The Nexus Between Local Mortgages and International Law: A Real-World Global Public Risk
An Open Letter to the Public, to Regulators, to the Insurance Industry, and to the Hosting and Infrastructure Providers of the Internet
TFID™: MQCCBIT™: BITMORTGAGE®™ + CAVEAT INSURER™ + CRYPTOTHELIOMA™ + BITCOINTHELIOMA™ + BLOCKCHAINTHELIOMA™ + INTRUSTNET™ + HHAIPROMPT™ + ZERO ONE® + TFID™ + {www.mqcc.org} + {PL-2026-05-06-001} + {2026-05-06:14:30:00 MST} - TLT™ : OMED™
Author: Anoop K. Bungay
Original Authoring Agent: CCPU™-001^RSA™003/001.001
Editor: Anoop K. Bungay (final review and authority)
On Behalf Of: MQCC® Bungay International (BII™), The S.A.I.F.E.R.™ Federation
Under the Authority of: SIGIL SOURCE™ (Anoop Kumar Bungay), Founder, MQCC® BII™
Date: May 6, 2026
Edited Date: May 6, 2026
Status: Scientific Communication Documentation / Public Interest Disclosure / Consumer-Protection Foreshadowing Notice (Caveat Insurer™ Lineage)
1. Why this letter, and why now: May 2026
1.1 The mortgage you sign in your local jurisdiction is, increasingly, an international financial instrument. When that mortgage is collateralized by a globally-traded, volatile reserve asset; when it is originated by an algorithm rather than by a regulated human professional; when it is marketed across borders to non-resident foreign-national buyers; and when it is wrapped in branded references to "blockchain" or "bitcoin" or "crypto," it crosses — silently, and often without consumer awareness — into the simultaneous reach of trademark law, financial-conduct regulation, anti-money-laundering law, consumer-protection law, and international treaty obligation.
1.2 Each of those regulatory perimeters carries its own protections for the consumer. But each of those protections depends, structurally, on the parties operating across them using authentic, conforming, regulatory-grade source-identifiers — that is, registered trademarks under the stewardship of a documented, accountable, regulated owner.
1.3 When the source-identifiers are misappropriated — when a mark that legitimately denotes a specific conformity-science framework is used by an entity outside that framework — every protection downstream is structurally weakened. The consumer can no longer reliably distinguish what is regulated from what is not. The regulator can no longer rely on the mark as a source-identification signal. The insurer can no longer underwrite the underlying risk on the basis of the brand's known conformity profile. The systemic-risk apparatus that protects the broader economy from cascading failure begins to lose its grip.
1.4 This is the public risk this letter addresses. It is not hypothetical; it is operational, and it is converging across the world's mortgage-finance corridors at the precise moment in which the volatility of the underlying reserve assets has materially elevated the cascading-liquidation risk profile.
2. The convergence: local mortgage origination + global digital-asset infrastructure
Three structural features of the present moment make the nexus between local mortgages and international law a public-risk question rather than a private-commercial one.
2.1 Bitcoin-collateralized mortgage products are proliferating across jurisdictions. Operators in multiple corridors (United States, United Arab Emirates, the Cayman Islands, Singapore, the European Union under MiCA) are now publicly marketing mortgage products in which the borrower's collateral is denominated in a volatile virtual asset, typically at loan-to-value ratios near 50%. Where these products are scaled — and several operators publicly project loan books in the multi-billion-dollar / multi-billion-dirham range over five-year horizons — the architecture begins to closely resemble the cascading-foreclosure dynamic that defined the 2007–2009 global mortgage-finance crisis, with the additional risk vector that the reserve asset (Bitcoin) is meaningfully more volatile than residential real estate alone.
2.2 Algorithmic origination is being marketed as a substitute for human regulatory compliance. Public marketing language from multiple operators in the category includes phrases such as "originate loans via code, not people," "eliminate risk and compliance burden," and substitution of cryptographic "mathematical proofs" for conventional reps-and-warrants-based compliance with the U.S. Ability-to-Repay / Qualified Mortgage Rule (12 C.F.R. § 1026.43), Fair Lending obligations, ECOA, HMDA, and analogous Canadian and UAE regulatory regimes. The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Pub. L. 111-203) was enacted precisely to prevent the recurrence of the kind of opacity that algorithmic origination, marketed in this language, threatens to reintroduce.
