May 2024 - cypherpunks - lists.cpunks.org

United States: Russian State-Sponsored TV Network's Attempt To Dismiss Copyright Lawsuit On Fair Use Grounds Denied
by Gunnar Larson 15 Jun '24

15 Jun '24

*Moscow Stock Exchange* *Logo:* https://tinyurl.com/3v2fd3y2 *Meta's (Facebook) logo,seemingly is a shocker*: https://tinyurl.com/2p8csm8u What is extremely interesting, the copyright case below was filed on March 8, 2021: https://dockets.justia.com/docket/new-york/nysdce/1:2021cv02007/555642 Facebook announced their new Meta brand and logo on October 28, 2021: https://about.fb.com/news/2021/10/founders-letter/ xNY.io debating the Moscow Stock Exchange Logo and the Meta logo, "ask[s] not whether the second work would *damage* the market for the first (by, for example, devaluing it through parody or criticism), but whether it *usurps* the market for the first by offering a competing substitute." On Thu, Mar 24, 2022 at 12:05 PM Gunnar Larson <g(a)xny.io> wrote: > In other news, related to Meta's (FB) logo being very similar to the > Moscow Stock Exchange logo, something similar has been discussed in New > York. I found this quote very interesting: > > - "Lastly, regarding the fourth factor, concerning the effect of the > use on the potential market for or value of the copyrighted work, the Court > noted that this factor "ask[s] not whether the second work would > *damage* the market for the first (by, for example, devaluing it > through parody or criticism), but whether it *usurps* the market for > the first by offering a competing substitute." > > ---------- > > https://www.mondaq.com/unitedstates/copyright/1174834/russian-state-sponsor… > > TV-Novosti, a non-profit operating the Russian state-controlled > RT(formerly Russia Today) television networks and 38 associated RT YouTube > channels, has been sued for copyright infringement by Business Casual, an > American media company that creates documentary content, based on its use > of translated clips of Business Casual's documentaries in its own videos > posted to YouTube. > > Business Casual creates short original historical documentaries which it > posts to its YouTube channel. Its documentaries frequently feature > photographs of historical figures, using a process called "parallax" which > "transforms century-old low-resolution photographs into dramatically > restored high-resolution photographs" and "turn[s] two-dimensional images > into three-dimensional models . . . simulating a depth-of-field. This > optical illusion provides Business Casual's videos with an immersive > three-dimensional look and feel." > > The lawsuit relates to two of Business Casual's documentaries—"How > Rockefeller Built His Trillion Dollar Oil Empire" and "J.P. Morgan > Documentary: How One Man Financed America"—clips of which Business Casual > alleges TV-Novosti incorporated into three separate videos on its > "RT-Arabic" YouTube channel, including portions featuring parallax-enhanced > images, altering the brightness and saturation of the copied content and > replacing Business Casual's watermark with TV-Novosti's own in order to > hide from YouTube's algorithms. > > TV-Novosti moved to dismiss the copyright claims, arguing that it's use of > the clips is protected as fair use. However, after considering each of the > four statutory factors, Judge Koeltl of the Southern District of New York > denied TV-Novosti's motion, holding that while three of the four factors > weighed against finding fair use, "[t]he fourth factor, which the Supreme > Court has described as 'the single most important element of fair use,' > cannot be determined without further factual development." > > Specifically, regarding the first factor, concerning the transformation of > the use, Judge Koeltl found that while TV-Novosti's videos take portions of > the plaintiff's videos, re-arrange them, and add new commentary to them, > TV-Novosti had not made any meaningful changes to the visual clips > themselves, and "[m]erely overlaying new audio does not effect a sufficient > transformation . . . to find fair use as a matter of law." The Court > further noted that TV-Novosti had "not changed the purpose of the > parallax-enhanced images," i.e., to provide visual illustration for the > overlain audio commentary, but had instead "simply lifted the copyrighted > depictions . .. for the purpose of illustrating [TV-Novosti's] own video." > In addition, the Court found that the fact that TV-Novosti could have > sought to pay for the clips, but didn't, and tried to hide its use of the > excerpts from YouTube's algorithms, also weighed against a finding a fair > use under the first factor. > > Regarding the second factor, concerning the nature of the copyrighted > work, the Court initially noted that factual material such as that at > issue, "cuts less closely to the core of copyright." Nevertheless, the > Court held that the fact that source material for Business Casual's videos > was in the public domain weighed against finding fair use, because TV > Novosti could have simply used public domain photos of the historical > figures, rather than the modified clips, to create its videos. > > Regarding the third factor, concerning the amount of use in relation to > the copyrighted work as a whole, the Court noted that while only "small > portions of the entire copyrighted works were used"—excerpts of 7 seconds, > 1 minute and 28 seconds, and 8 minutes and 50 seconds in length—the > portions were "not so trivial as to warrant dismissal under the de minimis > doctrine." > > Lastly, regarding the fourth factor, concerning the effect of the use on > the potential market for or value of the copyrighted work, the Court noted > that this factor "ask[s] not whether the second work would *damage* the > market for the first (by, for example, devaluing it through parody or > criticism), but whether it *usurps* the market for the first by offering > a competing substitute." With this framing, the Court thus found that while > one the one hand, TV-Novosti's "videos are alternative ways of learning > about the lives of J.P. Morgan and John D. Rockefeller," on the other hand, > they "have a broader focus and are in a different language, meaning that > they cater to a different audience." These differences, the Court held, > were significant enough to preclude the Court from "determining the effect > of [TV-Novosti's] videos on the market for [Business Casual's] videos at > this time." > > The Court's recognition of the weight of the fourth factor in determining > fair use means that there may still be hope for TV-Novosti—time (and fact > discovery) will tell. For now, the takeaway may very well be that parties > seeking to raise a fair use defense should take care to emphasize any > characteristics of their use that distinguish not just their work, but its > target audience, including the scope of the work and the language (if any) > which communicates it. > > > -- > *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 > -- *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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xNY.io - Bank.org | DOJ Memo #2 - Goldman Sachs Deferred Prosecution Agreement
by Gunnar Larson 15 Jun '24

