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ALLAIRE, FOUNDER OF CIRCLE HES AN EXPERT ON ALL THINGS CRYPTO JEREMY, A LOT OF FOLKS LOOKING AT THIS SAYING THIS IS LIKE THE QUICKSAND MOMENT FOR CRYPTO. WHATS HAPPENING HERE? THANKS FOR HAVING ME ON, ANDREW YEAH, I MEAN, ITS COMPLEX I THINK FOR MANY PEOPLE THIS IS SORT OF A SHOCK. I THINK THERE WAS A PERCEPTION THAT FTX WAS ONE OF THE STRONGEST FIRMS IN THE SPACE OF COURSE, YOU KNOW, FTX INTERNATIONAL, WHICH IS I THINK REALLY WHAT WERE TALKING ABOUT HERE, YOU KNOW, OPERATING OUT OF ANOTHER JURISDICTION, NOT SUBJECT TO U.S. REGULATIONS OR EMERGING U.S. REGULATIONS SO I THINK AT SOME LEVEL NOT THE VISIBILITY THAT YOU WOULD TYPICALLY HAVE IN REGULATED MARKETS CONTEXT. AND I THINK, YOU KNOW, THERE ARE REAL QUESTIONS ABOUT, YOU KNOW, SORT OF DOWNSTREAM IMPACT AND THINGS LIKE THAT IS THIS ANOTHER MAJOR DOMINO THATS GOING TO SUBSEQUENTLY KNOCK DOWN A NUMBER OF OTHER DOMINOS? WEVE HAD A NUMBER OF THOSE HAPPEN THIS YEAR IS THERE A BALANCE SHEET HOLE? IS THAT BALANCE SHEET