is saying a lot because john ray is also the guy who led enron through bankruptcy. now he stopped short of outright calling ftx a fraud. but he did lay out a series of allegations that support some of these charges that cara was just talking about from federal prosecutors and john ray said that the major breakdown is that customer funds were mitched with the asset from ftx hedge fund. the s.e.c. said that is at the heart of the house of cards. hedge fund made risk by bets and went on a $5 billion spending spree on money losing investments and they made loans to insiders in excess of $1 billion. hopefully, kate, this hearing will bring some clarity to some other major questions that are still unanswered at this point. one, what hope do customers who lost money in this bankruptcy have at recovering it and also how do you regulate crypto. because this bankruptcy has made it patently obvious that