Jamie Loftus

Yeah.

Anyway, and this is this is it is it could not have been clearer that this was a Ponzi scheme.

In 2018, they put out an advertisement to investors and I'm going to read it right now.

I think you'll be like, we offer one investment product, 15% annualized fixed rate loans.

We can accept both fiat and crypto and can pay interest denominated in either.

These loans have no downside.

We guarantee full payment, the principal and interest, enforceable under U.S.

law and established by all parties' legal counsel.

We are extremely confident we will pay this amount.

In the unlikely case where we lose more than 2%— Anyway, again, I'm not a finance expert.

Neither are you, Jamie.

Banks offer like a 3% return on like a fucking, if you're like putting a pile of cash in a bank and you're getting 3% back, you're doing okay.

15% is nonsense.

Nobody, no one can guarantee that.

It's not a real product.

And also, if you are investing in the stock market, right?

And someone says, this investment has no downside.

It's impossible for it to fail.

That person's lying to you and breaking the law because it could and often does, right?

Yes, yes.