March 2024 - cypherpunks - lists.cpunks.org

Memo #4 - Goldman Sachs Deferred Prosecution Agreement
by Gunnar Larson 07 Apr '24

07 Apr '24

https://docs.google.com/document/d/1ajVVx6NGB9wd2GDXfLRftf0RVFpqjl8WWITvdNV… March 10, 2022 BY ELECTRONIC MAIL Mr. John Marzulli United States Department of Justice Eastern District of New York 271 Cadman Plaza East Brooklyn New York, 11201 John.Marzulli(a)usdoj.gov Re: Memo #4 - Goldman Sachs Deferred Prosecution Agreement Dear Mr. Marzulli: The Department of Justice has yet to respond to Memo #1, Memo #2 and Memo #3 with our recent inquiry to the 1Malaysia Development Berhad Deferred Agreement. Goldman Sachs' Deferred Prosecution Agreement <https://www.justice.gov/usao-edny/pr/goldman-sachs-resolves-foreign-bribery…> with the United States of America is in potential breach, with ethical enforcement being concerned. Memo #4 aims to associate the malfeasance in Malaysia with war crimes of aggression (in the planning, initiation, or execution of a large-scale and serious act of aggression), leveraging the world’s only military divided capital city Nicosia, Cyprus. 1. Additionally, Memo #4 aims to earn the DOJ’s assessment of New York State’s regulatory marketplace manipulation deriving the war crime against peace, related to the planning, preparation, initiation, waging or participation in a common plan or conspiracy related to a war of aggression, which can only apply in relation to international armed conflict. 2. In this case, the first challenge is to observe and consider the simple idea that the DOJ’s Deferred Prosecution Agreement with Goldman Sachs alone, through means of regulatory arbitrage naively fails to recognize the ‘cause and effect’ relationship at play at the inception of Memo #4’s assertion of war crimes. 3. Even with the best of intentions, perhaps unknowingly the DOJ may be amplifying the effect of potential war crimes by indirectly supplementing the root cause of the problem and financial model of the Deferred Agreement being self-policing. Mr. Marzulli, there has been an active United Nations peacekeeping mission in Cyprus since the 1964 Turkish military invasion and occupation of the northern third of Cyprus. Only Turkey recognises the Turkish Republic of Northern Cyprus, while there is broad recognition that the ongoing military presence constitutes occupation of territories that are under Turkish military control. - The graduate education behind Memo #4 is a product of the University of Nicosia’s (UNIC) main campus, located adjacent to the United Nations Buffer Zone that separates the invaded Turkish Republic of North Cyprus and the Republic of Cyprus, which joined the European Union in 2004. - Memo #4 is also a product of United Nations consultancy, based at its Manhattan headquarters, where (today, what is now xNY.io - Bank.org) was credited with increasing the breadth and accessibility of reference content from the world’s most important multinational organization. - Memo #4’s subject of war crimes has preeminent association with such projects as the Audio Visual Library of International Law. Over the following sections, Memo #4 will provide a detailed timeline that would constitute real concern of the war crime of aggression yielding the war crime against peace in active war conflict in the world’s only military divided capital, funded from Manhattan Island. The Bank of Cyprus and Illegal Short Selling Irregularities of Turkey’s Markets Mr. Marzulli, turn this matter as we will, and look at it from any side whatsoever, and it presents the appearance of a cross-border act of aggression. Goldman Sachs’ potential disrespect to the Deferred Agreement’s core values has cultivated new crimes that aim to manipulate cross-border war crime regulatory frameworks. - On April 02, 2021 the Financial Times reported that Turkey fined Goldman Sachs over alleged irregularities in short selling, just a week after foreign investors pulled $1.9B from the country’s stock and bond markets. Turkey’s Capital Markets Board said that Goldman Sachs was among 10 securities firms that had placed orders for short selling without proper notification, violating rules enacted previously that temporarily prohibited such transactions. - On April 20, 2021 the CyprusMail (Cyprus’ only English Language daily newspaper) reported Goldman Sachs International acted as Global Coordinators and Dealer Managers in a $330M bond issuance for the Bank of Cyprus. Given the active military conflict in Cyprus, Memo #4 notes that there is one place on the planet you are not supposed to do this sort of thing. Furthermore, the DOJ’s Deferred Agreement with Goldman Sachs may have been tainted with the potential war crime of aggression, risking international peace and the lives of United Nations peacekeepers, while jeopardizing the United States of America’s financial security. Concern of New York Prime Bank Instrument Fraud and Marketplace Manipulation The United States Department of the Treasury warns that Prime Bank Instrument Fraud schemes have attracted significant international attention, since individuals and organizations have lost billions of dollars worldwide. "Prime Bank Instrument Fraud" is the general term given to prime bank fraud schemes that go by many different names. During April 2021, Goldman Sachs could not in good faith (and, plausible deniability) make any reasonable claim of holding a pristine relationship with Turkey’s Central Bank or with Cyprus’ largest financial institutions, given the 1Malaysia Development Berhad scandal and then pending Deferred Prosecution Agreement with the United States of America. - Memo #4 suggests that Goldman Sachs developed a Prime Bank Instrument Fraud program to level out yo-yo market dynamics caused by