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foreign [Applause] cryptocurrency news and investing for crypto gains whats going on guys today were going to talk about FTX and if you had funds on FTX what is the Fallout what can you do what can you do to try to recover some of your funds or at least take the loss as a taxable deduction so I want to talk about this so first and foremost I am not a certified accountant always talk to your tax accountant about these kind of things but Im just kind of framing this out there so you know that it exists and you can speak to your accountant about this so unbeknownst to a lot of people if you get rug pulled or there was just straight off theft especially in the case with like FTX where if they declare bankruptcy and then it is found to have done things which were illegal this could be a quote Ponzi this could be a investment fraud so there are sections of the tax code that allow you to like a big premise to this was the Bernie Madoff case that was kind of like the Ponzi so theres some t