Gag Orders Hiding Crypto Lawsuits and the Financial Landscape Unfolding w/ Chad Albert

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Summary

➡ The article discusses the potential of foreign inventions to disrupt corrupt systems and reduce market manipulation. It also highlights a weight loss peptide, retatrutide, which reduces appetite and burns fat. The article then delves into the world of cryptocurrency, discussing the lack of public understanding due to gag orders and non-disclosure agreements. It ends by warning about scams in gold companies and the importance of investing wisely.
➡ The discussion revolves around the digital crypto space and how it’s often misunderstood or overlooked, especially in the context of healthcare during COVID. The conversation highlights the role of Reggie Middleton, a key figure in the crypto world who patented decentralized finance (defi), a system that removes the need for middlemen in transactions. Despite the importance of his work, Middleton is often ignored, possibly due to the complexity of the subject. The discussion also touches on lawsuits against crypto companies and the challenges of patenting in the crypto space.
➡ Reggie, the inventor of a foundational patent, wants to improve the way we transact by removing unnecessary costs and delays. His invention threatens the current system and could force banks to offer better services. However, companies are profiting from his technology without proper licensing, which is standard practice in other industries. Reggie’s vision is to free humanity from a centralized system, not to destroy banks, but the current system is resistant to change.
➡ A man named Reggie created a token similar to a subscription license key, which was attacked by the SEC who claimed it was a security. The SEC froze Reggie’s assets based on false evidence, forcing him into a consent judgment where he couldn’t admit or deny allegations against him. Now, Reggie is challenging the SEC, alleging fraud upon the court. The case is currently awaiting a judge’s decision on whether to proceed with an evidentiary hearing or dismiss the case.
➡ Reggie, a financial analyst who predicted the collapse of two banks, is now experiencing the regulatory capture he once criticized. He’s also involved in blockchain and cryptocurrency, advocating for the freeing of patents for global use while respecting the original patent holder’s intent. Reggie’s latest project involves a silver round that activates an NFT, potentially granting access to an AI agent for trading and personal finance management. Despite facing suppression, Reggie’s innovations could significantly contribute to the U.S. becoming a crypto capital.
➡ The discussion revolves around the concept of parallel systems for trading, the potential of Central Bank Digital Currencies (CBDCs), and the importance of banks. It highlights the need for an alternative to CBDCs and the possibility of peer-to-peer lending as a competition to traditional banking. The conversation also touches on the issue of gag orders in the Securities and Exchange Commission’s consent judgments, which prevent people from discussing certain topics.

Transcript

Foreign invention threatens the the corrupt system that we have today. Like it really does create a sound market where market manipulation is. You just wouldn’t be able to do it. You wouldn’t be able to have market manipulation. In fact just recently there was this link to li&q t O and they just went bankrupt. And that was a tokenization platform I believe and they took a lot of the user funds with them and this is counterparty risk. So Reggie actually removes the counterparty risk because your funds actually never leave your wallet. Just a short break from the program to share with you an amazing peptide to help you lose weight.

It’s stronger than Ozempic and why it’s because it not only reduces your appetite but it also burns fat. These other GLP1s on the market, they do not burn fat, they just reduce your appetite. This one retatrutide is stronger. It’s considered a next generation peptide because of that. And man does this work. I’ve been using it for two and a half weeks and I’ve already lost 11 pounds and I cut my dose in half because I was losing weight too quickly and that kind of freaked me out to be honest. And so I also am taking this 5amino 1 mq in capsule form.

This helps by making sure that you lose fat, not muscle. And so in conjunction I’m using both of these. This will work whether you have this or not and I am telling you it’s amazing. If you are interested in getting this I have the link below or you can go to sarahwestel.com on the shop you can use the coupon code Sarah to save 10%. If you have questions about your own use you should either consult your doctor or you can join Dr. Diane’s tribe and I have a link below to that. It is only a dollar for the first week.

You can ask her any question you want and get all your answers to this. How to take an injectable and there shouldn’t be any fear in doing that. It is easy and straightforward. Go to sarahwestall.com under shop or use the link below and remember to use coupon code Sarah welcome to business game changers. I’m Sarah Westall. I have Chad Albert come to the program. His he goes by the name of Riz public publicly but his name is Chad Albert and he’s going to come to the program and talk about crypto what’s really happening in the crypto world.

So many lawsuits and gag orders. The gag orders are keeping the the general public from gag orders and non disclosure Agreements are keeping the general public from understanding what’s really going on. And then the media and independent journalists too don’t really understand the space. So nobody talks about it. And then there’s gag orders and non disclosures and so something that’s going to affect you the most in the next hundred years on how global finance is going to be set up is hidden from every everyday, you know, from the average everyday person. So we’re going to talk about this.

He’s been studying it for a while. He’s studying Reggie Middleton’s patents because they’re foundational, that everything is really built on and how he’s being attacked. It’s pretty incredible how they just want to take it, suppress them, attack them and you know, just go, it’s ours. We, because we are who we are, we just get to take stuff. And I mean that’s how a patent world is.84% of all patents are taken from entrepreneurs. They just, we just take it because we have money and power and that’s what we do. And so, so many people know that that’s happening in that to be fair in the regular world that people are doing trade secrets and not using the patent system anymore because it’s just not trustworthy.

