Ray, you sound like the career securities lawyers who laughed about an asbestos lawyer who filed a Motion to Intervene in the Ripple case - at that time - the most significant non-fraud securities case in modern history. But I readily admit that I had never even heard about the Howey Test before getting involved in the Ripple XRP case. I even refused to take Securities Law in law school because I found it too damn boring. 😂 Sometimes you get involved, despite a lack of experience, because it’s simply the right thing to do - even at the risk of embarrassing yourself professionally. Yet, Judge Torres cited my efforts three times in her final decision declaring “XRP itself not a security”, including my efforts in the @LBRYcom case, as well as citing the 4K XRP Holder Affidavits I submitted in the case. And your right, anyone who knows me, knows I strongly believe the Accredited Investor Rule should be abolished or greatly reformed. If I ever make it to the Senate, it will be a Bill I propose and sponsor. No rule should exclude 87% of the American population from investing in private markets. Unfortunately, however, the example of your former employer - @linqtoinc - significantly reduces the chances of reforming the Rule. Linqto will now be used as a PRIME EXAMPLE of why the Rule exists - to protect retail investors from being scammed and defrauded. Btw, I noticed you didn’t comment on the fact that I, and every single lawyer who’s looked at the documents in the Linqto bankruptcy, all describe Linqto as a fraud. You were in the court hearing yesterday - you heard the same as I did. Do you still contend that Bill Sarris is a good man and that no fraud was committed by your former employer? Before you respond, below is the first two pages of an 18 page Legal Memo written by Linqto lawyers that I’m sure you’ve read. In sum, in October 2023 - long before the bankruptcy filing in July 2025 - lawyers informed Linqto that it was in violation of the following: “Unregistered Broker-Dealer Activity;” “Excessive Markups;” “Fraudulent Securities Offerings;” “Non-Exempt Unregistered Securities Offerings;” “Non-Exempt Unregistered Investment Company.” So not only have I called it a fraud, but career securities & bankruptcy lawyers (of which I am not) do as well. Btw, one year later, in October 2024, Linqto’s General Counsel, Deputy General Counsel and Chief Compliance Officer sent an internal email to Bill Sarris admitting to the same violations. Instead of fixing them, Sarris took the millions of dollars he made and hired the current management team to take over. Now, after consulting a career securities & bankruptcy lawyer yourself, let me know if he or she disagrees about the fraud and maybe I’ll come on your show and we can have a civil discussion about it. Since I have access to all the emails Bill Sarris sent to anyone in marketing & advertising, I can bring those with me.(John E Deaton)