 Great one visual asset news. My name is Rob and we got a lot of things to go over. So just the thumbnail and title suggest Celsius plan comes to light and I got to tell you in all honesty I'm shocked at what they said. I'm Surprised at the language that's used and it's kind of concerning what's going on But there is some good news along with some bad news that I think I'm gonna leave it up to your best judgment To decipher what that is. But first we'll take a look at the market. It's actually being a little more resilient So it's looking pretty good. We'll go over that legal summary talk about how why I'm shocked and what's going on And then also how to file a claim which a lot of people were asking me about and then We'll also go over some couple of stories about another fund closes access to withdrawals and this involves the mooch Anthony scare moochie they won't take a look at some documents for three arrows capital and how they're using your funds to buy yachts and bungalows for multiple millions of dollars and Finally, we'll go over some a little bit more concerning news Which is what's going on with whale number three as they move Thousands upon thousands of Bitcoin out of their wallet. So we'll go over all those things But first let's go over what's going on in the market today. So today is actually pretty good day I'll be honest with you. It's looking pretty good And things are quite resilient as we see what's going on. So today Tuesday 19th of July I mean things are looking pretty damn good I'll be honest with you bitcoins at 23 to we're over a trillion yet again, maybe we can get back to two trillion I'm not Injecting a bunch of Hopium. I'm just saying that's my hopes and dreams and wishes to get back to two trillion Ethereum over the last week has been up over 42 percent News about the merger happening. Hopefully it goes through. I'm kind of a skeptic, but they go in the right direction That's all it really matters finance coins of everything's up. So on is up 13 percent. That's crazy Polygon, I mean, it's down a little bit today, but 63 percent for the week's pretty good polka dots up doge coins up Cardinals up 16 percent. Everything's looking pretty good. And that is of course Remember CPI numbers were the 13th of July and we're gonna see the Fed come in and they're gonna say what they're gonna do As far as basis points they're gonna raise up, you know a full I know people are correcting me about this all time, you know 0.75 or 75 basis points or a full percentage point. How do you want to say it? But yeah, I think I'm hoping Actually, I'm hoping for a full point to go all the way up That'd be awesome And then we can just rip the bandit off and if they go a full point or a full percentage point it comes up And they say yep, that's what we're gonna do and the market still stays resilient I think we're gonna see some pretty good times However, I'm a big believer in the four-year cycles. So I'm not old my breath. Anyhow, that's what's going on the market Which makes me think about what's going on in traditional markets and you can see today I mean S&P 500 up two and a half percent almost NASDAQ's up almost three percent So maybe the earnings reports weren't as bad as people were making them out to be so that's what's going on the market Things are looking good for today. But remember This is not a bull market. There is low volume in our crypto market. We're just barely over a trillion dollars So don't trust these pumps for anything else and don't think that things are gonna go up to the moon Do I do I know that for a fact? No, I don't and no one else really does either. So just be careful out there I can't tell you what to do. This is not financial advice, but for me Might want to think about taking profits, especially when you see what's going on well number three So that's what's going on in the markets themselves. Let's get into the big show What the heck's going on with Celsius? So there was a tweet put out yesterday by Celsius Network and They've already had their day in court and they've already talked about their reorganization plan and they state here Hey, it's gonna be a big buy-in from the community. I got to tell you trust is destroyed I don't see myself going back anytime at all if soon But here they are and they're making their case and they states here customers can now file notice of a claim with strato That is the organization that is leading the charge For their legal process for additional information you can visit this website Which I linked in the description and or you can call this number now I personally call the number cuz I was like I wonder if I'm gonna get a real live person surprise I didn't and what it comes down to you can call the number today That's fine or the international number What it's gonna say is leave a message and we'll get back to you as soon as humanly possible So good luck with that you can email them to also good luck with that so what this Link is gonna send you to is to this website looks like this actually doesn't look like this it looks like this At the very top it's gonna look just like strato Celsius network blah blah. It's that we've seen this before everybody's has seen this But if you go if you scroll the top here You can click on file a claim and and the documents that I've I'm gonna show you today You can find those right here under first day presentation Please click here and we'll go over that in a second, but to file a claim click on file a claim And then just so you know It says right here proofs of claim are public documents that will be available for viewing online unless otherwise stated and Let's see. Let's see Please review your supporting documents and redact redact according to accordingly practicing them with your filed