Saturday, 14 June 2025

California Passes Bill That Would Let State SEIZE Your Bitcoin

100 Percent Fed Up
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California has just come up with a novel new way to steal from its citizens.

On Tuesday, the California State Assembly unanimously passed a bill that would let the state seize unclaimed cryptocurrency from exchanges after a period of three years of inactivity.

Basically, if you don’t interact with your Bitcoin or login to your exchange account for three years, the bill would allow the California government to take it.

It’s now headed to the Senate.

See for yourself:

The Street reported:

The California State Assembly has passed Assembly Bill (AB) 1052 with a 69-0 vote that mandates the state to seize Bitcoin and other cryptocurrencies left unclaimed for 3 years.

Now, the Senate will vote on the bill.

Introduced by Democrat member Avelino Valencia, the bill includes digital assets, including virtual currencies, cryptocurrencies, or other digital-only assets in the already existing list of traditional assets such as bank accounts and safe deposits within the legal framework.

To put it simply, the bill, once passed, allows the state of California to seize cryptocurrencies left unclaimed on exchanges for 3 years, which can then be claimed by their owners.

Notably, the bill earlier mentioned crypto self-custody provisions which have been deleted.

Now, proponents of the bill say that it’s actually a good thing.

You see, California isn’t taking your crypto; instead, they’re just storing it for you.

Keeping it safe, until you claim it.

Per Decrypt:

Proponents of the bill say that it allows for unclaimed Bitcoin and other digital assets to not be liquidated by the state, but rather held by a custodian for customers to reclaim later—so there’s no risk that an investor’s tokens could be sold at a loss without their consent.

Under Assembly Bill 1052, which aims to broadly regulate digital asset payments and crypto business activities in California, cryptocurrency holders must perform “an act of ownership interest” at least once every three years to prevent their tokens from becoming the state’s property. Those acts would include conducting transactions involving their digital asset accounts or at least electronically accessing their accounts, among other qualifying actions.

However, let me ask you: do you really expect a state as corrupt as California to just “hold on” to your Bitcoin?

I think the answer is a resounding NO.

California Wants to SEIZE Your Bitcoin

AB 1052 just passed 78–0 — giving the state power to take “unclaimed” crypto from exchanges after just 3 years of inactivity.

No hacks. No fraud. Just you not logging in.

They claim the assets won’t be liquidated — only “held” by a custodian. But when has California ever grabbed your property and not used it?

Miss 3 years = lose your rights

Now heading to the Senate ‍

Applies to any crypto on centralized exchanges

Critics call it a land grab. Lawmakers call it “protection.”

Do you trust California with your crypto?

Want to make sure this doesn’t happen to you?

Pretty good timing that I just published this earlier this morning…

This 100% fixes the problem and you’ll be completely safe, even from the Commies in California:

Introducing…”Safe With Noah”! [Read Before Expiration]

Introducing..."Safe With Noah"! [Read Before Expiration]

Noah here with a special announcement for anyone who has NEVER bought crypto before.

I'm guessing there's a reason you haven't and I'm guessing I have the SOLUTION to that reason.

Sound good?

Let's see if I'm right.

First let me set the stage...

I've been buying crypto personally since 2017 and I really started talking about it a lot here in 2020 when I had Bo Polny as a guest on my show for the very first time.

Hard to believe that was FIVE YEARS AGO now, but it was.

Time flies.

Anyway, in those five years, I know a lot of you have signed up for Bo's report and/or just started buying some crypto on your own.  And that's awesome!

I went back and looked, and when Bo first came on my show back in 2020, Bitcoin was about $3,000 -- and now it's just under $100,000.

So to anyone who watched those early shows and bought some, a huge congratulations to you!  And I know many of you did because you've told me your stories!

Of course I can't ever give personalized financial advice, but what I can do is have on guests like Bo and bring awareness to things like this, so that's what I do.

Why do I tell you all of this?

