January 2024 - cypherpunks - lists.cpunks.org

Special Prosecutor Settles Divorce Amid DA Romance Rumors
by Gunnar Larson 31 Jan '24

31 Jan '24

Special Prosecutor Settles Divorce Amid DA Romance Rumors <https://www.law360.com/fintech/articles/1792029?nl_pk=d2b3e7ef-ab62-4a62-80…> By Kelcey Caulder Fulton County special prosecutor Nathan Wade and his estranged wife temporarily settled their divorce case Tuesday, weeks after allegations arose that Wade was engaging in a "clandestine" personal relationship with Fani Willis, the district attorney overseeing the Georgia election interference case. Order attached | Read full article » <https://www.law360.com/fintech/articles/1792029?nl_pk=d2b3e7ef-ab62-4a62-80…> | Save to favorites » <https://www.law360.com/fintech/articles/1792029?nl_pk=d2b3e7ef-ab62-4a62-80…>

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Texas AG Paxton Gets Pause On Depos In Whistleblower Suit
by Gunnar Larson 31 Jan '24

31 Jan '24

Texas AG Paxton Gets Pause On Depos In Whistleblower Suit <https://www.law360.com/legalethics/articles/1792039?nl_pk=153d4a8a-6fb9-4a5…> By Hailey Konnath The Texas Supreme Court on Tuesday paused a trial court's order directing Attorney General Ken Paxton to sit for depositions in a retaliation suit brought by former senior staffers, granting an emergency motion filed by Paxton just days after a state appeals court refused to step in. Read full article » <https://www.law360.com/legalethics/articles/1792039?nl_pk=153d4a8a-6fb9-4a5…> | Save to favorites » <https://www.law360.com/legalethics/articles/1792039?nl_pk=153d4a8a-6fb9-4a5…>

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US Trustee Opposes 'Backdoor' Releases In Genesis Ch. 11
by Gunnar Larson 31 Jan '24

31 Jan '24

US Trustee Opposes 'Backdoor' Releases In Genesis Ch. 11 <https://www.law360.com/fintech/articles/1791798?nl_pk=d2b3e7ef-ab62-4a62-80…> By Jonathan Romeo The U.S. Trustee's Office is challenging cryptocurrency company Genesis Global's Chapter 11 plan, arguing it would improperly pay certain legal fees without court approval, include overbroad releases and allow for an "impermissible backdoor third-party release." Response attached | Read full article » <https://www.law360.com/fintech/articles/1791798?nl_pk=d2b3e7ef-ab62-4a62-80…> | Save to favorites » <https://www.law360.com/fintech/articles/1791798?nl_pk=d2b3e7ef-ab62-4a62-80…>

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Ex-Pfizer Compliance Officer Revamps Whistleblower Suit
by Gunnar Larson 31 Jan '24

31 Jan '24

Ex-Pfizer Compliance Officer Revamps Whistleblower Suit <https://www.law360.com/governmentcontracts/articles/1791860?nl_pk=4126fe73-…> By Hannah Albarazi A former Pfizer compliance officer said he endured harassment and discrimination before being fired in retaliation for reporting the pharmaceutical giant to the U.S. Securities and Exchange Commission over concerns that it was potentially violating the Foreign Corrupt Practices Act, according to an amended complaint filed in California federal court. 1 document attached | Read full article » <https://www.law360.com/governmentcontracts/articles/1791860?nl_pk=4126fe73-…> | Save to favorites » <https://www.law360.com/governmentcontracts/articles/1791860?nl_pk=4126fe73-…>

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Fwd: Your Freedom of Information Law (FOIL) Request FOIL-2023-095358-021437 - DFS Investigation Finds Robinhood Crypto Failed to Maintain Effective and Compliant BSA/AML and Cybersecurity Programs
by Gunnar Larson 31 Jan '24

31 Jan '24

---------- Forwarded message --------- From: <Joanne.Verdejo(a)dfs.ny.gov> Date: Wed, Jan 31, 2024, 12:35 PM Subject: Your Freedom of Information Law (FOIL) Request FOIL-2023-095358-021437 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-2023-095358-021437 --- SENT VIA EMAIL G(a)xny.io January 31, 2024 Gunnar Larson xNY.io Bank.org 406 West 25th Street New York, NY 10001 Re: FOIL Tracking No. 2023-095358 Dear Gunnar Larson: I write with respect to your above-referenced FOIL request, assigned the tracking number 2023- 095358. The New York State Department of Financial Services (DFS) requires additional time to complete its response to your request. DFS anticipates completing your request on or about March 8, 2024. 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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4th Circ. Revives Combat IP Theft Suit Against Israeli Co
by Gunnar Larson 31 Jan '24