failed marketplace manipulation exercises in Turkey and Cyprus. - Systematic bank fraud and/or marketplace manipulation of any kind between Turkey and Cyprus could constitute the war crime of aggression. - Furthermore, Memo #4 argues that Goldman Sachs may have tried to bambooze governments in New York, Cyprus and Turkey through regulatory arbitrage loopholes, while Goldman seemingly may have not considered the totality of such actions as war crimes. Turkey has the highest inflation in Europe. It has the second-highest rate of inflation among emerging markets, just behind Argentina. It has the 13th highest inflation rate in the world, ranking it between South Sudan and Nigeria. After Goldman Sachs was fined for illegal stock and bond market short selling by the Turkish government, logic would argue further malfeasance potentially could have been avoided by the DOJ’s 1Malaysia Development Berhad investigation. - On April 15, 2021 CNBC reported that Goldman Sachs (note, the previous section’s milestones of April 02, 2021 and April 20, 2021) crucially removed its bias toward Turkey tightening interest rates. Goldman issued guidance highlighting the fact that the bank thought that, “…the removal of the tightening bias against rising inflation expectations suggests that the TCMB (Turkish Central Bank) now has a more dovish reaction function.” - On August 14, 2021 the CyprusMail reported serious concern among economists about data reporting from the Turkish Statistical Institute. Ahmet Takan, a former official with the office of the Turkish prime minister, acted as a whistle blower, warning that Turkey potentially was manipulating inflation data. - On September 1, 2021 Reuters reported that Goldman Sachs hiked Turkish growth forecasts. Goldman economists issued guidance stating, "Overall, the Turkish economy has been able to grow faster than we thought without a deterioration in its external balances, as the pickup in foreign demand has been very supportive." - On November 30, 2021 Reuters reported that Goldman Sachs trimed Turkey’s 2022 growth forecast. Goldman Sachs' Murat Unur stated, "We think that the GDP figures released today tell us little about the pace of economic activity going forward as the recent sell-off in the Lira is likely to impact economic activity significantly" Mr. Marzulli, the DOJ’s Deferred Prosecution Agreement with Goldman Sachs was signed on October 21, 2021. The timeline of events above do not coincide with terms and conditions of the Deferred Agreement mandated by the United States of America. Furthermore, as an international graduate scholars of the world’s only military divided capital on the planet, xNY.io - Bank.org should be protected from any association of crimes against peace, related to the planning, preparation, initiation, waging or participation in a common plan or conspiracy related to a war of aggression, which can only apply in relation to international armed conflict. War Crimes Against Humanity Mr. Marzulli, xNY.io - Bank.org is concerned that potential breaches to the Deferred Agreement are impacting our global enterprise. Crimes against humanity can be committed in peacetime as well as during an armed conflict. Even a single act could fall under this exclusion ground provided it forms part of a widespread or systematic attack against a civilian population and the act is committed by any person (including a civilian) who had knowledge of the attack and the link of the act to the attack. 1. We are looking to learn more about the DOJ’s approach to assessing any potential breaches to the Deferred Agreement’s mandates as we determine New York State’s role in cross-border bank regulation and corresponding innovation beyond war crimes against humanity. 2. In order to establish whether a war crime or a crime against humanity has been committed, the case officer should consult the relevant international instruments and case law. 3. Crimes against humanity are fundamentally inhumane acts, committed as part of a systematic or widespread attack. Inhumane acts, which could reach this threshold when committed pursuant to or in furtherance of a State or organizational policy (potentially, New York State bank regulation). 4. Persecution against any identifiable group or collectivity on political, racial, national, ethnic, cultural, religious, gender, or other grounds that are universally recognised as impermissible under international law. 5. Furthermore, we have made 28 highlights to the Deferred Agreement providing supporting reference to Memo #4’s overarching premise. xNY.io - Bank.org submits Memo #4 for DOJ consideration of other inhumane acts of a similar character intentionally causing great suffering, or serious injury to body or to mental or physical health. Some crimes against humanity would require an additional specific intent, such as Goldman Sachs willfully disrespecting New York State and/or overall peace and security of the United States of America. Memo #1, Memo #2, Memo #3 and Memo #4 outline instances that correspond with the associated definitions of the potential war crimes abroad and jeopardize the future of bank innovation from New York, at great sacrifice to the Homeland. We hope to learn the DOJ’s approach to comment on Memo #4’s subject matter or, without delay refer these concerns to the International Criminal Court and/or International Court of Justice for comment. Respectfully yours with anticipation, Gunnar Larson - xNY.io <http://www.xny.io> | Bank.org <http://bank.org>MSc <https://www.unic.ac.cy/blockchain/msc-digital-currency/?utm_source=Google&u…> - Digital Currency MBA <https://www.unic.ac.cy/business-administration-entrepreneurship-and-innovat…> - Entrepreneurship and Innovation (ip) G(a)xNY.io +1-646-454-9107

