January 2023 - cypherpunks - lists.cpunks.org

Re: cock.li email invite
by ytooR 06 Jan '23

06 Jan '23

Thanks! I'm only seeing a few turd posts and NOT my favorite famous CypherPunk. I'll try with my new cock email ------- Original Message ------- On Wednesday, January 4th, 2023 at 2:26 PM, Shawn K. Quinn <skquinn(a)rushpost.com> wrote: > On 1/4/23 15:48, ytooR wrote: > > > Hey guys. Anyone have a extra cock.li invite. I’ll send you a donut. > > > > Thanks! > > > > Rooty > > > > #free assamge > > > https://cock.li/register?invite=0b04d4985218d8d48dfd2d8b3b83dabf7d3543f9908… > > Donut is optional, I'm reducing my sugar intake for a while. :-) > > -- > Shawn K. Quinn skquinn(a)rushpost.com > > http://www.rantroulette.com > http://www.skqrecordquest.com

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Federally-Insured, Crypto-Focused Silvergate Bank Loses 43 Percent of Its Market Value Yesterday as Depositors Flee
by Gunnar Larson 06 Jan '23

06 Jan '23

https://wallstreetonparade.com/2023/01/federally-insured-crypto-focused-sil… By Pam Martens and Russ Martens: January 6, 2023 ~ If you’re looking for the poster child for everything that is toxic about mixing crypto with federally-insured banks, look no further than Silvergate Capital Corporation, parent of federally-insured Silvergate Bank. Yesterday, the company lost 42.73 percent of its market capitalization in one trading session, putting its stock price losses at 91 percent over the past 12 months. The stock has been plunging since April of last year. Then came the jarring news on November 11 that one of its large customers, crypto exchange FTX, was filing for Chapter 11 bankruptcy along with its sister hedge fund, Alameda Research – which, it turns out, had been using (and losing) billions of dollars of FTX customer funds to trade and acquire without the knowledge of customers. More than 100 opaque affiliates of FTX, many headquartered in offshore locations, also filed for bankruptcy. Three executives of the two firms have been indicted by the U.S. Department of Justice on a combined total of 19 criminal counts and new management has testified to Congress that $8 billion of customer funds are missing. On the same day that FTX made its initial filing in bankruptcy court in Delaware, Silvergate Bank released a statement which included this nugget from its CEO, Alan Lane: “In light of recent developments, I want to provide an update on Silvergate’s exposure to FTX. As of September 30, 2022, Silvergate’s total deposits from all digital asset customers totaled $11.9 billion, of which FTX represented less than 10%. Silvergate has no outstanding loans to nor investments in FTX, and FTX is not a custodian for Silvergate’s bitcoin-collateralized SEN Leverage loans. To be clear, our relationship with FTX is limited to deposits.” Customers interpreted that statement to mean that Silvergate had upwards of $1 billion exposure to alleged fraudster FTX and started a run on deposits at the bank. According to a statement released yesterday by Silvergate, its “total deposits from digital asset customers declined to $3.8 billion” as of December 31, 2022 (down from the previously reported $11.9 billion on September 30, 2022.) That’s a stunning 68 percent drop in deposits in one quarter. Yesterday’s statement from Silvergate also included the confidence-draining news that the company is firing 40 percent of its workforce and that it had met the demand for customer withdrawals during the quarter as follows: “Silvergate sold $5.2 billion of debt securities for cash proceeds during the fourth quarter of 2022. The sale resulted in a loss on the sale of securities and related derivatives of $718 million during the fourth quarter of 2022.” Silvergate is also likely to have to start reserving for a wave of lawsuits coming at it. The Federal District Court for the Southern District of California currently shows four class action lawsuits against Silvergate. The first of the class actions to be filed on December 1, 2022 is Sepulveda Zuleta et al v. Silvergate Capital Corporation et al, (3:22-cv-01901).The attorneys for the plaintiffs are Fitzgerald Joseph LLP; Casey Gerry LLP; and Blood Hurst & O’Reardon, LLP. The complaint alleges the following: “Silvergate and its Chief Executive and Risk Officers were complicit in and responsible for some of these fraudulent losses [of FTX] because, in violation of its Know-Your-Customer (KYC) and Anti-Money Laundering (AML) regulatory obligations, knowingly or negligently permitted FTX to direct customer deposits to Alameda Research, a hedge fund that is a wholly separate entity also owned by FTX’s founder and Chief Executive Officer, Sam Bankman-Fried.” Another class action lawsuit against Silvergate was filed on December 7, 2022 and styled as Rosa v. Silvergate Capital Corporation, et al (3:22-cv-01936). According to the docket sheet, plaintiffs in that case are represented by the law firm Glancy Prongay & Murray. Of note, however, is that another well-known class action law firm, Robbins Geller Rudman & Dowd LLP, is advertising for plaintiffs in that action. This sometimes happens when a law firm is attempting to position itself as lead counsel or co-lead counsel in a consolidated class action involving multiple plaintiffs and law firms. A third class action lawsuit was filed on December 13, 2022, styled as Guz v. Silvergate Capital Corporation et al. The law firm representing plaintiffs in that lawsuit is Pomerantz LLP. The very next day, December 14, 2022, a fourth class action was filed against Silvergate, captioned Gonzalez v. Silvergate Bank (3:22-cv-01981). The law firms representing plaintiffs are Girard Sharp LLP and Hartley LLP. Silvergate is represented in the various cases by Sheppard Mullin Richter and Hampton LLP. The law firm’s website indicates that it has 1,000 attorneys in 16 offices worldwide. It has a White Collar Defense and Investigations team that characterizes its work as follows: “We defend against all manner of allegations, including health care fraud, money laundering, False Claims Act, Foreign Corrupt Practices Act, tax fraud, business fraud, securities fraud, foreign and domestic bribery, public corruption, mail, wire, and bank fraud, cyber-crime, customs violations, and environmental crimes. We often devise, monitor and revise compliance programs and, if necessary, conduct internal investigations to detect and remedy problems before they cause more damage. We are also more than ready to fight – be it through Grand Jury proceedings, court proceedings, trial and appeal.” Many of those services may come in very handy for Silvergate.

