February 2024 - cypherpunks - lists.cpunks.org

Bank.org Concern of BitLicense Marketplace Manipulation
by Gunnar Larson 25 Feb '24

25 Feb '24

Subject: Bank.org Concern of BitLicense Marketplace Manipulation News out about BitGo is annoying, SEC. We messaged the SEC back in 2021: Full Del. High Court Asked To Revive $1.2B Crypto Merger <https://www.law360.com/mergersacquisitions/articles/1794819?nl_pk=a34c25b5-…> By Leslie A. Pappas Cryptocurrency wallet provider BitGo deserves the chance to go to trial with digital assets firm Galaxy Digital over their broken $1.2 billion merger because the dispute involves complex questions of administrative, agency and securities laws, as well as regulatory guidance, BitGo told Delaware's highest court Wednesday. 3 documents attached | Read full article » <https://www.law360.com/mergersacquisitions/articles/1794819?nl_pk=a34c25b5-…> | Save to favorites » <https://www.law360.com/mergersacquisitions/articles/1794819?nl_pk=a34c25b5-…> ---------- Forwarded message --------- July 25, 2021 BY ELECTRONIC MAIL United States Securities and Exchange Commission (SEC) 14420 Albemarle Point Place Suite 102 Chantilly, VA 20151-1750 ATTN: SEC TCR SUBMISSIONS Re: Bank.org Concern of BitLicense Marketplace Manipulation Dear Sir or Madam: Virtual currency fraud is a serious problem for such a developed country as the United States, whose bank regulators have drawn attention to the increase of these crimes. Having discovered that an unregulated virtual currency sphere (such as in Africa, or other developing markets) is very popular among virtual currency fraudsters, the New York State Department of Financial Services (NY-DFS) concluded that this kind of regulatory fraud was threatening U.S. national security. Bank.org’s NY-DFS Shelf Charter application journey has prompted us to contact the SEC with concern of common Directors at Facebook and PayPal (incl. Xoom) who have potentially manipulated the New York State Common Retirement Fund and New York State Teachers Retirement Fund through BitLicense marketplace manipulation tactics and computer crimes. Bank.org's key definition of virtual currency computer crimes is a consistent message across markets. These crimes are relatively new, having been in existence for only as long as Bitcoin has—which explains how unprepared society and the world, in general, is towards combating these crimes. We see this as no fault of NY-DFS and the original BitLicense mandate. Facebook and PayPal along with Goldman Sachs and Wells Fargo have leveraged BitLicensee connections to profit daily from virtual currency market manipulation structures with cross-border reach. PayPal's “Conditional BitLicense” may now be employed as a marketplace manipulation instrument. Meanwhile, common Directors at Facebook, PayPal (incl. Xoom) and Diem seemingly have collaborated in orchestrating a virtual currency marketplace manipulation exercise. The New York State Common Retirement Fund and New York State Teachers Retirement Fund are significant investors in Facebook, PayPal, Goldman Sachs and Wells Fargo. >From their California headquarters, Directors at PayPal (incl. Xoom) have potentially leveraged a Conditional BitLicense award in collaboration with common Directors at Facebook to engage in marketplace manipulation techniques. The Diem Association further shares common PayPal and Facebook Directors in a potential chain of virtual currency computer software and market manipulation architectures. Bank.org must take the necessary steps to guard against fraud and to be extra vigilant about manipulation. We seek SEC guidance on the aforementioned concerns as we organize a reputable Board of Directors for NY-DFS approval. Respectfully yours with appreciation, Gunnar Larson - xNY.io | Bank.org MSc - Digital Currency MBA - Entrepreneurship and Innovation (ip) G(a)xNY.io +1-646-454-9107

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[OpenRecords] Request FOIL-2024-056-05059 Submitted to New York City Police Department (NYPD)
by Gunnar Larson 25 Feb '24

25 Feb '24

---------- Forwarded message --------- From: <donotreply(a)records.nyc.gov> Date: Thu, Feb 22, 2024, 12:12 AM Subject: [OpenRecords] Request FOIL-2024-056-05059 Submitted to New York City Police Department (NYPD) To: <g(a)xny.io> Your request FOIL-2024-056-05059 has been successfully submitted to the New York City Police Department (NYPD). The details of your request are shown below. Request Title: NYPD Body Camera Footage, Gunnar Larson - February 21, 2024 Request Description: Body Worn Camera Request Type: Body Worn Camera *Body Worn Camera* Date of Incident: 02/21/2024 Time of Incident: 5:00 PM Precinct: Type of Incident: Location of Incident: 406 West 25th Street, 1RE, NY, NY 10001 Complaint/Arrest/Case #: Requester's Contact Information *Name:* Gunnar Larson *Title:* Co-Founder *Organization:* xNY.io - Bank.org *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-2024-056-05059.

