces Simon organiser were Simon contributions that I didn't see anyone else doing. I've seen other videos and twitter spaces that were supporting the whole Simon contribution since the stop of withdrawls |
I remember when he challenged Alex and made Alex back down and go away from the podcast, after Celsius had shut down and Alex was still trying to blow hot air. |
He has had his own (BTF's) lawyers on the case and is making statements based on his own involvement in the case. |
Nobody took such an active role to benefit the small investors. Not even the UCC, Simon used Twitter (X) and YouTube to reach clients like me. I never heard from the UCC who was supposedly representing my interest. Not even one email. |
As Simon is a significant creditor himself as well as someone interested in leading a solution moving forward. His transparent, open book approach to sharing his thinking and plans have been for the benefit of creditors as a whole as well as for the viable benefit of a Newco company taking this situation ouit of bankruptcy into a better place. |
Strong moral convictions, and being in communication and available every day |
As above. |
The shear time and energy that Simon has placed into this could not and has not been duplicated by others.
Simon’s fight for the most equitable solution for all, sets him apart from others. He seems unique in this aspect as others seem to fight for either self-interest or only in the interest of their clients. |
Getting creditors, stockholders more representation on the board of the new company. Buy adding three members to the oversight committee. |
He has his own skin in the game, analytical ability, monetary resources, great presentation and extremely friendly attitude. There just isn't anyone else with this combination. |
Simon definitely took the "bull by the horns" so to speak when Celsius blew up. He was the ONLY PERSON that seemed to try to figure out what happened and when and what to do about it. I capitalized those words for emphasis because when this all came to light, Simon was the only one that started to talk to creditors about ensuring a positive end to it all (as positive as possible anyway). |
Simon's work with developing and refining plan elements, as well as facilitating mediation between classes, reduced the friction, time, and legal work required to get to this point. It also resulted in a more refined, better creditor return than it would have otherwise. |
As I understand it; @abennet was reporting Simon's activities in good faith, so any information that has come to me through this, that was an outcome of Simons contributions is/was very welcome. |
He has credibility as a businessman & human being. His determination to ensure that he is doing everything possible to secure creditors the best result possible. The magnitude of the amount of work and effort would have put many people off, especially as he will still be perfectly fine financially. |
Providing video content |
#DEPOSITORSFIRST being the core of Simon's approach is priceless. The Stalking horse strategy was also a brilliant idea/move/concept that panned out well, given the circumstances. |
Tirelessness, dedication and selfless service |
Simon was in my opinion the "captain of the ship," the "4 star general" in pushing Celsius and the UCC to develop the best plan possible for the creditors. The creditor community owes Simon a tremendous sense of gratitude for his efforts and thank him so very much for his unmeasurable devotion to the Celsius community. |
Being transparent, open and honest. No one else in the space managed all those qualities |
Simon offered data which allowed me to make informed decisions. |
The level of expertise he brought to support the communication process and the excellent work done to put together easy to understand presentation to educate the creditors. |
Because he has been in the BTC community for so long, he had the contacts and community to back him up. His hard money, BTC, dialogue and his consistent direction, shown by his investments over the years, all go to amplify his credibility. |
I recognize a few. No one else took as their task communicating clearly and transparently the various developments in the case and recommended pragmatic and fair options to resolve each issue. No one spent a significant amount of time genuinely listening and giving a voice to the retail creditors. No one bothered translating all this technical jargon in plain english so that everyone could understand it. No one, except Simon. If anyone deserves to charge the estate for some expenses it is Simon Dixon instead of all other vampires who don't contribute much to the benefit of the creditors |
Simon Dixon was very open with everyone and openly spoke about his true feelings about the injustice to not only him but all the people who lost money from this terrible situation. He was someone who really cared that some people were hurt very badly to the point of suicide. He truly listened to people on the Twitter spaces. His compassion was evident in all the hours he spent on spaces. |
No. |
His regular educational content and contact with key creditors. |
Sorry, I don't understand this question. |
the time he invested reaching out to creditors |
Simon Dixon has worked through similar situations in the past and has the ability to see what the current situation is and proceed from that position toward the best outcome, and not let past events bias his decisions which could hinder the prospects which are available. |
Hé fought to have competing bids |
I think just the dedication to details and the amount of hours put in. As Simon says himself he "nerds" on this so no stone is left unturned but everything is done according to legal and regulatory procedure.( as far as I am aware) |
I think that most people who were actively following the BK looked to Simon's Youtube videos and Spaces events for the bulk of their information. |
I dont know |
I've been a ditch digger for 30 years there isn't much I could offer Simon but if he needs a whole dug I will do it for free. Thank you Simon for all your hard work |
Class and honorable Character! enough said. |
He kept the creditor community focused to move as quick as possible to bankruptcy exit. |
His personal experience masterminding the Bitfinex resurrection/restructuring has proven to be unmatched and invaluable |
Simon has proactively warned the community about the importance of regulatory compliance, and has allowed the proceeding to move forward without substantial objections from regulatory agencies. |
It is possible that someone could have duplicated Simon Dixon's actions but not likely that anyone would have. There are few people that have similar skills and resources as Simon, but to combine that with the motivation and tenacity to see the actions through to the end of this process makes any duplication of his actions very implausible. |
The shear time and energy that Simon has placed into this could not and has not been duplicated by others.
Simon’s fight for the most equitable solution for all, sets him apart from others. He seems unique in this aspect as others seem to fight for either self-interest or only in the interest of their clients. |
Though dedication |
I think he brought the players to the table and to the Twitter space to understand what people needed, wanted and expected saving everyone many hours of time. It also saved a lot of "circling the airport" for eveyone in the process. |
Transparency, and integrity. Simon from the earliest days of Celsius Chapter 11, was a promoter of "Creditors first!" I understand that there were many others who also contributed to this amazing team effort, and I certainly understand that it was not only Simon involved in this monumental effort. He was personally attacked on line in Twitter 'Spaces' on more occasions then I can recount. He was accused of having his own agenda, and his own plans to do what was best for him and his company...but time and time again, his clarity and transparency on social media, on YOU Tube, etc, proved to be that he was indeed, working for a 'Creditors First' plan. And for him that was his priority an that was, indeed, his agenda. |
Simon created videos to document and share his 18month+ process on youtube. He wanted creditors to know and understand everything that he was legally able to share at the time, during each phase. H e made many predictions about this Celsius chapter 11 process, sometimes getting negative feedback and hate speech as a result. It all turned out to be true. He has expertise in finance and banking, crypto, angel investing and securities investing. His company created a reorganization/recovery plan for Bitfinex. He has tremendous experience in ever aspect of this, except a law degree. Simon's contributions have been for the benefit of the entire Celsius creditor community and to keep the chapter 11 process moving forward in every way possible. Other contributors have more specific interests or represent particular group interests ie. Earn/ Loan or have a very specific knowledge or skill to offer. |
Twitter spaces and 7 part video series. |
The way that Simon Dixon distinguishes his effort and prevents duplication is by approaching the issues through the lense of a fiduciary to the Celsius Estate and it's stakeholders.
Simon's simple formula of transparency, encouraging the regular exchange of ideas in the community, and applying action in an ethical way invites no meaningful competition or redundancy. |
I am unsure how to answer this |
as above |
His ability to communicate, produce videos - and his willingness to answer questions often far beyond what’s reasonable. I have a PhD in Education and am a faculty member with a major University. I’m telling you that Simon has a gift as an educator and an advocate for the people he represents. That’s is only successful because he is transparent, builds trust, and demonstrates that he cares about what happens to the creditor beyond his own money. Simon is very capable of making money and could have easily walked away. But instead he sacrificed a lot of days at his own peril to do things he didn’t need to do. He also understands that what he does could change the role of bankruptcy by offering a solution that’s better than vultures stripping value from someone else’s investments for pennys on the dollar with spoils going to the lawyers. As a simple uneducated creditor just trying to invest in my retirement, this meant so much to me. And this passion is distinctive of Simon Dixons services. |
The distinctive hallmark of Simon Dixon's services was his proactive online engagement through regular videos and Twitter live spaces. His commitment to creating a vast volume of high-quality, real-time content was unparalleled and played a significant role in alleviating the nightmare situation faced by the creditors. This online presence not only provided invaluable insights but also created a community where creditors could come together and share their experiences and concerns. |
Simon Dixon has significant history in the crypto finance space, and has a history of helping companies progress through bankruptcy proceedings and produce positive returns. I am not aware of a greater independent representative willing to spending significant personal hours performing the research, reporting, Q & A sessions, and legal negotiations to seek the best and fairest results to the general class of creditors. |
Open Accessibility: Simon Dixon's open accessibility on platforms like Twitter live spaces and YouTube set a new standard for real-time engagement which was not mirrored by other professionals in the case. This level of accessibility provided a direct channel of communication that was unique to him. Real-Time Engagement: The real-time nature of Simon Dixon’s engagement through live sessions and regular videos provided a level of immediacy that was distinctive. This real-time engagement, not only in providing updates but also in responding to concerns and questions, set a pace that would be challenging for others to match. The spontaneity and immediacy of his responses demonstrated a level of dedication and availability that is difficult to duplicate. Community Building: By providing platforms for real-time discussions, Simon Dixon cultivated a supportive community among the creditors. This not only disseminated information quickly but also provided a unique support system that was not seen from other entities involved. Simplification of Complex Issues: His ability to simplify complex legal and financial issues in real-time during live sessions was a unique service. This spontaneous simplification of complex matters into understandable terms was a distinctive feature that would be challenging for others to emulate. Advocacy for Small Creditors: His advocacy for smaller creditors was amplified through his real-time interactions. This level of advocacy filled a critical gap, and the immediacy of his engagements helped address concerns as they arose, a feature hard to duplicate. Online Content Creation: The substantial volume of high-quality, real-time content that Simon Dixon produced was unmatched. This dedication to creating an informative online repository in real-time was a unique service that was not duplicated by others. Interactive Q&A Sessions: Hosting interactive Q&A sessions in real-time where real concerns could be addressed promptly was a distinctive aspect of Simon Dixon's contributions. This interactive approach fostered a two-way communication channel that was not provided by other professionals, making it a unique and hard to duplicate service. Transparent Motivations: His transparent motivations displayed during real-time interactions showcased a genuine concern for the well-being of the creditors, setting a bar of trust and engagement that would be difficult to duplicate. |
As above |
Simon's seven videos with the slide shows and bullet point explanations leading up to the ballot voting were invaluable. Without his presentation the creditors would have had to listen or read information from the courts, the lawyers, the UCC, etc, or we may have received duplicate information or an incomplete summary that would require creditors to try to piece all the information together individually. |
He has a well established credibility in his opinions on the chapter 11 cases and be able to influence a lot of creditors to make the most appropriate decisions. |
He was the only person doing updates and ama’s when creditors could ask direst questions and he would answer based on his capabilities. I don’t think anyone has come close to representing the whole of creditors and bringing all creditors together as 1. |
Extensive information provided by Simon, also on all the 'dirty detals'. |
Well meaning, truly concerned and acutely aware of the human suffering Mashinsky and co caused. Throughout Simon Dixon stood out as a beacon of light and hope. |
Simon is thorough and won't leave any victims behind. He fought till the end and report exactly what battle was lost and what was won, and what are the options available and how to deal with it and proceed for a brighter future. Besides the actual contribution in terms of financial recovery, his emotional support is critical as all of us (creditors) lost pretty much our entire life time savings to the scammers behind Celsius. |
to many to list |
honest, very knowledgeable, without Simon we would be in Limbo |
Unique content provided in Twitter spaces. You tube videos. |
He's standing with creditors. |
His advice on getting ad hoc loans and Earn to work in mutual interest . |
No I can not . |
His integrity. |
I really don't even know where to begin. Simon was the voice of reason and seemed to be one of the only wealthy person fighting for the average retail investor. I've never seen anyone in that position have that kind of persistence and willingness to keep the amazing analysis and contributions throughout the lengthy process. |
He was the only one that made countless videos explaining all steps, and answered all questions that people had |
Simon Dixon's understanding of the regulations and commitment to a detailed plan to get out of chapter 11 was pivotal for moving the process forward. |
No. However, for me, an old lady, Simon's YouTube broadcasts brought me hope and helped to guide me through what was happening in this very convoluted process. I believe in his sincere efforts to get the most promising outcome for creditors. |
Same answer has last question. |
No one else organized and rallied all parties together to give a voice to all and guide us through how each fork in the road could pan out. He did this sincerely and tirelessly. |
Determination's making him different from others. I fed up and leave the case be many times. But he is the real fighter for creditors. |
Governess was key having 3 people w/ skin in the game as observers. |
He copied others |
No time to scomplete sorry |
Galvanising the community on Twitter (X")spaces + YouTube with regular updates informing and educating which most likely impacted the improvement of offers submitted by the various bidders. |
s. oben |
- |
Knowledge, background, esperienze, personal and company exposure to Celsius |
When did you start watching or following Simon Dixon?
