March 2024 - cypherpunks - lists.cpunks.org

Wells Fargo Overcharged Military Members, Suit Says
by Gunnar Larson 22 Mar '24

22 Mar '24

Wells Fargo Overcharged Military Members, Suit Says <https://www.law360.com/banking/articles/1815890?nl_pk=feb6bbba-7878-4d39-be…> By Travis Bland Wells Fargo was hit with a potential class action Wednesday alleging that the bank violated federal law and broke a program's promises by overcharging active duty military members in fees and interest while trying to hide the indiscretion. Complaint attached | Read full article » <https://www.law360.com/banking/articles/1815890?nl_pk=feb6bbba-7878-4d39-be…> | Save to favorites » <https://www.law360.com/banking/articles/1815890?nl_pk=feb6bbba-7878-4d39-be…>

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Cigna Slams Suit's Claims Of Algorithm-Led Coverage Denials
by Gunnar Larson 22 Mar '24

22 Mar '24

Cigna Slams Suit's Claims Of Algorithm-Led Coverage Denials <https://www.law360.com/health/articles/1816142?nl_pk=6422bbc2-a823-4be5-9a9…> By Brian Steele Insurance giant Cigna Group wants a Connecticut federal court to toss a proposed class action alleging that an algorithm unlawfully rejected hundreds of thousands of claims en masse and without a proper review, arguing the suit is based on a "misleading" news article and shows a misunderstanding of the health insurer's claim denial process. 2 documents attached | Read full article » <https://www.law360.com/health/articles/1816142?nl_pk=6422bbc2-a823-4be5-9a9…> | Save to favorites » <https://www.law360.com/health/articles/1816142?nl_pk=6422bbc2-a823-4be5-9a9…>

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Unabomber Prosecutor To Probe FTX's Sullivan & Cromwell Ties
by Gunnar Larson 22 Mar '24

22 Mar '24

Unabomber Prosecutor To Probe FTX's Sullivan & Cromwell Ties <https://www.law360.com/governmentcontracts/articles/1816300?nl_pk=4126fe73-…> By Emily Lever The Delaware bankruptcy court overseeing the Chapter 11 case of FTX Trading Ltd. has approved the appointment of a former federal prosecutor, whose experience includes work on the Unabomber case, to delve into accusations Sullivan & Cromwell is conflicted as debtor's counsel. Order attached | Read full article » <https://www.law360.com/governmentcontracts/articles/1816300?nl_pk=4126fe73-…> | Save to favorites » <https://www.law360.com/governmentcontracts/articles/1816300?nl_pk=4126fe73-…>

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Silvergate Must Face Investor Suit Over FTX Ties, Judge Says
by Gunnar Larson 22 Mar '24

22 Mar '24

Silvergate Must Face Investor Suit Over FTX Ties, Judge Says <https://www.law360.com/capitalmarkets/articles/1816289?nl_pk=abe82add-2a33-…> By Katryna Perera The now-defunct Silvergate Bank and its CEO must face a proposed class action brought by customers of bankrupt cryptocurrency exchange FTX, a California federal judge ruled Wednesday, finding that Silvergate owed a duty to FTX customers and that its conduct harmed them. Order attached | Read full article » <https://www.law360.com/capitalmarkets/articles/1816289?nl_pk=abe82add-2a33-…> | Save to favorites » <https://www.law360.com/capitalmarkets/articles/1816289?nl_pk=abe82add-2a33-…>

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3rd Circ. Says CFPB Can Go After Student Loan Trusts
by Gunnar Larson 22 Mar '24

22 Mar '24

3rd Circ. Says CFPB Can Go After Student Loan Trusts <https://www.law360.com/compliance/articles/1815145?nl_pk=ab5ce197-c1fb-4d8e…> By Jon Hill The Third Circuit ruled Tuesday that the Consumer Financial Protection Bureau can carry on with its debt collection practices suit against a group of Delaware student loan trusts, rejecting their claims that they are just passive financing entities outside the reach of the agency's enforcement authority. Decision attached | Read full article » <https://www.law360.com/compliance/articles/1815145?nl_pk=ab5ce197-c1fb-4d8e…> | Save to favorites » <https://www.law360.com/compliance/articles/1815145?nl_pk=ab5ce197-c1fb-4d8e…>