Because while many of you jumped in and started buying crypto alongside me these past five years, an equal or greater number have told me different stories....

You'd told me you can see Bitcoin, XRP and crypto is the future, or at least some portion of the future.  You get it.  And you want to get on board, but it's just TOO CONFUSING!

Too many risks.

Too many chances of doing something wrong, sending your money to the wrong place, sending your crypto to the wrong place, or worse...getting scammed.

You don't trust things like the Ledger Nano S, a device that looks like a keychain and you're just supposed to load all your crypto on there and stuff it away in a vault or safe somewhere and hope all your crypto is still there in 10 years...let alone hoping it will POWER ON in 10 years!  I never liked that either.

Or trusting that the crypto exchange holding your assets is safe and won't go under like FTX, or Celsius or Mt. Gox or any number of other ones.

Or getting your account hacked or having a problem, and there is NO ONE you can talk to.  Non-existence customer support.  No brokers you can talk to.  No support you can talk to.  You're just on your own.

That's the story I've heard from so many of you and that's why I'm so excited to bring you this announcement.

I now have the solution for you.

Introducing Caleb & Brown, my new partners and I am so excited to tell you why I think this is going to solve ALL of the problems above.

I've already heard from some of you after the livestream I just did saying "Thank you so much, this is what we've been waiting for!"

I know it is, and that's why I'm so excited to tell you about it.

Caleb & Brown have been around since 2016, which is a lifetime in crypto.

There are not many companies that have been around that long in crypto, and definitely not many with as stellar of a reputation.

I've known about them for years, but I've waited to tell you about them until they had proven the test of time, and trust me they have.

They've got a perfect 5.0 rating on Google:

And a near-perfect 4.9 rating on Trustpilot:

But here's what I really love and I think what you will love too....

When you sign up with them, you get assigned a PERSONAL broker, that is your very own broker.

A real person that you can call 24/7, 365 days a year.

Of course, they have to sleep like all of us, so if they're not available when you call or email, there's always a backup on call to take the call.

I don't know about you, but I grew up having a stockbroker I could call to buy or sell stocks.

It was so nice!

I was never any big swinger, but I bought and sold some stocks here and there, and I always knew I would be taken care of because my account was handled by my personal broker!

I always had someone I could call or email, and if anything went wrong, they stood behind it 100%.

We've never had this in crypto before, but we do now!

That's huge to me, and I'm guessing based on everything you all have told me each time I have Bo on, this is the missing piece for many of you.

Forget about trying to "learn crypto" and "do it yourself".

You don't need to do any of that.

Now you have a personal broker you can call or email anytime.

Of course you can also log in and trade yourself live on their website, both options are available to you.

So that's big thing #1, an absolute game-changer.

But all of that doesn't mean anything if it's not 100% safe and secure, and that's big thing #2...

Every account is backed 1-for-1, stored in cold storage with multiple layers of security, it's then secured by a company called Fireblocks and insurance sits on top of all of that.

They've never been hacked.

Never lost a dime of customer funds or crypto.

Never had any issues.

Almost NO ONE in the space can say that, but that's why I've been watching them closely of the past few years and watching to see if they pass the test of time, and they have passed with flying colors.

Safety and security is so important to me, I created a custom link called SafeWithNoah.com which will take you directly to my custom page on Caleb & Brown so you know you're in the right spot.

Link is here:  https://SafeWithNoah.com

And when the page loads it will look like this and you'll see my name and logo at the top.

That's how you know you're in the right spot.

I'll be talking a lot more about this in the days and weeks to come, but for right now I wanted to give you first dibs to get over there and sign up.

I know this is the lifeline many of you have been waiting for.

Here's what I would encourage you to do...

Go over to that page and create an account, it's 100% free to create an account.

Two reasons why...

First, it's free and it gets your foot in the door.  