Provided great clarity of the current situation in immense detail |
Before this Celsius debacle |
At time of Celsius account freeze |
Almost immediately after this all started. And have been following along from a distance since then. |
Immidately after the Celsius situation started and Simon became involved. |
From the beginning. May or June 2022 |
Begging of Celsius saga |
just during the voting process |
when he started putting out the videos explaining what was going on. |
Shortly after the freeze of withdrawals |
July 2022 |
From the first time I saw Simon you could tell he was on a journey help others - he’d obviously made his money and now wanted others to have that opportunity- blatantly a good guy. Some people won’t like him because they don’t understand the true meaning of altruism. He’s a good geezer! All the best Simon. |
I started watching, or following Simon Dixon about three days after Celsius commandeered, all of my crypto |
Couple of weeks before the bankruptcy |
2018 via bitcoin More intensive during bankruptcy |
day 1 |
From the get go |
Right after his first discussion of fraud and during the fever of the CEL token short squeeze attempt. |
As soon as I heard that celcius were mast crooks!! |
Roughly 1.5 years ago. |
2019 |
Since first video from him about the subject |
since Bankruptcy date |
From the very beginning. |
2020 |
Upon bankruptcy filing |
Immediately after Chapter 11 was filed. |
January 22 |
Since he began talking about the Celsius bankruptcy |
2 years ago |
After celsius paused everything. |
I think it was 2021, maybe 2020. Well before this Celsius bankruptcy kicked off. Thanks Simon for all your efforts over the years, so helpful for all us Shrimps! I'm looking forward to a YouTube vid on the crypto market / global macro and the end of constant Celsius content! :D If you are ever in East Devon and fancy going for a beer send me an email :D |
Max keiser 2014 |
When he first came on the year shortly after the filing of chapter 11 from Celsius |
I watched you Simon before this chapter 11. I was into financially education. I watched Max Kaiser, Mike Maloney, and others. I was enjoyed that one video when you did a narrative on the IMF video. That video was about how IMF tried to implement digital dollar and you explained what they are really trying to do. You were able to decode their message because you understand finance. Of course, as a fellow creditor, I glue to your channel week after week without speaking up on stage. If I ever see you in person, I'll give you a big hug! |
Quite soon after Celsius declared bankruptcy |
2020 |
From the very beginning of the bankruptcy process. I've spent hours and hours listening to him. |
Since Rob’s YouTube live. Since then, I have been following Simon as closely as possible. I hope Simon understands how much he is appreciated by average people like me. |
From the start |
Since the earliest days, before he co-founded Bnk To The Future with Bliss. |
Some years ago when I was researching Bank to the future. |
As soon as the news was announced that Celsius was insolvent. |
July 2022 |
First time was in an interview with both Alex Mashinsky and Simon, once Simon blew off the ongoing deal it got me interested:) |
After Celsius filed for Ch. 11. |
Early on in the bankruptcy. When he disclosed the amount of money he invested I began to listen intently. |
From when he first started Tweeting about the Celsius Ch 11 case back in summer 2022. |
For the last 14 months |
Almost immediately after the bankruptcy was announced and I heard about him from another youtuber that I was following. |
though Celsius saga |
Just the day after the petition date of Bankruptcy. He has been the hope of all retail creditors |
At time of bankruptcy. |
From the Beginning. |
I participated in the first Series B round with Bnktothefuture - so from the beginning. |
Before chapter 11 . I was one of the class b investors via Simon's company in celsius that has since lost that money |
Probably 2021 but it was prior to the bankruptcy |
Right after our funds were locked on Celsius. |
The day Celsius shut down withdrawals - Otherwise..... DAY 1 ! |
I started watching Simon Dixon before the bankruptcy case, I believe in January 2022 when I found him online while researching bitcoin and retirement. Thank God I was a follower as he kept me informed all the way through this horrible case. It wasn't as horrible as it could have been because Simon Dixon was there guiding the way for us creditors. |
Right after Celsius filed for bankruptcy |
Since the initiation of the Celsius withdrawal pause |
Right after his first video on youtube |
Several years ago on Bitcoin channels and bank to the future site. |
The very first time he posted about the Celsius bankruptcy on Twitter. |
December of 2022 |
I started watching Simon's content in 2020. |
On or about May/June 2022. |
After the bk was filed. |
As soon as he reached out to assist Alex Mashinsky..,his first videos on creditor recovery |
Just barely before Celsius halted withdrawals. |
Several years ago on Bitcoin channels and bank to the future site. |
From day one. Thank you Simon. |
right after the shit hit the fan |
1 year ago |
I knew of and sometimes watched Simon before the Celsius bankruptcy, but the bankruptcy and his outreach amidst that great pain and loss is when I really started to take him seriously. And then he started to get buff.... |
I first started watching Simon many years ago on YouTube videos. Initially, I was really only watching them sporadically but once Celsius collapsed, thanks to my familiarity with his work and background, I was so grateful that he was putting himself forward as a force to fight for us creditors. I cannot describe how grateful I am to him and his team. |
Late 2022 |
I knew of him prior to this bankruptcy and have had a high opinion of him in this space for several years but I have never had contact with him. |
From day 1 baby. I was there when he came out of the Celsius bankruptcy warpath womb. |
Fall of 2022 |
Approximately July 2022. |
6/2022 |
Don't remember the exact date, but it was way in the beginning whenhe started to broadacst |
When he first appeared of one of Mashinskies AMAs. |
6/23 |
2019 or so |
From June/July 2022. I still remember thinking how horrible it was that this debacle got started right at the time of his father’s passing. |
I started watching Simon on YouTube before the Celsius shutdown when he was a guest on Digital Asset News. From the beginning, I felt he was an articulate, very knowledgeable, honest, and no nonsense individual. |
When he gave his four parts series on Retirement B. I wish I could have been part of that but I was already in my 70s. |
Right from the start, where he got on youtube allthough he just had lost his father, I had heard of bnktothefuture before and think of him as an honest and relyable man, who want to do god for people. |
About a week after June 12th 2022 |
From the start (date of withdrawals being paused on Celsius) |
Before the Celsius Bankruptcy. |
2020 |
From the start of Celsius’s debacle |
I have watched Simon on you tube since 2020. |
started watching him from day one, it was hard to trust after having trusted mashinsky, but after observing him over time, really came to respect his opinion and helped me confirm my own beliefs. |
When we were frozen out of our crypto |
right after chapter 11 was declared |
2021 |
Very shortly after Celsius froze withdrawals. |
Before the Celsius situation. |
2022 |
Bankruptcy of Celsius. |
Purely by luck, from the first YouTube videos, I think. There was long video or two where Dixon explained timing of father's death, and bankruptcy, investment history, and more. And then another video where he expained his 'skin in the game' and how his interests and mine might coincide. I think I followed then, and downloaded the Twitter app and followed there too. |
Maybe 3 years ago |
February 2023 |
Around the time of the Celsius bankruptcy. |
I believe I was following Simon’s crypto expertise even before this case started, but my interest has certainly become more focused since the Celsius Bankruptcy started to unfold. |
The day after Celsius paused withdrawals. |
Just a few months prior to celcius going down. |
His first one after Celsius pause |
From his very first Youtube and twitter spaces presentations. |
Very soon after the bankruptcy was announced. |
I started watching Simon Dixon when he came out with his BNKTOTHEFUTURE educational series. I have been learning from him to this very day. |
At the start of the Celsius bankruptcy. |
June of 2022 |
Since ch11 was filed. |
From the beginning of this ordeal |
2019 |
SINCE CELSIUS ISSUE CAME TO PROMINENCE. |
Two years ago |
Early in the process. |
A few years ago when I got into bitcoin. |
Like 1 month after Celsius stopped withdrawals. |
From the beginning |
Soon after Celsius filed chapter 11. |
I believe Simon actually gives a crap about what happens to people he’s had 12 months or more of showing up day and day out and helping us understand what’s going on that’s pretty unique |
Right after this mess was announced and he started talking about it. So... quite awhile. |
As soon as Simon started talking on this subject. I probably was watching the first video / stream he did. |
From right after the bankruptcy announcement by Celsius April 2022 |
From June 2022 |
2-3 years ago? |
Around the time of the Celsius bankruptcy |
June 2022 |
A few days after Celsius halted withdrawals. |
3 years ago. 2020 |
During or shortly after the bankruptcy process started. |
2020 |
June 2022 |
when Celsius paused |
Date unknown. However, it seems that Simon Dixon has been on the ride with us pretty much since the beginning. That dreadful day of suspended withdrawals when Mr. Mashinsky's fraud became all too obvious. |
When Alex Mashinsky decided to F**k us. |
12 June 2022 |
I do not know the exact date but it was fairly soon after the bankruptcy filing. |
When Celsius collapsed. |
During the start of the proceedings, and I am thankful I did. |
After I found about Simon through Aaron’s videos. |
Some years ago. I admit that I viewed what he had to say, initially at least, with scepticism, but over time have been convinced of his honesty. |
Year ago July 2022. |
1 year ago |
Day 1 of Celsius bankruptcy |
Shortly after the pause, when I still had believed Mashinsky’s lies. |
After the surprise of the Celsius bankruptcy while looking for answers & information on what was going to happen |
At the start of this entire Celsius bankruptcy. I admittedly did not know anything about him at all prior to that and I considered myself as following crypto news and markets relatively well. |
2021 |
About a year ago |
2017 |
When Celsius pause transaction |
Loosely a couple years ago, closer after the bankruptcy declaration |
Around June 2022. |
Came up on my twitter feed |
I've been following Simon since 2020. Thank you so much Simon. Your father would be very proud! |
From the begin and I have watched every video. |
Had always casually followed him, but really paid attention after chapter 11 began. |
Since Celsius filed for Bankruptcy and he made himself known as major creditor |
I can't recall the exact date, but it was very early. Around when it became clear that extensive fraud was involved with Celsius. |
Since late 2021 or early 2022. |
When Celsius froze assets |
Since the beginning of the bankruptcy |
I started watching Simon as soon as he made himself available for us to watch. I was sorry for his losses but he was selflessly sharing his expertise to help all of us and always teaching. Thank you Simon and God bless. |
I've been an avid follower of Simon Dixon since the very beginning of the bankruptcy, closely watching and keeping up with his YouTube video releases and his twitter spaces. |
As soon as Celsius declared bankruptcy |
Very soon after Celsius stopped withdrawals. |
Just after Celsius froze withdrawals |
Even before all this. I took his Bnk to the Future lecture series. |
From the very beginning. |
From the time he got socially involved in the ch 11 process |
I found Simon pretty much the moment Celsius stopped withdrawals. Even though I had been a pretty hard core bitcoiner before then I had not come across Simon. |
I heard about Mr. S. Dixon soon after June 2021 ; after Celsius funds had been held. I then began watching to his YouTube videos and listened to a handful of Twitter spaces. |
3-5 weeks after Celsius stopped withdrawals in 2022 |
From the very beginning. |
2019/20 |
from the very beginning. |
After listening to Rob Digital Asset News and James InvestAnswers. |
I started watching Simon when hi did an early interview to expose Celsius issues on YouTube. |
Since Jun 2022 |
After Celsius locked up our coins. |
3 years ago |
Before the Celsius debacle. |
When the Bankruptcy was announced. |
When Celsius went into bankruptcy in 2022. |
About 1 year or so ago |
I had watched him once on a Keiser report video. |
June 2020 |
Soon after the celsius debacle started. In the beginning it was difficult to find your way in the swamp of misinformation on the socials, especially if you’re not native speaker and not very experienced in crypto. |
I started following the UCC in November 2022 and thereon I noticed how Simon was fighting for the community, that is when I started following all the information and social media he was putting out. |
At the start of the celcuis down ward spiral |
I started following Simon Dixon just following the Celsius bankruptcy filing. |
I started following Simon Dixon just following the Celsius bankruptcy filing. |
I guess around September 2022 |
from the beginning, everyone else seems like a scumbag! |
Soon after my Celsius account was frozen. |
Since Celsius went bankrupt. |
From the beginning of this bankruptcy case. |
From about the time Mashinsky was still speaking publicly. I remember him coming on one of the calls! |
several years ago...long before Celsius....tried to register as accredited with bnk to the future but process was clunky so I gave up but still believe in what he is doing & will continue to follow him |
soon after withdrawals were halted at Celsius. |
2021 |
From the very beginning, when he was proposing a Bitfinex type solution to the awful twitter spaces when Cel Cat, Shark, Cryptosexual, Zach and others (notably Mashinsky that one time) tried to harass, intimidate, and defame Simon, to the hearing proceeding explanations, the auction, the vote - from the very beginning to now. Thank you Simon!!!!! |
From the beginning at the time of his father's death. |
After the Celsius rugpull |
Round september 2022 |
Shortly after the collapse in June or July of 2022 |
Not sure when but prior to the Chapter 11. On Invest Answers and Digital Asset News you tube channels. |
At the beginning of 2020 |
When I became an investor several years ago. |
Celsius account freeze |
2019 |
2019 |
From the begninng when he first heard about the Chapter 11 filing and began to get involved in finding out what had happened. |
At the start of the 7 part video series on YouTube approx 13 months ago |
I've been watching Simon's video since the very beginning of the insolvency. |
2022 |
I have followed Simon on the Celcius bankruptsy from the very begining. |
early on in the celcius case, i came across him on a twitter space talking to alex mashinsky, i thought what he was saying seemed worth looking into and it opened my eyes to the possibility that celcius had not been as honest about how they handled our crypto as i had been led to believe and perhaps i was wrong to be thinking celcius was a victim of market forces and it was infact likely due to gross mismanagement to say the least. I then looked him up and started following him on twitter and later youtube. |
6 months ago |
Approximately July 2022. |
just after end of may 2022 i think |
Aprox 2019 |
Right after the Celsius bankruptcy case. |
Couple of months |
One year ago |
I started to follow Simon Dixon before CELSIUS filed for bankruptcy from approximately April 2020 |
day 1 |
June 2022 |
Seems like it’s been just over a year or about a year very early on as I was already calling me Simon and Bnk to the future |
Around 2 years ago |
Been a long time subscriber to his YouTube channel. |
2018. I also would like to praise Aaron Bennett, who took the time to read through many of the documents constantly being issued and giving us the short versions. He also held Simon as one of the few Good Guys, reassuring my own positive attitude to Simon. |
When Celsius collapsed. |
June-July 2022. |
June 21 |
About a year ago |
2021 |
2015 |
From the moment the Chapter 11 started I looked to Simon to guide my involvement. |
3 years ago. I am Retirement Plan B student. |
A fee years ago |
From the beginning. I watched all his videos about this process |
Years before this diaster hit us. I would like to thank Simon from the bottom of my heart for all he has done for me and the community. God bless! |
I did not know who Simon Dixon was prior to the fall of Celsius. Now I will never forget him. Thankyou, Ash (@RektbyondRepair)
I don't have much to return for Simon's service, but on the 25th July 2022, I offered to make Simon a Cigar / Keep safe box from fine wood for his work as thankyou gift. He accepted. I have made a perfect one off special Box which I wish to send Simon from South Australia, I just need an Address to send it to. |
I did not know who Simon Dixon was prior to the fall of Celsius. Now I will never forget him. Thankyou, Ash (@RektbyondRepair)
I don't have much to return for Simon's service, but on the 25th July 2022, I offered to make Simon a Cigar / Keep safe box from fine wood for his work as thankyou gift. He accepted. I have made a perfect one off special Box which I wish to send Simon from South Australia, I just need an Address to send it to. |