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'Gullible' Lender Wins $2.8M Judgment Against Cannabis Co.
by Gunnar Larson 24 Feb '24

24 Feb '24

'Gullible' Lender Wins $2.8M Judgment Against Cannabis Co. <https://www.law360.com/cannabis/articles/1805693?nl_pk=c844ee6a-f80e-4e60-b…> By Jonathan Capriel A businessman who pitched opening a "lucrative cannabis operation" to a lender must pay back the $2.8 million borrowed, a Los Angeles County judge ruled, saying the entrepreneur took "advantage of" the financier's "lack of business sophistication." Order attached | Read full article » <https://www.law360.com/cannabis/articles/1805693?nl_pk=c844ee6a-f80e-4e60-b…> | Save to favorites » <https://www.law360.com/cannabis/articles/1805693?nl_pk=c844ee6a-f80e-4e60-b…>

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Trump Atty Sanctioned For Filing IP Suit On Gut Feelings
by Gunnar Larson 24 Feb '24

24 Feb '24

Trump Atty Sanctioned For Filing IP Suit On Gut Feelings <https://www.law360.com/legalethics/articles/1805817?nl_pk=153d4a8a-6fb9-4a5…> By Dani Kass A Florida federal judge has sanctioned an attorney who said he could "just know" if a product infringed his client's patents, rather than conducting a factual investigation — a move that the attorney claimed was backlash for representing former President Donald Trump elsewhere. 2 documents attached | Read full article » <https://www.law360.com/legalethics/articles/1805817?nl_pk=153d4a8a-6fb9-4a5…> | Save to favorites » <https://www.law360.com/legalethics/articles/1805817?nl_pk=153d4a8a-6fb9-4a5…>

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North Carolina Hospitals Can't Exit Monopoly Claims
by Gunnar Larson 24 Feb '24

24 Feb '24

North Carolina Hospitals Can't Exit Monopoly Claims <https://www.law360.com/competition/articles/1805409?nl_pk=6416fd97-1dc4-4e0…> By Katherine Smith Two healthcare companies cannot escape a consolidated antitrust suit claiming that a North Carolina hospital system drove up the price of health insurance for public employees, as a federal judge has found that the claims plausibly allege that the anti-competitive conduct occurred within the time window to sue. Memorandum attached | Read full article » <https://www.law360.com/competition/articles/1805409?nl_pk=6416fd97-1dc4-4e0…> | Save to favorites » <https://www.law360.com/competition/articles/1805409?nl_pk=6416fd97-1dc4-4e0…>

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Wolverine Wants Judgment, Sanctions In PFAS Coverage Row
by Gunnar Larson 24 Feb '24

24 Feb '24

Wolverine Wants Judgment, Sanctions In PFAS Coverage Row <https://www.law360.com/insurance/articles/1805660?nl_pk=59612751-8689-4b1e-…> By Elizabeth Daley Footwear company Wolverine asked a Michigan federal court Thursday to grant it a win and impose additional sanctions against its insurer for continued "flagrant disregard and willful disobedience of discovery orders" in a dispute over coverage of PFAS chemical injury suits that may set the tone for similar litigation. Brief attached | Read full article » <https://www.law360.com/insurance/articles/1805660?nl_pk=59612751-8689-4b1e-…> | Save to favorites » <https://www.law360.com/insurance/articles/1805660?nl_pk=59612751-8689-4b1e-…>

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New Group Aims To Help Attys Meet Middle Class Legal Needs
by Gunnar Larson 24 Feb '24