claim Let's see important notice a document has been redacted when the person filing it has masked edit out Otherwise deleted certain information. So just so you know some of this information will be public So if you don't want that to be public Maybe you don't want to file the claim and actually the real question is do you even want to file a claim moving forward? We'll get into why you might not want to because it might be a waste of time anyhow, so you click on Electronic claims filing and when you click on that It's gonna ask you for a password guess what you don't have a password and what you're gonna say is you're gonna click on here Don't have a password request it right here. It's gonna send it to your email You're gonna get that email you're gonna put in that password that pass is gonna after you do that It's gonna ask you to accept the terms conditions, which you can read right through them It's quite boring, but you can go right through and then once you do that you're gonna get to something looks like This if it would have done it, of course, it kicks me out. That's okay. I'll log back in Except terms of conditions sure whatever You're gonna select the debt the debtor Celsius network Celsius key fire Celsius lending whatever applies to you This would be me and you click on next and it's gonna have you fill out this information Name of the current creditor You other names as this claim and required no and then all the information that you want to put in there I'm not gonna put anything in there. Let's see. No, no, not right now and Then it's gonna ask for the last four to just the debtors account number or Account or any number used to identify the debtor probably your social how much is the claim? Does this amount include interests or the charges you're gonna put in the dollar amount right here? And then of course nature of property is a real estate motor vehicle or other This is a pretty generic form obviously it'll be other they're gonna put in your crypto and everything that's there You can actually still look at your voyager account and take a look at what is there right now currently as being held up So that's if you want to go through that but I got to tell you there was a There was a YouTube video with it was tone vase It was Simon Dixon and a couple different lawyers and they said you can file a claim But if it's under like a million dollars chance of it actually being looked at and paid out not too high So that's just what was said in that Presentation could be incorrect and you could go ahead and file it and go from there. It's up to you I'm not your dad. You do whatever you want to do. However, this is the thing that is concerning to me for those first day information or the info that was put out by Celsius this is Let me see but the dot the first day filings which again the first day presentation or filings You can find right here, which is what I have. I just highlighted some things that I find Concerning and this is what it is taste number 22 10 964 US Bank of the court Southern District, New York great Here's where it all breaks down and this is why we wanted things public so we can see it So this is what they state the total assets that they control or they are in their control right now was reduced by Almost 18 billion since March 30th. Well, how'd that happen Rob? Great question So this is what happened first of all users got spooked and they took out two billion dollars I Cannot blame you and I'm sure a lot of us are probably thinking to ourselves boy What have been greater to take everything out? I personally had 3% of my portfolio on there and I didn't get everything out So here we are so you and of course other people have left like their entire life savings in there and so on and so forth And so not the greatest decline. Also. This was the problem. There was a decline in market value Of 12 billion. Okay crypto liquidated by third parties or tether almost a billion crypto lost from investments 100 billion or excuse me 100 million and The loans, this is the big thing loans almost two billion due to loan redemption and liquidation That would be what they talked about as far as three hours capital So we can take a look right here. Obviously, this is in millions So bank cash on March 30th. They had 110 million July July 14th 170 million. It's pretty good So changes the positive 60 other whatever they consider that be 450 million so they're down 70. All right Mining assets is gonna be a big thing because they own a mining company And this is one of their plans to pay us all back with the Bitcoin money So the mining assets in March was 630 million now at 720. It's a positive 90 sell assets loans was 4 billion Then over here 620 million so that's a loss of 3.4 billion and crypto assets reduced 14 billion down to 1.7. So total assets 17.8 was the reduction since March 3rd, which you can see Over here in this nice little graph when I first saw this. I was like, what's the problem? They got 22 billion In crypto assets loans sell assets money other I'm like, oh, that's unfortunately. That's March 30th 2022 those are the good days, right and now on the right hand side July 14th It's 4.3 billion. So they went from 22 height of their glory to 4.3 And then of course they say that's because of loans that's because of people taking their money out which is their right I might add and Of course the reduction in the market which we're gonna take a look at also as a you know Anthony scaramucci in Skybridge, you're not able to withdraw over there as well But getting back to this that's not that's not the shocking thing. We already knew parts of that Here's the shocking thing to me The legal questions that was posed that were posed by their counsel ask these specific Critical questions they