March 2024 - cypherpunks - lists.cpunks.org

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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Before cryptoanarchy there was High Times anarchy
by pro2rat＠yahoo.com.au 30 Mar '24

30 Mar '24

Correlation not causation but this came out a decade before the cryptoanarchist manifesto Firewalled Firewalled like Bloomberg clickbait https://archive.hightimes.com/article/1978/11/1/anarchy >From memory of my own copy, thats survived almost 50 years, this isn't the worst potted history of anarchism you might ever read. Not the greatest either, but the timing is interesting. Mong almost certainly wanted to revive the discredited corpse of Murray Rothbard. Except he did reside in California most of his rotten life. Presented in the interest of non revisionist list history, oh, and buttbongs. Bong on!

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Bank.org Concern of BitLicense Marketplace Manipulation
by Gunnar Larson 30 Mar '24

30 Mar '24

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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