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How blockchain can be used to govern ourselves and distribute resources
by professor rat 06 Jan '23

06 Jan '23

I asked ChatGPT 'how blockchain can be used to govern ourselves (the political question) and distribute resources(economic question) ?' https://www.reddit.com/r/Anarchism/comments/zudiv6/i_asked_chatgpt_how_bloc… TL/RD cryptoanarchist victory is here

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Re: response to NY FOIL request FOIL-2022-092039-018433
by Gunnar Larson 06 Jan '23

06 Jan '23

Okay. Has the Superintendent heard of Brex before? On Mon, Nov 21, 2022, 11:30 AM Bogdan, George (DFS) < George.Bogdan(a)dfs.ny.gov> wrote: > NO. > > > > George Bogdan > Senior Attorney > Department of Financial Services > One State Street > New York, New York 10004-1417 > FAX: (212) 709-1655 > (212) 480-4758 > *george.bogdan(a)dfs.ny.gov <george.bogdan(a)dfs.ny.gov>* > > > > *From:* Gunnar Larson <g(a)xny.io> > *Sent:* Monday, November 21, 2022 11:15 AM > *To:* Bogdan, George (DFS) <George.Bogdan(a)dfs.ny.gov> > *Cc:* cypherpunks <cypherpunks(a)lists.cpunks.org> > *Subject:* Re: response to NY FOIL request FOIL-2022-092039-018433 > > > > *ATTENTION: This email came from an external source. Do not open > attachments or click on links from unknown senders or unexpected emails.* > > > > Can we get this by Noon? > > > > Gunnar > > > > On Thu, Nov 3, 2022, 3:54 PM Gunnar Larson <g(a)xny.io> wrote: > > Dear Bogdan: > > > > Thank you for your email. > > > > We would like to kindly appeal this decision. > > > > Please find a copy of the corresponding financial disclosure form, that > was also included in the FOIL request: > https://drive.google.com/file/d/1m1-ikLnjkr7lwt2pKqIxnnUKkgzBz7dh/view?usp=… > <https://gcc02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fdrive.goo…> > > > > Question 4(a), "Positions of Authority" lists an advisor role at "Brex, > Inc." Furthrtmore, the role's "State or Local Agency" is indicated as "DFS." > > > > Our request is not intended to be vague, however, we seek records specific > to the DFS role with Brex, Inc. > > > > Sending you the very best regards. > > > > Thank you, > > > > Gunnar > > > > Gunnar Larson > > xNY.io - Bank.org > > 646-454-9107 > > > > > > > > > > On Thu, Nov 3, 2022, 3:17 PM <George.Bogdan(a)dfs.ny.gov> wrote: > > Dear Mr. Larson: > > My response to FOIL #2022-092039 is attached. > > Sincerely, > George Bogdan > DFS Records Access Officer > > Tracking Number:FOIL-2022-092039-018433 > >