put on legal issues critical the outcome of this case include Are the crypto assets and Celsius's possession property of the estate? meaning The crypto assets your stuff my stuff they're asking they're legitimately asked this question is Does Celsius own it or are the people that? Put that into Celsius do they own it really that's the question is the answer to this question different for crypto assets held on the custody versus the in-earn program we're gonna have a second What does it mean to unimpair a crypto claim or to pay a crypto claim in full meaning? If you had one Bitcoin and it was worth 30,000 and now of course today It's worth 20,000 are they gonna pay you $20,000 or the 30,000 when you deposit it as it decreased I don't care about that me personally I just rather have my one Bitcoin back one Bitcoin as far as I remember still equals one Bitcoin So that's that part and this is it our customers entitled to the return of crypto in kind meaning if it was one Bitcoin worth 30,000 March and now it's worth 20,000. Well now do you get 0.75? Bitcoin as opposed to what it was again, I still think one Bitcoin still worth one Bitcoin and The amount of a crypto claims determined as of what date? Which Celsius entities do customers have claims against remember? There's multiple entities that is Celsius Celsius limited holding companies and things like that and this is the thing that really blew me away I might have to read this twice Can Celsius recover customer withdrawals or Loan liquidations completed in the 90 days before The filing before the chapter 11 meaning they're saying that first the question is do we own your crypto? Because you deposit and you gave us access to do whatever we wanted with it And second thing is can we claw back all those withdrawals that you did within 90 days? I'm not a lawyer nor do I play one on TV But when I look at this, this is what it means to me correct me in the comments This is what was one of the things that blew me away. So that's not great And then the current state of operation. There's the earn custody borrow institutional and of course The status was no withdrawals no withdrawals customers can can take out new loans. This was really Customers can take out new loans they let that happen. That's weird Customers that's weird customers can take out new loans after the pause date Well, if they want to of course that they want a 2x 3x and 4x collateralized Why wouldn't they allow that to happen, right? They don't allow that for three arrows capital Bar where you all you wants you don't have to collateralize with us Same thing with Voyager. I'm not gonna let them off the hook either No new loans For institutional lending. Yeah, that makes sense and then after the petition date unchanged unchanged. No new loans unchanged. Okay After pause date, so it's after pause date, which was June 12 only stop withdrawals and then after the petition date July 13 Okay, proactive steps and this is interesting The key steps were taken before filing to pull crypto assets back into Celsius custody Which is true Celsius unwound most positions where it had borrowed from and posted collateral with their price And we've seen a lot of this we've seen a lot of them paying off Ave Paying off the different DeFi places where they can actually get those assets back, which I applaud that's great You know, the all of Celsius assets are starting fire blocks That's great because remember they use some other kind of custody service and they lost the keys for Ethereum a little bit ago a while ago and Of course like sorry lost your keys So we have no access to that now that it's using fire blocks Celsius is no longer relying on an intermediary to hold the keys That's great. In addition, no new loans Froze loan accounts suspended unemployment. That's good for the company. That's not good for you and me Alright, so here's the overview again Who owes what you got Celsius network Celsius network lending LLC Celsius never limited UK U. S. Holdings Network LLC Celsius operations LLC K and media manager again Who owes what because there's a different a bunch of different companies that'll go now in the terms of conditions That's why they asked that question. Here's the customers a lot of customers. They grew very fast. We can't deny that Here's a sticking point There was two types of programs Well, it was one program really it was really just earn earn and borrow really But then they made a deal with the US government as of April 15th. They said if you're not a credit investor What that means is that you can no longer earn yield for anything that you put in After April 15th, if you're not a credit investor mean like you made $200,000 or more or you have a net askable worth of two two million dollars something like that I always forget the specifics of it and I am an accredited investor. I Just didn't want to do that because I thought to myself. Where is why should I? Gain interest on that when the people who watch my channel don't so what I did was I took everything out of earn And I stuck it right in custody. This might be an actually a saving grace So it is good to do the right thing at the right time and tell you why so under this earned program Under the terms of use title the coins is transferred to Celsius and Celsius entitled to use cell pledge and Rehypothecate those coins that is exactly in terms of service. That is true for that earned program However with the custody program, which you can just say look you can custody it and I'll take it out whenever I want to That began in April 2022 April 15th to be exact title remains with customer and Celsius cannot use the coins without instructions from the customer. Let me say that again The title remains with the customer if you use the custody program