Some thoughts on Coinflex restructuring plan.

Coinflex finally released their balance sheet and have set a date for creditors to vote on said plan. I have a lot of questions and I am sure many in Bch community do also. Even though I am a creditor a I have not been paying much attention to the facts of this unfortunate event. I basically wrote it off as a loss and lesson learned. But lets hash this out…

1.) Who belongs to this group of “large creditor group” that has done the negotiating for all creditors?

2.) Who is the SmartBCH Alliance? How do we even know they can be trusted. Who made them the beneficiary of the SmartBCH share. Coinflex?

3.) Why is Coinflex short more than what they say Roger owes? I know the reason coinflex has given is because of flex liquidations. How do I know this is true?

4.) Why was 100,000 BCH allowed to be withdrawn after withdraws were closed?

5.) Why should I trust what Mark Lamb says? It seems to me a lot of shady transfers occurred leading up to the gating of withdraws.

A lot does not add up and pretty much must be taken on the word of Mark Lamb. I have have a deep feeling in my gut that something is amiss. It seems that substantial shorting of BCH occurred leading up to the gating that may have happened from insider knowledge. It is not lost on me that a lot of supporters of BCH have been wiped out of their holdings. Roger, I owe you an apology for this post, https://www.reddit.com/r/btc/comments/vuxtu1/i_wish_roger_would_give_his_side_to_this_coinflex/, it is looking like you got played a long with the rest of us.

Some thoughts on Coinflex restructuring plan.