June 2023 - cypherpunks - lists.cpunks.org

Warren Frets Yellen, Hsu 'Wrong' On Post-SVB Bank Mergers
by Gunnar Larson 28 Jun '23

28 Jun '23

Warren Frets Yellen, Hsu 'Wrong' On Post-SVB Bank Mergers By Jon Hill U.S. Sen. Elizabeth Warren called Tuesday for a check-in from top Biden administration regulators on where they stand with efforts to strengthen bank merger oversight, saying she's concerned that two of them have gone wobbly after the failures of Silicon Valley Bank and other regional lenders. Letter attached https://www.law360.com/capitalmarkets/articles/1693562?nl_pk=8da16ff7-f140-…

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Wells Fargo Sued Again Over Alleged Diversity Hiring Sham
by Gunnar Larson 28 Jun '23

28 Jun '23

Wells Fargo Sued Again Over Alleged Diversity Hiring Sham By Jeff Montgomery A Wells Fargo & Co. pension fund stockholder has hit the company with a Delaware Chancery Court suit for documents related to allegations that it used bogus interview records to obscure failures to meet hiring diversity obligations. https://www.law360.com/delaware/articles/1693449?nl_pk=55937051-a4cc-4230-8…

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New York Life Workers Seek Class Nod In 401(k) Suit
by Gunnar Larson 28 Jun '23

28 Jun '23

New York Life Workers Seek Class Nod In 401(k) Suit By Grace Elletson A group of current and former New York Life Insurance Co. workers asked for class status in their New York federal court lawsuit alleging the insurance giant retained underperforming proprietary investment funds in two retirement plans, arguing that their claims can be litigated in one fell swoop. Memorandum attached https://www.law360.com/newyork/articles/1693293?nl_pk=00e0f28d-575b-4889-8d…

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Ye Wants 'Life Of The Party' Copyright Suit Tossed
by Gunnar Larson 28 Jun '23

28 Jun '23

Ye Wants 'Life Of The Party' Copyright Suit Tossed By Elaine Briseño The rapper formerly known as Kanye West on Tuesday pushed for dismissal of a New York federal lawsuit that accuses him and his music labels, UMG and Def Jam, of copyright violation for allegedly incorporating beats and melodies from the song "South Bronx" into a version of "Life of the Party." 2 documents attached https://www.law360.com/newyork/articles/1693051?nl_pk=00e0f28d-575b-4889-8d…

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DOJ, Prof Spar Over Secret Jones Day VW Emissions Docs
by Gunnar Larson 28 Jun '23

28 Jun '23

DOJ, Prof Spar Over Secret Jones Day VW Emissions Docs By Linda Chiem The U.S. Department of Justice, Volkswagen and a Loyola Marymount University professor sparred in California federal court this week over whether a confidential Jones Day report on the German automaker's internal investigation into the 2015 emissions-cheating scandal should be made public. 3 documents attached https://www.law360.com/fintech/articles/1693453?nl_pk=bd316618-088c-4274-ab…

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No Freehold Title in cryptoanarchism
by pro2rat＠yahoo.com.au 28 Jun '23

28 Jun '23

Even long time carpetbaggers are coming around https://twitter.com/dlondonwortel/status/1673310171613782017?cxt=HHwWgoCzoY… Reposts exposing fraudulent cypherpunks to ridicule

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Bank of England proffers regulatory arbitrage opportunities
by professor rat 28 Jun '23

28 Jun '23

Either that or rotten smelling befouled British CLICKBAIT " Digital pound will be pseudonymous with a focus on privacy: BoE CBDC chief " https://cointelegraph.com/news/digital-pound-will-be-pseudonymous-with-a-fo… Reposts like Excalibur will appear at a time of grave danger for England On paper BRITcoin looks even better than Bitcoin! However not even the British constitution is worth the paper its not printed on.

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BREAKING: Trump Hush-Money Case Looks Bound For NY State Court
by Gunnar Larson 28 Jun '23

28 Jun '23

BREAKING: Trump Hush-Money Case Looks Bound For NY State Court By Pete Brush A New York federal judge strongly indicated Tuesday that he will return Manhattan District Attorney Alvin Bragg's criminal hush-money case against Donald Trump to state court, saying he would officially rule within two weeks. https://www.law360.com/legalethics/articles/1693431?nl_pk=a931e1a0-e840-4de…

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FOIL Request Confirmation from Open FOIL NY (DFS Investigation Finds Robinhood Crypto Failed to Maintain Effective and Compliant BSA/AML and Cybersecurity Programs)
by Gunnar Larson 27 Jun '23

27 Jun '23

---------- 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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Millennials Feel Shame Asking Their Parents for Money
by Gunnar Larson 27 Jun '23

27 Jun '23

Millennials and members of Gen Z are having a hard time becoming financially independent. Millennials Feel Shame Asking Their Parents for Money https://www.bloomberg.com/news/articles/2023-06-27/money-from-mom-and-dad-m…

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