24 Feb '24

New Group Aims To Help Attys Meet Middle Class Legal Needs <https://www.law360.com/access-to-justice/articles/1791106?nl_pk=59612751-86…> By Daniel Connolly For middle-class Americans who may make too much money to qualify for legal aid services, affording an attorney to assist with civil matters like divorces and estate planning can still be a financial impossibility. The recently launched Above The Line Network, however, is on a mission to promote cost-conscious lawyering models to put legal services within economic reach for a big and underserved middle market. Read full article » <https://www.law360.com/access-to-justice/articles/1791106?nl_pk=59612751-86…> | Save to favorites » <https://www.law360.com/access-to-justice/articles/1791106?nl_pk=59612751-86…>

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Fwd: FOIL Request Confirmation from Open FOIL NY (Stacks (STX) Virtual Currency Custody Approval by New York State Department of Financial Services)
by Gunnar Larson 24 Feb '24

24 Feb '24

---------- Forwarded message --------- From: <noreply(a)its.ny.gov> Date: Tue, Jul 11, 2023, 2:48 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_20230711144828136 *INFORMATION SUBMITTED:* *Records Requested From* Department of Financial Services *Short Title* Stacks (STX) Virtual Currency Custody Approval by New York State Department of Financial Services *Description* Dear Madam or Sir: On July 22, 2022 NY-DFS denied xNY.io - Bank.org records access STX custody in New York. NY-DFS' memo to our attention suggests STX records were held as secret given a current investigation: https://drive.google.com/file/d/1xfUJA26SBOn_RYIV-yo6QefIWy5HgKTH/view?usp=…. Today, xNY.io - Bank.org renews our records access request and/or all NY-DFS correspondence regarding approval of Stacks (STX) custody in New York State: https://www.dfs.ny.gov/apps_and_licensing/virtual_currency_businesses/appro… ber”. Such records may include the approval letter sent by the Department regarding Blockstacks (STX), the virtual currency of Coinbase Custody Trust Company LLC (the “Requested Record”). Furthermore, we seek to learn if NY-DFS has a "confidential and shall not release" mandate relating to the STX and NYCCoin relationship similar to the Office of the Mayor of New York City. NY-DFS should be open to sharing STX records, as the City of Miami has here: https://drive.google.com/file/d/1IrQwP46alrnQXRxIoXxm8kifZMVTRB_x/view?usp=…. Warm regards, Gunnar Gunnar Larson xNY.io - Bank.org 917-580-8053 *Uploaded Files* *FOIL Response Format* Personal Inspection *If fees apply, please contact me if costs will be greater than* $1000 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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Texas Crypto Firm Sues SEC To Avoid 'Unlawful' Enforcement
by Gunnar Larson 24 Feb '24

24 Feb '24

Texas Crypto Firm Sues SEC To Avoid 'Unlawful' Enforcement <https://www.law360.com/fintech/articles/1805194?nl_pk=d2b3e7ef-ab62-4a62-80…> By Aislinn Keely A Texas-based crypto firm has sued the U.S. Securities and Exchange Commission in a bid to convince a Texas federal court to find that digital assets traded on public exchanges are not securities and protect it from potential registration enforcement cases. Complaint attached | Read full article » <https://www.law360.com/fintech/articles/1805194?nl_pk=d2b3e7ef-ab62-4a62-80…> | Save to favorites » <https://www.law360.com/fintech/articles/1805194?nl_pk=d2b3e7ef-ab62-4a62-80…>

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Wash. AG Can't Go It Alone Against Kroger Merger, Cos. Say
by Gunnar Larson 24 Feb '24

24 Feb '24

Wash. AG Can't Go It Alone Against Kroger Merger, Cos. Say <https://www.law360.com/competition/articles/1805764?nl_pk=6416fd97-1dc4-4e0…> By Greg Lamm Kroger and Albertsons have urged a judge to toss Washington state's "go-it-alone" bid to block their $24.6 billion merger deal, arguing the anti-competitive concerns raised by the state's attorney general are not a nationwide antitrust issue. Motion attached | Read full article » <https://www.law360.com/competition/articles/1805764?nl_pk=6416fd97-1dc4-4e0…> | Save to favorites » <https://www.law360.com/competition/articles/1805764?nl_pk=6416fd97-1dc4-4e0…>

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