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S&C Advises Robinhood in $2.275 Billion Secured Revolving Credit Facility | Sullivan & Cromwell LLP
by Gunnar Larson 01 Apr '24

01 Apr '24

https://www.sullcrom.com/About/News-and-Events/Highlights/2022/April/SC-Adv… S&C Advises Robinhood in $2.275 Billion Secured Revolving Credit Facility April 18, 2022 Robinhood Securities, a clearing broker-dealer entity and a wholly owned subsidiary of Robinhood Markets, entered into an agreement in which a syndicate of banks led by JP Morgan Chase will provide Robinhood with a secured revolving credit facility of up to $2.275 billion.

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Re: Your Freedom of Information Law ("FOIL") Request FOIL-2023-095358-021587 - Robinhood BitLicense Records Appeal - NY-DFS
by Gunnar Larson 01 Apr '24

01 Apr '24

Dear Ms. Mazza: This is a friendly reminder xNY.io - Bank.org will not rest until we conclude the BitLicense RICO concern. Can we please receive an update on our dignified Robinhood records request appeal? Have a great day. Thank you, Gunnar -- Gunnar Larson xNY.io - Bank.org 917-580-8053 On Tue, Feb 27, 2024, 6:43 AM Gunnar Larson <g(a)xny.io> wrote: > Ms. Mazza: > > The five day deadline has passed. > > This is very important particular to xNY.io - Bank.org's concern of a > crypto RICO derrived out of the BitLicense. > > Ms. Mazza, when can xNY.io - Bank.org expect a response on the Robinhood > records? NY-DFS' records response to Coinbase was extremely helpful. > > Have a great day. > > Thank you, > > Gunnar > -- > Gunnar Larson > > xNY.io | Bank.org > > MSc - Digital Currency > MBA - Entrepreneurship and Innovation (ip) > > G(a)xNY.io > +1-917-580-8053 > New York, New York 10001 > > > On Wed, Feb 21, 2024, 2:21 PM Gunnar Larson <g(a)xny.io> wrote: > >> In accordance with Public Officers Law § 89(4), xNY.io - Bank.org elects >> to appeal this determination to withhold the Robinhood BitLicense Records. >> >> Turn this matter as we will, any side whatsoever appears to require >> obstruction of justice. >> >> We further demand NY-DFS send xNY.io - Bank.org an update on the >> aforementioned appeal within five (5) business days. >> >> Reserving all rights, xNY.io - Bank.org is seeking relevant relief in >> California on Robinhood. >> >> Warm regards, >> >> Gunnar >> >> ---- >> >> SENT VIA EMAIL >> Email: G(a)xny.io >> February 21, 2024 >> Mr. Gunnar Larson >> xNY.io – Bank.org >> 406 West 25th Street >> New York, NY 10001 >> Re: Freedom of Information Law (“FOIL”) Tracking No. 2023-095358 >> Dear Mr. Larson, >> I write in response to the FOIL request that you submitted to the New >> York State Department of Financial Services >> (“Department”), which has been assigned the above-referenced tracking >> number and reads as follows: >> 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 >> 1. 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 >> . >> 2. 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=drivesdk. >> 3. 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. >> To the extent the request is reasonably described, the Department >> construes the request as seeking the records, >> correspondence, and work product exchanged between Robinhood and the >> Department in accordance with the Department’s >> August 1, 2022 Consent Order (“responsive records”). >> The records that you seek relate to an ongoing Department investigation. >> Accordingly, your request is denied >> pursuant to Public Officers Law § 87(2)(e)(i) (the “law enforcement >> exemption”), which excepts from disclosure records >> that are compiled for law enforcement