Caleb & Brown has over 35,000 customers in over 100 countries across the world, and they're growing very fast.  While I don't have any inside information to expect they might close or slow down registrations or put people on a wait list, I've seen that happen with fast-growing companies before, especially in crypto.

Think about it, if everyone gets assigned a personal broker, there is eventually some limit where they need to slow down new accounts to make sure service levels remain high.

So creating an account gets your foot in the door and it's free.

You don't even have to fund the account right now, you can just create it.

Second, that leads into the second big thing which is having your first call with your personal broker.

Once you have an account, the broker that gets assigned to you is going to reach out and want to chat with you, get to know you.

They'll want to learn how familiar you are with crypto and how they can help you in your journey.

It's a long-term partnership and they want to kick it off on the right foot.

They customize EVERYTHING to meet you where you are in your crypto journey.

So create the account and have this first call.

In fact, you can have as many calls and emails as you want with your broker as you go forward.

They'll answer your questions, show you market research, tell you what they think and what they see, and help you get comfortable moving forward with crypto.

I think you're really going to be impressed and blown away by the level of service they provide, even if they see you don't have a single dollar in your account, they don't care.  Service comes first.

I am so confident in that that I'm asking everyone to create and account, have your first call or calls with your broker and then email me at noah (at) dailynoah (dot) com and tell me how it went!

I think you're going to be very pleasantly surprised and I want to hear about it.

So create the account, get your foot in the door, have your first call or calls, and then email me with the results!

Sound good?

My custom FREE signup link is here:  https://SafeWithNoah.com

And now for people who prefer video, please enjoy this livestream I did from earlier today where we go into more detail.

Here are two comments that just came in from people who already have an account and they say this about the service:

Yes indeed, thank you both for sharing your experience!

That has certainly been my experience as well.

Want in?

CREATE YOUR FREE ACCOUNT HERE (My Safe Signup Link)

Now here's the video, please enjoy:

Backup video here with captions added if you prefer.

Here you go:

And for those who prefer a FULL TRANSCRIPT, I've got you covered there too.

Here you go:

Noah Christopher:

Live from America's heartland, this is the Daily Truth Report with your host, Noah Christopher.

Hey, what's up everybody?

Hey, this is Noah and this is pretty unique. I don't usually go live when it's just me. I usually have a fun guest with me that I get to chat with.

But today, right now, it's just me because I have a special announcement for you, which I'm going to get into in just a minute. And I think you're really going to like this.

But let me know. Since I don't have a guest here, it kind of feels like I'm talking to myself. So let me know if you can hear me okay, if I'm coming through.

We are live on YouTube. We're live on Rumble. And we're live on Twitter/X. So I see a lot of people connected.

But shoot me a comment wherever you're watching. Let me know if you can see this okay and hear this okay. And then we'll jump right in.

And you know what? This is kind of fun. I'm usually so busy writing articles all day long that I'm just behind the keyboard and I don't get out here and interact with everybody.

So who knows? Maybe we'll do this more often and we'll just kind of turn it into a livestream and maybe more of an open chat and ask-me-anything kind of a thing.

And we can just tackle whatever’s on people’s minds.

Yeah. All right, let me check the comments here. Oh, there we go. Okay.

Hello from Elaine! Awesome.

And M.A. says thumbs up.

Okay, so it looks like we're connected on YouTube and Twitter. And Rumble comments are separate, so that one looks good too.

Okay, well let me tell you what I've got for you today because I think you're really going to like this.

I've got a brand new announcement that you're probably going to want to check out. It's something I've just switched over to, and I think you're going to love it.

If you've been with me any period of time, you know I have Bo Polny on the show a lot and we talk a lot about gold, silver, crypto — you know, that's Bitcoin, XRP, Ethereum, stuff like that.

And I always get a lot of comments. First of all, everybody loves Bo — and that's awesome.

But I get a lot of people who are very familiar with crypto. Maybe they’re like me — they’ve been buying and selling it since... well, since I’ve been doing it.