I think almost over a year by now. |
Last year when I was looking on the internet of anyone discussing what will be happening with Celcius after funds were frozen. I don't know exactly where I came across Simon but have tried to follow over the last Year and 3 months once he started sending videos and signed up I believe for his updates. |
In 2018 after I watched an interview with him on Youtube. |
June 2022 when Celsius froze withdrawals from the platform |
His first tweet after the Celsius withdrawal pause. |
Approximately one year ago, a couple or a few months after the bankruptcy was filed. |
A memory test, well, for at least the past 6 years, so 2017. |
2017 |
Since 2020 |
Starting the celsius bankruptcy process |
I started watching / following Simon from the very 1st YouTube video he released. I attended some Twitter spaces when I could, but without fail I would always watch the videos either on live stream or on catch up. |
Since 2020 |
2015 |
From the date of petition by Celsius. |
Around February, 2023. |
2015 |
May 2022 |
I did research on Bank of the future before Celsius chapter 11 but not being a high net worth individual I couldn't participate in his company. |
Very shortly after the implosion and demise of Celsius. |
From the onset of the collapse of Celsius. Simon gave transparent and open honest direct information to everyone. That's held true and stood the test of time |
2017 he has been a prominent figure in the crypto space for many yrs. With a sold track record. |
around the year of 2017 |
When he partnered with Rob from Digital Asset News on videos shortly after Celsius froze the assets |
Immediately following the Celsius fraud & corruption was identified. |
Since Day 1 |
It's a silver lining, I started following Simon Dixon because of the Celsius case. I wish I had met Simon much sooner. |
In the very early stages of Celsius going into liquidation. I kept myself informed via Simon Dixon's updates |
Lock down 2020 |
When Celsius initially froze withdrawals. |
Before Celsius, I started to learn about Bank to the future. |
June 12th 2022 |
Because his is authentic, highly skilled, hard working and trustworthy |
I was aware of Simon Dixon since 2019 and was a casual watcher of his interviews on Youtube. However, since Chapter 11, I became a more frequent follower of Simon Dixon on YouTube, Twitter and Spaces. |
Only about 6 weeks ago. I was seeking advocates and I am very grateful to have found Simon in time for the vote. |
2019 |
I had watched some of Simon's content since 2020 when I first saw him on a Celsius AMA. |
From the very start of the Celsius debacle, when I saw him talking on other youtube channels. |
2012 |
I read his book long before bankruptcy. However, I really started following him when Celsius announced the asset freeze. |
I have been an investor in BnkToFtr for 5 years and have several investments. |
At very beginning of the Celsius fall around May 2022 timeframe |
When I realized that he was truly interested on the benefit of all creditors and not just him, relating his father’s personal story of success and demise was truly a turning point. I could feel his anger as to how creditors were all cheated from lifetime savings and he was committed to return to them as much as he could. Yes he was among Celsius 10 must invested customers and he had plenty to be concerned but that did not distract him from helping small investors like myself achieve some kind of positive outcome. |
I started to watch Simon about three months after the chapter 11 |
I started watching him because he was also a victim of this bankruptcy and he has proven himself to be a trustworthy source of information. |
Not long after chapter 11 was filed |
Mostly towards the end. I have a friend who watched everything very closely and he kept me informed throughout. I had to get involved when it came time to vote so that's really when I jumped in. That stuff is very complicated for me. Once again, I thank you for everything you and your team have done on behalf of all us poor bastards who were swindled by Celsius mgt. For some, this resolution comes too late. They couldn't hold out to see this. Our hearts go out to those families. Simon, take care of yourself. You are a giant among men. Thank you! |
Around the time before they filed for bankruptcy |
I was a member of Bnk to the Future and a follower of Simon Dixon from before the Celsius debacle. |
From the beginning |
I saw an interview from Simon Dixon on Robs channel. But started for real in June 2022. When the Celsius saga started. |
a few weeks ago |
Started watching simon's youtube videos just after celcius frooze. |
Since before the Celsius fiasco, but after the creation of Bitcoin. It was Bitcoin that led me to seek information regarding the cruelty of fiat currencies, and I began to seek out information about Bitcoin and money during the Pandemic lockdown of April 2020. I found Simon’s channel shortly after and am thankful I did. |
Right after celsius halted withdrawals I found his channel and also started following him on twitter. |
Long before this problem with the Celsius Network, and I have always maintained the same opinion, a principled and honest person, who tries to do his best in educating those who want to be educated. |
Long before this problem with the Celsius Network, and I have always maintained the same opinion, a principled and honest person, who tries to do his best in educating those who want to be educated. |
From the start. I really disliked it when the naysayers were accusing him of things he was far from guilty of. I continue to follow Simon as I trust his judgement and that’s saying a lot from me. His actions absolutely speak louder then words, even though his words or communications are highly intelligent. |
I am not completely sure about this but I know it was before the chapter 11 began. Peace, love and prosperity to you. |
At the beginning of Chapter 11 bankruptcy. |
July 22 |
I was there from the initial Twitter spaces. Then started to follow his YouTube channel. |
Shortly after withdrawals were paused on Celsius. I had previously heard of Simon and watched some of his videos in the past. That helped me trust him through this process. |
I subscribed to Simon Dixon's channel 4 years ago but began to watch consistently once I became a Celsius Creditor along with 5 other of my friends. |
I first came across Simon Dixon & BNK to the Future in 2017 while researching Bitcoin & it's ability to enabled financial inclusion to both the Banked and UnBanked Global Population. |
Sometime in early August 2023. |
From the start of Celsius bankruptcy procedures. |
2022 |
I started following him about a month - before I lost more than just my one bitcoin. On every interview I saw with Alex Mashinsky, I was told that my money was safer than in a bank. I now have to pay double because I lost the bitcoin and now have to pay back the money I borrowed to buy the bitcoin. I have learned a lot from Simon's video's. The fact that he had been vocal and involved in trying to explain the processes of Chapter 7/ 11 buyouts and bailouts , what was a good deal and not a good deal financially and lastly because he did this, I didn't jump off a bridge and I will never leave my money on any exchange again . |
About 6 months before Celsius blew up |
Right after Celsius went into bankruptcy and Simon publish videos on YouTube |
Immediately after Celsius Network filed for bankruptcy. |
Not sure when, but more than 6 years. He's always a good follow for industry knowledge. |
Even before this whole debacle started. But MUCH more frequently after Celsius imploded. |
2021 after I watched his video on CNBN or whatever news station it was where he said "when you leave your money at a bank, the bank becomes the legal owner of your money." After that, I was sold. |
I followed Simon before the Celsius bankruptcy. I think around 4 years. |
From the first video after the pause of all withdrawals. After that, I never missed and Twitter spaces or YouTube video, not 1. |
June 2022 shortly after Celsius's freeze of withdrawals |
2 years ago. I watched almost all of Alex Machinsky's AMA weekly videos and was interested in buying some equity. Alex said that Simon Dixon was in charge of the next round of equity financing so I began to follow Simon. I watched his educational videos and found them very helpful. |
Early on. |
Sept 2022 |
I became a member of Bnk To The Future as an investor around 2015 |
Two years +. |
Right from the first Twitter spaces that Simon joined after the Celsius freeze/partition, and that small community was discussing (with David Adler and PlanC and others) all the many questions and unknowns, and the Chapter 11 process. |
This past year as a result of encouragement from someone I trust and value who has been a follower of Simon Dixon for many years. |
I was following Simon prior to Celsius but not actively. Since Celsius closed shop I quickly realized Simon was also impacted and early on was amazed at his level of dedication to help us understand what was taking place especially through a very tough personal situation as all this unraveled. |
From the very beginning up until now I haven't missed any video or spaces. |
I’m a member of BNK to the Future since I purchased 48 B shares of Kraken, I’ve been following Simon on you tube and recently joined X to continue following there . Thank you for this opportunity to say what was on my mind. Best Wishes to All at BNK to the Future |
I believe that I began following Simon about six months ago. |
Around end july 2022 |
Immediately after Celsius stopped doing regular business I began searching for answers and Simon stepped up. |
Within a week of the filing last June. |
I have been watching Simon Dixon's streams for several years--long before the Celsius debacle. |
About the time Celsius went into bankruptcy and he was kind enough to devote his time to this cause. |
I started watch Simon Dixon and appreciating his suggestions for the bankruptcy proceedings and his sharing of information since July 2022. |
back in august 2022 |
I found Simon Dixon a short while after the initial bankruptcy of Celsius. I became a direct follower when his 7 part video series explained what was going on. |
I recall seeing Simon on a video to do with Celsius a few years ago, but I have followed him much more closely since shit hit the fan. |
5 years ago |
From day 1 of bankruptcy. |
Just over a year ago ... |
2020. Unfortunately knowing he was a share holder in Celsius also compounded my trust in the company however he has down and is still doing his best to put things right and I respect him for that immensely. |
Over a year ago |
4 yrs ago. |
On and off,from the beginning, will follow closely, now that a plan was voted for. |
A couple of months after the official bankruptcy filing by Celsius. I watched his "flywheel" video which explained what was being done at Celsius with the CEL token to artificially inflate the price and create false value on Celsius books. I wasn't even on Twitter (X) until I started watching Simon's videos and he hosted Twitter Spaces afterwards. As a result of Simon's spaces I started following others such as Tony V, Mary Delgado, Cam Crews, Mario Nawfal, Caitlin Long and found a new community of very smart individuals with differing opinions, but valid points on both sides. |
4 years |
From first video presentation |
From the beginning of the process. |
I started watching Simon in July 2022. |
Right around the time his father “fell asleep”. |
Day fucking 1. Cause he's the only one who had a true grip of the situation. I saw him on Twitter, YouTube channels invest answers and daily crypto news?, some others but it only took 2 videos or so to know this guy seemed genuine and truly cared and wanted to help cause he was at stake, and he felt a moral obligation. I too share in my own way this has been quite a spiritual journey. It's been hard, rewarding in meeting people, I still really really really want my Bitcoin back... but I truly love that man, and have been greatly inspired by him. I can only hope to meet him on day. One day. |
July 2022 |
I knew of Simon before the celsius bankruptcy, but I started listening to Simon regarding Celsius around July of 2022 - through some of the twitter spaces and it just went from there. And I’m not the only one, many that I brought to the Celsius community also followed Simon. |
When he started making you tube videos to discuss this Celsius chapter 11 case. |
I don't remember exactly, but it seemed like only days after our coins were frozen by Celcius . |
I started watching and following Simon when Celsius file for bankruptcy and everyone was in the dark. I was able to get a lot more information from Simon. Thx you Simon for everything. |
Not exactly sure. Searching web for any discussion on the case is how I came across a You Tube video. It was prior to the bankruptcy filing by Celsuis. |
We started following Simon shortly after the fund freeze of our Celsius accounts. He was one of the most positive bloggers in a sea of despair. |
Since the first video from him addressing Celsius' freezing of withdrawals. |
Shortly after Celsius froze our funds. |
2016 |
From when Celsius froze withdrawels |
The minute he was on the scene trying to steady the ship and find out what exactly had gone wrong and why the "pause'. All while mourning the loss of his father! Nothing but respect for how he has gone about helping here and the class shown at every turn. He's a better man than me! 🙏🏼 |
Shortly after my Celcius account was blocked. I went online and Simon had posted a video about what and why was happening. Followed his emails and videos since then. God Bless him. |
1 July 2022 |
I started following Simon around the time of the initial halt of withdrawals. |
Shortly after my Celcius account was blocked. I went online and Simon had posted a video about what and why was happening. Followed his emails and videos since then. God Bless him. |
I started watching & following Simon Dixon in early July 2022. |
Right after Celsius froze my assets. I was looking for answers and discovered Simon's videos. Essentially, as soon as his first Celsius video appeared. Thank you, Simon! |
2019 on Youtube as do not use Twitter |
Not long before Celsius paused withdrawals. (Via Digital Asset News on Youtube). |
I started following Simon Dixon summer of 2023 on recommendation of Aaron Bennett. I just watched some videos of SD, watched a lot more YouTube videos from Aaron Bennett which helped me better understand the legal case. I'm from the Netherlands, so it's difficult to understand legal concepts in another language, but the video's of Aaron Bennett did help me. |
I have never heard of Simon before the Celsius debacle happening. |
Weet ik niet precies meer. |
I first saw Mr. Simon Dixon in a You Tube post in 2020. I've been following him regularly since then. |
I first saw Mr. Simon Dixon in a You Tube post in 2020. I've been following him regularly since then. |
I started following Simon Dixon soon after the Celsius withdrawal was frozen. |
Before the celsius case occasionally, but since the bankruptcy, I watch his every single video on YT an following on X. |
From the June 2022! With the very first YouTube address. Forever indebted to him! |
I first became aware of Simon Dixon when Celsius froze my withdrawals. |
2020 back to the future educational videos and his efforts to promote the importance of defi and bitcoin |
14 June 2022 |
From the very beginning.. thank you |
I have followed Simon from the first time I saw a post on Twitter/X and on YouTube. I do not remember the date, but I have been vehemently supporting his actions from the outset. |
When I received the email from Celsius regarding withdrawls being paused. |
JULY 2022 |
Since day 1 of the Celsius catastrophe |
12th June 2022 |
June 13th 2022 |
During his first 5 part video |
I think not many days after 12 June 2022. I used to follow Aaron Bennett videos about Celsius AMAs, and I think I've find out Simon in some interation with Aaron on Twitter right after Celsius closed withdrawls |
I watch alot of YouTube financial videos, so I am not sure. Once the bottom fell out of Celsius, I for sure needed help and he provided it. If I was a credited investor, I would be investing in his bank to the future company. For now. I can only watch from the sidelines. |
July 23. |
From day one when Simon said he could have bailed out but stayed in. |
2019 |
Since Celsius Bankruptcy |
2020 |
I only started watching him and following his channel, after Celsius had halted withdrawals. Simon came out while still in mourning the loss of his father, to support the community. That really showed his true colours and won the respect of thousands of desperate people. |
From the very beginning of this process. I’ve never missed one of his podcast. He gave freely of his time to keep us informed . And give us hope that we would recover some of our assets. |
Immediately when withdrawals were paused I started to search for materials and then found his videos and twitter |
I started watching Simon's YouTube videos I believe sometime mid-2021 and then I dropped off from his channel a bit because I do have other Crypto/Financial YouTube creators that I watch regularly. Those other YouTube creators had Celsius interviews on their channels, and that's how I even considered putting some money into Celsius. Once the Celsius issue blew up, i do my best to watch Simon's videos, read his X posts, and listen to him on X spaces.