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AI Misuse Will Drive Cyber Insurance Demand, Actuary Says
by Gunnar Larson 22 Mar '24

22 Mar '24

AI Misuse Will Drive Cyber Insurance Demand, Actuary Says <https://www.law360.com/cybersecurity-privacy/articles/1815596?nl_pk=3dfd2fd…> By Joel Poultney The use of artificial intelligence by criminals and other evolving threats will boost demand for cyber-insurance for at least the next decade, according to analysis published Wednesday by actuarial consultancy OAC. Read full article » <https://www.law360.com/cybersecurity-privacy/articles/1815596?nl_pk=3dfd2fd…> | Save to favorites » <https://www.law360.com/cybersecurity-privacy/articles/1815596?nl_pk=3dfd2fd…>

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Prior Knowledge Exclusion Bars Coverage For Lawsuit Premised On School Officials' Knowledge Of Abuse - Insurance Laws and Products - United States
by Gunnar Larson 22 Mar '24

22 Mar '24

https://www.mondaq.com/unitedstates/insurance-laws-and-products/1435978/pri… An Arkansas federal court, applying Arkansas law, has held that a prior knowledge exclusion in an employment practices liability policy issued to a school barred coverage for a lawsuit alleging that the assistant principal engaged in longstanding sexual abuse that had been reported numerous times. Berkley Assur. Co. v. Springdale Pub. Schs., 2024 WL 666500 (W.D. Ark. Feb. 17, 2024). In the underlying lawsuit, a former student alleged that the school's assistant principal groomed, stalked, and repeatedly sexually assaulted her over a period lasting more than three years. During that time, according to the underlying complaint, at least eight school employees and the former student's grandfather reported their suspicions or observations of abuse to the school's principal. Moreover, the assistant principal had pled guilty to a criminal sexual assault charge involving three minor female victims. The former student alleged that, despite receiving repeated notice, neither the principal nor the school district did anything to stop the abuse. The school's employment practices liability insurer denied coverage based on the policy's prior knowledge exclusion and filed a declaratory judgment action to confirm that it owed no coverage to the assistant principal, principal, or school district. The prior knowledge exclusion barred coverage for any claim "[a]rising from any circumstance(s) or incident(s) which might reasonably be expected to give rise to a Claim hereunder, which is either known or reasonably should have been known to the Insured prior to the Inception of this policy and not disclosed to the Company prior to inception." The court granted summary judgment in favor of the insurer, holding that the prior knowledge exclusion barred coverage entirely because each cause of action asserted was predicated on prior knowledge. The court found that, because abuse involves intentional acts, an abuser necessarily has prior knowledge of his own misconduct. As to the principal and school district, each cause of action lodged against them involved facts that necessarily implicated their prior knowledge. The court noted that its conclusion did not require presupposing the underlying allegations to be true but instead rested on whether coverage was even possibly owed based on the facts alleged.

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Fwd: Mining.NYC
by Gunnar Larson 22 Mar '24