It’s really a sad situation, but it’s not trustworth. So the word is getting out and a lot of corporations, a lot of entrepreneurs, a lot of inventors no longer use the system. But we’re watching it with the crypto space, what’s happening and so we’re going to learn a little bit about it. But these gag orders are a real issue. The gag orders, non disclosure issues are a real issue when it covers crime and it covers things that really are fundamentally impactful to you. Just like with the Miles Franklin stuff where we’re seeing so many gold companies really scam people with their IRAs.

I mean we are seeing a lot of people are coming in with their life savings. So I highly recommend that you look at your IRAs. So many of these companies are still, some of the biggest names are still selling it every day and they put their name on it saying I’m a personal customer, I trust this company. They’re the best people I know personally and they just are a deer in the headlights. They won’t admit that they’re selling fraudulent companies and hurting people. And, and it is incredible. And what’s making it worse is they’re not being treated this way.

They personally are being treated with a lot of respect and they’re shown a different side of These companies, so they just can’t see it. But their people, their listeners, their audience base are being ripped apart and they’re stolen, stealing all their life savings. So I highly recommend you look into your ira. If you’ve put it into an IRA Gold and Silver and see if you’ve purchased it within the last couple, you know, over a year ago and you are significantly underwater, you have been scammed. So go and check it out. We, I’m working with Miles Franklin and we are getting people their life savings back.

We’re making them whole. And, and so please look at it. But why people don’t know this is happening is they get, they have to sign nine disclosures. There’s gag orders there, the gag order I guess is a legal term. But there’s non disclosures. And so everything looks rosy and beautiful on the Internet and there’s nothing out there because everybody’s signing these orders in order to be or non disclosure agreements in order to be able to get their life savings back. So I’m just telling you it’s a real situation and it’s a growing, it, it’s a growing problem now because even more people are buying into these IRAs.

So again, if you purchase an IRA, stop this program, look at it and see where you’re at, make some phone calls. If it doesn’t show you obviously on your reports and statements. If you are in that boat and you can go to sarahwestall.com Miles Franklin fill out that form. I work directly with Andy and I get it to his people and we are making people whole. There’s been a lot of success stories and I want you to be one of those success stories because you don’t deserve to have your life savings flushed down the drain so some criminal people can take it.

It’s just not. And if you do want to invest in gold and silver, invest in a company that you can really trust because they aren’t. They’ve proven through saving people’s life savings that they’re one of the most trustworthy companies out there. So that you can go to sarah wessel.com Miles Franklin fill out that form as well, get a private price list and know that you’re working with a company you can trust. So this is my Friday night economic review. I’m doing it with Chad Albert today, also known as AKA Riz, to talk about the crypto space because this is going to impact you going for.

It’s one of the most impactful things that you are going to experience period. And your loved ones and Your offspring are going to live under this environment. It’s the way the world is going. So I hope you enjoy this and I will have links below. He has some information where you can follow. He also has information where you can buy the silver round. Nobody’s making money money on it. It’s just helping to fund lawsuits to protect Reggie Middleton. It’s a. His, it’s a group of people that came up with the silver round. He’s going to talk about it at the end to help fund the lawsuit.

So if you’re interested in getting that, it’s a, I think it’s a be a collector item as well. I don’t know, maybe not. But it does help the cause. Okay, let’s get into this really good conversation I have with Chad Albert. Hi, Chad. Welcome to the program. Thank you for having me. Pleasure to be here. Well, we’ve been talking for a while and come to the conclusion that so many people don’t, you know, most of what’s happening in the crypto space or the financial space is going over the heads of the app, the majority of the people, and they don’t realize how important this is to the everyday life.

This will probably be the most important thing that’s affecting them on a daily level that they don’t understand. And there is so many developments going on that people are not privy to because of gag orders and because of lawsuits that they have no idea that the most important thing that’s going to affect their life, you know, what’s actually going on and how it relates to the everyday world. And so that’s what we’re going to try to put in context today. And it’s amazing because from my perspective, I’m watching some of the most important elements being ignored, like they just glaze, glaze over and go past it.

You know, when it comes to healthcare during COVID so many people are engaged because of this. It’s amazing how many people glaze over it and don’t realize what’s really happening. And I, I think it’s because it’s the computer digital world and I’ve noticed in the computer digital world, the majority of the, the real nuggets people don’t understand. Would you agree with that? I definitely agree with that and I think the media has something to do with that where they’re purposely ignoring and I don’t want to use gaslighting, but they’re definitely, you know, portraying a narrative that’s, that’s, that’s separate or different than the path that could be Taken.

That’s right. Or that is being taken, actually. So let’s. You compared it to Tesla energy technology and how, and to try to maybe have people understand how this whole digital crypto space is moving and what it means. You had a good comparison to Tesla and energy. Can you talk about that? Because then maybe it can help people understand. Sure. At a high level what’s going on. Yeah, I actually chose Tesla or Nikola Tesla as an avatar for my X page. But yeah, the, the idea here is, you know, Nikola Tesla basically decentralized or was trying to freely distribute energy.

And if we look back, you know, where, where would we be now as a civilization if we had access to free energy? So, you know, Tesla basically patented his inventions, but he was attacked, you know, through lawfare from Edison, from, you know, JP Morgan, pulled his funding, the media smeared him. You know, we’re seeing a lot of these same tactics being used against Reggie, Reggie Middleton, which, you know, he basically. And other crypto engineers or entrepreneurs. Right. And you. Absolutely. Hold on a second. I want you to get back into this. And Reggie Middleton, people don’t realize he’s almost being ignored by the, even the independent media.