purposes and that, if disclosed, >> would interfere with law enforcement investigations. >> The purpose behind the law enforcement exemption is to protect an >> agency’s investigative process from being compromised >> by revealing the scope and nature of an agency's investigation before an >> investigation is complete. See Matter of Pittari v. >> Pirro, 258 A.D.2d 202 (2d Dep’t 1999). It also bears noting that the law >> enforcement exemption applies to both civil and >> criminal investigatory files. See Madeiros v. Dep’t of Educ., 30 N.Y.3d >> 67 (2017). In this instance, releasing the requested >> records would interfere with the Department’s investigative process. >> Thus, the Department is not disclosing the records that >> you request pursuant to Public Officers Law § 87(2)(e)(i). >> Moreover, in addition to withholding the responsive records pursuant to >> Public Officers Law § 87(2)(e)(i), the >> Department also is withholding the responsive records pursuant to Public >> Officers Law § 87(2)(a), which specifically >> exempts from disclosure records exempted by a state or federal statute. >> The applicable statutory provision is N.Y. Banking >> Law (“Banking Law”) § 36(10), which states, in pertinent part, that >> reports of examinations and investigations and >> correspondence and memoranda concerning or arising out of such >> examinations and investigations are confidential and shall >> not be made public. The statute fosters open communication between the >> Department and its regulated institutions, a >> necessity for effective regulation of financial institutions, by ensuring >> that records transmitted to the Department in >> connection with its supervision of a financial institution are protected >> from disclosure. >> The responsive records that were transmitted between Robinhood and the >> Department in connection with the >> Department’s supervision of Robinhood as a licensed money transmitter >> pursuant to New York Banking Law, constitute >> correspondence and reports concerning and arising out of an investigation >> and are, therefore, required to be kept confidential >> and exempt from disclosure under Banking Law § 36(10). The expectation >> that records transmitted to the Department will >> remain confidential is essential to encouraging candor and open >> communications between the Department, its regulated >> entities, and the entities undergoing regulatory review that submit such >> records. Release of such sensitive records, albeit >> responsive records, may have a chilling effect on the willingness of >> regulated entities to share information and cooperate >> with supervisors to resolve issues, and thus confidentiality is critical >> to the Department’s ability to perform its regulatory >> mandate and purpose. Accordingly, the exemption set forth in Public >> Officers Law § 87(2)(a) via Banking Law § 36(10) >> covers the responsive records. >> In accordance with Public Officers Law § 89(4), you may appeal this >> determination to withhold the records within >> 30 days by sending an email to FOIL.Appeals(a)dfs.ny.gov. >> Very truly yours, >> Stephanie Mazza >> Associate Attorney >> ---------- Forwarded message --------- >> From: <Stephanie.Mazza(a)dfs.ny.gov> >> Date: Wed, Feb 21, 2024, 1:26 PM >> Subject: Your Freedom of Information Law ("FOIL") Request >> FOIL-2023-095358-021587 >> To: <G(a)xny.io> >> >> >> Dear Mr. Larson: >> >> Attached please find the Department's determination regarding the >> aforementioned FOIL request. Because your request has been answered, your >> request is now closed. >> >> Tracking Number:FOIL-2023-095358-021587 >> >