22 Mar '24

---------- Forwarded message --------- From: Jamil Dhanani <jamil.dhanani(a)gmail.com> Date: Sun, Nov 14, 2021, 4:46 PM Subject: Re: Mining.NYC To: Gunnar Larson <g(a)xny.io> Thanks for the kind words, appreciate it :) And also, the government of New York hasn’t claimed the City Wallet for NYCCoin like Miami has. I’m not sure anyone received the reward for Miami as Patrick’s been in communication with the government directly, to my understanding. Best, — Jamil On Nov 14, 2021, at 9:00 AM, Gunnar Larson <g(a)xny.io> wrote: Jamil: With JoinFreehold.com, who received the the reward for NYCCoin? Thank you, Gunnar Get mayors to adopt their CityCoin Reward: $25,000 per city Expiration: End of year Supporting a city should be as simple as buying and holding its associated CityCoin. Get cities to #pickupthebag. On Sun, Nov 14, 2021, 1:06 AM Jamil Dhanani <jamil.dhanani(a)gmail.com> wrote: > Patrick Stanley founded CityCoins and is the current community lead, his > Twitter is here: https://twitter.com/PatrickWStanley > <https://twitter.com/PatrickWStanley?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%…> > > As to the funding, I don’t know; I’m actually fairly new to the Stacks > community and wasn’t around when the funding was raised and during the > initial ICO; what do you mean by CN? China? I haven’t seen too many people > from China involved in the CityCoins project; most people I know that are > involved are US-based. > > — Jamil > > Sent from my iPhone > > On Nov 13, 2021, at 9:53 PM, Gunnar Larson <g(a)xny.io> wrote: > > > Jamil: > > Good to know. Thanks for your quick response. > > Do you know who is behind CityCoins.co? The domain is registered out of > Iceland :) > > STX has a lot of funding from CN. For crypto, how does that affect > CityCoins.co, if at all? > > Thank you, > > Gunnar > > On Sun, Nov 14, 2021, 12:47 AM Jamil Dhanani <jamil.dhanani(a)gmail.com> > wrote: > >> That’s an old domain I used to own, I don’t own it anymore, I need to >> change the registrar info for the new domains I own. I’m not affiliated >> with the current owners/site of caelus.ca >> >> NewYorkCoin is not affiliated with NYCCoin; NYCCoin is part of the >> CityCoins project (https://www.citycoins.co/) I’m not affiliated with >> CityCoins directly but do work on tools around it. >> >> Best, >> — Jamil >> >> Sent from my iPhone >> >> On Nov 13, 2021, at 9:44 PM, Gunnar Larson <g(a)xny.io> wrote: >> >> >> Jamil: >> >> Great work. >> >> What is your affiliation (if any) with caelus.ca <j.dhanani(a)caelus.ca>? >> >> What do you think of NewYorkCoin: >> https://coinmarketcap.com/currencies/newyorkcoin/ >> >> NYCCoin is not affiliated with NewYorkCoin (ticker: NYC)? >> >> Looking forward to learning more. >> >> Thank you, >> >> Gunnar >> >> >> On Sun, Nov 14, 2021, 12:35 AM Jamil Dhanani <jamil.dhanani(a)gmail.com> >> wrote: >> >>> Hi Gunnar, >>> >>> That’s right; I run the sites to visualize the mining statistics for >>> NYCCoin (mining.nyc) and MiamiCoin (miamining.com) If you have any >>> questions about them please let me know! >>> >>> Best, >>> — Jamil >>> >>> Sent from my iPhone >>> >>> On Nov 13, 2021, at 6:21 PM, Gunnar Larson <g(a)xny.io> wrote: >>> >>> >>> Mr. Dhanani: >>> >>> Are you the admin contact for Mining.NYC? >>> >>> Sending you the very best regards. >>> >>> Thank you, >>> >>> Gunnar >>> -- >>> *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 >>> New York, New York 10001 >>> >>>

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Fwd: Mining.NYC
by Gunnar Larson 22 Mar '24

22 Mar '24

---------- Forwarded message --------- From: Jamil Dhanani <jamil.dhanani(a)gmail.com> Date: Sun, Nov 14, 2021, 12:35 AM Subject: Re: Mining.NYC To: Gunnar Larson <g(a)xny.io> Hi Gunnar, That’s right; I run the sites to visualize the mining statistics for NYCCoin (mining.nyc) and MiamiCoin (miamining.com) If you have any questions about them please let me know! Best, — Jamil Sent from my iPhone On Nov 13, 2021, at 6:21 PM, Gunnar Larson <g(a)xny.io> wrote: Mr. Dhanani: Are you the admin contact for Mining.NYC? Sending you the very best regards. Thank you, Gunnar -- *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 New York, New York 10001

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Fwd: Mining.NYC
by Gunnar Larson 22 Mar '24

22 Mar '24

---------- Forwarded message --------- From: Gunnar Larson <g(a)xny.io> Date: Sat, Nov 13, 2021, 9:20 PM Subject: Mining.NYC To: <j.dhanani(a)caelus.ca>, <jdhanani(a)apple.com> Mr. Dhanani: Are you the admin contact for Mining.NYC? Sending you the very best regards. Thank you, Gunnar -- *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 New York, New York 10001

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