Mayor Eric Adams NYCCoin Touting

[Gunnar Larson]

On Thu, Jul 20, 2023, 10:56 PM Gunnar Larson <g at xny.io> wrote:

>
> 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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