And he’s such a key part of this whole environment. And it’s, it’s very interesting how he’s being glazed over and ignored. And it’s probably because most of the journalists don’t really understand this area. They, bless their hearts, they’re at least talking about it, but they don’t really understand it. And then the people that understand it are just making an extra effort to put gag orders and to ignore them. Definitely. I mean, essentially, yeah, I think there’s again a concerted effort here to, to steer the narrative in a different direction. You know, Reggie, Reggie patented basically defi.

And we, we, we say that just so that people understand kind of, or can relate to what he patented. But basically it’s a foundational patent that is devices, systems and methods that facilitate low trust and zero trust value transfer. That’s the title of his patent. And so we’re talking about all value transfer. And the idea here is to remove the middleman. Right. So the middleman that doesn’t add value. So this is banks. So trades or loans without banks, trades without exchanges and contracts without lawyers. This is a, a catchphrase that Reggie kind of coined. But yeah, it’s essentially moving.

Removing the middlemen that, that don’t add value. You know, they charge. It brings true freedom to people. Right. It. Because we could exchange money between ourselves, we don’t need a Middle person. We could. It actually goes far beyond that. We could. But hold on. We can negotiate contracts between each other without having to, because if something goes awry, all the money goes to the lawyers. We can do things between each other without this value stripping everything out of the original agreements that we have. Exactly. But it’s further to that. It’s more of a barter, digital barter system.

So in actuality, you don’t even need a currency, so you can actually trade apples to oranges. You know, you just need to agree on the value of those two. So really? Yeah, it removes the idea of even needing currency, really. Well, one of the arguments that is the pushback on the whole defi patent in the first place is that it’s too broad and it’s too. You can’t have a patent that’s so broad that defines the entire nature of how things are done. Do you think they’re just using that to remove that obstacle so they can make sure they insert themselves as a middleman? Yes.

And. And the argument of broad, you know, it is a broad patent, and I’m not an expert on patents, but. But it is actually pretty narrowly focused. You know, it’s. It’s basically. You know, there’s an argument here that people are saying you can’t patent Bitcoin, you can’t patent Ethereum. They’re open source. Reggie didn’t patent Bitcoin and he didn’t patent Ethereum. What he did is he’s created tools on top of the original Bitcoin protocol. And those tools are what’s been used in future upgrades of Bitcoin, such as Taproot or Ethereum upgrades. So he didn’t patent the original Bitcoin.

He created tools that have been inserted into these upgrades. So now, because it’s been inserted into these upgrades, other projects have essentially used this, you know, under the guise of open source. So it’s basically plugged into to. It’s baked in the cake, so to speak. Pretty much, it’s every single major crypto currency is using his patent by default simply because they’re, you know, forking or copying the code or using Ethereum and Bitcoin. A lot of people confuse Bitcoin as. As just a token, right? Or the, you know, people are betting on the money go up the token.

But really, Bitcoin is a technology, right? So there’s two. Two versions of it. I guess people are sold on Bitcoin as an asset, but it’s also a technology. And this is again where Reggie has built upon this technology. And not only did he patent it in 2014, he released a video with Matthew Bogazian. I’m sorry if I mispronounced your name, but he was also a co inventor of the patent of the technology. And they Basically, July of 2012, 2014, they introduced an Apple trade done on the Bitcoin protocol using a Bitcoin wallet. So this was back in 2014.

And I believe John McAfee years later even suggested it was impossible. But it was done. Reggie. Reggie did it in 2014. And it’s a video that’s still on YouTube and circulating today. Well, okay, so let’s take a step back. There are lawsuits against Circle and Coinbase, and it’s. It’s pretty broad. What are those lawsuits about and what do they mean? So Reggie sued coinbase first for $350 million, and then later he also sued Circle or USDC again for $350 million each. His lawyer passed away. So basically those cases were dismissed without prejudice. Lawyer pass. Hold on.

Did his lawyer pass away under mysterious circumstances or was it a legit situation? Yeah, it’s kind of. I believe it was cancer. It was sudden and unexpected. Okay. I think can’t say the details enough to comment on that, but it is pretty convenient timing if we were to. Okay, you know, to talk like that. But. But again, it was dismissed without pressure. Yeah, keep going. Yeah. So Reggie can refile these cases anytime he wants during this time. Actually, Coinbase essentially challenged Reggie’s patents. It’s called an IPR or Inter Parties Review Challenge. And this is done in the Patent Trials and Appeals Board of the uspto.

So Coinbase hired Perkins Coy, which is one of the top patent litigation firms. I believe they have like 500 patent lawyers. Pretty impressive. But yeah, basically they. They challenged the patent. I think it’s called the Patent reference Number, or the IPR reference number is IPR 2023 00751, if anybody wants to look that up. And essentially the USPTO said the case didn’t have merit. So basically they were trying to challenge prior art and invalidate Reggie’s patent. And I believe you did an episode on this. Yep. So basically the problem. Go ahead. Suggesting. Suggesting that 84% of patents are invalidated using this process.