and Celsius can't touch it well First of all, let me scroll down a little bit first. Well, how many people did that? 4% The deposit breakdown goes like this for the custody program only 4% of people do that. That was me The earned program that was about 15% 4% also for what is this one lending and 77% One two three was sell balance. That's the deposit breakdown. Hmm, which is a lot of Crypto on there. All right moving back up. I wanted to make sure we touch on this point, which is the mining This is where they believe they're gonna pay us all back mining Key business segments Celsius through its debt or subsidiary Celsius mining LLC operates one of the largest Largest Bitcoin mining enterprise in the US Celsius operates over 43,000 rigs and plans to operate a 112,000 rigs by Q2 2023 That's a lot of Bitcoin being produced. What's dig into that real quick. What does that mean? So this was just put out today by fortune and They state this the company. Let me blow this up Which has valued at 3.5 billion last November has a 1.2 billion hole in its balance sheet I think it's more than that most of which is do the 4.7 billion worth of crypto the exchange or do its users great Bankers to fall in July 14th Celsius had hoped to compensate its creditors including its hundreds of thousands of users With crypto minted through mining the lent the lender defended this plan in its first bankruptcy hearing on Monday Celsius you ask the judge to approve the company spending five million to jumpstart the mining operation So that's a question. Do you think that's a good idea? Would you vote for that? Where's your voice? How do you tell them that you're part of the community? That's the big question And I'll get to that in a slick In a world in a world where the crypto market rebounds the mining business has the potential to be quite valuable That's Pat Nash the Celsius lawyer. I gotta agree. It could be quite valuable It could be very valuable in like two or three years, especially if we think where I believe Bitcoin is going I don't think we're gonna stay at 12 or 20,000 forever or 15 or 10 or wherever it goes down to I think bitcoins price will increase. That's why I'm doing these videos The judge approved Celsius spending requests, but US regulators are not wholly convinced the plan will work Shara Cornell turning from US trustee program Said that she was unconvinced she suggests Celsius cut its losses and liquidate its mining operations That's what's going on right now. Do you think that's a good idea? Where's your voice? How do you let them know that? Celsius insolvency insolvency is uncharted territory in bankruptcy law I'm working right now To get a bankruptcy lawyer on the program to talk about this because this is the most truth out of everything we just talked about This is uncharted territory bankruptcy law There's a lot of different questions to actually answer And there's a lot of minutiae to go through before we get to those right answers And it states this and in terms of use Celsius warns that user deposits could be subject to bankruptcy proceedings with results that are impossible to predict reliably And could include the total loss of any and all digital assets, which means Celsius users could lose all the crypto They stored on the company's platform During the ongoing bankruptcy proceedings the mic is that 100% true. Well, yes, it is actually. So here's the Celsius dot network terms of use linked in the description Consent to Celsius user digital assets you sign this I sign this we all sign this because guess what? Nobody looks at this stuff. Well, very few But here's what it says In the event that Celsius becomes bankrupt and is liquidation is otherwise unable to repay its obligations Any eligible digital assets and used in the earned service or as collateral under the borrow service May not be recoverable. Let me say that again the earned service Or collateral under the borrow service may not be recoverable What about that custody part that we just talked about the custody that which happened April 15th Nothing in here in terms of service from what I see if you put it in custody You should have access to that right now because it's not the terms of service. They didn't update it There's nothing here. Correct me in the comment section. It just makes me kind of angry that that happens but whatever And you may not have any legal remedies or rights in connection with Celsius obligations to you Other than your right as a creditor of Celsius under any applicable laws, which is what they're trying to go through now So That is an option Not a not a fantastic option, but it's an option nonetheless How Celsius is different? I will say this Valid that of all them the direct disdain that we pour towards Celsius did they not pay On deposits. Yes, they did 634 million that is true Some people will say well, that's exactly what Bernie Madoff did too. I'm not here to debate that. I'm not a lawyer But uh, there was yield paid and that is just the truth. Here's the breakdown again Eventually in the chapter 11. I think we all know this three hours capital. Da da da Here's the timeline and it's amazing how how fast things deteriorate which makes you understand just how nimble you have to be in this market And that's why like like people ask me will rob. Aren't you dollar-cost averaging? Well, no the facts have changed I'm actually dollar-cost averaging every sunday and i'm waiting for July 27th to come about well, didn't you say you dollar-cost every day? Well, yeah But when the facts change, I change it's really much pretty much how it is like Here's another thing. I used to shop at blockbuster all the time Things change and I don't use that anymore doesn't it doesn't make any sense, right? so it's the same thing here