Note to Simon: I hope this is at least a small help to you (I know don't have a lot of details above). Thank you so much for everything you have done for us all; I realize your sacrifice. I wish you much, much success in the future. I'm a lifetime fan. |
I read about him early after the Celsius pause in a news article when he suggested a reorg during his "depositors first" presentation. That was a turning point for me, as I stopped hourly checking for new articles scant on information, and instead found hope through the Twitter community he began to build. In hindsight, I saw that he had lots of good advice about risk management, which, if all creditors had followed, would have minimized the damage caused by inappropriate actions of Celsius. |
In the last 1-2 months. |
From the very start. The day after his father passed away. Which spoke volumes about his personal integrity & desire to do right. |
When he first started the whole process |
2019/2020. |
Just after Celsius went Bankrupt |
I've been watching Simon's Youtube channel since I got involved in crypto currency in 2021. I became very familiar with Simon's company Bank of the Future, but could not join as a member in that I am not an accredited investor. I admire greatly, Simon's work and his overall knowledge of the Crypto movement. |
As son as we went into bankruptcy. I only downloaded Twitter at tue time to follow everything related to celsius and this lead me to Simon, thank god |
Day 1. I am thankful for his team. Based on the ridiculous amount of funds paid out to attorneys, Simon should be reimbursed for any funds spent on his representation. I have no doubt this plan may not have been approved without his time and education |
At the time of the Celsius filing, he was there to explain what might happen and even shared why he did not remove his funds and reduce his exposure. Willing to risk $ for the greater good of others. |
Immediately following the Celsius Chapter 11 filling. |
Since day 1 of this chapter 11 disgrace |
When I first got into crypto in 2018 |
From bankruptcy inception. |
I became aware of Simon's work several months before CeLsius Network paused all transactions on its platform. |
Right from the start of the bankruptcy. |
since celsius halted withdrawal |
Shortly after Celsius seized up in June 2022. |
About two month ago |
Before Celsius, I dont remember exactly but I had joined Bnk to the Future and went through their KYC process. |
About one year ago. |
from the beginning of this Chapter 11 |
I've been following Simon Dixon since day one. I'm voting for Simon Dixon! U.S. President. |
Don't recall date but it was right after the withdrawal pause. So, June 2022. |
June 2022 |
I’ve heard of Simon’s work since 2017 but have followed him intently since this bankruptcy process began |
I started following Simon shortly after Celsius paused withdrawals in June 2022. |
I started watching Simon as soon as He started posting on twitter after Celsius halted withdrawals and I started searching to find out what was going on with my new investment. I only started investing my money into Celsius earn at the end of March shortly before they went into Chapter 11. |
I only started watching him and following his channel, after Celsius had halted withdrawals. Simon came out while still in mourning the loss of his father, to support the community. That really showed his true colours and won the respect of thousands of desperate people. It it wasn't for Simon, I would have been lost through this whole process. |
From the very beginning of Celsius bankrupcy |
Right after the bankruptcy was announced. |
I actually had been watching Simon for a few years before the Celsius Chapter 11 events and videos. I had and still do find him to be a man of his word, and as far as I can tell, an honest man with great integrity. |
July 2022 the week after Celsius filed bankruptcy. |
Not sure exactly, but at least a year. |
Begining my Bitcoin journey in 2020, it was not long before I discovered Simon Dixon's reputable place in that community. My respect for Simon has only deepened throughout this difficult bankruptcy process. |
His first video after Celsius shut down withdrawals . |
2018-19 |
Almost immediately after the bankruptcy |
My awareness of Simon Dixon heightened around the time the Celsius crisis unfolded. While I had come across a couple of his interviews previously, it was the Celsius situation that catalyzed my keen following of his videos and other content, which provided essential insights and updates during a critical and uncertain period. |
I first began watching Simon Dixon when it was reported that Celsius was bankrupt as the single most influential source of reliable details on the progress and best options for Celsius bankruptcy filing and course to possible recoup some money lost. |
My engagement with Simon Dixon's content intensified around the time the Celsius issue erupted. Although I had seen a few of his interviews before, the urgency of the Celsius situation prompted me to follow his videos and other content more religiously, which proved to be a crucial resource during that critical period. |
When he was first pitching his Retirement Plan B course around the end of 2020. |
I became aware of Simon Dixon when he was promoting Bank To The Future on the AMAs with Alex Mashinsky. After Celsius paused withdrawals I became aware of Simon's efforts to expose the corruption of Celsius' management on Twitter and YouTube. I have subscribed to his info feeds since then, |
around Jun of last year after the Celsius stop allowing customers to withdraw their funds from their account. |
I have started following Simon Dixon previously when I came across his retirement plan B back in 2018 and have participated in his retirement plan B portfolio builder where I discovered celsius. |
Around july 2022 |
From the beginning. |
Since the very first episode of Simon exposing Alex Mashinsky's scam (end of Jun 2022), I have been following Simon Dixon. |
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at the March 2022 |
August 2022 |
Since Celsius stopped withdrawal, Jun 2022. |
Many months ago when I realized,he was talking common sense & working to achieve as good a result as possible for creditors. |
Some You tube videos probably 1 year prior to the Celsius bankruptcy ( just as another content creator) . After Bankruptcy essentially as the source of hope for my Life’s savings |
From day 1. |
I started following him immediately after the Chapter 11 filing, as he seemed like an empathetic individual with a lot of skin in the game that could really guide my thinking. |
I've been following Simon for about 3 years on YouTube |
I have been following Simon Dixon for at least 5 years. |
Right after the Celsius Chapter 11 happened and Simon began broadcasting about it. |
I have been following Simon Dixon for about 5 years. |
2019 |
Since the very first VDO clip on "Digital Asset News" channel. I could feel that he 's determined to help all creditors, so I follow all his VDO & twitter spaces since then. * Sorry if my English 's not fluent, it's not my mother tongue. |
Probably when he first started doing UTUBE . |
Never |
Beginning |
3 years ago 2020. |
Seit mind 2 Jahren |
2021 |
July/August 2022 |
Your Accordion Heading Goes Here
Provided great clarity of the current situation in immense detail |
I’m not that intelligent |
0 |
YouTube. |
Throughout the entire process Simon made what appeared a not understandable situation, more comprehensible. |
Twitter spaces he hosted and joined. |
Fighting for our earn claim amount. Making the process transparent |
I don't understand |
The final agreement. |
Since most Celsius creditors were likely retail investors with full-time jobs, few people could have dedicated the time which Simon Dixon contributed to keep the community informed of ongoing developments and potential solutions / outcomes. |
Pushing to exit Chapter 11, and getting proper board reps for regular creditors and not just institutions |
The plan he provided initially was the bones of the final offer |
I would say, based off of the voting, many people listen to Simmons, 7+ videos that explain everything from the initial collapse until the voting |
- |
Simon was everywhere to offer help advice and explain twitter twitter spaces you tube etc |
my ability to ask questions which i did during his ama s |
Understanding what exactly was occurring |
He helped rid them of the illegal entities and give a path back to legitimate business. |
His past experiences made him who he is today. |
Look at any Twitter space or Twitter AMA he did! All were unbelievably informative and professional. |
Stalking horse auction improved the plan so that users get 30-40% liquid crypto and the plan became more flexible for different classes. |
All the videos on YouTube. Twitter lives. Passing all information about documents and explaining all in a way we can understand. |
Across the entire process he has been helping us |
See above |
Simon left full video series and breakdowns throughout the last year and a half to spread information to the people who were hurt by Celsius. |
See above |
Regret I cannot. |
Simon’s created a viable plan which although it was rejected, offered real solutions to acheive the best outcomes for creditors. With the benefit of hindsight the plan was by far the best option. |
The YouTube videos helped |
Yes |
Bidding process, helping creditors create adhoc groups and form consensus. |
Getting the loans and earn ad hoc groups to agree |
We went to a competitive bid and obtained the best results for creditors. Investigation of and commentary on Alex machynski's fraudulent activity |
I do believe his contributions were real |
The stocking horse. |
His explications of the voting options were pivotal in helping people choose how to shape their vote in a manner tailored to thier specific situations |
Simon's transparency during the entire chapter 11 process so far has been so refreshing and reassuring to me as an unsecured creditor. He has exposed every lie and misrepresentation made by the Debtors (Alex Mashinsky and co) and used hard evidence to back up what he was saying such as, reposting flat out lies made by these criminals during their Twitter spaces and weekly AMA with Celcius. Simon also disclosed how many assets such as Bitcoin etc he himself had lost with Celcius. |
He helped people unite around a common cause. It's hard to describe this any more than that. His content on his channel was often referenced by the UCC as being a source of knowledge. |
Bidding process. Without Simon’s strategy, who knows what would have happened? Simon united creditors in the ways in which nobody else could have. |
He understood at the beginning what was the best outcome for the creditors - where no one else could see it. |
Simon has partially contributed to a favourable outcome of transferring liabilities from the Estate to the insiders. That is an appropriate and proportionate punishment for them because they committed massive fraud. |
He and his team put on the first plausible recovery plan that finally we are supposed to use, by another company, but well. |
Mr. Dixon seemed to have a key understanding as to how the management and the lawyers were simply draining the creditor funds by over billing and making money from innocent creditors. |
Introduction of the stalking horse bidding process that gained substanial value for Creditors. Review and engagement of Legal advice at a personal cost help to facilitate the and provide knowledge to Creditors to allow timely completion of voting on the plan. |
I shared my User Experience skillset on twitter and during the live twitter sessions and got real feedback of Simon |
Mr. Dixon assisted tremendously with the best outcomes for creditors and mentioned the initial Stalking Horse company and how it was outbidded. |
Throughout the process, Simon always emphasized how he wants to help the creditors. Especially how he felt anger and sorrow for those that lost their life's savings. Many times I felt he was talking to me personally as I had lost my life's savings and how he was trying his best to help us recover. I wish there were many more like Simon in the financial industry. Over the years I have grown distain for advisors who work for large institutions. I would like to thank him personally for all his efforts. |
1) Prevented more creditors losing more money by getting sucked into scams and attempts to manipulate the market. The financial health of lots of these individuals who now have a stake in NewCo is important for the Estate moving forward. 2) He provided the innovating thinking for the plan. 3) He pushed to ensure that there was more representation of creditors on the NewCo board. I'm sure that he's prevented a future shareholder revolt and/or more litigation by doing this. |
98% of creditors votes yes if he had been given a board seat I would've taken all stock! |
I listened to all of the AMA's led by Simon. Many times it seemed like trying to herd cats, but concretely got to a very good vote in favor of the plan in the end. And hurries the process along. We have waited long enough. |
All his Video's on You tube prove this |
He was the first person that proposed a recovery plan based on distribution of newco shares |
Factual information was provided by him and his team. |
Simon has an understanding of digital currency far greater than MOST of us. He also walked us through the entire process, the whole time. His power point presentations gave me information I could screenshot and share with my friend that opened a Celsius Account because of me. It made it easier to communicate the knowledge to people that were not closely following the case. |
Simon was able to confirm what the new co was doing that he agreed with and why and where he thought they could do better. This helped to build trust in the new co's efforts on a go forward basis. Being informed helps reduce stress, in a stressful situation. It would have been much harder to trust the intent of the new co was in my favor vs. them bidding on a business opportunity that they could extract value from at my expense. |
More clarity around the disclosure statement |
Providing a framework for getting out of bankruptcy and recovery is an example of his contribution |
He is responsible for getting 3 observers on the board of NewCo, I doubt this would have happened without him. |
created a YouTube 7 part re-org series for foundation of what Fahrenheit eventually got approved as well as the |
He proposed the entire plan for Fahrenheit - specifically the stalking horse concept, one of which I had never heard of but now understand how important that was in creating competition to achieve the best offer, and by doing this it greatly increased each creditor's payout. How he held back on the acceptance of the Board Observer seat until he was able to have additional creditors on the board and the litigation committee. He also shared with us that continuing to fight for what we wanted would be only detrimental to the costs of the lawyers when that time came. |
Simon voiced his desire for a better resolution - including adding a stalking horse, improving deal terms, and additional board advisors - and fulfilled these commitments. |
My first encounter with Chapter 11 bankruptcy was through the Celsius case. Simon Dixon and his team have invested significant financial resources, time, and effort, far beyond what I could afford or manage myself. |
The final outcome would not have happened without Simon's input. We would have been low bid and given crumbs, we would have been raped by the lawyers [and they still took advantage of us but, without Simon, it would have been a frenzy by lawyers stealing from whats left. The Earn and Loan meeting of the minds was Simon too. Lastly, we wouldn't have gotten any creditor representation on the board. |
Simon brought a realistic but positive perspective to the dialogue. He has put the interest of the general creditors above his own. I believe it’s because he wants Bitcoin and Cryptocurrencies to succeed so he is trying to create a viable mining company that will have the best possibility of creditors being made whole. |
Simon’s drive to unite creditors, and his relentless pursuit of a fair outcome expedited the resolution that is now in place. This had significant and demonstrable benefits for the Debtor’s Estates that cannot be measured in dollars. The best measure is the overall impact he had and I think that was unparalleled. |
Made sure that we understood the deadlines and what was need to understand to make an informed decision about those deadlines |
The idea that comes to mind specifically, is that Simon Dixon offered his own strategy and plan to help mitigate the losses and restructure the company so that it had a chance to benefit everyone the most. So, I believe this would have beneficially impacted the Debtors as well. |
The videos he created outlining possible recovery plans. The video he created aimed at informing Judge Glenn and others about certain facts related to the case. The videos and twitter spaced where options were presented and possible - well certain figures related to the case were confronted and the things they were saying got put to the test. The efforts, video, twitter space, and otherwise he put into helping ensure the plan would get the best possible result for creditors, pushing for a bidding process, stalking-horse process, and arbitration of competing and conflicting creditor interests. Alerting creditors to how various creditor classes might be encouraged to enter conflicts so that other, non-creditors could win out in "game theory" ways that minimized the debtor's recovery. Pushing for a swift resolution so more creditor funds/debtor estates would remain and thus go to us instead of being eaten up by extending the bankruptcy process - a process that seems otherwise designed to burn the debtor's estate. |
n/a |
Without Simon’s input it would have been a fiasco. 1) He provided the original plan; he is the innovator 2) He spend endless hours educating creditors and if not, we would have been contacting the attorneys directly 3) He was the source of Truth, rare in this process, which helped to counterbalance an environment of “learned helplessness” suddenly inflicted on the creditors. Honestly, he may have prevented clinical depression and suicide in some of his followers. 4) Despite rejection at every turn, he continued to cheerfully, honesty, and relentlessly pursue equitable, diplomatic solutions and provide a platform that all could join to understand 5) He spent significant resources to do the right thing. 6) At the age of 58yo I lost my Roth IRA on Celsius; Alex Mashinsky said all the right things to target my demographic. I own my mistakes and will take better care of my assets moving forward. I avoided becoming a victim and have peace in my heart. Much of this has to do with Simon Dixon and the other contributors to this community. The antidote to darkness will always be light, Kindness, truth and the forces of creation will always lead to higher ground. Infused with the spirit of his father and support of God, Simon was the light that brought me, and many others, through this darkness. This inspired me…almost worth the money:) |
Yes, his videos regarding the recovery plan voting options clearly laid out each plan in terms of how much creditors were estimated to get in return over time without clear bias. |
Simon put the general retail creditors interest above his own. |
n/a |
I watched all his videos and twitter spaces. Simon has my deepest respect for all the time, energy and effort he put into that. |
Several decisions were either reversed or changed to the benefit of the small investor. |
I cannot--only what he listed in the intro was all familiar to me in a global sense. |
Unfortunately, I can't really provide concrete examples of benefits for the Debtors' Estates as, to be honest, I was really being selfish and doing the best I could to follow and understand things from my 'creditor' perspective. I did lose an awful lot of money resulting in a huge downgrade of my retirement lifestyle. A large part of my decision to retire was based on significant income from Celsius. It is difficult for me to put into words the emotions I went through when this rat's nest of a Ponzi scheme collapsed. There are times when I still have to battle those feelings of total despair but with Simon on my side there was always hope. |
No comment |
I will have to defer to others who are more intimately involved in the process. Simon was one of several influencers who keep creditors updated to what was going on with a very confusing process. I thank him for that. |
Isn't the Debtors estates the estates of the criminals that took my creditor money? He laid out a plan in the very beginning that seems to have been followed quite closely. He said he lobbied behind the scenes on behalf of creditors at his own expense. |