Yes, that’s what they do. They take. What they do is they take the patents that are valuable and they steal them. The ones that aren’t valuable, they don’t care about and they ignore them. And the ones that are really valuable, a lot of those just Disappear from the system. It’s a really crappy environment, the patent system. So most entrepreneurs now just trademark things and keep do trade secrets. Almost everyone does now because it’s very expensive to defend or patent. And further to that, Reggie’s the only blockchain patent that’s ever survived an IPR challenge. That’s very interesting.

You know, I asked Reggie, I said well what do you really want out of this? Because at the end of the day the entire crypto space is based on your patents and the entire future of finance will be under underlay your patents. And you know, I’ve had, you know, Cliff High said the same thing and whether you, whatever you believe on all these people, I’ve had some, you know, future forecast. I mean people are seeing this as this is where it’s going. And, and I asked him, I said, well what do you, what do you want out of this? Because this is where regardless, because it’s such a foundational patent, this is what’s gonna, where it’s gonna go.

He goes, I just don’t want to be buried and ignored, pushed aside and destroyed. And, and I, why don’t they just pay me for it or give me some kind of benefit instead of destroying me? They haven’t approached me, they haven’t neg me. Their whole mode of operation always is to steal, destroy and take instead of negotiate and be act like rational human beings. And that seems fair, sure. But I think really Reggie’s invention threatens the, the corrupt system that we have today. Like it really does create a sound market where market manipulation is, you just wouldn’t be able to do it.

You wouldn’t be able to have market manipulation. In fact, just recently there was this link to LI n Q T O and they just went bankrupt. And that was a tokenization platform, I believe, and they took a lot of the user funds with them. And this is counterparty risk. So Reggie actually removes the counterparty risk because your funds actually never leave your wallet. So this, this is partly of what he’s invented. And, and further to that, you know, the industry itself, you know, preaches open source, but really open source doesn’t benefit you. And I. Open source only benefits the corporations that are using this technology and profiting from it commercially.

Well, open source can benefit because then you can see, the average person can see what kinds of games they’re playing and protect themselves from it. So there are some benefits to open source, but also private not having things open source at certain critical times is important too, but keep going. Sure. I mean, but but as of now, we still have high gas fees. We still have a third party that takes fees whenever you, you know, upload your crypto. If you, if you want to transact in crypto, you’re, you got a laundry list of fees that you got to go through to be able to go through the, the motions of, of transferring or trading your crypto.

Reggie, Reggie’s idea was removing all of that, you know, seamless, frictionless, peer to peer, low, low cost, you know, transfers. Well, my understanding is that there, according to Reggie, he says that there’s other patents that are coming aboard. You know, he’s the most cited. He was the most cited a few years ago, and now there’s a couple more that people whose patents have been cited about as much as him, but his are the most relevant. Is that true or are there other patents that have come on board that have been at the caliber of his? Well, again, I’m not a patent expert, but I have been exploring this because it’s very interesting to me.

His patent is foundational in a sense that it’s like a tree. So his patent is like the tree trunk, and everything above it, or built upon his patent are the branches. And each one of those branches, they spread even further. Right. So even if a patent here does have multiple citations, it still cites the original patent that is built upon, which is Reggie’s. Which is Reggie’s in this case. Yes. Yeah, I mean, he pretty much is the foundational for this entire area. It’s why the central bankers, it’s why all the financial people want to take, you know, to take it.

I, I think it’s too bad that they aren’t able to bring him to the table and actually treat him with some kind of respect versus just do a fire and burn kind of situation. And I realize that you’re, you’re saying they can’t. If they want to keep their mode of operation, they can’t. They physically cannot work with him because his stuff means that we free humanity from a decentralized standpoint. And they, they, they can’t. I mean, it’s not in their makeup. This is, this is Reggie’s vision, as far as I understand it, is that he does want to actually free humanity by offering what he’s built.

He’s not necessarily trying to profit on it in a sense, but all these companies are profiting on his technology. So he’s just merely asking for a proper licensing of his technology, which is a standard practice in every other industry, like cell phones, for instance. You know, there’s thousands of patents in one cell phone and everybody’s essentially getting, getting paid for each one of those licenses. It’s a, it’s a cost of doing business. Well, there’s also, you know, there’s also other big developments around the world where this people have to sit down and just kind of absorb this.

But there is enough gold in the world and there’s certain stashes of it where they could pay off the entire debt of every country in the world. And by doing so, it would unleash kind of humanity and the crate. We could really go into a new era. But it would take again, it would take them stepping aside and saying, I no longer need to control the world. And I mean, so this is at a whole nother level. But these people are risking their lives and everything. They have to try to put this stuff forward. Sure. And you actually nailed it there.

I mean, gold and silver, as we understand it could actually take down the banks. Right. Because there’s so much manipulation behind those markets that yeah, it could take down the banks, but the problem is what happens after. Well, it doesn’t even, it doesn’t even need to take down the banks. Like the, the stash in the Philippines, for example. They have no intention of taking down the banks. They want the banks to facilitate the ongoing. People need places to store their. They need some tools. Right. Could be a crypto system. Right. And that would be the way they store it.

But it would allow the world to. Because they don’t want to destroy the world. They want to help the world. They want to uplift everybody and paying off the debt of every country in the world and moving forward. You know, it used to be every 50 years the, the empires used to pay off, wipe everybody’s debt clean and move on because it would be too burdensome and you couldn’t accomplish. So that’s what we need. But there’s this huge hold back because they’re going to, they feel they’re going to lose their power. And I mean, at some point maybe you do lose your power, but you free humanity, you know, it’s like you’re only going to be alive for another 30 years.

