decisions are coming down and that's the significance of this case against cabbage stack and patrick mcdonnell it was an actual court saying that crypto currencies are a commodity and that the f.c.c. that they see if d.c. has the authority to bring these kind of anti-fraud actions against such allegedly bad actors and you know better than i is as as an attorney i mean once you set this case law that actually gives the regulators some more comfort in what they do and i think right now they're probably a little skittish and in that regard gary you know the conflicts big. in the sea if the sea and the s.e.c. the trees or commission are sort of known for those of us who worked at one of these places but how are they getting along in the crypto area i think there's a lot i mean at least from what i can read in the newspapers and most of my colleagues at both agencies tell me there's a lot of cooperation that being said i think there was a little surprise in many corners last week when the securities exchange commission declined to approve two exchanges exchange traded products of eight nine exchang