The aforementioned “stalking horse” plan proposed by Fahrenheit was more advantageous from an equity standpoint than the first proposed plan and Simon was instrumental in rendering an equitable agreement between to ad hoc groups from what I understand. |
I voted to approve the plan based on the actions/analysis of Mr. Dixon. I suspect thousands of other creditors did the same. |
Increase in the amount of assets that are going to be returned to me and every creditor. |
All the vidoes have useful content |
The stalking horse idea was the first time i heard of it, and definitely forced a better deal in the end. |
Has been working with everyone |
I think I cover this already. |
Honestly, this whole process has been quite traumatic/unbearable and I have stayed away from many the finer details after knowing Simon Dixon would be following the Celsius matter closely since it all began last year. |
He challenged the wording of the Disclosure Statement which led to changes that benefited Creditors. In particular, improved representation of Creditors on the Board. |
No |
The stalking horse is the best example. |
Many many instances. * His initial plan that was described in the 7 videos series. * Him insisting on the creditors representation. * Him reducing the terrible costs of this whole ordeal. And much more. |
Having involved in the negotiations on the plan and the bid process (stalking horse bid) |
The real price of the CEL token, Helping get our crypto into two lanes BTC & ETH, His ability to communicate, keeping all doors open, The Stalking Horse bid system, The New Co. Vision creating possible equity, Demanding good Governance and Representation. |
Through online gatherings, provide detailed information as to up coming court decisions where creditors could support or otherwise, those decisions such as effects of Celsius claiming ownership of what we considered having "lent". The impacts of resisting this approach. |
His last 3part series on how to vote |
i feel that he united most if not all creditors to realize that if we dont resolve the chapter 11 the way we did, we could have lost a lot more than what we agreed to do on 22nd sept. to my understanding we have also put aside a substantial amount of money to get back the rest of our monies from Mr Mashinsky and other partners in crime, i feel that simon orchestrated some of the works done by UCC and would worn everyone if any of their actions were to divert us from achieving the best result . |
his push back and honesty on the celsius token. but it was non-stop focus on the needs of those who lost and lied to that really gained my trust. |
Emails, u tube videos |
board observer will improve the governance and thus the value of equity |
I actually didn't realize i needed to vote until I saw simon dixons tweet threads. |
Detailing behaviours by Mashinsky. Explaining how to vote. |
- |
Simon's insight helped me greatly when it was time to vote for the plan. |
First draft of current bankruptcy plan. |
Sorry, no details |
In the moment when he gave a voice to loans that were triggered by Celsius rules |
the complexities were way over my head and it was good knowing someone was over the range of issues |
Through his in depth attention to details, and his neutrality to each creditor claim. |
Skip |
In the Celsius Chapter 11 bankruptcy case, Simon Dixon's clear and informative videos played a crucial role in helping creditors, including me, understand the implications of various restructuring plans, such as the Novawulf plan. Here's how it might have played out: Increased Creditor Participation: Simon Dixon's videos gained a substantial following within the Celsius community due to their clarity and accessibility. As a result, more creditors became actively engaged in the bankruptcy proceedings, attending virtual meetings and keeping up with developments. Informed Decision-Making: Because of Simon Dixon's explanations, you and other creditors were well-informed about the Novawulf plan's terms and how it might affect your claims. You understood the potential outcomes, risks, and benefits associated with different voting options. Higher Voter Turnout: Thanks to the increased awareness and understanding facilitated by Simon Dixon's contributions, the Novawulf plan's voting process saw a significantly higher turnout of creditors exercising their voting rights compared to previous bankruptcy cases. Efficient Decision-Making: The higher level of creditor participation meant that the vote on the Novawulf plan was more representative of the creditors' collective interests. This increased engagement helped streamline the decision-making process, reducing the potential for disputes and delays. Transparent Outcome: With a substantial number of informed creditors participating in the vote, the outcome of the Novawulf plan's approval or rejection was clear, transparent, and reflective of the broader creditor consensus. In this hypothetical scenario, Simon Dixon's contributions not only raised awareness but also facilitated informed and active creditor participation in the decision-making process. This increased engagement resulted in a more efficient, transparent, and representative outcome for the Debtors' Estates and all interested parties involved in the Celsius Chapter 11 bankruptcy case. Please note that this is a fictional scenario used to illustrate the potential benefits of Simon Dixon's involvement and may not reflect the specific details of the actual case. |
Not at this time. |
Stalking horse bid Board member push |
His participation in meetings with the different committees and groups. |
Simon recently organized a twitter space to help people work through the voting and helping them make their best decision based on their individual circumstances. I believe this had a positive impact on many peoples' piece of mind as well as a significant benefit to their bank accounts in the long run. |
Without Simon explaining the usual process involved in bankruptcy cases, I would have zero understanding. He then went on to explain how it was possible to have a different result for the benefit for all. I think the end result with an overwhelming majority voting for the NewCO plan, demonstrates his influence and hard work. |
Got significantly better terms on the bids than otherwise would have been the case. |
Simon held on-going calls on Twitter Space to explain in simple terms what options the creditors had and hosted many calls to discuss and share/solicit opinions. He collaborated with the Creditors and respected all different AdHoc groups to ensure streamlined decision can be made without infighting. |
All his videos on |
Unparalleled regular YouTube content & Spaces, constant X comments & updates |
NDA |
NA |
I have listned to his videos. He sounds very knowlagebel. |
As above |
I can only day following all the vids SD published helped me |
Always explaining the whole process, and trying to find solutions for us creditors can recuperate more investment. |
Simon is a solid dude |
The only "real" evidence I have are his videos and emails. |
Just as I have already written he has provided huge insites most people involved in this scam were trusting everyday people who were lured in By believing everything was safe most people probably wouldn’t have understood the legal impact of what they were doing and I think Simon has helped by sharing that legal frameworks of where we are now and where to go next I think he’s giving people a lot of hype in such a crap situation |
I'm not 100% sure what that means. Ha Ha. Simon is obviously experienced enough to push for the rights of those that lost money, due to Mashinsky's ethically challenged actions. Getting more board seat representation a |
Well the plan to create a community gave strength to our voice, the plan which Fahrenheit later adopted and the negotiations of the costs to execute the plan was all very much linked to Simon’s plan. |
Helping with the Stalking horse process |
During the first round of sponsor bidding, he made it a point to prioritize the well-being of the creditors. Although his company, Bank To The Future, did not win the bid, the bid details were disclosed to public by someone. He was discovered he truly made every effort to offer the best possible outcome for the creditors, as he had pledged. Since that time, he has earned my trust and wholehearted support. |
Simon Dixon kept me informed of the latest news and updates about the upcoming events and this allowed me to make informed decisions about the voting. |
Not on the debtors estates |
Simon and his team built out a plan and shared it online. This was a huge contribution when you take note onboard all the effort on his side. Funny that he out his cards down first but then others copied him. |
All evidence is on Twitter spaces and his YouTube channel. We are where we are now thanks to his commitment and expertise! I strongly believe that had the Celsius leadership at the time of the insolvency crisis in June 2022 listened to him, we would have been much sooner out of this C11 process, and millions of dollars of creditors' money would have been saved. |
By constantly trying to find tangible solutions for SOLVING existing problems even when everything seemed lost in the intricate and distorted ‘process’.. |
Same list as before with the actual output: - Stalking horse created better bids and significant savings to the Debtor - Earn Adhoc and meeting with loan - allowed the debtor to submit a plan to an unified creditor community - governance of NewCo creating 3 new board observers and therefore insuring that the Debtors Estate (which cannot really be differentiated from the shareholders aka creditors) continues to have an institutional oriented board but do not get abandoned by all its shareholders upon listing. - conversion to BTC/ETH. Legal play to get a quick acceptance from all governmental agencies without creating extra trouble. In a broader sense, the act of educating and unifying the creditor community saved the debtors estate from staying in CH11 forever until all assets are spent on legal matters or head towards CH7 where the outcome is hardly better and the Debtor is de facto no longer existing. |
No |
Getting the first structure of a reorg in line for bidders to follow and being instrumental in getting a striking horse in play has been an instrument contribution, all the while giving ours and hours of information in the form of information on everything happening and doing hour snd hours of regular question and answer for anyone wanting to call in and ask . |
. |
Helped facilitate Farhenheit's dramatic increase in valuation in the stalking horse auction. |
Please review his Twitter, listen to the townhalls. As transparent as one could be with his level of investment, he was. |
For me the number one contribution is the plan Simon put together with his team and proposed to Mashinsky trying to help him. I just wish that plan had been approved in full. I know now Simon tried to help Mashinsky a lot with advice regarding licences. |
He was always looking for options to improve the eventual outcome for creditors - offered his company and SALT for loans as an option and willing to give up equity in his own company to make the offer so that his company and creditors views were aligned. This hope was to also get other bids to do the same - put their money up so that they have a vested interest in the outcome being success. |
Simon's refusal to accept Mashinsky's offer to join the Celsius Board of Directors benefited the Debtors Estate because it was a decision against collusion and cover up and one for those most hurt. |
I was able to make a educated decision on which way to vote that was in my personal best interests. I cannot state this enough, that I felt rather well informed by the end of the process, that I voted in confidence. |
After watching all the videos there are number of examples. I would just refer to those videos. |
Not concrete evidence, no. |
Na |
Board revisions |
Refusing to sign some ndas in order to be able communicate with creditors. Helping move the bidding process along. Getting a stalking horse bid etc |
Stalking horse. If not for Simon, there would be no stalking horse. |
I can't personally |
I think the most obvious specific example of this is going to end up being the insurance Celsius held that we're now hopefully going to be compensated from as a result of this whole bankruptcy process. |
continual effort and involvement |
Introducing a stalking horse bid. Better creditors representation at the Board of NewCo. |
his leadership in organizing all the you tubes chats twitter, spaces and to get a lot of help from very smart investors , debtors that got cough up in this Ponzi scheme to come together in one common goal to get as much back as passible and get out of chapter 11. That was no small task to do i champion his efforts and appreciate it |
I had no idea how the proses was and Simon help me understand the problems and explain us what can be best and with that we can have a better unloading It’s been so stressful but he give us great information about all the possibilities |
Uniting creditors through social media to come together and get a better answer for the community |
Unfortunately I cannot name many. I think his series of videos, and knowledge of mining business, and bankruptcy dealings experience probably helped. |
I wouldn't know how to evaluate that |
Just all the podcasts bringing on knowledgeable people to give valuable information to creditors. |
The use Social media, pod casts on twitter, videos on Youtube on a regular basis plus emails. By using social media Simon Dixon made a very significant contribution to changing the outcome and going forward to recovering funds. |
He was an aggregator. The tie that binds. |
Hi regular you tube videos , devoting his time to Twitter spaces to answer our questions, give us timely updates and more |
I'm not sure I fully understand the question, but I think my answer above would apply here as well. The YouTube videos and X Spaces we're very real and supremely helpful. |
If Simon had not come forth with his original recovery plans and conducted weekly AMAs, the cohesiveness of the creditors towards the common goal would have deteriorated significantly. There were many people spreading misinformation in attempt to protect the lies from Alex Mashinsky. Simon's personal money used to consult professionals such as lawyers, Simon's original plan that was referenced regularly throughout the process of creating the currently approved plan, and the AMAs that kept the creditors informed on a weekly basis all positively impacted the Chapter 11 process. |
no |
He has been continually updating me on the state of the bankruptcy hearing |
His participation and organization allowed every possible situation to be investigated and discussed and the input of many capable experienced people helped me to make the best decision for me because of my exposure. |
No comment |
He kept everyone involved completely up to date every step of the way, brought in lawyers for special opinions, and fought for debtor’s to be whole from start to finish |
I felt confident of his intentions because he was open, appeared honest, praised others where appropriate and had skin in the outcome. |
No, sorry. |
Outlining path forward to maximize value and to ultimately separate the Newco from its liabilities. |
I would say the biggest contribution is the way he could be diplomatic and appealed to the most people should be willing to open their minds to the best possibilities. And he does so with class and elegance. Even with being confronted with people that are personally attacking him and trying to drive him down. He stays the course, keeps his head down and has gotten the job done time and time again. |
Helped get the best bid |
Stalking horse, ALL his videos, History of trust/integrity, calling out people when they needed called out |
One can read positive comments on Mr. S. Dixon's videos and Twitter feed "thanking" him for his time and effort in this matter. |
Inserting himself as part of the board for the newco and hence speak with the true voice of the creditors of this mess |
Without Simon’s videos and Spaces, I believe we would still be going through the legal processes because there would be more objections and issues raised. Having the information laid out in front of everyone made for a more unified front where superfluous issues were tamped down, which I’m sure would have lead to more $$$ going to lawyers. |
Encouraging courts to stand down the CEO who was very destructive to Celsius. |
. |
Calling out Alex M. on Twitter Spaces. Establishing the Stalking Horse. |
Specific examples visually allowed us to learn about the process. It was well organized and structured. |
N/a |
His podcasts informing and educating the affected parties were in keeping us from giving up on any hope of getting a favourable outcome. |
Crypto knowledge |
Certainly, getting stalking horse when there might have not been one is the prime example of a benefit. Preventing wolves from just eating the carcass of the investors' capital in a too bad so sad situation will now allow me to recover 2/3's of something valued currently at 1/3 more than the freeze date with 50% being in overvalued equity in a newco that will surely not see any returns for 10 years IF it makes the next halving.s |
He quickly exposed Alex Mashinsky as the CROOK that he is, so that he could be forced out of Celsius sooner rather than later, before he can screw more things up. |
His constant engagement with the community of twitter spaces. |
I wouldn't know how other than my personal experience. |
Simon Dixon helped us see how we needed to avoid the worst outcome, a chapter 7. He brought to light how important expediency was regarding avoiding unnecessary legal fees. He highlighted the importance of newco being able to stake eth (no competitor is doing it). His oversight helped increase the amount of assets to be distributed to us. His oversight helped deter the corrupt board of directors from "getting away with murder". |
His ability to calmly get us through this process. |
Merely the fact that we now still have a chance to get some of our funds back is proof enough Simon congribuyed largely to the case |
The fact that Simon fought for the community to expedite the chapter 11 procedure and avoid moving in the direction of liquidation is one major point. The fact that Simon separated the criminal cases from the claim is a first as far as I know. The most concrete evidence can be easily identified by comparing Celsius Bankruptcy achievements with all the other cases in the market. |
I would have no idea what was going on as I could not understand all the paperwork sent from celcuis and Simon knew and explained well the things I needed to know .. good and bad |
Throughout the entire Chapter 11 process, Simon has clearly spent an incredible amount of time and effort trying to disseminate information to the creditors. I did not personally have time to listen to many of the Twitter spaces but I did observe that they were occuring. I watched almost all of Aaron Bennett's summary videos. Aaron brought up Simon's involvement and recommendations regularly in the videos. |
Throughout the entire Chapter 11 process, Simon has clearly spent an incredible amount of time and effort trying to disseminate information to the creditors. I did not personally have time to listen to many of the Twitter spaces but I did observe that they were occuring. I watched almost all of Aaron Bennett's summary videos. Aaron brought up Simon's involvement and recommendations regularly in the videos. |
A way ago, Mr Dixon made a video explaining how he would try to solve the problems and apparently the plan voted has been quite inspired from his perspectives. |
not really, lenghthy and i am not qualified to provide |
All Simons recorded content. |
Changing the board composition to have more creditors voices there. |
His YouTube channel presentations. |
Unfortunately, Simon did such a great job, I did not READ the source documents. But I trusted he did. I believe there is a Time/Date Video history of his suggestions and those changes. The answer here would require reviewing those things in sequence. |
sorry - not really sure what the "debtors estate" is unless its CEL token holders.....he seemed to respect CEL token holder claims and a reasonable method to value them |
no |
In Simon's 7 part recovery vedio he mentioned the plan will convert all coins into BTC a n d ETH. I didn't like the idea, but that is what happened with the approved recovery plan. He knows what needs to be done. |