Humanity is going to be around for another, I don’t know, a long time, let’s hope, get out of the way. But they’re, they, they can’t do it. And that’s what one of the things Reggie’s trying to do or. And some of these other crypto entrepreneurs as well, you have been. Go ahead. I was going to say now, Reggie doesn’t necessarily want to destroy the banks. That’s not his intention. What. His intention from my understanding, because I can’t. I don’t think he does either, because it’s not. Yeah. What he’s. What he’s trying to do is create a better way to, to, to transact and, and his sis.

And his invention, basically a. It’s a paradigm shift. Right. So it’s a, it’s technology that improves the, the facilitation of trade. So it’s, it’s basically forcing banks to offer better services, really. At a better cost. Yeah, because they don’t. They don’t. They don’t innovate and they’re really struggling. And even like online payments, you can pay that immediately. But at banks and stuff, they don’t. It’s so bad. Some of the banks are really struggling to keep up. Right. And everybody’s probably experiencing it, going, God, why would I use you when I can do this in minutes? And you are just holding me back? So banks are really struggling right now.

And as you said, it is all still digital. Right. So the entire system version, their digital version has a huge cost to it. So if we were to transact between each other with a wire transfer, you know, that again, is going to take days and it’s going to cost quite a bit of money to do that. But, you know, we can use this technology and do it in seconds at a very low cost. Yeah. And that’s what they’re struggling. That’s why banks are. That’s why we’re seeing so much turmoil and irrational behaviors, because the paradigm shifts and the new technologies that are coming out are.

Puts. Puts them at a major disadvantage. Okay, let’s talk about the gag orders and the lawsuits and the fact that people don’t understand what’s going on because of the gag orders that have been put in place. And so nobody’s talking about it because of the gag orders. And so the general public is very ignorant to what’s actually happening. But you have been diving into it. What’s really behind this and what they’re not allowed to talk about. Can you share some of that? Sure. So essentially what happened is, you know, Reggie was. Was furthering his invention. He created a platform called the Vader.

And again, there’s some misconception in what the very token is. It was basically a license key, very similar to Office365. You know, you buy a subscription every year and it allows you access to their products and services. And that’s essentially what he built. And he was attacked by the SEC claiming that this token was a security. So they forced their jurisdiction upon him. And crypto as a whole, in fact. Well, they did it on XRP too. Sure. They did it on xrp, Dragon chain, a few other crypto projects. And, and essentially what happened was, you know, they again, going back to the Debt Box case, Debt box was sanctioned $1.8 million for lying to the court to issue a temporary, temporary restraining order which, which they were trying to freeze Debt Box’s assets.

They did the very same thing to Reggie. So they fabricated evidence which we have now or, or Reggie’s now lawyer Jason Siebert or Franklin, Jason Siebert has caught them red handed lying on a TRO transcript, a court transcript suggesting that Reggie’s Kraken account was personal and he was dissipating assets through that account when in fact it’s been proven to be a corporate account. So they used that lie to freeze Reggie’s assets and basically took away his ability to defend himself. So he was forced into this consent judgment where he neither admitted or denied the allegations against him.

But like you said, he had a gag order put upon him. So he’s not allowed to talk about the case and not allowed to talk about his innocence, not allowed to talk about anything related to it. So years later, I think we’re about five and a half years later now, or six years later, he’s issued what’s called a motion to vacate and this is alleging fraught upon the court by the sec. And this is going to basically vacate or throw out that consent judgment. So he’s challenging it, basically suing the sec. So the SEC has given a reply and their reply to that motion to vacate was basically saying, you know, it doesn’t matter if we’ve lied to the court or fabricated evidence.

The fact that you agreed to this consent judgment basically makes any of the fraud that we’ve done irrelevant. Is that true? Are they saying, what is his attorney saying? And what do you think is going to happen with that? Because I mean, it’s like we can do whatever we want because we are the sec. And so we can lie, steal and cheat and screw you because we have so much more power than you do. I mean that’s essentially what it seems like they’re saying. And we are, we are the big guerrilla in Rome. We are all these lawyers, we are IT man, you are peons.

And that’s how we’re all treated in this country anyways. But so what is the deal here? Very True. Well, basically, Reggie’s lawyer again pushed back with a reply to that, to the SEC’s opposition to it basically calling them out exactly like you just said. So you’re suggesting that it’s okay to, to, you know, create fraud upon the court, lie to a federal judge, to issue a temporary restraining order to freeze assets based on fabricated evidence. That’s okay to you as long as the, the defendant basically is forced to agree to those terms? Yeah. And because he had no funds to, to challenge it, you know, he was basically for, you’re either going bankrupt or you, you consent to this judgment.

That’s basically the position he was in. And what, what it’s just the arrogance and the elitism and the superiority is so off the charts that this, that’s the essence of why we’re in the situation that we are in, is that pure arrogance of, of Eve. You know, evil’s an overused word. But just when you behave in such a gross way and you think that you have the right to do that because you are who you are. That’s why we’re in the situation we are in everywhere. It’s the essence of it almost like perfectly encapsulates why we’re in the situation we’re in from all sorts of perspectives.

