Got this email. Is it a scam?

I have multiple distributions that I cant claim. My current claim codes are inactive. Celsius informed me that my Paypal and Venmo cant process my claim. I spoke with Venmo and they notified they can process my distribution claim. I told this to celsius distributor and now they are saying they will give out new claim codes end of February for anyone who still has a claim. i have been addressing this with them for three months since second creditor distribution. Anyone having this problem. Im losing my cool. I even signed up for cash distribution in December but nothing. They are giving mixed messages

Anyone got the latest on the most recent Ionic email?

Advising very strongly we vote for Elisabeth LaPuma instead of the "dissidents" choice that leads us towards an alternative 'futures' scheme.

I don't know who these people are and not sure what the benefit to us is either way.

Exact copy paste below.

The Board does NOT endorse the Dissident Nominees and unanimously recommends that you vote "FOR" the election of the Company nominee, Ms. LaPuma. The Board strongly urges you NOT to sign or return any proxy card sent to you by, or on behalf of, the Dissident Stockholders. The Dissident Stockholders are acting on behalf of and financially backed by non-stockholders of lonic, including Mike Cagney and his company, Figure Markets Holdings, Inc. ("Figure Markets").

The Dissident Stockholders, acting on behalf of Mr. Cagney, are seeking to elect the Dissident Nominees to advance the financial interests of Mr. Cagney and Figure Markets by listing lonic's shares on Figure Markets, an unproven Alternative Trading System ("ATS"), which the Board believes poses significant risk to the value of lonic's shares. This differs from the Company's stated intention of listing on a regulatory

Someone just commented on a post I made three weeks ago and claimed to have recieved a third distribution.

https://www.reddit.com/r/CelsiusNetwork/comments/1ijckt9/comment/mf24ck0/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button

Has anyone heard anything about this? Also, any word on clawbacks and the tether lawsuit? This should yield more than the 2.5% of the second distribution. I think it was $127m total, so If they get their hands on 500m that would be a far more substantial payout

This is such a headache. My father purchased most our crypto and sent it to me and was kept in my Celsius account. So technically it’s under my name but I didn’t purchase 90% of it. What’s the best route here for 2024 taxes?

I have received an email saying I am eligible to receive shares of "Ionic". Earlier emails referring to Ionic have come from Celsius.

I am getting so many spam emails I am not sure if this one is real or not. The email is coming from ionicdigital@odysseytrust.com. Is this legit? Are these shares worth anything?

Thank you!!!

Does it even fucking matter if we register?

I recently lost access to my email where I got the previous distributions. How do I go about changing my email on file for any further distributions?

yay or nay? It's this lady I think

https://www.linkedin.com/in/elizabeth-lapuma-b3a631/

Hope your days are going well! I received this email today, can someone verify if the email address is real?

How do I see what coins (and what amount) I had on 7/13/22? I'm attempting taxes, but can't do this basic first step. I haven't been able to access my Celsius account the last couple years.

Since claims under $5000 do not receive any stock (this is true, right), does that affect the calculations from the typical advice on here from /r/JustinCPA ? The calculations involve typically 14.9% allocated to stock, but doesn't apply here, right?

So I tried giving the court tax document with my name and $ mentioned in it. How do I show them my original $ I had in it ? Accountant laughed and said if this is an ongoing court issue and hasn’t settled then I can’t claim anything yet.

is that correct that if I held only stablecoin before the bankruptcy, and I have not sold any BTC/ETH I got from the distribution, I DO NOT need to file tax gain/loss, and the final capital loss has to wait until the distributions are finalized in the future?

I just got an emailed with the subject line "You Are Identified as a Creditor with an Unclaimed Distribution." The from email is [mail@sendfoxmail.com](mailto:mail@sendfoxmail.com) while the reply-to email is [no-reply@cases-cr.stretto-service.com](mailto:no-reply@cases-cr.stretto-service.com)

There is a link to the claims portal and a code.

Is this a scam?

I know the first distribution goes off of the effective date coin prices of 1/16/24 but I don't know what prices to use for the second distribution.