15 Jun '24

We refuse to lie to our friends in France, London, Cyprus, Australia, Turkey, Germany and Hong Kong. Gunnar ---------- Forwarded message --------- https://docs.google.com/document/d/10BYgCtCf9F7A4YnhN792cTBU6P-pfdaOg0UTRbt… February 1, 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 #2 - Goldman Sachs Deferred Prosecution Agreement <https://www.justice.gov/criminal-fraud/file/1329926/download> Dear Mr. Marzulli: The Department of Justice has yet to respond to Memo #1 with our recent inquiry <https://docs.google.com/document/d/1OsxfjN3TUepftKklopkQDSMwFWstWozuku4IPPu…> 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 #2 aims to associate the malfeasance in Malaysia with the Middle East. The Bank of London vs. The Bank of London and the Middle East - November 30, 2021 two New York based firms lead investment in The Bank of London based in the United Kingdom. - July 1, 2007 The Bank of London and the Middle East opened in the United Kingdom. - The Bank of London and the Middle East confirms they have no association with The Bank of London (correspondence referenced here <https://drive.google.com/file/d/1ZLYO6qxOX5TIn0kPd69SQbvG-mn0I5R_/view?usp=…> ). The Bank of London seemingly has been funded from New York to irritate the Middle East. Recently, we made 91 highlights of research <https://drive.google.com/file/d/1O2piNMJ3CI0wbfaFW33to3KhgOgZ8-dl/view?usp=…> associated with The Bank of London and the Middle East's recent sale to a firm in Kuwait. Harvey Schwartz is the Chairperson at The Bank of London, after spending over 20 years at Goldman Sachs Group, where he oversaw sales and trading, finance, technology, and operations. He completed his tenure as the firm’s President and Co-Chief Operating Officer. He joined Goldman Sachs in 1997 and subsequently held numerous senior leadership positions including Chief Financial Officer, Global Co-Head of the Securities Division, amongst other positions. He additionally served as a member of the firm’s Management Committee and co-headed its Risk Committee, Steering Committee on Regulatory Reform and Finance Committee. Mr. Schwartz established the firm’s Investment Policy Committee on which he also served as a member. It would appear that Mr. Schwartz has no friendly diplomatic agenda in London banking, potentially looking to profit off of The Bank of London and the Middle East. Furthermore, Goldman Sachs seemingly has a part in the scheme from New York. Bank of London and the Middle East is listed on the NASDAQ, Dubai. - Mr. Marzulli, during a recent telephone discussion together it was your general assessment that the Deferred Agreement in question was self policing. Can you kindly advise at your earliest convenience what (if any) DOJ systems, processes and control mechanisms are in place to monitor the purity of the Deferred Agreement? - Furthermore, if the Deferred Agreement is self-policing, can the DOJ kindly share any and all supporting material information that would prevent the agreement from being violated without the DOJ's general oversight? - Finally, we have made 28 highlights to Deferred Agreement <https://drive.google.com/file/d/1Yx88RMoeLyyfbNK0RtPl4r-m8N21_1Sp/view?usp=…> as a reference resource tool. Memo #1 and Memo #2 both outline instances that correspond with the associated highlight references. We are concerned that potential breaches to the Deferred Agreement are impacting our global enterprise. We are looking forward to learning more about the DOJ’s approach to assessing any potential breaches to the Deferred Agreement’s mandates. 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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[ot][spam][personal] cheery behavior log
by Undescribed Horrific Abuse, One Victim & Survivor of Many 13 Jun '24