But it is really complicated and complex — and scary sometimes — trying to make sure you don’t do it wrong.

Make sure you don’t fall for scams.

Make sure you don’t send your money or send your crypto to the wrong place.

So one of the most frequent comments I get from people is:

“Hey, thanks for having Bo on. I know crypto is the future in some way...”

And I can’t give anyone financial advice, but I just kind of tell you what I’m doing and what’s interesting to me.

And I have people on like Bo that tell you what he sees.

But I hear from so many people that say:

“You know, I get it. I know I need to start buying some crypto. I need to diversify a little bit — you know, even 1% or 5%. I know that probably makes sense. I can clearly see it's the future. It's coming.”

Part of that future is here now, and part of that future is still coming.

It's starting to go into Wall Street and ETFs and stuff like that.

But:

“I've never bought a single anything in crypto. I've never bought any Bitcoin. I've never bought any XRP. I'd like to, but I just don't know where to start. And I'm too intimidated by it to do anything.”

And for the longest time, I haven't had a real good solution for that.

I can offer training and courses — and actually Bo has a great training course that I know a lot of you have gotten and really love it because I hear from you after that.

But I know that even with that, I hear from people saying:

“You know, I'm 50 years old or 60 years old and... I just... I don't have time to learn something new like this. And still, I don't want to screw it up. I don't want to get on there and all of a sudden everything I worked so hard for... I send it to the wrong person or wrong address.”

Technology is confusing enough to me.

I've got email and internet down and I read your newsletter every night, but that's about it.

I don’t want to go learn how to do crypto.

I don't want to have to buy a Ledger Nano S that looks like a key chain and somehow believe that all my crypto is on this thing.

And then I take that and I throw it in some safe in my house or whatever or a safe deposit box at the bank and just hope that all of this crypto that I bought is somehow on this device.

And there's no one to call if it goes wrong.

There's no customer support department.

I'm just hoping and trusting that everything is going to work.

Or I’m hoping and trusting that I’m working with Coinbase or I’m working with Uphold. Those are two platforms that I use.

And they’ve been pretty good.

But you know — they go down when the market starts going up. Suddenly they go down and it says “Offline, check back later.”

And then you’ve got the bad ones like FTX.

I’m sure everyone heard of that — Sam Bankman-Fried. That was apparently just an outright fraud.

And people that had their money on that just watched it go up in air.

Or Mt. Gox before that.

All of these horror stories of these exchanges.

And then even — you know — even Coinbase, if someone hacks your account...

You know, luckily that’s never happened to me, but I’ve heard horror stories of people that...

You try and call their customer service department and there’s just no one to speak to.

You just get put on hold or you get an email back that says, “We’ll get to you. We have your ticket. We’ll get to you in the future.”

And then they just never respond.

So all of that to say — I finally have a very exciting announcement.

And I want to share my screen here because I’ll show you exactly what this is.

You all are getting the first look at this right now.

I’ll be talking about this a lot more on the website and in my newsletter and we’ll do a few other shows too.

But this is absolute — if you’re on live with me right now — Friday afternoon, May second — this is absolute first look.

And — oh, hello to Donna — awesome, thank you. Glad to have you with us.

So you're absolutely first look on this.

And so you get the first chance to take a look and get in.

Let me share my screen and I’m going to tell you about this new company that I have partnered up with.

They’re called Caleb and Brown.

And if you’re not in the crypto world, you might not know about them.

But let me tell you about them, because they’re pretty incredible.

I’ve heard about them since probably 2018, but I’ve just been waiting and watching.

I always liked what I heard about these guys.

But you know — you want to make sure that people stand the test of time.

And they don’t have an incident like FTX or Sam Bankman-Fried or Mt. Gox.

And these guys have been rock solid.

They were actually founded in 2016 and they’ve just never had a single incident.

This is the homepage here — kind of a shared page between me and them.