31 Jan '24

4th Circ. Revives Combat IP Theft Suit Against Israeli Co. <https://www.law360.com/governmentcontracts/articles/1791745?nl_pk=4126fe73-…> By Dorothy Atkins The Fourth Circuit on Tuesday revived an American combat training company's trade secret theft lawsuit against an Israeli company, its U.S. affiliate, a military officer and the Israeli Ministry of Defense, finding the trial court wrongly relied on a prior judgment, which didn't address the Delaware-based affiliate. Opinion attached | Read full article » <https://www.law360.com/governmentcontracts/articles/1791745?nl_pk=4126fe73-…> | Save to favorites » <https://www.law360.com/governmentcontracts/articles/1791745?nl_pk=4126fe73-…>

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West Point Tells Justices Challenge To Admissions Is Too Late
by Gunnar Larson 31 Jan '24

31 Jan '24

West Point Tells Justices Challenge To Admissions Is Too Late <https://www.law360.com/newyork/articles/1791600?nl_pk=ac5a3855-e47c-4403-be…> By Katie Buehler West Point military academy urged the U.S. Supreme Court on Tuesday to deny Students for Fair Admissions Inc.'s request for a court order prohibiting the academy from using race in admissions decisions while a lawsuit is pending, alleging the group's "manufactured" need for relief is too late. Response attached | Read full article » <https://www.law360.com/newyork/articles/1791600?nl_pk=ac5a3855-e47c-4403-be…> | Save to favorites » <https://www.law360.com/newyork/articles/1791600?nl_pk=ac5a3855-e47c-4403-be…>

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NRA GC Says LaPierre Sidestepped Some Legal Approvals
by Gunnar Larson 31 Jan '24

31 Jan '24

NRA GC Says LaPierre Sidestepped Some Legal Approvals <https://www.law360.com/compliance/articles/1791851?nl_pk=ab5ce197-c1fb-4d8e…> By Rachel Scharf The general counsel of the National Rifle Association defended former CEO Wayne LaPierre as "very open and honest" during testimony in the New York attorney general's fraud trial Tuesday, but said LaPierre at times made consequential legal decisions without consulting him or the organization's board. Read full article » <https://www.law360.com/compliance/articles/1791851?nl_pk=ab5ce197-c1fb-4d8e…> | Save to favorites » <https://www.law360.com/compliance/articles/1791851?nl_pk=ab5ce197-c1fb-4d8e…>

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The Questions Around Prometheum's SEC-Compliant Strategy
by Gunnar Larson 31 Jan '24

31 Jan '24

The Questions Around Prometheum's SEC-Compliant Strategy <https://www.law360.com/banking/articles/1789752?nl_pk=feb6bbba-7878-4d39-be…> While the rest of the crypto industry has been engaged in a long-running battle to escape the U.S. Securities and Exchange Commission's jurisdiction, a once-obscure startup called Prometheum has instead embraced the SEC's view to become the first crypto special-purpose broker-dealer, but it's unclear whether it can turn its favored status into a workable business, says Keith Blackman at Bracewell. Read full article » <https://www.law360.com/banking/articles/1789752?nl_pk=feb6bbba-7878-4d39-be…> | Save to favorites » <https://www.law360.com/banking/articles/1789752?nl_pk=feb6bbba-7878-4d39-be…>

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Terraform Will Use Ch. 11 To Craft Appeal Of SEC Crypto Case
by Gunnar Larson 31 Jan '24

31 Jan '24

Terraform Will Use Ch. 11 To Craft Appeal Of SEC Crypto Case <https://www.law360.com/banking/articles/1791691?nl_pk=feb6bbba-7878-4d39-be…> By Alex Wittenberg An executive for crypto company Terraform Labs told the Delaware bankruptcy court Tuesday it has sought Chapter 11 protection mainly to delay a potentially existential U.S. Securities and Exchange Commission penalty tied to the implosion of its algorithmic stablecoin, the collapse of which in 2022 provoked a widespread crash in cryptocurrency markets. 2 documents attached | Read full article » <https://www.law360.com/banking/articles/1791691?nl_pk=feb6bbba-7878-4d39-be…> | Save to favorites » <https://www.law360.com/banking/articles/1791691?nl_pk=feb6bbba-7878-4d39-be…>

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