We got a better Newco deal because of Simon’s input, especially with the bidding process and his success in making it a stocking horse auction. Simon helped figure out that Celsius had created a dual LLC structure to move money back and forth, and helped get it determined that creditors had a claim on all Celsius entities. I personally think that Newco would have tried to screw over creditors had Simon not been there to keep them honest. He created many videos and twitter spaces to explain the complexities of what was going on. He helped make sure we got the Tony toggle. |
Just look at all the indept videos , AMAs and much more. His given hundreds of hours of his time. He spoke to the creditors directly engaging on all platforms. |
Pretty sure the plan came from Simons blueprint |
Because Simon has so openly and publicly shared his opinions and strategies, many of us have been able to actually understand what is happening. Which has led to me getting a better understanding of how to vote in this case. If Simon would not have been there I would not have had a clue on what to do. It has been a very great (and expansive) education. |
As above, go to his Youtube page. Also, he maintained a positive line and reminded us how we are all in this together. 2022 was an incredibly difficult year for many of us, Simon's positivity and dedication was inspirational |
Simons voting strategy and the infomation he shared with us. |
Right from the very beginning, I know he was an honest and person of integrity. I knew he could be trusted where there were so many others that couldn’t. He helped so many of the community in so many different ways. He was a voice of calm in chaos. |
His YouTube videos and Twitter spaces. |
Every YouTube video and twitter spaces over the last 18 months |
I would point to Simon’s YouTube Playlist “Making Celsius Creditors Whole”, which provided the community with a plan to get through this Chapter 11, without which thousands would have been clueless as to what to do. This was followed with the “Celsius Recovery Solution” Series, which (although it was not advice) provided guidance during the final stages leading up to the vote. Without these, the community would’ve succumbed to infighting between the various groups. |
Simon made 4 part video explaining the voting process in plan English really helped me in my decision |
I think without Simon speaking up and speaking out so early and often as he did, it might not have been possible to organize the community and focus our effots and attention in the way that we did. Simon has been a leader since day one. And a trusted and respected voice on our behalf. Without his organzizign and animating leadership, this whole process would have been fraught with chaos and futility. |
The 7 part video series and additional Twitter Spaces. Additionally, the 5 part video series outlining voting strategy combined with further Twitter Spaces. |
NA |
This is my perspective. I am a wife and mum, I’m the main earner in our family, I like to think I invest wisely, the traditional markets have been my only choice for years, along with property. In 2021 I became interested in Bitcoin, I took a small investment, I liked it as a hedge. Celsius also struck me as interesting, I liked the fundamentals. So I transferred my hard earned Bitcoin and Eth. Bankruptcy came in 2022 and then something incredible stared to happen. Simon Dixon came along and exposed the truth, explained in detail, worked tirelessly, brought people together and gave us all hope. He has made me excited for the future of this company, transparency and trust is without doubt one of the most important elements moving forward and Simon has brought this in spades. Trad Fi customers will not invest in crypto unless they see more trust in the industry, I have a feeling this new Co may be a trailblazer in innovation and trust. I am so grateful and excited to be part of it. Thanks Simon, you have given us all hope. |
Cost reduction of lawyers fees, Stalking horse bidding that made much more competitive bidding. |
the stalking horse bid would likely not have happened without him suggesting it and pushing for it openly so that it was in the public mind and therefore more likely to happen |
? |
By creating transparency and being a vocal advocate for creditors as well as actively and repeatedly taking action to avoid expensive and unnecessary delays, Simon was able to maximize the Debtor's Estates. |
i would not have received anything back if mashinsky was still involved |
Simons - detailed explanation of what was happening throughout the process allowed creditors to be in a position to cast a vote with knowledge of what they were voting for. |
When I read the threads in Telegram chat group, everybody is talking about how Simon explained every detail of the bankruptcy case. He guided us. We were at a loss initially. But when Simon came around, it was a sigh of relief. |
Very clear what Simon is doing and I support 100% |
No comment |
Simone seven part series demonstrating what the fundamental building blocks should look like in my opinion has had the most significant impact in this case which has almost been realized by the approved plan. Similarly, the stalking horse approach has ensured that a fair and square auction took place to maximize the value of the Debtors estate. |
on the double tax, i had to pull money out of my 401k to pay taxs. i think Simon saved many lives and gave me peace of mind. to carry on and not give up |
Not concrete, but I think many people felt much less anxious because of trusting Simon as a representative for them. |
Again the stocking horse to get the best offers. Also his efforts to have creditors on the decision making teams. I also believe converting the coins to bitcoin in Ethereum was a wise move and will help the process in the long run.. I think the fact that you have so many people that support him shows how valuable Simon has been to the creditors in this whole process. He has helped restructure other similar situations and companies. |
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Simons involvement in the stalking horse assisted the debitors estate in proving the most optimal process on going forward with a plan to come out of chapter 11, has considerable beneficial impact on time, and resources for the debtors estate. |
I watched some of the early seven videos. I then watched his all his '30 min' videos but never went to Twitter, or at least went there twice and found the level of detail overwhelming, and never could spare the time anyway. |
Countless negotiations and a plan support agreement. |
I’m just a teacher and probably do not have enough knowledge to give specific details, but I follow everything. |
The work put into trying to resolve the mess while also grieving for his father's death was the moment that I felt his input would be based on helping all depositors get a chance to recover as much as possible. |
. |
The content Simon shared online helped creditors understand the need for an independent examiner, and importance that the results of its enquiry. He he spoken favour of an equitable outcome for all creditors, and the importance of finding ways to combine ideas and efforts and really helped to minimise infighting amongst the creditor base. |
He encouraged mediation and working together of the various adhock groups to reach agreed terms. |
Simon created a four part series starting in August guiding us through the whole process of what would benefit me the most...again with out this series I wouldn't have any understanding of what to do. |
Ensuring that the disclosure statement was approved. Get more creditor representation on the board. |
Directing the judge to direct chapter 11 tru votation of creditori avoiding more fees for lawyers! |
his ability to take take time out and decode what the court processes were all about and what to potentially expect based on that |
Following the process from the very beginning of this process and all the informative video's, Twitter/X messages and e-mails Simon provided, showed on a daily basis how beneficial his involvement was and still is. |
It was not popular but Simon knew it was the right thing by creditors to apply pressure to the Insiders and Short squeezers early in the process. This contribution has awarded him with a high level of vindication and Integrity. |
It was not popular but Simon knew it was the right thing by creditors to apply pressure to the Insiders and Short squeezers early in the process. This contribution has awarded him with a high level of vindication and Integrity. |
I can not name one there are many small and greater examples. |
I would say Simon's thorough discussions in the videos where we were at various times in this process as it provided various aspects for me to look at under my situation. I don't have any representation in this process and appreciate someone like Simon that can help me especially for what I have in Celcius. His experience and being a creditor as well dealing with this was very helpful |
- His 7 part video series that became a blueprint for the whole bankruptcy process - His efforts to get to important settlements between different groups for the benefit of all - His efforts to get creditor board representation in the new company |
1) Provision of a comprehensive plan to come out of Chapter 11 2) Campaign to have a Stalking Horse bid for the successful Plan 3) Weekly videos and Twitter spaces AMA's that informed creditors and encouraged them to be positive 4) Consistent involvement in other videos and Twitter Spaces, providing reasoned arguments and facts about the Ch. 11 process 5) Regular summaries of Court proceedings , giving his time to listen and analyse, when many others like myself, could not find that time. |
The stalking horse suggestion, his analysis of the examiners report, his insights into the governance of NewCo |
He helped inform creditors to help us know what was happening and how we might vote. |
1. Simon's brilliant Celsius Reorg Strategy 2. Simon's Celsius Borrow & Earn Settlement Explained 3. Simon's explanation of Exiting Celsius Chapter 11 with the best outcome 4. Simon's 5 Part Series which he published from 01 September to the current date. 5. So many vital updates freely given over this period. |
"Benefits fot the Debtors' Estates?" My English is not very good, not understanding, debtors are scammer Maskinsky and friends right? |
Keeping me informed in an unbiased way during the chapter 11 process |
Fahereneith bid winning against NovaWolf |
All of the previously mentioned items plus: Using Simons own legal and financial teams to highlight options and how each may reduce time in Chapter 11 and thus increasing the overall cost to creditors Exposed the real value of the CEL token and how it was used to manipulate (short squeeze) Celsius value Creating a community on Twitter spaces where industry experts to provide information at zero cost to creditors Exposed those who were working with Alex Mashinsky and continuing to try drain Celsius (creditors) of it's funds while in Chapter 11 |
https://twitter.com/SimonDixonTwitt/status/1640349760757309442?t=r1KcWqEDkjrPMFW3PQbXTg&s=19 https://twitter.com/SimonDixonTwitt/status/1642473647917916161?t=q4-SlzCUkDyh0nYHElwYjQ&s=19 |
He was crucial to the implementation of the staking horse process which in the end saved the estate hundreds of millions of dollars. He also provided mediation between the earn ad hoc and loan ad hoc which made it possible for the parties to settle and thus the ch11 process was not unnecessarily delayed. |
Refusal of Alex Mashinsky's invitation to join the debtors board. Acceptance of board observer in newco. Refusal to join Cel squeeze. |
Like I said. I’ve watched his videos but did not break everything done myself. I relied on Aaron Bennett on YouTube to interpret the long videos and break them down for me. I recall numerous times where he pointed out where Simon was doing the best things for us. |
He was crucial to the implementation of the staking horse process which in the end saved the estate hundreds of millions of dollars. He also provided mediation between the earn ad hoc and loan ad hoc which made it possible for the parties to settle and thus the ch11 process was not unnecessarily delayed. |
Every thing he did! |
The majority of funds in Celsius were in the Earned category which was not represented to the full extent that it should have. Simon Dixon was instrumental in changing the under representation of the earned category. |
xxx |
His prior experience in similar instances gave him the foresight to anticipate everything that did indeed unfold in the end. If it were in his hands the UCC would be in a much better position from the beginning |
Without the over cite and constant questioning the process and actions of the court the UCC and old/new Celsius and plan contributer off all parties involved. Myself and many creditors would have been lost and vulnerable to exploitation. |
preventing predatory bids from the outset |
No |
The outcome of the legal case speaks to the positive outcomes for those at loss & without his involvement & the might of his legal advisors, I believe we would not have been considered as favourably. |
He has demonstrated many times we have to exit the Chapter 11 in order to keep paying layers fees... He was the first one to proposed to migrate all the coin / tokens into BTC & ETH |
I don't think we would be getting as much as we are without Simon's contribution. Thank you, Simon, for everything. |
Going after Mashinski and the corrupt Celcius team was huge for every creditor as he worked diligently for all of us so we could get the best possible outcome. He was our voice. Without him I felt we didn't get heard |
Simply put we wrote off Celsius as a significant part of our Pension (I am 72 my wife is a little less than that) with Simon's input we have changed a massive loss into merely an asset that was not bought as well as it could have been. |
Creditors would have been crammed into Novawulf's bid without Simons input. His efforts resulted in a significantly improved recovery for creditors |
Listed above |
Through his knowledge and direct experience through the recovery of Bitfinex for example, he provided the long term, legal working framework and specific solutions at the outset to the recovery plan, which was predominantly used by Novawulf and eventually by Farenheit holdings This is detailed in first recovery video series including the transfer of all liquid holdings to Btc and Eth. Throughout the process,Simon has provided his knowledge,experience and expertise to liase & advise between all contributory or interested parties including Novawulf, Farenheit, legal representatives and Ad hoc groups.He was the go to person by all groups when it came to answering how digital assets fitted within securities and a legal financial investment Newco. |
My reference goes to all his members videos and twitter spaces and should be prof enough. He has work very hard to secure the best case possible for everybody. |
Simon's role in providing clear information and a trustworthy manner, IMO, contributed greatly in allowing many creditors, with confidence, vote to approve the recovery plan. Without this, I believe we would have had a more fragmented voter makeup and with potentially, greater level of conflict, infighting without a clear way forward and cost. |
I go back to my comment about need to wrap up quickly to avoid further erosion of funds and maximise returns to creditors. A voted accordingly. Without Simon's videos I would not necessarily have understood the need to exit the bankruptcy and avoid further costs which would further erode the available funds. |
Restructuring of the board and representation for specific claims e.g. creditors. The entire process C11 is incredibly confusing to understand. Complexity of being in crypo which is largely unregulated / understood across the world exacerbates the understanding and process. Asking lay people to understand what is going on and its effect and outcome is largely misunderstood or not known. Simon and team have and will continue to help in this process. This has been real world demonstrated via Twitter spaces and YouTube. |
The stalking horse bid, the initial plan he shared on YouTube, holding regular Twitter spaces and presenting over YouTube. |
a. I would not have been able to follow the process without this non legal and non financial factual briefs. b. Probably would have given up on getting return and not followed the process - would not have voted. c. Would not have been in position to know which communication from Celsius, Stretto and others were genuine or not. - in summary all my return (around 67% of the USD 10k) would have been lost. |
Without his help we would most probably not be where we are now. He has been the best advisor we could have on our side. |
The stslking horse bid, creditor representation on the newco board, negotiations between various creditor groups to settle didputes and stop wasting tome and “shafting earn” at the expense of loan/borrow and others. |
1. Pressure to hold accountable all parties by sharing what was being said in the documents and how that would apply to the average creditor. 2. Building a road map to how to exit Chapter 11 - without this, there was a much higher chance this would have gone to Chapter 7 after years of Chapter 11 and lawyers draining the estate. 3. Late-stage - recap of where each member of the UCC/Case and White/ Farhinhight stood and what issue he felt would not be in the average investor's interest. This public pressure I believe, helped push them to more favorable terms for the average investor. |
N/A. Confusing why is being asked Debtors vs Creditors |
The constant pressure put on those that basically stole our money based on misrepresentation was key. The idea of restructuring Celsius under a new entity under new management was an example of simon’s strategy to recover and reinvest leading to maximizing returns |
Simon kept us updated, he fought for us all the way through |
I am not sure. |
Simon did not allow us creditors to get totally steamrolled. Simon’s imput and ideas of how to restructure that benefits everyone in the best way possible was huge. Great business man, one who cares about everyone. |
The process has admittedly been a bit over my head so I can't provide specifics. I watched from a short distance and "took in" what I could, again, marveling at how he and the team teased apart the myriad threads of the Celsius corruption and made it coherent and "solvable". |
This bankruptcy would have turned out a lot worse if it wasn't for Simon Dixon. Simon Dixon gave us creditors peace of mind through HOPE during this entire process. All I had to do was check his Twitter account and see what the latest updates were and I knew the best man for the job was working constantly for us Creditors. |
See above |
Stocking horse, bidding process above many other contributions by Simon |
I can not. |
sounds like I will get more of my money back |
Simon explained the plan to me in details that a 63 year old can understand, not in lawyer's complicated language. |
The squeaky wheel gets the grease! Simon was unwavering in his dedication to help us creditors, in that he never backed down or gave up. This is most apparent if you look at his Youtube channel and see how many videos he made. From the get-go, Simon told us about his involvement with the failed crypto exchange, Bitfinex, and how he assisted in making its creditors not only whole, but very profitable. He also made sure to detail for us the risks that were involved, and how the best probability of success for coming out of the Celsius shenanigans would be to do something similar. And guess what? After two years of watching Mashinsky and his lawyers siphon away millions of the remaining money that should have gone to the creditors, we end up doing exactly what Simon suggested in the first place. We could have saved a lot more of our money had everyone just listened to him in the first place. |
All of the you tube videos and twitter spaces. Bringing in the stalking horse to add competition. Also, present on twitter to educate and inform. |
Easy, it is known that the plan now approved was based on the plan outlined by Simon Dixon, whose continuous contribution and coordination with various parts of the process got us here. |
Easy, it is known that the plan now approved was based on the plan outlined by Simon Dixon, whose continuous contribution and coordination with various parts of the process got us here. |
I believe being in the position of both an investor in the company as well as a creditor, that Simon indeed have a very difficult job being in the middle of everything. I think he would be what’s considered a just judge as he saw the whole piece of the pie and not just his own personal involvement. Most in his position would have never been this involved with creditors as well as consider everyone involved. Most would have only participated for their own benefit. |