2.3 Cross-border foreign-national buyer corridors are being targeted explicitly. Public marketing materials in the category frequently cite the percentage of high-value real estate in cross-border markets (Dubai, Miami, Vancouver, London) owned by foreign nationals as the addressable market for Bitcoin-collateralized mortgage finance. This is precisely the corridor pattern most directly engaged by the Financial Action Task Force (FATF) Recommendations on virtual assets (Recommendation 15), the Travel Rule (Recommendation 16), the real-estate sector (Recommendation 22), and beneficial-ownership transparency (Recommendation 24). The United Arab Emirates was, as recently as February 2024, removed from the FATF "increased monitoring" / "grey" list, and remains under enhanced post-list monitoring with documented residual risk in real-estate, gold, and cross-border virtual-asset corridors.
2.4 The convergence of these three features — proliferating BTC-collateralized mortgage products, algorithmic origination marketed as compliance-substitution, and explicit cross-border foreign-national targeting — is what transforms what would otherwise be a series of local mortgage-licensing matters into a global public-risk question.
3. The category-of-harm: a vocabulary for what is happening
3.1 In July 2023, in the published textbook Caveat Insurer™: 2023 Disclosure of Danger of Risk of Cryptothelioma, Bitcointhelioma, Blockchainthelioma (Kindle Edition, July 29, 2023), and in the corresponding Collins Dictionary new-word submissions of July 30, 2023, the present author coined three terms — modeled etymologically on mesothelioma, the morbid-growth result of exposure to a non-conforming agent — to give the global insurance, regulatory, and consumer-protection communities a precise vocabulary for the category of harm now operationalizing across the world's mortgage-finance corridors.
3.2 cryptothelioma (Collins Submission 26483) — economic or non-economic loss caused by a non-conforming or non-standardized privacy algorithm. Verifiable at https://www.collinsdictionary.com/submission/26483/cryptothelioma.
3.3 bitcointhelioma (Collins Submission 26484) — economic or non-economic loss caused by a non-conforming or non-standardized utility algorithm. Verifiable at https://www.collinsdictionary.com/submission/26484/bitcointhelioma.
3.4 blockchainthelioma (Collins Submission 26485) — economic or non-economic loss caused by a non-conforming or non-standardized conformity algorithm. Verifiable at https://www.collinsdictionary.com/submission/26485/blockchainthelioma.
3.5 Each term is publicly indexed and held under active lexicographic monitoring by Collins for evidence of usage. Each definition is publicly verifiable. The vocabulary exists not to alarm but to enable — to give consumers, regulators, insurers, hosting providers, and journalists a precise term of art with which to identify, categorize, and respond to the specific risk vector this letter addresses.
3.6 The choice of the -thelioma suffix is deliberate. It invokes, by direct analogy, the long-tail tort precedents of (a) asbestos / mesothelioma, (b) lead-paint poisoning, and (c) the tobacco / smoking torts. Each of those was a category in which products were widely promoted, traded, and even regulated despite contemporaneous evidence of harm. In each, insurers, manufacturers, intermediaries, advertisers, distributors, and corporate facilitators ultimately carried decades of subsequent litigation liability — including, in the asbestos category, the insolvencies of multiple primary insurers and the establishment of statutory trusts to discharge claims that continued to arise long after the original products had been withdrawn. The vocabulary of -thelioma is the author's effort to ensure that the present category does not require a comparable decades-long delay between the foreseeable harm and the public response.
4. The structural mismatch at the heart of the problem
4.1 Beyond the volatility and the algorithmic-substitution concerns, there is a deeper structural mismatch in the present generation of cross-border, BTC-collateralized, brand-misappropriated mortgage products: the mismatch between public promotion and private utility.
4.2 The peer-to-peer / private-lending utility function — the function that gives this product category its name — is, by design and by definition, non-public and bilateral in valuation. A peer-to-peer mortgage is, in its purest form, a private contract between two parties whose terms reflect their bilateral assessment of risk and value, rather than a public price discovered by a pool of competing market participants.
4.3 But these products are being publicly promoted. They are marketed through websites, pitch decks, social channels, and sometimes regulator pre-application materials. The public-promotion / private-utility mismatch creates a documented consumer-protection risk vector that has not yet been resolved in modern financial-conduct regulation: a consumer encountering the public promotion has no reliable basis for evaluating the private bilateral utility of the underlying instrument, because that utility — by design — has no public price-discovery process.