when we take a look at what's happening and That's just how fast things can can go crypto market headwinds. This is april. They're may when luna collapsed They paused it roughly a month later actually three weeks later And then you know here we are in chapter 11 restructuring. Here's what it means for you Here's the next steps what they're going to do what they want to do and what why your voice is so valuable You need to preserve the next step is this they want to preserve value on negotiating a comprehensive restructuring transaction with stakeholders All right Use bitcoin minted by mining operations to help fund mining operations and grow bitcoin holdings Which will help pay everybody back that sounds good. The question is how long would that take? consider asset sales And third-party investment opportunities and meaning sell off some crypto to pay off people because it's what it comes down to this last sentences File and confirm a chapter 11 plan that will one Provide customers you and me with the option at the customer's election to recover either cash at a discount Or remain long crypto. What does that mean? That means like this You want to cash out? You want your money? You want to just say, okay? I'm gonna take a haircut of 55 percent Or a haircut of 30 percent or a haircut of 70 percent or whatever else it is. We'll do that Here's your money. Adios. Good luck to you. Swear to you That's an option or another option is you can remain long in crypto sit around for a couple years wait for this Bitcoin mining operation wait for the assets to go up and they Either sell off or pay back people and other any way they possibly can but this is exactly Are pretty close to what simon dixon was talking about? for depositors first it was one of those three things that he Explicitly said we could actually do and people gave him so much hate and I'm like, I don't understand what the hate's coming from I just don't get it This guy has skin in the game. He's got a lot of funds in there. He's already done this with with bitfinex So why not? Anyhow when we're talking about your voice is heard. I link this in the description if you go to this page This is just for All Celsius users. I've already filled this out your name and email depositor Da da da and just talk about What would you like to see the things that we just talked about? Would that be an option because right now? When banked the future and then go to talk to Celsius Remember where it talks about here Consider asset sales and third party investment opportunities. That's bank to the future They probably want to know what you want to do because they Are just like you Simon's just like us. He's got a bunch of money just stuck there and you don't want to see it stuck So when they're going about investment opportunities for third parties Well, they're five percent shareholders and that's what they're going to talk to So it's up to you of what you want to do. Do you want to file the claim? Do you want to sit down sit around and just wait around? Do you want to fill out this form or whatever else is? I can't tell you what to do But I can tell you which way i'm leaning for i'm waiting for and i'm leaning for Simon Dixon these guys to go there and go look These guys don't want a bunch of money and and uh and get out if this was beforehand I think a lot of people would have said yeah, I'll do it I'll take a bunch of money and just run, but I think you if you're here right now. I don't know who you are You're probably here for the long haul So maybe you'd probably want to do that second option Just sit around and Bitcoin mounting operations and then a little bit of liquidity again It's all what you want to do Let me know what you want to what you think about that in the comment section. I'm sure that'll be spicy And let's finish up here with Just how fast things happen which is the mooch so It's not just like celsius and voyages a bunch of other different companies and funds and exchanges that are shutting down as well stopping withdrawals and here's another example Uh, I think scaramotry skybridge has suspended client withdrawals from one of its funds against the backdrop of a depreciating stock market So Legion strategies funds dot client redemptions on the grounds that 20 percent of its holdings are in privately held companies Which are to sell which ones are those well funds include crypto exchange ftx And uh now instead of holding 20 percent it holds just 10 percent of its assets in cryptocurrencies Legion strategies fund gain exposure in the digital world Uh managed by skybridge capital where they were really heavy bitcoin ethereum and algorand I believe that uh when when the mooch was on the show About a year ago He revealed that they put in 250 a quarter of a billion dollars 250 million into algorand And this is by february 28th nearly a quarter of the funds assets were invested Uh to crypto exposed funds. So it doesn't just happen here. It happens everywhere and expect more of that So that's just a bummer and then also this might really take you off but I have to say it because It's just interesting uh Three hours capital The bankruptcy documents came out and looks like they're buying a bunch of stuff which hey It is what it is so Singapore based firm was one of the crypto's largest most prominent funds they managed over 10 billion dollars Which I found interesting because they got so many loans from so many people Uh, of course that all went kaput when they put it into terra luna and anchor protocol and crazy stuff and pretty much lost it all Somebody right now is extremely rich from shorting that Anyhow court appointed liquid or tinio updated upload the bankruptcy filing to a website It created called three ac liquidation dot com and they put hundreds