He told the truth. |
Simon Dixon created a very informative recovery plan that eventually grand part of the plan was used by the newco. |
He managed to bring all the different parties together and find solutions that worked for everybody to get a new plan approved and saved us from a Crypto liquidation that would have a serious impact on all our taxes. |
The creation of the initial recovery plan that became the backbone of the final plan presented to the creditors. The stalking horse which provided for a substantially better recovery plan, the initial calling out of Mashinsky that was instrumental in removing Mashinsky from Celsius |
His efforts through Bnk to the Future to get the plan as good as it could be for creditors! |
Simon's detailed educational series on social media during the entire Chp 11 process explains both the creditor and debtor's positions at all times. His video "My Celsius Chapter 11 voting strategy" 4 part video explaining how he would vote YES to the current plan supports all the final efforts of the Celsius Deptors. this video series had a huge impact on Creditors choices to feel safe in voting yes in support of the Debtors final position for a NewCo. |
Simon Dixon's Personal Webpage was adapted to be a central point of Creditor Information and Education : https://www.simondixon.com/ Simon Dixon and BNK To The Future have developed ground breaking technological applications designed to assist Celsius Creditors easily navigate and understand what is happening with their Bankruptcy Locked Asset Property, as the immediate intended use case, but Creditors can explore deeper into BNK applications should they wish to : https://bnktothefuture.com/ Simon Dixon's Twitter X page is an essential gathering point for not just Creditor Information and Education, but is also a Safe Space Haven of Great Comfort to Creditor Victims seeking Emotional & Critically Needed Mental Health Support via chats and Open Mic Twitter X Spaces Chats : https://twitter.com/SimonDixonTwitt Simon Dixon's YouTube channel has been completely dedicated to offering a wealth of long & short form Education for many Celsius Creditor Victims and many other individuals Worldwide : https://m.youtube.com/@SimonDixon21 |
Simon was handicapped to some degree by the NDA's he was obligated to protect, so all the details of his work were not necessarily revealed to me. However, what did cover made it clear to me that he was deeply involved through negotiations and comprises essential to limited the debtors' claims and, at the same time, worked tirelessly to protect and maximize the benefits to the earn creditors. |
His previous business experiences helped us understand the pro's and con's of a bankruptcy process and benefited us on what to expect throughout this nightmare. |
N/a |
I can't. |
I don’t really know what to say for this. I would say that the last series of videos though which talked through the options and what he was doing and why were probably the most directly translatable for me and people like me who don’t really understand the legals |
Staking horse |
He had been instrumental in the restructuring of another crypto currency exchange which helped creditors get more than full recovery. During the Celsius bankruptcy bidding process his feedback and involvement tremendously helped get the best bid. |
Talking about the realities of the CEL token and securities issues; going over the realities of the mining industry in detail vs what was being presented; discussing the regulatory parties in play that will need to approve the plan based on what services the newCo provides - and the complexity of that process - including qualifications beyond capital that a bidding party would need to have hopes of being accepted given that the SEC can blow the whole thing up if they aren't satisfied |
Increased, accurate representation on the board. Hundreds of millions ($650 million) were saved through his involvement in the stalking horse auction process and management fees. |
Simon took the time out of his life to read every court document he could get his hands on and explain the processes of the bankruptcy to creditors. Turning all the legal jargon into terms and explanations that were easy to understand every single week. |
Even the bankruptcy court and all concerned learned from Simon's videos. |
His proposal of the stalking horse helped get us out of that initial bad deal and make the bid much more competitive & driving us the benefits for all of us |
Simon presented a framework for recovery that was largely incorporated into the plan we recently voted on. |
The 7 part Video series produced at the beginning. In January exposing the bids turned down by the lawyers but not shared with creditors. Tiffany Fong released the bids so we got to see them. Simon had Twitter Spaces to share ideas and eventually one of the bids Nova Wolf was accepted. Simon then pushed for a Stalking Horse bid so that the creditors would get a better deal which eventually happened. My understanding is this contributed to several 100 millions dollars more for the creditors. |
Sorry, cannot help on this point. |
As a smaller loan holder whose total lost investment was approximately $30000, I couldn’t afford legal representation in addition to what I’d already lost. By joining Simons videos and Twitter spaces, I was able to participate in the legal action and make informed decisions. Without Simon Dixon, I fear we would all still be very fractured, confused and lost. With his thorough explanations, I feel all members of Celsius’s bankruptcy were able to make informed decisions |
This case has been long and tiring, even for me and I´m not doing the heavy lifting, and that´s the point, Simon did a lot of the heavy lifting; the reading of disclosure statements and distilling them down in a way I trusted being one shining example. I could not have done that, I´m not skilled enough, let alone the energy and time required. He also insitgated the stalking horse bidding process to improve the lot of creditors, ultimately |
Simon worked on the first plan to take over Celsius' company under Chapter 11 bankrupcy, setting a standard some other companies closely followed benefitting the outcome for creditors. He personally used, at his own expense, his own lawyers to untangle the mess of Celsius' bankruptcy. |
The low number of objections to the plan from per se creditors, and the high number of votes accepting the plan, I would argue was in large part due to having Simon as the trusted party pushing for Creditor representation for NewCo, and explaining his determination and voting preferences. Without this the Debtors’ Estate would have been impacted from protracted objections (more costs) and also delayed timing impacts to NewCo with respect to the mining business. Finally, the missing bitcoin taken (stolen?) from Simon account by the debtor could have been a major impact to the plan and Debtor’s Estate, if that did not get exposed and resolved as soon as it did. This could have been very damaging to the Debtor’s Estate and the proceedings if not for Simon’s actions/agreements to resolve quickly. |
The evidence I would refer to would be in his words in the YouTube videos he presented. My take-away is that the Debtors had a more unified voice because of his negotiating/leadership skills. |
Simons YouTube video series explaining how the business had used my/our funds to purchase mining equipment to build a business unit I had no idea I was involved in (Bitcoin Mining). To sell all that equipment to players looking to buy distressed assets made me sick - and to know someone like Simon was willing to explain all this to creditors and share his considerable knowledge and expertise to explain how we can try to use what is part of the estate to build back the wealth that was mis managed was priceless. |
Because of Simon a stalking horde bid was introduced. Because of Simon we have enough creditor representation by means of the adding of 2 more board observers to the board. |
Fahrenheit and Simon Dixons 7 part Video Series as a framework to build out. Simons relentless collaboration to share insights and be tirelessly available to answer any questions. |
1.) Without Simon's efforts my recovery would likely have been swirling around the single-digit level. Now estimated to be over 65%. 2.) His push to move the Chapter 11 process along as safely and expeditiously as possible, I believe, kept the difference in recovery percentages from going to feed apparently homeless and hungry attorneys, state and federal officials and the remnants of Celsius that were looking cash-in on funds they did not suffer a loss from investing in. |
Proposing the plan ,of bank to the future. To devide every thing in 50% btc 50% eth. No it took a big bag oofcash and life s. To come to the same concretulation. What a whast of life time and resources |
His plans to restructure or build anew had big impacts on the actual way NewCo was structured. |
I mean, where does one start? Simon created the blueprint for the entire process within a few weeks of the bankruptcy filing. By pressing a stalking-horse bid, Simon established a floor on which others would bid-up and improve terms. Critically, when Bnk to the Future was not the chosen bidder, Simon put aside his ego and chinned himself up to move forward and press on to secure the best results for all creditors. |
Simon's video Part 4 of 5 was perhaps the most important and educational video to me. It gave me the confidence to intelligently vote on 9/22, and it enabled me to also help my daughter, who invested in Celsiuus because of my encouragement. Thanks to Simon, I breathed a sigh of relief on 9/22 after I voted. Prior to that date, it felt like such a heavy burden to keep up with all the legal developments! |
I'm sure there are a ton that I can dig up but I don't have the time at the moment and this is due soon. |
Simon Dixon let me know the details of the court proceedings, when allowed to, so that I would be filled in with what was going on in the bankruptcy court. I was curious to see how much of my life's savings I would be getting back. He let me know approximately how much money was being paid to lawyers and other people that may be getting more than they deserve from the Celsius pool of money that contained the money that I in full faith trusted the company to hold on to until I needed/wanted it back. I think Simon Dixon laid out an excellent plan at the beginning when I found out that my account was frozen. It was unfortunate that it took as long as it did for the bankruptcy plan to ultimately align fairly well with what Simon Dixon had proposed from the start. Simon Dixon led many AMAs and created many videos along the way to keep debtors like myself informed. |
His videos and live updates the 5 part series explaining the dense documents that regular people that work dont have time to read and consume. He made it accessible to us all |
Mr. Dixon's consistent and continual advocacy of the creditor class throughout this process was nothing short of outstanding. The 7 part video series where he factually laid out the key issues along with how they interrelated was instrumental in toning down a lot of the infighting that was going on in and between the ad-hoc groups. Additional updates kept us up-to-date with the goings on and allowed for questions and interactions by "the little guys". As a small creditor, I personally don't have the resources to have been able to read, understand, and react to the myriad of filing and information and I would have had no level of influence in the process. Simon Dixon went so far as to solicit support from individuals like myself to demonstrate to regulators that we should not be ignored. I feel that any return on my settlement is directly related to Mr. Dixon's actions. |
Pushing for a better result with how the plan sponsor was decided upon. Sharing opinions and updates throughout the process. Explaining the details in a way that could more easily be understood. Knowing that experts within Simons company are evaluating the situation and giving free advice. |
They real |
1. I would say , the main thing is it saved lot of people from suicide. 2. He had so much knowledge , particularly save lot on fees on best deal for creditors. |
I do not know this information - as in 'examples' |
Giving everybody a platform to speak on his Twitter spaces has encouraged creditors to openly discuss ideas such as the Tony Toggle. |
Mediating the earn and loan |
See His videos !!! |
Simon protected the Debtors' Estate by preventing predatory institutions from buying the Estates assets at bargain prices. |
I am sure there were many things Simon did, but it is hard for me to categorize each one since a lot of what Simon was able to do was "behind the scenes" or under NDA. As retail creditors we really only saw the results of Simon's efforts, but I know he was working tirelessly behind the scenes for all creditors. As I stated above getting a stalking horse bid and ultimately ending up with Fahrenheit as a result was a tremendous outcome that I don't think would have happened without Simon's assistance. |
. |
The video series clarified implications of toggling between accepting all crypto vs greater shares in new company |
He warned us of some of the bad decisions happening throughout the process and help us act to produce a better result in the end. |
As above, the bidders had to improve their contribution to NewCo and be co-invested in its success instead of just selfishly milking the estate to the detriment of the real victims. |
No, 90% if the “spaces” were over my head. |
Stocking horse bid, board observer, UCC and creditor trust. Breaking down this bullshit to understandable terms or someone who can factually most importantly. |
- He has thousands of followers watching his videos, who would not have understood what was visiting l happening or how to vote if it weren't for him. - given that he is one of the biggest creditors, he was clearly incentivised to push for the best outcomes for creditors, and this was evidenced in his consistent advocacy for creditors, keeping up to date with and explaining the complex topics in simple terms. |
The stalking horse bidding process - literally changed the outcome. The negotiations between the loan adhoc and the earn adhoc. Giving people equal time on twitter spaces and listening to other points of view allowed for everyone to come together in unity. The time he spent educating all creditors on their situation, even though it was different than his. This allowed those close to me, who had all different sorts of situations to get the education they needed to make the right decisions. |
I may sound like a broken record but I’m a case like this we need someone to directly communicate with us. Simon provided so much information. He provided the facts and he also discussed his preferences. But he always laid out all the facts. I am so indebted to him for his efforts in resolving the issues involved in this case. |
The Stalking Horse. |
He came out with the stocking horse idea and it really help and finally got us to where we are today. |
His efforts brought a group of investors together that felt they had no voice into a more recognizable entity of the case. Not only did the court take notice I feel the lawyers took notice as well. He gave us more presence in the court room. |
Simon made the very first recovery plan and made public the means of achieving a successful creditor led recovery. While the UCC did not accept Simons proposal, it was used as a template for the other contestants to benchmark to. |
Lower NewCo management fees, stalking horse bidding, to name a few. |
His recovery plan was the first to be made public. |
His talks on the potential benefits of a newco (Fahrenheit) personally convinced me to accept the plan, and i believe many other creditors will agree. |
Based on Simons input I decided to vote for the equity weighted distribution. |
Again... the overall plan he was outlining in real time during the first few months no doubt were mostly adopted. |
Look at the number of followers and viewers to Simon’s information videos and online discussions. Look at the comments on the Reddit, X and other message boards. Simon helped thousands of investors and provided better and more timely information than any other party (lawyers, Celcius etc). |
Dixon's pressure on the Celsius management team and the bankruptcy trustee has helped ensure the bankruptcy process is fair and transparent. For example, the bankruptcy court granted Dixon's motion to appoint an independent examiner to investigate Celsius's bankruptcy. This examiner will be able to investigate Celsius's finances and report their findings to the court and creditors. Simon Dixon's overall involvement in the Celsius bankruptcy case has helped to raise awareness of the case, educate creditors about their rights, and put pressure on the Celsius management team and the bankruptcy trustee. This has created a more favourable environment for creditors and has helped to increase the chances of a successful recovery. |
The stalking horse discussions led to greater value to the creditors |
Look at the number of followers and viewers to Simon’s information videos and online discussions. Look at the comments on the Reddit, X and other message boards. Simon helped THOUSANDS of retail investors and provided better and more timely information than any other party (lawyers, Celcius etc) throughout these confusing proceedings. |
Simon Dixon consolidated creditor support behind a viable reorganization plan. Simon Dixon and Bank To The Future have added significant time & money pursuing the best outcome for victims. There is absolutely no one else in this bankrupcy who has given victims vital information regarding the capter 11 process. For many this chaper 11 has has been the worst experience of their lives. |
He provided multiple live and recorded videos whereby he explained where we currently are within the restructure as well as any questions we had. |
Please refer to the prior responses provided. Plus YouTube regular and timely podcasts, direct emails for those that subscribed. Stalking horse. |
Without Simon we would not have had a stalking horse structure and Novawolf would have made an additional $100+ million(s) off of our misfortune. With the Fareheit bid the estate has been maximised. Because of Simon it is clear all creditors have greatly benefited. |
No I can't provide. I did see just some video's of SD. |
I don't have any examples or evidence. |
Nee, sorry! |
Due to the tireless efforts of Mr. Simon Dixon in the Celsius Chapter 11 case, creditors have a higher distribution of assets that they can use to recover their lost assets. He worked with many parties to find a solution for creditors who had their money in Celsius. |
Due to the tireless efforts of Mr. Simon Dixon in the Celsius Chapter 11 case, creditors have a higher distribution of assets that they can use to recover their lost assets. He worked with many parties to find a solution for creditors who had their money in Celsius. |
Everything from fighting for better transparency, Storking Horse auction, Fahrenheit management fee reduction, approval of disclosure statement, better creditor representation and many other critical, time sensitive work to improve the rate of recovery. |
His investigations did and will unearth the debtors assets that were/are hidden from us and will be added to the estate so we ALL benefit from them. |
Most clearly demonstrated by forcing a stalking horse process which would not be happening without his involvement. |
The restructuring plan model. The stalking horse. The explanation of cram downs and clawbacks. The detailed explanation of the classes. Simon's regular updates on the progress of the bankruptcy and the parties involved. His current role as observer. |
Explained above |
the stalking horse bid, the debt tokinization from celsius |
everything from the beginning till now was amazing |
Simple! For efficiency and less words, watch all of his Celsius YouTube coverage from day one, listen to all the relevant twitter/X spaces, and critique the grand sum of his entire twitter/X posts up until this moment. If that is not evidence enough, then what is? |
See answer 2 questions above. |
I KNOW OF ONE CASE OF SIMON SUPPORTING A DISTRESSED CELSIUS CREDITOR THAT HAD SUFFERED COMPARATIVELY GREATER LOSSES. SIMON RAISED FUNDS FOR THEM OR CONTRIBUTED TO FUND RAISING CAMPAIGNS FOR THEM (). THIS REPRESENTED AN INTANGIBLE BENEFIT TO THE ESTATE & GOODWILL. IT SHOWED NOT EVERYONE WHO HAD INVESTED IN CELSIUS OR WHO BECAME AFFILIATED WITH IT AT ITS UPPER ECHELONS IS OR WAS A BAD ACTOR |
Simon was able to articulate the chapter 11 process based on his experience and. Presence during the process. In all his videos, he was pointing at facts and information needed to be considered along the process. |