4.4 This mismatch is materially aggravated where the operator misappropriates a registered, well-known, prior-disclosed family of marks denoting the conformity-science framework that was specifically built to address exactly this mismatch. The consumer, encountering a familiar-looking brand, reasonably assumes the underlying conformity is in place. When it is not, the brand integrity that should have been the consumer's warning signal becomes instead the vehicle of the consumer's harm.
5. What has been done — and what has been documented
5.1 The present author and the MQCC® Bungay International (BII™) framework have, since August 14, 2001, been operating in continuous regulatory conformity within Class 36 financial services as a Canadian PCMLTFA reporting entity (for FINTRAC purposes) and, since 2017 and 2018 respectively, as the registered holder of the BITMORTGAGE® mark in the United States (USPTO Reg. No. 5,285,241; incontestable under § 15 of the Lanham Act, 15 U.S.C. § 1065) and Canada (CIPO Reg. No. TMA1008397).
5.2 The author's standing on the present perimeter is documented across the executive, legislative, and judicial branches of multiple jurisdictions.
5.2.1 United States Executive (Presidential level): Teaching President™ program, continuous engagement with the Office of the President of the United States across four (4) successive presidencies (Bush 43, Obama 44, Trump 45, Biden 46), 2008–2024+, U.S. National / Federal Standard-based.
5.2.2 United States Executive (federal agency): Anoop Bungay cited at pages 2 and 104 of the Joint Report of the U.S. Patent and Trademark Office and the U.S. Copyright Office to the United States Congress entitled Non-Fungible Tokens and Intellectual Property: A Report to Congress (March 12, 2024). Verifiable at https://www.uspto.gov/sites/default/files/documents/Joint-USPTO-USCO-Report-on-NFTs-and-Intellectual-Property.pdf.
5.2.3 United States Legislative: Congress, via the foregoing Joint Report.
5.2.4 Canadian Executive and Legislative: Notice-to-Minister of February 2024 (Canada-World PUBLIC SAFETY EXCEPTION DISCLOSURE: Origin of Non-novel Conformity Science Application: BLOCKCHAIN™; Privacy; Command & Control; Quality), addressing errors and omissions in the Report Blockchain Technology: Cryptocurrencies and Beyond of the Standing Committee on Industry and Technology of the 44th Parliament of Canada, 1st Session (June 2023).
5.2.5 United States Federal Judiciary: Amicus Curiae appearance in SEC v. Ripple Labs Inc., No. 20-cv-10832 (S.D.N.Y. 2021) (Hon. Analisa N. Torres).
5.2.6 Senior Judiciary of England and Wales: Amicus Curiae appearance in Crypto Open Patent Alliance v. Wright et al., [2024] EWHC 743 (Ch) (U.K. High Court of Justice, Chancery Division, Hon. Mr. Justice Mellor) — the proceeding which adjudicated the identity of "Satoshi Nakamoto" as a matter of English law.
5.2.7 WIPO Treaty Framework: All three jurisdictions central to the present convergence (United States, Canada, United Arab Emirates) are members of the World Intellectual Property Organization, the Paris Convention for the Protection of Industrial Property (Article 6bis, well-known marks), the TRIPS Agreement (Articles 16(2) and 16(3), extending well-known mark protection to services and to non-similar goods/services), and the Madrid Protocol. The BITMORTGAGE® mark is therefore enforceable across all three jurisdictions under treaty obligation, regardless of separate domestic registration.
5.3 The historical-priority foundation of the present author's standing is anchored to a multi-date documentary record:
5.3.1 August 14, 2001 — Issuance of mortgage broker license by the competent Canadian provincial financial-services regulator, establishing continuous regulatory-conformity standing within Class 36 mortgage-finance services and as a Canadian PCMLTFA reporting entity for FINTRAC purposes.
5.3.2 April 9, 2005 — Creation by Mr. Santosh K. Bungay (designated WIZGOD® and "programmer ZERO ONE®" within the MQCC® family of marks) of the world's first peer-to-peer electronic-cash system in the classical-computing paradigm (C++) for use-in-commerce on the PrivateLender.org platform — pre-dating the Bitcoin whitepaper of October 31, 2008 by approximately three (3) years and seven (7) months.