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RUIN: Money, Ego and Deception at FTX
by Gunnar Larson 31 Mar '24

31 Mar '24

RUIN: Money, Ego and Deception at FTX https://www.bloomberg.com/news/videos/2023-10-26/ruin-money-ego-and-decepti…

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Your Dog Will Have an Anti-Aging Drug Before You Do
by Gunnar Larson 31 Mar '24

31 Mar '24

Your Dog Will Have an Anti-Aging Drug Before You Do https://www.bloomberg.com/opinion/articles/2024-03-30/anti-aging-drugs-want… Before we have an anti-aging drug for humans, we’re likely to have one for dogs. Multiple clinical trials are currently underway to test potential anti-aging compounds on dogs, since our best friends have become a popular animal model for human aging. Fido also represents a potentially huge market.

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AT&T Says Data From 73 Million Accounts Leaked on Dark Web
by Gunnar Larson 31 Mar '24

31 Mar '24

AT&T Says Data From 73 Million Accounts Leaked on Dark Web https://www.bloomberg.com/news/articles/2024-03-30/at-t-t-says-data-from-73… AT&T Inc. said that personal data from about 7.6 million current account holders and 65.4 million former customers was leaked onto the dark web.

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Hedge Funds Bet on Europe in Hunt for Next Leg of Stock Rally
by Gunnar Larson 31 Mar '24

31 Mar '24

Hedge Funds Bet on Europe in Hunt for Next Leg of Stock Rally https://www.bloomberg.com/news/articles/2024-03-30/hedge-funds-bet-on-europ… Investors are betting that Europe will drive the next leg of the global equity rally, broadening their playbooks as a more expensive US market evokes memories of the dot-com bubble.

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Cyber Liberty for Dummies
by pro2rat＠yahoo.com.au 31 Mar '24

31 Mar '24

When only the finest liberty will do https://medium.com/@uos/on-crypto-anarchy-and-cyber-liberty-ff9939e535ab Reposts not corporate crap from USG man, Gunfart Larceny

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Personal Liberty
by Gunnar Larson 31 Mar '24

31 Mar '24

Personal Liberty https://www.instagram.com/reel/C5LIAwWt-YL/?igsh=MXg0MHF2Z2E5cWs4Yg==

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California ideologies extolling West Coast technological innovation the appeal of its beaches and womenfolk.
by pro2rat＠yahoo.com.au 30 Mar '24

30 Mar '24

Isomerizor like a muthafucka https://www.theparisreview.org/blog/2013/06/26/goldrush-my-california-trip/

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