of papers and they took it down for some reason and And The whole thing was this matters a period have gone worse or wrong in april or may 2022 Which is when everything happened when three ac was brought out of spent between 200 to 600 million to purchase luna I think it's more but I mean They had 10 billion dollars 600 million. Okay And and then it just goes through the timeline which i'm not going to bore everybody with because we all know it But there was this thing Right here Davies and zoo these are the uh co-founders three ac Ignored outreach from creditors and kept their locations hidden because no one knows where they are in prolonged radio silence The filing also refers to a zoom call among davies and zoo and their liquidators, which they got to uh confront The people that uh, of course need their money back and what they did is the two founders were on mute with their cameras off I gotta tell you that is one ballsy thing to do just like we're gonna show up Or you can't see us or talk to us talk to the lawyers The filing is accused zoo and davies of using company funds to pay for a new yacht and other properties in addition to ignoring any attempts by the company's creditors They've also reportedly made a down payment of uh 50 million. That's the down payment Oh, sorry the down payment on a 50 million dollar yacht. So it's it's not a down payment It's only a measly 50 million. Uh, that's your money with the yacht to be delivered sometime in the next two months in italy Well, I hope they get that In the filing creditors also request to see if zoo and his wife Use company funds to buy two Good class bungalows which refer to rare and expensive mansions in singapore for 35 million and 20 million Please so we'll see if that goes through but as I understand it, uh, they have to liquidate all those things But if not, I mean, hey if you gotta if you gotta take everybody's money You might as well just take it in style So let me know what you think about that in the comment section and lastly to finish this up I know that our market's looking good and strong But didn't it look pretty good and strong just four or five months ago? And of course, that's when it was above three trillion dollars. I want to say Uh, just remember what goes up must come down and be careful There's a reason why I got these rules underneath me. It's not so I can waste my breath But just to remind myself you can listen or not. I don't care, but the rules are this Don't invest more than you can afford to lose. It's all gone So just just think of it like that and won't be so stressful Uh, everything's a scam Uh, treat everything like a scam. You'll be a lot better person. You'll be a lot happier Don't leave any exchanges. Don't use any leverage and take profits along the way. These are my rules They are not your rules But these are the ones that have helped me along the way having said that just remember What goes up must come down Which leads me to well number three well number three This is from Ben Shaw taught me about this this person. I believe it's Nancy Pelosi, but no one believes me and uh This is just a history of a monstrous whale and some people have their theories as the white is some people think it's a Gemini twin. Some people think it's Nancy Pelosi. Some people don't know Maybe it's Peter Schiff. I don't know and you can just tell from Because that's what that's the great thing about blockchain. Everything's open on uh, February 5th, 2019 I like how they dollar cost average. They start off with three dollars When when bitcoin was three thousand four and five then they went 20 bucks nine bucks Then they bought four thousand dollars and like, you know what? I think it works. Let's put in three million and 19 million at three thousand dollars for bitcoin and along the way you can see there's a quite in green This is quite an accumulation and red. This doesn't mean they're selling. It just means that it's moving but usually when you move things Good amount of time or some time good portion of that could be going to other exchanges to sell off So you'll see these things and well number three has been pretty good and lastly Just to see the the recent ones the last big Taking off of bitcoin was 500 bitcoin and That was worth Almost four million dollars and that was when bitcoin was at 30 000 pretty good time to sell. I gotta tell you I mean there's was better times you know when it was like 60 000, but They did a pretty good at 38 000 and at 41 000 And at 46 000 back down to 40 and so on and so forth So just uh to be aware they just moved on yesterday. Yeah, they just moved uh 5 000 bitcoin actually 10 000 actually 12 000 five Actually 15 000 bitcoin Is that right? 5 10 15 Yeah 15 000 wow 15 500 they moved it. That's a lot of bitcoin. That's like 369 12 I don't know. It's a lot of money. So that's what's going on with will number three Why do they move it? Maybe they just want to do a bunch of wallets. Maybe they want to sell I have no idea, but uh, just something to be aware of Moving forward. So that concludes today for the news So look It's not always great news Uh, but it is interesting to see where Celsius is going with this in the language that is used So make your voice heard link in the description And uh, fill that that form out and just say what you want to seem to be done Because without your information, um, we're just guessing right here And if you want us to just or if you want the the community just to rely on the lawyers to figure that out Good luck Anyhow, that's it for today for the news like and subscribe. They're good stuff now If you got to take off get out of here. You've been here for 35 minutes But if you want to stick around for q&a, I'll answer all your burning questions to the best of my abilities