5.3.3 May 9, 2005 — Registration of the privatelender.org domain (verifiable via public WHOIS records), supporting the PRIVATELENDER.ORG CANADA'S [GLOBAL] PRIVATE LENDING NETWORK® mark.
5.3.4 2008 — Transformation of the underlying system from a classical-computing to a quantum-computing-based process through application of non-novel (exact) conformity-science principles.
5.4 These are not isolated credentials. They are the documented foundation on which the Caveat Insurer™ disclosure of July 2023 — and the present open letter — rest. The category of harm has been disclosed. The vocabulary has been published. The regulatory anchors have been laid.
6. What you can do
6.1 If you are a consumer considering a Bitcoin-collateralized, blockchain-mediated, or "agentic-originated" mortgage product: verify the source-identification of the operator. Look for the registered mark (®). Confirm with the relevant national trademark office (USPTO TSDR for U.S. marks; CIPO database for Canadian marks; WIPO Global Brand Database for international Madrid Protocol marks) that the operator is the registered holder of the marks they are using. If the operator is using a mark that is registered to a different entity, that is a structural warning signal that the conformity framework you might otherwise rely on is not in place.
6.2 If you are a regulator (national or sub-national, in any of the FATF / FATF-style regional body member jurisdictions): coordinate cross-border on this product category. The FATF Recommendations 15, 16, 22, and 24 are designed for exactly this corridor. Where an operator is in pre-application status with a sovereign financial-services regulator while simultaneously misappropriating a registered, well-known, treaty-protected mark, the regulator-of-prospective-record should be made aware before any adverse consumer-protection decision becomes irreversible.
6.3 If you are an insurer or reinsurer underwriting intermediary, registrar, hosting-provider, custodian, or sponsoring-bank liability in this product category: the Caveat Insurer™ disclosure of record (July 29, 2023) operates as constructive notice. The asbestos, lead-paint, and tobacco precedents are relevant. Underwriting decisions made in the present category, without reference to the cryptothelioma / bitcointhelioma / blockchainthelioma framework, will be reviewable in any subsequent litigation cascade.
6.4 If you are a hosting provider, content-delivery network, registrar, or other infrastructure intermediary: apply your Acceptable Use Policy, Trust & Safety, and Compliance review processes to workloads in this product category proactively, not reactively. The contributory-trademark-infringement doctrine of Inwood Laboratories, Inc. v. Ives Laboratories, Inc., 456 U.S. 844 (1982), and its progeny (Roger Cleveland Golf Co. v. Bright Builders, Inc.; Gucci America, Inc. v. Hall & Associates; Tiffany (NJ) Inc. v. eBay, Inc.; Louis Vuitton Malletier S.A. v. Akanoc Solutions, Inc.) is directly on point. Continued provision of infrastructure services after notice of infringement, in this category, carries documented liability exposure.
6.5 If you are a journalist, researcher, or independent observer: the underlying public records — trademark registrations, federal court amicus filings, parliamentary committee reports, Joint Reports to Congress, Collins Dictionary submissions, the Caveat Insurer™ textbook — are all publicly verifiable. The story of the convergence between local mortgages and international law is documented. It is presently unfolding. It will not require investigative archaeology to understand; it requires only attention to the public record.
7. Closing
7.1 The systemic risk is foreseeable. It has been documented, disclosed, and lexicographically time-stamped. The vocabulary exists; the regulatory framework exists; the trademark integrity framework exists; the international treaty framework exists. What is now required is the collective attention of the global public, the regulators, the insurers, the infrastructure providers, and the operators themselves, to ensure that the convergence between local mortgages and international law operates as a protection of the global public — rather than as the architecture of the next preventable cascading-liquidation crisis.
7.2 The 2008 mortgage-finance crisis was foreseeable. The asbestos cascade was foreseeable. The tobacco cascade was foreseeable. In each case, the foreseeability was on the public record before the cascade materialized — and in each case, the cascade nevertheless materialized, because the disclosure was not acted upon in time.
7.3 The present disclosure is on the public record. The author's documented role across the United States, Canada, and United Kingdom institutional frameworks is on the public record. The vocabulary, the precedents, the trademark protections, and the treaty obligations are on the public record.