So what do you think is going to happen? I mean, they’re fighting that. And what will happen? Quick break from the program to share with you something amazing. This is called sloop. It’s actually Slupp 332, but it’s been shortened to Sloop. And this thing mimics exercise. It seems too good to be true. I first shared this on my sub stack and I had Dr. Diane Kayser and we went through all the benefits of this and the whole thing sold out. You can’t get it anywhere really across the industry. And the people who are using it the most are athletes and bodybuilders and people who want to see extra performance in athletics.

Because this, in pre clinical studies with mice increased their endurance by 70% and their distance by. By 45%. I mean, it’s incredible. And it’s been shown to mimic exercise even when you’re at rest. In pre clinical studies with obese mice, they lost upwards of 12% of their body weight in four weeks and it increased muscle. So this is really taking the industry by storm. It’s actually not that expensive either. With my 10% coupon, it’s about $80 for maybe a two month supply. If you take one capsule a day, if you decide to up it to two capsules, A day because your dosage depends on what you want.

Then it’s a one month supply. But Dr. Diane recommends doing one capsule a day until your body gets used to it. You might not see the same level of results right away that the mice did, but your body can get used to it and see if it’s something that you really want to do. If you are interested in this, I will have a link below so you can try it yourself or go to sarahwestall.com under shop. Remember to use the code Sarah to save 10%. So right now it’s before a judge. Judge William F. Kunz II, Reggie’s counsel just issued that reply on the 27th of June.

So it’s very fresh and basically we’re waiting for the judge now to rule on whether he would like to proceed with an evidentiary hearing and look at all the evidence that is being provided to him. Dismiss or, or throw out the case based on the motion to vacate, like basically approving it or denying it. So this is, we’re waiting for the judge now to reply and see how he wants to proceed. But keep in mind this judge was lied to as well and this fraud happened in his court. So you would have to think that he would be pretty, I hope so.

He has some self respect and says no, you aren’t going to do this to me. But at the end of the day we have to have a little bit of not be so naive and realize he’s going to be under a lot of pressure as well. And I mean I watched we, we, a group of us sued Google and we know, I know based on the, the way the court case came out, no judge signed it. It was like nobody signed it. And, but the, the, the thing came back without a signature from any judge in the 9th Circuit.

It was like they all wrote it and no one wrote it. It was so weird. So you know that there was incredible pressure put on the judges to do whatever the intelligence agencies and the power structure wants them to do and that overrid what was proper and right and they just went and so that could happen here. We can’t be naive and the judge might be railroaded. You’re right. We, I mean a few of us in the DAO have looked at the background of Judge William F. Kuntz II and he does seem like a pretty respectable guy.

But, but you are right, you know there, the judicial system is definitely corrupted and it’s been shown time and time again that it is, you know there is, we still have an appeal. Should this you know, not go our way. I say our way because it’s the people very. DAO has also issued what’s called an amicus brief. And that is basically a brief representing all the token holders that will. That were also harmed by the SEC’s actions. So the SEC was meant or was built to protect the retail investor, but they’ve turned around and actually harmed, just like an XRP’s case, they’ve harmed the retail investor.

And they’re basically going against their mantra. And do they think that. Well, they’re. They’re doing it for the power brokers. Right. And so they’re really there to. This is how it always works. They’re really there to protect them. And in their warped way, if we’re protected, it protects all of you because we are the ones that should be running everything. And if we are still in place running, I mean, this is how, how a narcissist thinks. If we are in place running everything, then you will be protected. There’s actually really believe they think that way. Yeah.

There’s actually an interesting quote from Reggie. He did an interview on BBC shortly after he called the collapse of Bear Stearns and Lehman Brothers. So Reggie is actually credited for calling the collapse of those two banks along with many other calls that he’s done in the past. But while he was on BBC talking about this collapse, he basically was calling out the regulators as being captured by the very people they’re supposed to regulate regulatory capture, which is pretty funny now that was in 2008, 2009. So now we’re, you know, well over 10, 15 years later. And now he’s experiencing that regular regulatory capture firsthand.

That’s right. Right. Well, I do believe that there needs to be some negotiations and there needs to be a freeing of the patent for the whole world to use, but it needs to be done in a way that’s respectful and of the original intent of what was, you know, the patent holder and what he was intending to do. And so that there needs to be some negotiations and he should benefit from it, but yet it still needs to be freed up for the world. Sure. There’s actually another interesting tie in here because Reggie used to be a financial analyst before, you know, he jumped into blockchain and he’s had a lot of pretty major calls.

And you can tell again, my personal opinion, his disgust with how the markets and, and the way banks basically treated. Treated people. And he did a documentary, he was in a documentary called Occupy and this was during the Occupy Wall street movement and in that documentary, it basically is showing Jamie Dimon, CEO of JP Morgan, as also being on the Board of Directors of the New York Federal Reserve. Yeah. Which is a huge conflict of interest. And we see another tie in here with Tesla, J.P. morgan. And of course, J.P. morgan is, you know, arms deep in the crypto.

Crypto space now, along with everybody else. BlackRock and everybody else. Yeah. Well, they know what’s the future of finance. They know this is where it’s all going. And, and to be fair, everything is already digitized and they need a safer, faster, cheaper way of doing it. Right, exactly. That’s what’s going to happen. I like the fact that blockchain is just a distributed linked list. It’s really a simple data structure. Right. And that. And people are starting to, you know, instead of blockchain being this, like, you know, wow, blockchain. The blockchain, it’s just a linked list that’s distributed.

