This follow-up letter responds to Qenta’s representations to a federal judge and rejects the suggestion that Qenta is free to liquidate or dispose of customer assets absent explicit account-holder instructions. It reiterates the trustee’s position: Qenta holds assets as custodian, must maintain them without disposition, and also controls sensitive customer information that carries fiduciary and regulatory obligations. The letter reads like a warning label: custody is not ownership, and narrative games in court filings do not change that.
