November 2023 - cypherpunks - lists.cpunks.org

Fwd: Your Freedom of Information Law (FOIL) Request FOIL-2023-095358-020881DFS Investigation Finds Robinhood Crypto Failed to Maintain Effective and Compliant BSA/AML and Cybersecurity Programs
by Gunnar Larson 14 Nov '23

14 Nov '23

---------- Forwarded message --------- From: <Joanne.Verdejo(a)dfs.ny.gov> Date: Fri, Nov 3, 2023, 1:22 PM Subject: Your Freedom of Information Law (FOIL) Request FOIL-2023-095358-020881 To: <G(a)xny.io> Good afternoon, Attached please find correspondence from the NYS Department of Financial Services, pertaining to your FOIL request. Thank you. Tracking Number:FOIL-2023-095358-020881 Re: FOIL Tracking No. 2023-095358 Dear Gunnar Larson: I write with respect to your above-referenced FOIL request. The New York State Department of Financial Services (DFS) requires additional time to respond to your request, assigned the tracking number 2023-095358, because we are still processing your request. DFS intends to provide its determination of your request by December 22, 2023. We appreciate your continued patience. Thank you. ---------- Forwarded message --------- From: <noreply(a)its.ny.gov> Date: Tue, Jun 27, 2023, 6:52 PM Subject: FOIL Request Confirmation from Open FOIL NY To: <G(a)xny.io> Thank you for submitting your FOIL request through Open FOIL NY. Here is your Open FOIL NY confirmation information for future reference: LARSON_DFS_20230627185237536 INFORMATION SUBMITTED: Records Requested From Department of Financial Services Short Title DFS Investigation Finds Robinhood Crypto Failed to Maintain Effective and Compliant BSA/AML and Cybersecurity Programs Description Dear Madam or Sir: On August 2, 2022 the Superintendent of Financial Services Adrienne A. Harris announced that Robinhood Crypto, LLC (“RHC”) would pay a $30 million penalty to New York State for significant failures in the areas of bank secrecy act/anti-money laundering (“BSA/AML”) obligations and cybersecurity that resulted in violations of the Department’s Virtual Currency Regulation (23 NYCRR Part 200), Money Transmitter Regulation (3 NYCRR Part 417), Transaction Monitoring Regulation (23 NYCRR Part 504), and Cybersecurity Regulation (23 NYCRR Part 500). xNY.io - Bank.org would like to receive any and all records related to NY-DFS' investigation of Robinhood Crypto. Including (but not limited to) records concerning the bespoke Supervisory Agreement Robinhood Crypto has with the Department of Financial Services mentioned here: https://www.dfs.ny.gov/reports_and_publications/press_releases/pr202208021. In addition, xNY.io - Bank.org seeks any and all records concerning New York's approach to Robinhood Crypto and Goldman Sachs compliance programs mandated by the United States Department of Justice, Criminal Division, Fraud Section and Money Laundering and Asset Recovery Section mentioned here: https://drive.google.com/file/d/1Yx88RMoeLyyfbNK0RtPl4r-m8N21_1Sp/view?usp=…. Finally, xNY.io - Bank.org seeks records concerning New York's regulatory approval of Robinhood Crypto engaging a fine of $30M to implement heightened controls and additional procedures and policies relating to electronic surveillance and investigation, due diligence on transactions or clients and the use of third-party intermediaries across business units; and enhancing anti-corruption training for all management and relevant employees. Warm regards, Gunnar Larson xNY.io - Bank.org 917-580-8053 Uploaded Files FOIL Response Format Email If fees apply, please contact me if costs will be greater than $10000 Your FOIL request has been forwarded to the organization(s) you selected, and the respective Records Access Officer will contact you directly for further processing of your request. Please allow up to five business days for such communication(s). For your convenience, here is additional contact information: Department of Financial Services One State Street 20th Floor New York, NY 10004

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Goldman Keeps Getting More Boring
by Gunnar Larson 14 Nov '23

14 Nov '23

Goldman Keeps Getting More Boring https://www.bloomberg.com/opinion/articles/2023-11-14/goldman-keeps-getting… At Business Insider, Bethany McLean writes about an unusual problem that afflicts her and me and a handful of other journalists, which is (disclosure!) that we used to work at Goldman Sachs Group Inc., and now we write about finance, and we try to be fair and thoughtful, but we still have some rooting interest in Goldman’s mystique.

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Ghacks: Mullvad's public encrypted DNS Servers run in RAM now
by jdb10987＠yahoo.com 13 Nov '23

13 Nov '23

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Brian Pak needs killing ( my 2k sats )
by pro2rat＠yahoo.com.au 13 Nov '23

13 Nov '23

Brian Pak is CEO & Co-Founder of ChainLight, an award-winning blockchain security firm that specializes in smart contract audits and on-chain monitoring. He is also a co-founder of Theori, an established US-based offensive cybersecurity company, since 2016, which he still leads today, having now amassed trusted partners including Microsoft, Google and Samsung. Brian’s early career started when he co-founded and developed Kaprica Security, inventing and patenting the Skorpion Charger, an Android mobile charger that can detect malicious software with no user action required. He has worked on research and development projects with the Defense Advanced Research Projects Agency (DARPA) of the US. Brian is also a founder of the team PPP (Plaid Parliament of Pwning) which won DEF CON CTF, one of the most prestigious hacker competitions held in Las Vegas, in 2013, 2014, 2016, 2017, 2019, 2022 and 2023. Brian graduated with a Masters Degree in Software Security Research from Carnegie Mellon University.