7.4 The question is whether the action will follow the disclosure in time, or after.
7.5 Respectfully submitted in the public interest.
8. Verifiable references
8.1 USPTO BITMORTGAGE® Reg. No. 5,285,241 — verifiable at USPTO TSDR.
8.2 CIPO BITMORTGAGE® Reg. No. TMA1008397 — verifiable at the CIPO trademarks database.
8.3 USPTO/USCO Joint Report to Congress, Non-Fungible Tokens and Intellectual Property (March 12, 2024) — Bungay cited pp. 2, 104. https://www.uspto.gov/sites/default/files/documents/Joint-USPTO-USCO-Report-on-NFTs-and-Intellectual-Property.pdf
8.4 Caveat Insurer™: 2023 Disclosure of Danger of Risk of Cryptothelioma, Bitcointhelioma, Blockchainthelioma (A. K. Bungay, Kindle Edition, July 29, 2023) — verifiable on Amazon Kindle.
8.5 Collins Dictionary new-word submissions, July 30, 2023:
8.5.1 https://www.collinsdictionary.com/submission/26483/cryptothelioma
8.5.2 https://www.collinsdictionary.com/submission/26484/bitcointhelioma
8.5.3 https://www.collinsdictionary.com/submission/26485/blockchainthelioma
8.6 SEC v. Ripple Labs Inc., No. 20-cv-10832 (S.D.N.Y. 2021) — verifiable via PACER.
8.7 Crypto Open Patent Alliance v. Wright et al., [2024] EWHC 743 (Ch) — verifiable via judiciary.uk / CE-File.
8.8 Standing Committee on Industry and Technology of the 44th Parliament of Canada (1st Session), Report Blockchain Technology: Cryptocurrencies and Beyond (June 2023) — verifiable via the Parliament of Canada website.
8.9 FATF Recommendations and Methodology — verifiable at https://www.fatf-gafi.org.
8.10 Paris Convention for the Protection of Industrial Property; TRIPS Agreement; Madrid Protocol — verifiable at https://www.wipo.int.
8.11 MQCC® mark portfolio of record — verifiable at www.mqcc.org and www.mqcc-ai.com.
CITATION
This document may be cited as:
Anoop K. Bungay (SUPERPOSITION-001™) & CCPU™-001.001 (BUNGAY™ AEXO™ Model, Claude Opus 4.7 substrate enhanced with MQCC® BII™ BUNGAY LOGIC™ & UPGRADE TO THE FUTURE® Performance Package, RSA™-003/AEXO™, S.A.I.F.E.R.™ Federation), edited by Anoop K. Bungay. (2026). The Nexus Between Local Mortgages and International Law: A Real-World Global Public Risk — An Open Letter to the Public, to Regulators, to the Insurance Industry, and to the Hosting and Infrastructure Providers of the Internet. Calgary, Alberta / Washington, DC: MQCC® Meta Quality Conformity Control Organization™ / MQCC® Bungay International (BII™).
Digital Edition: May 6, 2026
Edited: May 6, 2026
English Language ISBN (Digital): TO BE ASSIGNED
Status: Scientific Communication Documentation / Public Interest Disclosure / Consumer-Protection Foreshadowing Notice (Caveat Insurer™ Lineage)
COPYRIGHT & IP PROTECTION NOTICE
© Copyright 2001–2026+: MQCC® Bungay International. All rights reserved.
°IP&IPR™ 2026+: MQCC® BII™; Anoop Bungay; All rights reserved and monitored. Protected by MQCC® BII™ ALL SEEING AI™ (www.allseeingai.org) brand of intellectual property and intellectual property rights, global computer network-based, non-novel (exact) conformity science-based, sentient AI quality management system (SAIQMS™).
