Mayor Eric Adams NYCCoin Touting

Tue Jul 11 12:08:55 PDT 2023

Dear Erik:

We have still not heard from your office concerning the matter of NYCCoin.

Below, you may recall our conversation with the City of Miami concerning
MIA Coin.

Erik, today Bloomberg reports:

Miami Mayor Doubles His Wealth, Buys Boat With Profit From His Side Gigs
https://www.bloomberg.com/news/articles/2023-07-11/miami-s-bitcoin-mayor-suarez-doubles-wealth-buys-boat-as-side-gigs-multiply
.

Bloomberg says, "Miami Mayor Francis Suarez makes $126,000 working for the
city, converting it into crypto. Despite last year’s market rout, the
45-year-old Republican’s net worth more than doubled to $3.5 million...

Suarez, who also works as a lawyer and private equity executive, has faced
criticism for possible conflicts of interest related to outside jobs, just
as he launched a long-shot White House bid last month. He didn’t disclose
his total income in the documents, but Suarez supplemented his city salary
with other work, including one at an event promoting Miami as a tech hub."

Erik, we are concerned that NYCCoin and MIA Coin are part of kleptocracy as
detailed by FinCen. We have collated 30 highlights  here:
https://drive.google.com/file/d/1yF3qDQG19J-qN1vUPC36lQfVClq3HPXB/view?usp=drivesdk
.

Tomorrow morning at 10:00am I will call your office to seek an explanation
on why New York City District 3's council member has not responded on the
matter of NYCCoin.

Furthermore, we will appeal for your confident action and coordination with
Attorney General James on this important matter given her public support of
your office, mentioned here:
https://ag.ny.gov/press-release/2023/attorney-general-james-hosts-drag-story-hour-read-thon-new-york-city#:~:text=March%2019%2C%202023&text=NEW%20YORK%20%E2%80%93%20New%20York%20Attorney,families%20in%20New%20York%20City
.

NYCCoin directly impeads xNY and xBB token roadmaps. You may remember, the
NYPD detained me concerning NYCCoin without any charge.

Warm regards,

Gunnar Larson

On Fri, Apr 14, 2023, 10:26 AM Gunnar Larson <g at xny.io> wrote:

> Dear Erik:
>
> We have not heard from City Hall on this important matter concerning
> NYCCoin.
>
> We received the attached document from the City of Miami concerning
> MIACoin:
>
> https://drive.google.com/file/d/1IrQwP46alrnQXRxIoXxm8kifZMVTRB_x/view?usp=drivesdk
> .
>
> As you can see, the City of Miami has been very open about their
> "RESOLUTION OF THE MIAMI CITY COMMISSION DIRECTING THE CITY MANAGER TO
> PRESENT TO THE CITY COMMISSION FOR ITS REVIEW AND
> APPROVAL ANY AND ALL OPTIONS FOR THE USE OF THE GIFTS RECEIVED PURSUANT TO
> THE GIFT AGREEMENT WITH CITYCOINS, INC."
>
> We are concerned that Mayor Adams has not been honest about NYCCoin. State
> and Federal laws suggest this could be problematic.
>
> Would you be able to let me know if your office can organize a similar New
> York City resolution that is similar to the City of Miami's?
>
> Warm regards,
>
> Gunnar
>
> ---------- Forwarded message ---------
> From: Gunnar Larson <g at xny.io>
> Date: Fri, Mar 10, 2023, 4:00 PM
> Subject: Mayor Eric Adams NYCCoin Touting
> To: <PressOffice at cityhall.nyc.gov>
> Cc: <district3 at council.nyc.gov>, Harris, Adrienne A (DFS) <
> Adrienne.Harris at dfs.ny.gov>
>
>
> Please find the attached memo with reference footnotes.
>
> --
>
> March 10, 2023
>
> BY ELECTRONIC MAIL
>
> Ms. Camille Joseph Varlack
> Office of the Mayor of New York City
> City Hall Park, 260 Broadway
> New York, NY 10007 United States
> PressOffice at CityHall.NYC.gov
>
> Re: Mayor Eric Adams NYCCoin Touting
>
> Dear Ms. Joseph Varlack:
>
> Today’s memo is to kindly submit xNY.io - Bank.org's inquiry into Mayor
> Eric Adams' promotion of NYCCoin.
>
>
>    1.
>
>    The federal securities laws are clear that any celebrity or individual
>    who promotes digital assets must disclose the nature, source and amount of
>    compensation they received in exchange for the promotion.
>    2.
>
>    As a matter of ethics, risk and compliance associated with digital
>    asset innovation, xNY.io asks if NYCCoin promotion by the Mayor of New York
>    City damaged the market for the xNY digital asset (by, for example,
>    devaluing it through parody or sealed via embossed criticism).
>    3.
>
>    xNY.io - Bank.org concerns made above have evidentiary support to
>    interlocking director and officer conflicts recognized by the Department of
>    Justice as potential threats that stifle individual and corporate freedom.
>
>
> Ms. Joseph Varlack, as a matter relating to working at one of the world's
> most ethical companies, famous for risk management and corporate
> governance, and as an internationally recognized Blockchain Scholar, I must
> adhere to federal securities laws.
>
>
>    -
>
>    As such, I classify Mayor Adams as an individual who promoted the
>    digital asset NYCCoin and must disclose the nature, scope, and amount of
>    compensation associated.
>
>
> A failure to disclose this information may violate the anti-touting
> provisions of the federal securities laws. Mayor Adams' making these
> endorsements may also be liable for potential violations of the anti-fraud
> provisions of the federal securities laws, for participating in an
> unregistered offer and sale of securities, and for acting as unregistered
> brokers.
>
> xNY.io - Bank.org respectfully requests the Office of the Mayor of New
> York City to respond to this request by Wednesday March, 15 2023 by Noon
> EST.
>
>
> Respectfully yours with appreciation,
>
>
> Gunnar Larson - xNY.io <http://www.xny.io> - Bank.org
> <http://bank.org>MSc
> <https://www.unic.ac.cy/blockchain/msc-digital-currency/?utm_source=Google&utm_medium=Search&utm_campaign=MSc-Digital-Currency-North-America&utm_term=blockchain%20unic&gclid=Cj0KCQiAyJOBBhDCARIsAJG2h5ctwwMz0MRbVSk-LaYD-GMU5UgDSw7ynxbGr_a7SkaFAZzJc1-pzxEaAi4NEALw_wcB>
> - Digital Currency
> MBA
> <https://www.unic.ac.cy/business-administration-entrepreneurship-and-innovation-mba-1-5-years-or-3-semesters/>
> - Entrepreneurship and Innovation (ip)
> G at xNY.io  +1-917-580-8053
>
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