THE CZAR OF CRYPTOCURENCY IS NOW AVAILABLE!: BUT BE CAREFUL!

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So I launched a cryptocurrency on Friday.

Czar Gold! The Czar of Crypto!

Fun right?

Folks are always talking about the amazing Troutman Amin, LLP brand and how they’d love to buy stock in it.

Now as a law firm we cannot take on investors and it is illegal to partner with non-lawyers so there is really on way to do that exactly.  Of course you can FEEL like you’re part of us by following our YouTube material and attending our shows, subscribing to our magazine, etc.

But I figured if I launched a crypto coin folks could feel like they had a little stake in the Czar’s various exploits in a symbolic fashion.

Enter “Czar Gold” ($CZAR) a solana-backed meme coin.

The concept here is that folks could buy some of these– when I launched it you could buy like 1,000 for a penny!–and feel like you had some skin the game with Troutman Amin, LLP and ride along with us.

Fun right?

But like everything the Czar touches Czar Gold turned to… well… gold.

You’ve heard of overnight crypto millionaires? Well I became a crypto millionaire on Friday without even going to bed. Hahaha.

My little $2k initial stake was worth over $1MM by the time Friday ended and at some point last night was worth over $2MM.

Nuts.

It got so nuts, in fact, that I got a bit worried people who were hearing about the coin in TCPAWorld would get themselves hurt speculating on it so I did a warning video last night to make sure people understood this was just for fun and not something they should sink real money into.

And, as expected, a few hours later Czar Gold, indeed, dropped a ton.

Poor Czar Gold!

But I am actually extremely glad it happened.

First, this gives folks an opportunity to buy it while it is cheap again instead at really high prices.

Second, its a REALLY good warning not to get carried away buying this thing. Its a meme coin. It is for FUN. (And it really is fun.) As someone told me yesterday: “The launch of your CZAR token is more exciting than this Super Bowl!” But it is not for investment purposes.

Third, I think a lot of randos had bought the coin–some kids were making memes about it– and I am glad to get them out of the way so the real TCPAWorld folks can buy a little.

As of now the token is up like 25,000% from launch–WOW!– although it did go down like 60% overnight. 🙁

So my run as a fake crypto-millionaire only lasted a couple of days. hahaha.

Now I am only a fake crypto-half-millionaire.

All right, one last thing– yes I will talk about this once in a while, maybe once a week or so, but Czar Coin is NOT my hobby or a distraction. Was just something I did for a laugh and to further engage and entertain my faithful TCPAWorld audience.

Speaking of which– back to TCPA.

Love you folks.

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Published by Eric "Czar" Troutman

The Czar of TCPAWorld Eric Troutman is one of the country’s prominent class action defense lawyers and is nationally recognized in Telephone Consumer Protection Act (TCPA) litigation and compliance. He has served as lead defense counsel in more than 70 national TCPA class actions and has litigated nearly a thousand individual TCPA cases in his role as national strategic litigation counsel for major banks and finance companies. He also helps industry participants build TCPA-compliant processes, policies, and systems. Eric has built a national litigation practice based upon deep experience, rigorous analysis and extraordinary responsiveness. Eric and his team feel equally at home litigating multibillion dollar telecommunications class actions in federal court as they do developing and executing national litigation strategies for institutions facing an onslaught of individual TCPA matters. They thrive in each of these roles – delivering consistently excellent results – while never losing sight of the client experience. While many firms now tout TCPA expertise, Eric has been there from the beginning. He built one of the country’s first TCPA-only defense teams and began serving as national TCPA counsel for his clients nearly a decade ago. This perspective allows him to swiftly develop the right litigation strategies for dealing with recurring problems, without wasting time on tactics that are bound to fail. Eric’s rich historical perspective and encyclopedic knowledge of the TCPA landscape also make him an invaluable resource to institutional compliance teams struggling to comply with the shifting regulatory landscape. No task is too small – or too big. Indeed, Eric and his team have helped build TCPA-compliant systems and processes for some of the largest and most complex corporate entities in the country. He commonly works with in-house compliance counsel to build and implement enterprise and business-line specific TCPA solutions, performs TCPA audits and drafts and reviews proposed TCPA policies and procedures. He and his team also have the technical expertise necessary to assist call centers seeking to develop TCPA-resistant call path architecture or to modify existing telephony and software integration to better insulate from potential TCPA exposure. Eric has built a reputation for thought leadership. An avid blogger and speaker, he has been at the forefront of the industry’s effort to push for clarity and a return to sanity for the TCPA for years. He was selected to advocate for the financial services industry on important TCPA issues before the Federal Communications Commission and co-authored the nation’s only comprehensive practice guide on TCPA defense. In his spare time, Eric leads defense teams representing banks and other financial services companies in consumer finance litigation matters. He has experience representing clients in UCC, TILA, RESPA FCRA, CCRA, CLRA, FDCPA, RFDCPA and FCCPA claims, as well as in fraud and bank operations issues.

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