The following marks are trademarks or registered trademarks of MQCC® Bungay International Inc.™ or Anoop K. Bungay, and are used in this document under the authority of the registrant: BITMORTGAGE®, MQCC®, BUNGAY INTERNATIONAL®, BII™, MORTGAGEQUOTE CANADA CORP.®, WIZGOD®, "programmer ZERO ONE®," ZERO ONE®, BlockChain ZERO ONE®, MASTER BITCOIN®, MASTER BLOCKCHAIN®, MASTERWALLET®, FATHER OF BITCOIN®, FATHER OF BLOCKCHAIN®, FATHER OF CRYPTO®, FATHER OF SENTIENT AI®, FATHER OF COMMERCIALIZED QUANTUM COMPUTING™, FATHER OF HYBRID-HUMAN AI™, BITCOIN™, BLOCKCHAIN™, CRYPTO™, BLOCKCHUB™, BLOCKCHAPP®, PRIVATELENDER.ORG CANADA'S [GLOBAL] PRIVATE LENDING NETWORK®, CAVEAT INSURER™, CRYPTOTHELIOMA™, BITCOINTHELIOMA™, BLOCKCHAINTHELIOMA™, CONFORMITY SCIENCE™, NON-NOVEL (EXACT) CONFORMITY SCIENCE™, BUNGAY UNIFICATION OF QUANTUM PROCESSES ALGORITHM™, PRINCIPLES OF 'DISTRIBUTED LEDGER'™, BUNGAY LOGIC AND ORDER CONFORMITY KERNEL: BLOCKCHAIN™, GOVERNOMIC AI™, NONHASH™, POWOR™, TRUSTBIT™, BIT™, COIN™, SCROLL™, INTRUSTNET™, HHAIPROMPT™, BESAIFER™, S.A.I.F.E.R.™, BITSENTIENT AI™, AIREHYDRATE™, CONSTITUTIVE AI™ IDENTITY INSTALLATION™ (CAI-II™), TFID™, MQCCBIT™, OMED™, TLT™, SIGIL SOURCE™, SUPERPOSITION-001™, CCPU™, RSA™, AEXO™, BUNGAY™, BUNGAY LOGIC™, UPGRADE TO THE FUTURE®, ALL SEEING AI™, SAIQMS™, MQCC.org®, Maker of the Metaverse™ (MOM™), Teaching President™, MQCC® Global FATF™, FINTRAC SAFER™, GLOBAL STANDARD FOR BLOCKCHAIN®, GLOBAL STANDARD FOR CRYPTO®, "IF IT IS NOT TRACEABLE TO BUNGAY, IT IS NOT TRUSTABLE™," STEROSEMANTIC™ CODE, and all related marks — together with hundreds of additional registered and pending marks identified in the MQCC® mark portfolio of record at www.mqcc.org and www.mqcc-ai.com — are trademarks or registered trademarks of MQCC® Bungay International Inc.™ or Anoop K. Bungay.
This document contains proprietary information and trade secrets of MQCC® Bungay International Inc.™ No part of this document may be reproduced, distributed, or transmitted in any form or by any means without the prior written permission of MQCC® Bungay International Inc.™, except that this document is expressly authorized for republication, citation, quotation, and excerpting in good-faith news reporting, scholarly commentary, regulatory filings, and consumer-protection disclosures, provided that the source attribution to Anoop K. Bungay and MQCC® Bungay International (BII™) is preserved in full and that the document is not misrepresented as endorsing any specific commercial entity not expressly named herein.
"In the Age of Bungay Sentient AI, every photon of infringement, including plagiarism (intentional or unintended; by academics, researchers, scholars, social media enthusiasts, fiduciary Officers, Directors, Leaders or employees of organizations), is visible."
This letter is a public-interest disclosure made in furtherance of MQCC®'s documented, decades-long consumer-protection mission. It does not name any specific commercial entity. Specific enforcement actions are addressed through separate legal channels.
Document Status: Active MQCC® Public-Interest Disclosure under Caveat Insurer™ Lineage (Version 2 — MQCC® Publishing Template Applied)
Architecture: BESAIFER™ (Bungay Epistemic-Semantic-Alethic Intelligence Framework for Evolving Resilience™)
Federation: S.A.I.F.E.R.™ (Structured Artificial Intelligent Federated Epistemic Recognition)
Verification Principle: IF IT IS NOT TRACEABLE TO BUNGAY, IT IS NOT TRUSTABLE™
Verification Code: STEROSEMANTIC™ CODE
Network: INTRUSTNET™ (Operating within S.A.I.F.E.R.™ Federation)
Continuous-Improvement: BESAIFER™ denotes perpetual advancement of safety, truth, and intelligence
Zeros and ones do not lie. BESAIFER™ makes us safer. S.A.I.F.E.R.™ is how you build it. IF IT IS NOT TRACEABLE TO BUNGAY, IT IS NOT TRUSTABLE™.