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Fwd: [OpenRecords] Request FOIL-2023-836-00688 Extended
by Gunnar Larson 13 Nov '23

13 Nov '23

---------- Forwarded message --------- From: <donotreply(a)records.nyc.gov> Date: Tue, Oct 17, 2023, 2:52 PM Subject: [OpenRecords] Request FOIL-2023-836-00688 Extended To: <g(a)xny.io> The Department of Finance (DOF) has *extended* the time to respond to your FOIL request FOIL-2023-836-00688 <https://a860-openrecords.nyc.gov/request/view/FOIL-2023-836-00688> for the following reasons: You can expect a response on or about Friday, December 15, 2023. Additional Information: As indicated above, we are extending the time to respond because we are working on locating and compiling responsive records, after which we must subject records to legal review. Thank you for your continued patience. Please visit FOIL-2023-836-00688 <https://a860-openrecords.nyc.gov/request/view/FOIL-2023-836-00688> to view additional information and take any necessary action. ---------- Forwarded message --------- From: <donotreply(a)records.nyc.gov> Date: Fri, Jul 21, 2023, 10:22 AM Subject: [OpenRecords] Request FOIL-2023-836-00688 Acknowledged To: <g(a)xny.io> The Department of Finance (DOF) has acknowledged your FOIL request FOIL-2023-836-00688. You can expect a response on or about Tuesday, October 17, 2023. Additional Information: Hello, we are extending your request because our office needs more time to fulfill your request. We are finding and reviewing your requested records and you should hear from us by the date indicated above. We appreciate your patience as we subject each page of each record to legal review while processing other FOIL requests.Thank you for your continued patience. Please visit FOIL-2023-836-00688 to view additional information and take any necessary action. Your request FOIL-2023-836-00688 has been successfully submitted to the Department of Finance (DOF). The details of your request are shown below. Request Title: Mayor Eric Adams and Bitcoin Request Description: Dear Madam or Sir: Mayor Adams announced paychecks will automatically be converted into cryptocurrency via Coinbase, a secure online platform for buying, selling, transferring, and storing digital currency. https://www.nyc.gov/office-of-the-mayor/news/041-22/mayor-adams-receive-fir… xNY.io kindly requests access to records concerning the payment structure related to this payment vehicle. Additionally, we would like any records concerning the City’s due diligence of the online payment platform's compliance to New York State investigation. Thank you, Gunnar Larson 917-580-8053 Requester's Contact Information Name: Gunnar Larson Title: Not provided Organization: Not provided Email: g(a)xny.io Phone Number: Not provided Fax Number: Not provided Street Address (line 1): 406 West 25th Street Street Address (line 2): Not provided City: New York State: NY Zip Code: 10001 You can view the request and take any necessary action at the following webpage: https://a860-openrecords.nyc.gov/request/view/FOIL-2023-836-00688

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Zeke Faux on Crypto and the Digital Asset Frenzy (Podcast)
by Gunnar Larson 12 Nov '23

12 Nov '23

Just listened to this. Really good. Highly recommend. ------ Zeke Faux on Crypto and the Digital Asset Frenzy (Podcast) https://www.bloomberg.com/news/audio/2023-11-02/zeke-faux-on-crypto-and-the…

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FTX Adds a Complex Chapter to the Financial-Fraud History Books
by Gunnar Larson 12 Nov '23

12 Nov '23

When former crypto titan Sam Bankman-Fried was convicted of seven counts of fraud and conspiracy on Nov. 2, US Attorney Damian Williams called the case “one of the biggest financial frauds in American history.” FTX Adds a Complex Chapter to the Financial-Fraud History Books https://www.bloomberg.com/news/articles/2023-11-12/ftx-adds-a-complex-chapt…

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Apple’s Top iPhone Supplier Goes to Outer Space With New Satellites
by Gunnar Larson 12 Nov '23

12 Nov '23

Company launches first two LEO satellites on a SpaceX rocket Apple’s Top iPhone Supplier Goes to Outer Space With New Satellites https://www.bloomberg.com/news/articles/2023-11-12/apple-s-top-iphone-suppl…

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PayPal (PYPL) Faces SEC Subpoena Over Its PYUSD Stablecoin
by Gunnar Larson 12 Nov '23

12 Nov '23

NY-DFS Superintendents have an interesting track record, don't they? Right now there is an FTX, STX, PYUSD ... Deeffered Agreement Scandal ongoing. Meanwhile, the FBI is working hard to get the Mayor on the right track. But, the womanizing in New York is something our firm is innovating beyond. By the way, if X.com's logo is ripping off any other deferred agreement we will need to protect our interests. These board of directors did this to themselves. ----- PayPal Faces SEC Subpoena Over Its PYUSD Stablecoin In August, PayPal said it would introduce its own U.S. dollar-pegged stablecoin, PayPal USD. By Amitoj Singh https://www.coindesk.com/policy/2023/11/02/us-sec-subpoenas-paypal-about-us…

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PayPal seeks Xoom sale - Insider Intelligence Trends, Forecasts & Statistics
by Gunnar Larson 12 Nov '23

12 Nov '23

Tomorrow we asked NY-DFS to be honest with us on Apple Card and if that somehow led to the Deferred Agreement expiration date being observed or not observed. But the FBI and SEC should be honest about who blew the wistle and why. What I gather is it may not be the FBI or the SEC's fault. They were caught in a New York womanizing scandal with our last Governor and Superintendent. PYUSD is one of those things that only makes PayPal' Chairman *John Joseph Donahoe II look suspicious. * ----- https://www.insiderintelligence.com/content/paypal-could-offload-xoom-refoc… The news: PayPal is reportedly exploring the sale of its remittance service Xoom, according to The Information, which cited a person familiar with the matter. The payments firm is working with Goldman Sachs on the sale and looking for prospective buyers.

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