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PROTOS embrace known statist loser, moron, Peter McCormack
by professor rat 06 Jan '23

06 Jan '23

Why do these idiots hate our anarchist freedoms? https://protos.com/why-was-crypto-so-quick-to-embrace-andrew-tate/ Reposts not Sunday sermons

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New Covid variant 'Kraken' termed most transmissible by WHO. Should you be worried? | Mint
by Gunnar Larson 06 Jan '23

06 Jan '23

What in the world happened to Kraken? https://www.livemint.com/science/health/new-covid-variant-kraken-termed-mos… The Kraken Covid variant, nickname of XBB.1.5, is a descendant of the Omicron XBB sub-variant. First detected in the United States in 2022, this variant has quickly picked up pace and has now been detected in 28 other countries, according to World Health Organization (WHO).

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Cryptocurrency: BTC Silent About NIST PQC And Looming Classical Break
by grarpamp 06 Jan '23

06 Jan '23

Threat to classical crypto known and growing for many years. NIST approves PQC algorithms. Bitcoin-BTC says nothing about moving to PQC to secure users funds. Move to and use privacy enabled PQC coins.

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pentagon jewnazi bots
by punk 06 Jan '23

06 Jan '23

some random pentagon jewnazi bot has automatically spammed a bunch of...propaganda! Shocking! The propaganda did contain one correct and irrelevant fact. Ron paul is a racist. The poor stupid bot doesn't even know that paul is also a jew-kristian nazi, a US 'nationalist', a US cunstitutionalist etc. And still all that has nothing to with this other fact : People in the U.S. who are actually opposed to war (like ron paul) say this about the war in ukraine "Washington's determination to overthrow the Russian government via a proxy war in Ukraine has brought the threat of nuclear war closer than ever in history" *

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BIG IRON threat to Satoshi stash!
by professor rat 05 Jan '23

05 Jan '23

Chinese suggest RSA crack - IBM Q-computer qualifies https://cointelegraph.com/news/quantum-computers-may-soon-breach-blockchain… Reposts not nationalization suggestions for senile geezers

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Evita Peron quotes Ron Paul
by professor rat 05 Jan '23

05 Jan '23

Several libertarian scholars criticize Rand Paul severely. Not just because he's wrong, but because the old libertarian position that racism is a private right is embarassing to them. NEW 5/10: The lesson of Rand Paul: libertarianism is juvenile. Gabriel Winant's Salon article declaring: "Libertarianism itself is what's stupid here, not just Paul. We should stop tip-toeing around this belief system [....]" NEW 12/07: Ron Paul: Quackery enabler Orac's heavily linked post at Respectful Insolence is a good starting place for why Ron Paul is a loon. No other candidate sets off the alarms of skeptics for science, medicine, economics, racism, and religion the way Ron Paul does. NEW 2/08: FAQ: Ron Paul and his Racist Newsletter Ron Lawl provides a convenient FAQ rebutting the myriad excuses made for Ron Paul's longstanding activities with racists. Part of The Ron Paul Survival Report blog. NEW 2/08: Ron Paul's record in Congress Ron Paul's bizarre track record as a congressman, particularly those bills he sponsored or co-sponsored. NEW 4/08: Ron Paul Is Crazy A YouTube video from WebPundit points out why Ron Paul is an unrealistic candidate: because he offends almost everybody in one way or another.

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