It’s simple data structure, and they’re moving to other data structures that are better and faster and hopefully we’ll get out of this language of blockchain being some kind of thing. And it’s just. It’s just a digital. A more protected digital marketplace. It’s. It’s essentially going to be the rails that nobody’s going to even think about anymore. You know, as Reggie said it again, it’s like the Internet. You don’t really talk about the original Internet companies. You just. You just use the Internet. You just use it. Yeah. Because I was part of the original, you know, building the Internet.

Nobody knows that. Nobody cares. And they shouldn’t. Right. You should. I mean, it’s like, other than giving us insight, it’s really not. It. It’s moving on. But same with blockchain. Blockchain is just a simple data structure and they’re creating new and better ones. And block of toll terminology should go away. Sure. Actually, we’re. We’re at an interesting time right now because as we look back at what Reggie’s created, you know, he was 10 years ahead of everybody back then. Yeah. But he’s still 10 years ahead of everybody. You know, like we’ve. In different ways. Sure. But I know you’ve noticed the, the silver smart metal rounds that the very DAO has released.

Yeah, I bought one. I bought. Yeah, I bought. Yeah, yeah, I invested. People should invest. It’s just for. Even for future and to help his lawsuit. But go ahead. Sure. Yeah. The funds. Yeah. So this is a very DAO initiative where the funds are being donated to Reggie for His legal defense fund, the very dao is not taking a penny out of this is a pure voluntary effort. It’s pretty amazing actually on how, how successful it’s become. But essentially it’s a silver round with, with two barcodes on either side and it’s, it activates an NFT which grants you or will, it’s a work in progress, will grant you access to a potential AI agent which again could facilitate all these trades for you.

In fact, it could actually do your daily budget for you where it can pay your bills, pay your credit card. It could do whatever you program it to do do. It’s going to be fascinating. So do you think some of the new ones, the original holders will. They’ll be more valuable? Do you think some of these will be have. You’re talking about the coins? Yeah, absolutely. I mean I think this can be on its own, it can be a collector item piece that it can be sold later on for, for future profit if you are a collector that’s looking to do something like that.

But it actually activates an NFT which in my mind will have much higher, greater value because it’ll have a use case and like I said, it’ll have access to be able to again trade peer to peer and, and actually use an AI agent to your advantage. You’ll be able to program your own agent to like I said, essentially do anything that, that your mind can dream up. Yeah, it’s pretty incredible. So where do you think it’s, where do you think things are going to go from here? Where do you see? I know you’re following this very closely.

Do you think he’ll be freed up up to see. I just want to unleash so many of these creators. There’s a lot of people not in just this field, but other fields who have been suppressed and held back. So many of these creators need to be in entrepreneurs and inventors need to be unleashed so that we can it just. Humanity needs to be unleashed and these people are just being suppressed. Do you think he’ll be unleashed? Leave him alone. I do and I think it’ll actually benefit the U.S. you know, you know, Donald Trump has talked about how he wants to be the, the capital of the crypto world or, or whatever words he used.

Well, Reggie is a key component in that and he is a U S citizen, so his patents, his U S patents are a direct gateway to creating that, that wealth and that prominence for the U.S. you know, like, I know when they do like the big crypto conferences and stuff, they Ignore him and they’ll ignore some other big people, but they ignore him and it’s just like, wow, is there a glaring. Well, they have the ear. They have the year of his competition. Right. So his competition are advising the administration right now. So obviously competition. I mean, bottom line, we’re going back to Coinbase.

We’re, you know, Coinbase is holding all the ETFs for Bitcoin and Ethereum, a majority of them. And that’s BlackRock, you know, that’s, that’s multi billion dollars. But Coinbase is using Reggie’s patents. Yes. Okay, so. And they have a bigger company, they have more power because they have more power in a bigger company. All people care about these days is power. They don’t care about what’s right, they just care about power. They don’t care they can walk over anybody. But at the end of the day, they’re using intellectual property that’s not theirs and so they need to rectify that.

But so they’re ignoring the original people and the original entrepreneurs, which is kind of the story. That’s why I did that interview about the patent holders. 84% of patents are stolen. So. But they’re ignoring the true innovators and. Yeah, and stifling creativity, innovation. Exactly. To further the discussion about the smart metals, we’ve actually the very DAO has released what we’re calling the Declaration of Financial Independence. So it’s actually a document that is now online. You can see it at Very DAO IO V E R I D A O IO and if you look, I believe it’s under the donate page or declaration page tab.

You can read this document. And it was released on July 4, 2025 and oddly enough, 250 year anniversary is next year. So this essentially is going to be a way that we can get people involved and participate. And should you want to actually come and join us in signing this document again, it’s a work in progress, it’s not quite there yet, but we’re going to be there. You can actually, you know, donate a small $17.76 I believe is the idea here. And you can actually sign this document and become a signer of the Declaration of Financial Independence.

Interesting. I encourage everyone to go read it. It’s pretty inspiring. Yeah, I just would like these everybody to come to the table and knock it off and figure out a way to compensate people for their work and unleash people. I understand the, the power brokers want to maintain power. They feel that if they don’t maintain power Then society won’t function. I mean, I honestly think that’s what they think. And so they’re afraid to unleash power. And so I don’t know if that’ll come easily. I think you’re going to have to do parallel systems and it has to just grow in parallel.