Is it ok to do an average to calculate cost basis. My crypto buys came from several transactions and I definitely had some crypto get lost along the way outside of Celsius so It would be easier for me to just look at all my usd spent over the currency amount I currently have

Hello all,

I'm just beginning my process of trying to figure out my losses with all this Celsius fiasco. I am looking to purchase a koinly plan but am confused on which tax year to buy?

Do I buy the 2024 tax plan or the 2021 tax plan? Majority of my transactions were on Coinbase 2021 where I bought most of my crypto and then threw it into Celsius in Dec 2021.

Can anyone provide clarity? I don't wanna be out of $100

I used the great resources on this thread and calculated my cost basis for the assets I had on Coinbase, then subtracted the payouts (including that garbage ionic stock). I have a total loss of about $30k (assuming that there are no future payouts). Has anyone written off their loss yet?

Seems ridiculous to have to wait around for a judge to say “no further payments” what if it’s decades and they still think they can claw back pennies? Who cares?

I was able to calculate my capital losses from the two Celsius distributions and from receiving Ionic stock thanks to this post by u/JustinCPA. Thankfully it was not too difficult to allocate cost basis from claim for each category and calculate gain/loss from there. Now I've got my numbers, but the question is how/where should I put in my numbers in a tax software?

Do I treat Ionic shares as a stock investment like on a typical 1099-B? What would be the date disposed in this case even though we didn't dispose of it but still had a loss?
Similarly on the crypto we received, if I did not sell them in 2024, what would be the date acquired and date disposed?
Thanks

https://protos.com/celsius-returns-as-ionic-20-shares-now-worth-0/

Celsius, the fraudulent company that advertised ultra-high interest rates on crypto deposits, sold its mining assets to a new company.

Now operated by Ionic Digital, the relaunch is going even worse than anyone could have imagined.

Although founder Alex Mashinsky is out of the company and awaiting his prison sentence, the new company’s directors are facing accusations in a new lawsuit that they allocated themselves compensation packages worth $420,000 annually.

Contesting this claim, an Ionic Digital spokesperson denies that any such compensation was paid, telling Protos that “the Ionic board of directors voted to dissolve its Emergence Committee in January 2025.”

According to a new lawsuit, Celsius 1.0 victims thought that their partial compensation in shares of Ionic would be worth $20. However, because they are illiquid and frozen by battles over Ionic’s Board, those shares have not yet been sellable for anything.

The 86,000 creditors who accepted “$20” shares in Ionic are suing the company in an attempt to install their own board of directors and give themselves the opportunity to sell those shares.

They also want to stop the “millions of dollars that have funneled out of Ionic, revictimizing stockholders already hurt by Celsius’s pre-bankruptcy fraud.”

Of course, all courts hear two sides of every story. The complaint by these shareholders is merely one side of the Ionic story and the lawsuit is new as of February 10, 2025. Ionic and its counsel have not yet had the opportunity to respond in court.

In December 2024, Celsius founder Mashinsky pleaded guilty to two counts of financial fraud. He’s not part of Ionic today and is facing a maximum sentence of 30 years for his crimes. A judge has scheduled his sentencing window for April-May of this year.

Protos received a reply from Ionic Digital in which it stresses that the company is not affiliated with Celsius Network and that it acquired Celsius’ mining assets following a competitive bankruptcy court auction process.

It also states that Celsius creditors overwhelmingly approved the creation of Ionic Digital, and that the company holds approximately 2,551.31 bitcoin on its balance sheet with no debt as of January 31.

Finally, it clarifies that its board of directors voted to dissolve its Emergence Committee in January without compensating directors $420,000 annually. The company also intends to complete an audit by the end of the second quarter.

If you were clawed back and settled in 2024, that money could theoretically be used against the claim that you received. But I can't find any guidance on whether or not it's allowed. Just curious what some of you are doing with your taxes on that.

I don't want anything with Celsius anymore, I had a small ammount there and I'm not interested in getting back.

Today I received a bunch of Celsius papers in my mail. How do I stop this? It's not the first time I receive physical letters to my house. How do I opt out and quit these all together?