Through Simons knowledge and direct experience through the recovery of Bitfinex for example,he provided the long term,legal working framework and specific solutions at the outset to the recovery plan, which was predominantly used by Novawulf and eventually by Farenheit holdings. This is detailed in his first recovery video series including the transfer of all liquid holdings to Btc and Eth Throughout the process, Simon has provided his knowledge,experience and expertise to liase & advise between all contributory or interested parties including Novawulf, Farenheit, legal representatives and Ad hoc groups.He was the go to person by all groups when it came to answering how digital assets fitted within securities investment and a legally compliant financial Newco. |
Preparation of a restructuring bid and an orderly wind down bid, and the the explanation and detailing of it all via You Tube and Twitter Spaces, resulting in a Stalking Horse Auction and a much better deal for Creditors Raising support from Earn Creditors in the form of a pledge of their claim to give the Earn ad hoc committee the fighting power necessary to achieve a fair deal for Earn Creditors |
When he explained how he was voting |
As I said before the stalking house and creditors receive crypto and shares in a NewCo were contributions Simon did that were real and were benefit for the Estate |
He physically went to court, he took the time to make the videos keeping us informed of what was happening and what we might expect. I looked forward to these as I did not have the means or time to do all the work he and his team put in. |
Informtaion disclosed regarding the value of the estate and the basis of operation for the new company Newco. |
He explained the different plans and helped me with my vote. It actually saved Stretto hours of support calls, without his direction I would have no clue where to go and would have to call in. I am sure most have that situation. |
the negotiations resulting from the Stalking Horse process, provided much more value than originally anticipated for creditors |
I believe Simon more than any other person i am aware off, understood our problems, calmed people with good knowledge and kindness. Without Simon this plan would be much worse. |
Simons Twitter account as well as Youtube channel are the platforms that holds all evidence and the chapter 11 process through Simons contributions is documented there. |
I’m sorry, it’s all such a blur of trauma and confusion, so I can’t member the exact details. I think Fahrenheit was proposing to take $400mil from the estate to start the newco and Simon got it down to $50mil. |
His involvement in the bidding process. Setting up a stalking horse bidding system. This resulted in a much better contract for all creditors. |
We arrived to a concrete accepted plan |
I don't have specific examples but see my response above. |
The framework for the reorganization plan seemed to be based on Simon's suggestions. But also its buy-in and high acceptance rate in the voting totals. I was very strongly influenced by his vote and commentary when deciding how to vote. |
Not unless I go and 'do my own research', I prefer to just trust that the people that step up on behalf of a community generally know what they are doing. |
His input and influence that ensured we moved to a stalking horse bid. |
His total review of the plan |
By mooting for #DEPOSITORSFIRST, this provided a values-based anchor for his thought processes, upon which Simon was able to apply his extensive experience, to help the true contributors i.e. the creditors and this was a fountain of grounded advice, significant perspective that had the debtors taken heed, they would have taken a more honourable path. |
Simon's shared several important information and proposed several solutions via Live YouTube and X (Twitter's) space which had help several members of the community on the way forward. |
1. Properly communicated the needs and concerns of the creditors to the teams on the Celsius side. 2. Though he didn't win the bid, I believe his bid proposal was an integral part in developing the final structure of how the bankruptcy was to be handled. |
By executing a stalking horse bid for creditors. By constantly uploading videos that helped even educate the judge. And by holding spaced and allowing creditors to ask questions |
The videos provided SO MUCH helpful information to help us in addition to the AMAs. Simon is the future for chapter 11 crypto cases |
Stalking horse process Weekly podcasts to explain the process and progress AMA's to answer questions from creditors and also managed response via various social media platforms |
Same as answer 2 above. |
An example is when the initial business plans were proposed and none of them looked any good. Simon publicly advocated for a stalking horse competitive bid which led to significantly better terms being negotiated. Simon was the best advocate for the creditors and in our opinion he did a better job than the UCC |
Stocking Horse Bid |
I would say that his ability to explain the bankruptcy process to us on Twitter Spaces and on Youtube was one of his many contributions. |
1. Simon was quick to take the lead in providing educational guidance to creditors even before Celsius filed for Bankruptcy. 2. Simon helped push through Stalking Horse process that lead the Court and other interested parties to allow other bidders to get involved. 3 By being allowed to play a direct, but one of the essential roles, that of one of the Observers. |
- Provided plan that was basically used as blueprint by later parties; - Got us a stalking horse bidding process. |
he was with creditors when alex mashinsky disappeared |
Simon Dixon worked very hard to bring all of the parties to the table and make sure that each class of creditors interests were properly represented so that we could all come together to get out of chapter 11. If he had not done this, we might still be stuck there, draining creditor assets and inching closer to a liquidation. |
He came up with new plans |
I think the results speak for themselves. What we ( Simon) has achieved hasn´t been done before. It is ground breaking and definitely positive for the industry as a whole so that everything can move forward knowing the boundaries and regulations. |
Again, I think Simon's biggest contribution was providing both education about the process and a forum for creditors to discuss and listen to experts to learn what we could do for the best possible results. |
Staking horse bidding made us get a better deal and also the observers was almost perfect. |
He deserves a cigar and some comfy slippers. |
Simon's relentless pursuit for justice for his personal situation as well as the whole creditor body in general drove him to utilize all available venues to keep pressure on all parties and hold them to accountability. The Twitter Spaces " X " , You Tube videos and Town halls allowed for collaboration as well as a place to find support and become more informed on the proceedings of this Bankruptcy . His business knowledge of the Digital spaces was instrumental in helping drive maximum recovery opportunities for the community. Without Simon's involvement and leadership, I truly believe this Celsius nightmare would have been much worse. He gave hope to a lot of people that you have to keep fighting for the greater good. |
Keeping the creditor community engaged in Twitter/X discussion spaces to bring real time feedback from the community to the key parties like the UCC and Debtors to effect a more optimal plan. |
Simon’s insistence that we have to get out of chapter 11 asap to get the most back from the estate. His vigilance on debtor’s expenses each month reminded us all how much is being lost by creditors each month |
Simon played a key role in setting up the stalking horse bidding process for the company. This competitive process has resulted in a reduction of fees and a higher chance of recovery. |
In addition to the efforts previously mentioned, he tirelessly held twitter spaces keeping creditors informed, answering questions, and unifying creditor factions to put aside differences certainly effected a much better outcome for all involved. |
Simon and Bank To The Future came up with the original plan that all the Stalking Horse entities used as a blueprint for their plan. I’m sorry, it’s all such a blur of trauma and confusion, so I can’t member the exact details. I think Fahrenheit was proposing to take $400mil from the estate to start the newco and Simon got it down to $50mil. That’s pretty significant. |
Not posible at the moment |
He brought options for the solution, came up with staking horse idea, helped to clarify what was going on during the process; kept everyone informed frequently. Offered Hope to everyone that there would be a solution. |
At the very early days, Simon posted a 7 part video, outlining his ideas on how to get as much value back for the creditors. These videos were super instructional, and helpful and in the process of the Chapter 11, became almost the guiding Curriculum for all involved to study and become educated on the best possible strategies moving forward. One specific example was when he suggested that all the creditors' tokens be sold and converted to BTC and ETH, so that it would not be a hurdle in the future, with all the regulatory agencies, to redistribute our tokens. This eventually happened, and if this suggestion had been initiated earlier, it might have meant an even greater value to be returned to all creditors. |
Once Fahrenheit was selected, the process of getting a disclosure statement began. Simon's team sorted thru all of the creditor claims, originally $850 million, removing duplicates and anything unverified, with a resulting 650 M in debtor assets for potential distribution. That became the basis for Earn AD hoc and Loan Ad hoc groups to reach a settlement so the disclosure statement could be completed. Facilitating the settlement between Earn And Loan AD docs saved the debtor estate additional time and fees. |
Simon Dixon's campaign work influenced earn ad hoc and loan ad hoc to agree to terms that helped to approve the disclosure statement. |
A shining example of how Simon Dixon's contribution has demonstrable benefit for the Debtor's Estate stems from his bringing the majority of Celsius' depositors into a routine public discourse early in the crisis. That forum flushed hiding members of former management directly into the conversation and to make public statements sufficient to expose criminality in their handling of depositor funds. This provided the court a way to separate the Celsius Estate from those bad actors, allowing the NewCo to emerge from Chapter 11 bankruptcy without risk of downstream negligence prosecution or civil action. |
He was a big part of the push to get the stalking horse bid added and that led to quantifiable financial improvements to creditors. |
twitter spaces and YouTube updates helped to elucidate this complicated endeavour |
See below |
Simon Dixon's strategy of providing regular video updates and hosting Twitter live spaces was a game-changer. These platforms became a conduit for up-to-date analysis, fostering transparency and enabling everyday creditors to voice their concerns. In essence, Dixon became a vocal advocate for the smaller creditors who often find themselves overshadowed in such legal quagmires. Without his intervention, the process might have been less transparent, and the creditors could have faced even more adverse financial repercussions. |
Simon Dixon has spent substantial personal hours to track and negotiate the best terms possible from the Celsius bankruptcy. Simon has fought for everyone, including those of us that have smaller losses than institutions yet large losses to us on an individual basis. |
Simon Dixon's initiative of hosting regular videos and Twitter live spaces provided a critical and timely analysis of the ongoing situation. His efforts spotlighted the actions of the UCC and the entire process, enabling everyday creditors to voice their concerns and be acknowledged. Essentially, Simon Dixon acted as a spokesperson for the smaller creditors, ensuring their interests were not steamrolled in this financial crisis. His interventions made a marked difference, preventing a total whitewash of creditors' concerns. |
Not sure |
The two best concrete examples of Simon's contributions for me were: 1) The Twitter AMAs which Simon setup to answered questions directly or connect the caller with the question to the appropriate online expert. These AMAs were indespensable in providing accurate information, dispelling rumors, controlling misinformation, and acting as a call center for creditors to unload their emotions, tensions and frustrations. and 2) The Voting Strategy video that broke down the voting ballot, step-by step, and explained the language and implications of the yes or no votes. Voters were then able to make rational decisions on how to vote based on their own particular situation. |
Simon has provided recommendations to the board on how to return the assets to creditors by distributing the coins together with the new co's shares to the creditors, which is a more sustainable way compared to winding down the company. |
His celsius account showing he had never withdrew any funds leading up to bankruptcy showing his true integrity he was genuine about the success of all creditors. |
No, sorry |
The plan Simon Dixon put forward shortly after bankruptcy was declared ended up, in large part, being the plan adopted. Tens of millions of USD were unnecessarily spent in fees to a number of advisors who did little more than get us to Simon Dixon's plan more than one year after Simon drew up the plan. |
I am a creditor in the earn program, not in a position to talk about the debtors' estates. |
He helped us understand how to vote for the plan and navigate the online voting with Stretto and what the different questions meant in simple explainnation |
he created videos every week and helped everyone |
The bnktothefuture bud directly affected all future bids and most especially the winning Fahrenheit plan. It was his efforts that gave creditors the board observer representation. |
His staking horse suggestion helped to get a new bid which improved the bids. |
He has put countless hours of negotiations with Fahrenheit,New Co, US trustees & many ad hoc committees. |
He gave us all a recovery road map . And that gave us hope . Even as the bankruptcy laws carved that hope away piece by piece he always thought outside the box and stayed positive |
His YouTube video's. |
I mean his detailed analysis and providing a realistic legitimate restructuring plan at the very beginning of Chapter 11 was used as the benchmark plan and really should have accelerated the final outcome much faster than it actually did. |
He went through all the different options, told us what he was going to do, and let us know in our situation what may be a good option for us to take |
No |
Though not accepted, I believe that Simon's group put forth a plan or made a bid with a plan for solving the Celsius situation. I am sorry, but I don't know the correct terminology. |
No |
1. Created the 7-part video series on YouTube that became the foundation of the re-organization plan and what eventually got approved. He also submitted an orderly wind-down bid for how to get everyone their coins & assets. These things came together in lobbying for the stalking horse auction that then got approved. He also got all the fees down. 2. Contributing to ensuring that the disclosure statement was approved. 3. Getting more creditor representation on the board. |
He support the idea to have earn adhoc and other adhoc groups and brought in the negotiation between earn adhoc and loan adhoc. He explain different aspects, the risks and possible losses if the negation could not been met. Eventually each group stopped fighting for the assets, each group met agreements and the case was able to move forward. |
He hung in there when Mushinsky was doing everything he could to steal more $ |
No. Nothing. |
Limited at as time |
Farenheights management charges would not be a flat fee instead of % linking to BTC / ETH market fluctuation and future rises. |
bis heute sind und bleiben wir motiviert. bis zum Ausstieg aus Chapter11. |
- |
Stalking horse, Plan for Newco, Earn ad hoc and Loan ad hoc agreement |
Horsing bid make us save more than 100 millions dollars, making videos of a restructuration plan that lawyers taked back at some stage, creditor board members and observer and fix conflicts that could have costed us a lot without even knowing or understanding it! Thank you so much Simon!!! |
Communication with everyone and explaining complicated things. Helping to get class action stuff super helpful. |
Simon provided the organization needed to create a legal case. Without his leadership, this case may not have ever been possible. |
He was under various NDA but his messages were coming clear as what our objectives were to come out of Ch11. |
Yes, Simon’s influence on the New Plan votes of Creditors helped push the plan forward at a high rate, despite his rejection as a board member. When referencing the amount of creditors and debtors who would have voted for him as a board of director member, the quantifiable community benefit to creditor/debtors is real. This goes beyond followers, supporters, or politics. Several board members were elected due to experience and politics, but creditors and debtors would likely not have voted popularly or favorably for them due to their lack of demonstrable benefits to debtors estates. Simon spent time and energy helping thousands of Debtors Estates, but did not always benefit the political ethos of the NewCo, which is why he was excluded from the deserved benefits of board leadership. |
I am not sure what you want for "concrete" examples. |
His Bitcoin holdings that were taken from him and then returned? |
Simon´s efforts can be seen in his communications through Twitter spaces, live streams, emails; not only in presence but also in substance. |
It was Simon's involvement that spelt out to other parties and companies wanting to buy out (fleece) Celsius, that he was NOT going to take this lying down, and that he was prepared to fight for himself and everyone that he was 'by default' representing. He did it for US, for no financial gain. |
I dont have |
Typically, in such bankruptcies, it feels almost impossible for the average stakeholder who was burned to (1) understand what actually happened that caused the collapse; (2) keep track of all of the complex events that unfold over the many months of bankruptcy proceedings; (3) understand where my specific interests fit into this big mess; and (4) understand what I need to/should be doing. In the face of this difficulty, I believe that in most instances stakeholders such as me just resign themselves to operating in the dark, which tends to (1) multiplies the dollar costs (i.e. losses) we bear; (2) creates an opening for bad actors to exploit the process (and lack of transparency); and (3) inflicts significant psychic pain because we are fully aware that these two dynamics are going on. In the field of economics there exists a framework for trying to estimate the value of a service: the notion of Willingness to Pay. I believe that, if truth could ever be told, Simon's tireless efforts to answer questions, keep stakeholders apprised of events, as well as his advocacy generated tens of millions (if not hundreds of millions) of dollars of value. |
Not a debtor |
I could but I think we all know the story and what. He has done with his negotiation skills and determination to get the best deal for us |
Simon's public material such as the Youtube video entitled "My Celsius Timing, Tax & Litigation Strategy Revealed | Celsius Recovery Solution | Part 2 of 5" gave points and references regarding handling of tax responsibilities after receiving payment for Celsius bankruptcy claims: that has informed my understanding that I need to take actions such as preparing documentation regarding the original acquisition dates and prices of the assets which I transferred into Celsius before the bankruptcy, such that I can properly calculate and report losses. I understood that tax advice was not being provided, but a range of educational material was being presented which helps accelerate the cycle of people such as myself gathering appropriate information by any means (including referring back to authoritative Celsius bankruptcy information sources, notifications published by Stretto and and statements published by the Unsecured Creditors Committee, to form our own views to inform responbile decisions. |
Holding mashinsky to public account, refusing to get on celsius board so that he could remain independant |