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$20M Bounty Offered in Return for Complot Proof Against Celsius

$20M_Bounty_Offered_in_Return_for_Complot_Proof_Against_Celsius Altcoin News
    • A $20M bounty is being offered to whistleblowers with evidence of Celsius crypto liquidation conspiracy.
    • A Twitter analyst hypothesized various conspiracy theories that might have sabotaged Celsius Network.
    • BnkToTheFuture founder announced a 9-month recovery plan for Celsius Network.

As the crypto market nosedives into a drastic plummet, scrutiny on abruptly frozen Celsius accounts’ continues to rise. A starling offer, a $20 million bounty, has been made to the masses by the Twitter account @TheRealPlanC recently in exchange for the evidence of a conspiracy to liquidate the massive crypto scheme.

The theory about a probable conspiracy involves some of the most renowned names in the crypto industry and one of the largest exchanges with connections to Major League Baseball, BlackRock, and also Bill Clinton.

@TheRealPlanC further hypothesized the conspiracy theory in a 25-tweet thread. Each tweet from the thread summarized a different theory; one of which stated that the FTX and Alameda Research conspired to trigger the demise of Celsius since CEO Mashinsky decided to exit early from its Terra holdings. Whereas in reality, FTX and Alameda held on and lost millions in the process.

In another theory, @TheRealPlanC argued that multiple crypto community influencers and rivals to Celsius embarked on a campaign of misleading information, causing an exodus of users from Celsius Network to other platforms.

However, shortly after posting these conspiracy theories and the bounty offer, @TheRealPlanC has reportedly been blocked on Twitter by the CEO of FTX trading limited, Sam Bankman Fried’s official Twitter account. Even though FTX, SBF, or Alameda wasn’t tagged in any of the posts, @TheRealPlanC concludes this action by stating that “someone is not a fan of my recent findings”

In other news, Simon Dixon, the founder of web3 investment firm ‘Bnk to the Future’ who led the first round of investment for Celsius, announced a 9-month recovery plan for the suffering platform. This recovery plan was released last weekend and is directed towards “both the Celsius community and our (Bnk to the Future) investor community in light of the recent suspension of withdrawals at Celsius.”

Dixon mentioned that he has invested only a small portion of his entire wealth in Celsius, so he isn’t personally exposed to any potential insolvency. however, he is “more concerned for community members that may have a chance at preserving a larger percentage of their wealth through a recovery plus an education in risk management.”

Passionate about crafting content, zealous about the crypto market and ever-intrigued about Web 3.0, Sneha Mukherjee is a writer who believes in brevity, pays attention to details and thinks outside the box.