And if you want to get to this — actually, I made a custom... let me do this... I made a custom website so it’s easy to remember.

Let’s go right here.

There we go.

It’s called SafeWithNoah.com.

Safety is so important.

So I just put that in the name — SafeWithNoah.com.

And let me tell you all about these guys and why they’re different from anything else out in the market and why I’m switching over to them and trusting them with my crypto assets.

Like I said, they’ve been around since 2016. Never had a single issue.

Just rock solid team here.

They’ve got a near-perfect 4.9 rating on Trustpilot.

Hard to find anyone saying a bad thing about these guys.

You can read review after review after review of people that have had a wonderful experience.

But here’s what really stands out to me:

Everything that you do — first of all — you get assigned a personal broker.

And this is what really stood out to me.

So you know, our whole lives — at least a lot of us, maybe even people that are older than me — we used to be able to call our stockbroker.

We’d have a stockbroker. We could call them up.

We could say, “Hey, I want you to buy 100 shares of GE for me,” or “Sell 50 shares of Apple,” or whatever it would be.

Or you could call them up and talk to them and say, “What do you think about this? What do you think the market’s going to do? What do you think is a smart thing here?”

That has not existed in crypto before now.

And in fact, if you try to talk to your financial advisor — they’re going to tell you they can’t even talk to you about crypto.

And the reason they can’t talk to you about it is because they can’t sell it to you right now.

And I’ve been telling you about crypto for the last eight years — and your financial advisor hasn’t — because they haven’t been able to make a fee on it.

But these guys — that’s what they do.

If you want to just go online, you can do that too.

They have a great website.

So if you’re more hands-on, like I am — I just like to get in there and do my own stuff — you can do that.

But for everybody else — and even I enjoy this — I had a chat with my broker last night.

And it was just so nice.

Since 2017 I’ve been buying crypto, but I’ve just been doing it on my own.

I hope I’m doing the right thing. I think I’m buying the right ones. I’m buying the ones that make sense to me.

I have people like Bo on the show and I can talk to Bo a little bit and I read his newsletters and that helps.

But I really don’t have anybody else to talk about this stuff with.

And so to get on the phone last night and talk with my personal broker — it was just super cool.

And so the other thing that means is — you always have someone to call.

You’re not going to get put into a “here’s the support desk, fill out an online ticket at Coinbase and we’ll get back to you… maybe… when we feel like it.”

If you’ve got a problem, you call these guys and you have your own personal broker who you can talk to.

And they are 24/7, 365 days a year.

So — not that I recommend this — but even if it’s Christmas Eve and you’ve got to make a trade, you can call them and you’ll get to talk to someone.

Even if your broker is asleep at the moment — because the world is 24/7 but humans aren’t yet — they have a backup always on hand to handle all calls.

So usually you’ll get your own broker, but if it happens to be an off time or something, you’ll definitely get to talk to someone else as a backup.

The other cool thing about these guys is everything is stored — I don’t want to get too technical for you — but everything is stored in what’s called cold storage.

So all of your cryptocurrency is in safe vaults, basically, is the way to think about it.

You can see on the website here — it’s secured by a company called Fireblocks.

They’re very well known in the industry.

They do what’s called institutional-grade custody.

In fact, I made a banner here about that: Institutional-grade crypto custody.

That is very important.

I don’t want to get too technical, but let me tell you this:

At Coinbase — if you have a Coinbase account — and I use them as an example because they’re probably the largest and most well-known — if something happened to Coinbase and they went out of business, went bankrupt like FTX...

Your funds are not necessarily secure.

You are what's known as an unsecured creditor of Coinbase.

You will get paid last.

They will pay everybody else that they have debts to, and then if there’s any money left over, they pay the unsecured creditors.

And that would be you — the one holding your crypto there.

That’s not what they do at Caleb and Brown.

Load More

This is a Guest Post from our friends over at WLTReport.

View the original article here.

 

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