That’s just how it works. Until people trust it. People, they’re not going to trust it. But at the same time they don’t have to behave this way. They can behave as civilized human beings. Well, like you said, they have their power to protect. Right. And, and you’re right, it’s not just going to go away. You know, this is, this is something that’s, you know, we need to create our parallel platform or way to, to trade basically. Because this is what it’s coming down to is our ability to trade peer to peer. And you know, the banks aren’t going to easily let us do that.

And they’re not going to go away. They’re going to be here for 10, 15 years. I know people are talking about how, you know, fiat is going to collapse, the dollar’s dying, the, the buying powers is, you know, is basically gone. But now that they’ve introduced all these stable coins, which in my mind is arguably just a CBDC with a different name. It is. And I think that’s where they’re going to come out of is it’s not going to be, it’s. They’re going to do a CBDC in a way that people don’t understand so they can still get it out, out to out.

Yeah, period. End of story. That’s why if you really are against cbdc, you better stop looking for legislation that has the word CBDC in it because that’s not how it’s going to come out. But anyways, keep going. Well, I mean it just, this is the fight, you know, like we’re at a, we’re at a point in history now where we’re actually going to, we have the choice to accept a CBDC or accept another option and build it for ourselves. And this, this, you asked how this could benefit the everyday person. This is exactly it. You know, we, I remember getting into crypto back in.

I was late to the game, but 2017, 2018, the whole mantra was be your own bank that’s destroyed. Like that. That is not the way it is right now. Now it’s store of value. And so yeah, basically this whole war of decentralized and centralized systems, you know, this is where we’re at. It’s a War against the cbdc. Well, we’re always going to have a need for a bank and people to help you financially because people aren’t very financially astute. We’re going to need loans unless you come up with another way. You’re going to have people need to borrow money to grow and people have.

And, and ways to pool money to grow. I mean, you’re always going to have that interest as well. You know, like you know people. Yeah, well, this. Because you have to benefit for borrowing money to somebody else. If you’ve worked really hard to build they have an idea and you. That you have to be compensated in some way for helping others with all of your goodwill and hard work and labor for years. Exactly. And this again leads to Reggie’s idea, which has been termed or coin staking now. But his idea was allowing an me to lend to you and I can dictate on.

On what that interest value could be. And I can now compete with a bank. Whereas a bank will charge you 10% and I would charge you 1%. And it creates competition. Yeah, it creates competition. You could always do that. You can still do a. Private loans and everything else, but this just facilitates that process. Sure, Exactly. Streamlines. Yeah. Well, I. It is interesting and it’s something people need to be looking out for because this is really happening, people. This is, this is something that’s going to affect every single one of us and it’s all being ignored.

It is incredible. And we didn’t really get to get into the gag orders as much. I want to touch on that before we go again, how the gag orders is keeping this information out to the people. And, and so then nobody’s talking about it. It. Well, it’s essentially the gag orders are being placed specifically on the securities and Exchange Commission’s consent judgments. So basically when somebody, even Elon Musk, right. He. He agreed to basically taking the fine. XRP did the same thing recently. They agreed to the fine and essentially they’re doing the same thing. But they have.

I don’t know if they have a gag order on it because Non disclosure. Exactly. It’s very similar to that. Yes. Hester Pierce has come out and wrote an article on the gag order and actually having it removed because. Doesn’t instill confidence. You know, if, if, if the SEC is confidence in their stance, they should be allowed to talk about it. Right. But this gag order prevents people from talking about it. So I mean, there is a new administration. I’d like to think that they are moving in a positive direction. I Guess time will tell. But, yeah, I guess.

I guess that’s where I’m at with that. You know, there is. There is an effort to remove this gag order. Whether it’ll happen or not, you know, remains to be seen, I guess. Well, thank you so much, Chad, for coming to the program. I think you really helped people understand more what’s going on. Where can they follow you and this whole lawsuit? Because I know you have been putting out, not just you, a group of people. Reggie has like a fan club. And he’s like. So he’s like, they’re not my fan club. They’re just my friends.

I’m not going on every fan club. But. But the reason you are is because he has done something so meaningful and he is in the middle of all these gag orders, so people don’t realize. Him and a few others XRP was. They’re in the middle of this. What. Where can people go to follow what’s really happening in the developments in this area? Sure. Well, you can follow me @ sovereign riz and that’s the. The same handle on YouTube and X primarily is where you can find me. You can also follow TheVeryDao IO. There’s a lot of information on that website, again, that’s V E R I D A O IO and there is a huge.

There is a good group of us. I don’t want to say huge, but there’s, you know, 20 of us that are, you know, pooling our efforts specifically focused on the SEC case against Reggie right now. You know, we found a lot of evidence to help. Help his emotion to vacate. Jason Siebert, to be fair, has really hit out of the park. He’s found some additional new evidence which, you know, caught them red handed. You know, there’s just no question about it at this point. It’s. It’s their admission in court documents. You can’t argue that. But. But yeah, you could follow me there at Sovereign Riz or Very Dao IO would be probably the best places.

Well, thank you so much for joining the program. I really appreciate it. Thank you. I appreciate you having me.
[tr:tra].

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