Hello, fellow rebel capitals, hope you're well.

So huge news, if you haven't heard SBF arrested in the Bahamas and Binance,

the largest crypto exchange, more red flags guys, we talked about this yesterday and today they are

suspending withdrawals and not completely but for a certain subsection of the assets that are held at their at their

exchange so we'll get to that just a moment but first let's get into the

CNBC article that is following kind of live updates as to what is happening with

SBF and the arrest.

So House Financial Services Committee is holding a hearing Tuesday morning.

That would be today.

On the collapse of the crypto exchange, FDX following the Monday night arrest of the founder,

I guess they were pretty serious about him testifying.

That gal on Twitter made it seem like it was his option. Who is that Maxine Waters I think

is her name? The Justice Department and by Hamian authorities said

SBF, who was previously scheduled to testify before the panel, was arrested

based on an sealed indictment in the US,

that US Attorney's Office for the Southern District of N.

So maybe a New York plan to publicly release Tuesday.

I, you know, I don't know how these types of things work, but, so I know that they don't have to arrest him in order for him to appear at this House Financial Services

Committee. So I don't know why they chose to arrest him last night. Maybe it was just to make sure that you want? I don't know why they chose to arrest him last night.

Maybe it was just to make sure that he went.

I don't know.

Let me keep reading here.

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