13 Jun '24

for years i have struggled to get out of bed for complex reasons. long story shory, i’d like to try practicing, in a very very slow and gentle way, holding a brief intentionality of excitement and happiness around behavior parts. the theory is that it is possible to carefully build strength around the properties that triggers and things value when they act. when pursuing wim hof, it went like wim hof said, where i eventually developed a conscious ability to cause my skin to produce warmth against cold. i would like to find a path to doing this emotionally. i plan to journal these attempts, and to take them very very slowly and methodically. i expect the journal to get a little complex, and i hope to find a path to make it manageable. 2024-05-31 prior to 0613 mdt this morning before 0612 i tried this very briefly (holding happy excitement and doing a behavior (tiny bit of imagining getting up) with the happy excitement), and in order to succeed we got up all the way, which involved protecting the feelings involved. then i played a videogame to try to help with the pending triggers. i will right now eat a small candy. having a peppermint i found. in the ensuing daydreaming i held the positivity space a little poorly; a worker asked me to move my car from where it was parked; another part of me tried copying the behavior which changed the triggering space; and we generally explored more areas of the trigger space just in normal holding of things which was intense; and my team lost the video game. i think all these things made it harder to provide safety for the little bit that tried this, but i think making it really small, and holding that as part of the intentionality, can help a lot. there’s a pattern i have where the tiniest worries can trigger, and i think by being very careful of my thoughts and things, that we can be aware of that and protect this to grow (i hope). and i’m excited to have an excuse to eat. another thing we noticed is that there are a lot of trigger spaces, involving e.g. the perception of me planning to have certain kinds of power in my own mind, this can be really intense, but that also there is a little simple space near the goal that is not seeming as strong or complex. also that a lot of me is working nonverbally to help protect things and find paths at this point.

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Fwd: Universal BitLicense Declaration on Virtual Currency & Human Rights
by Gunnar Larson 03 Jun '24

03 Jun '24

In other news, there is a lot of talk with Eric Adams suing social media companies on behalf of New York City. I wonder if some form of the Declaration could be part of the outcome? - to save succeeding generations from financial fraud and corruption, which in our lifetime has brought untold sorrow to humanity, and - to reaffirm New York’s faith in fundamental human rights, in the dignity and worth of the human person, in the equal rights of men and women and of nations large and small, and - to promote larger social progress by leading global standards, given that New York remains the center of technological innovation and forward-looking...regulation. Gunnar ---------- Forwarded message --------- From: Gunnar Larson <g(a)xny.io> Date: Sun, Jan 23, 2022, 7:15 AM Subject: Universal BitLicense Declaration on Virtual Currency & Human Rights To: cypherpunks <cypherpunks(a)lists.cpunks.org> Dear Madam Acting Superintendent: Reflecting this week, Ripple once again <https://www.law.com/radar/card/ripple-legal-chief-accuses-sec-of-playing-de…> shares concerning comments and approaches to respecting their Bitlicense award. Even more, many experts are concerned <https://www.bloomberg.com/news/articles/2021-12-17/nyc-miami-seen-facing-po…> about MIA Coin and resulting NYCCoin disasters. Madam Acting Superintendent, on August 4, 2020 as part of our Conditional BitLicense application we submitted a draft of the Universal BitLicense Declaration on Virtual Currency & Human Rights. - Today this memo is to re-new our obvious approach to virtual currency innovation in New York. Together under your leadership, we should be leading the world in the principles of modern cross-border BitLicense logic. - Madam Acting Superintendent, this type of stuff matters. The Deceleration aims to level the playing field for all and impacts the future of women and girls with respect to financial inclusion. - At the very least, New York and your office should be embracing such thoughtful approaches to support future generations and protect virtual currency from market manipulation. Madam Acting Superintendent, we implore that if some version of the Declaration was enacted in 2020, the world would be a better place today. Kindly find a copy of the Universal BitLicense Declaration on Virtual Currency & Human Rights <https://thecapital.io/article/universal-bitlicense-declaration-on-virtual-c…> below. We will be in contact with your office this coming week to engage in dialogue on the Declaration's feasibility forward. Very respectfully yours, Gunnar Larson *WE THE PEOPLE OF NEW YORK DETERMINED* - to pioneer noble advancement of BitLicence theory and regulation, whereas it is essential to safeguard virtual currency and its potential to galvanize international, economic and social advancement of all peoples, and - to ensure clarity, principally New York’s BitLicence being the preeminent institution with mandate of ensuring that virtual currency manipulation (of any sort) shall not burden the common global interest of humanity, and that human rights are protected in the jurisdiction of New York for all peoples *AND FOR THESE ENDS* - to save succeeding generations from financial fraud and corruption, which in our lifetime has brought untold sorrow to humanity, and - to reaffirm New York’s faith in fundamental human rights, in the dignity and worth of the human person, in the equal rights of men and women and of nations large and small, and - to establish conditions under which justice and respect for the obligations arising from BitLicence regulation and other sources of financial services law can be maintained, and - to promote larger social progress by leading global standards, given that New York remains the center of technological innovation and forward-looking virtual currency regulation *HAVE RESOLVED TO COMBINE OUR EFFORTS TO ACCOMPLISH THESE AIMS* *Now, therefore this UNIVERSAL BITLICENSE DECLARATION ON VIRTUAL CURRENCY & HUMAN RIGHTS as the common crypto standard of achievement for all peoples and all nations, keeping this Declaration constantly in mind, shall strive to promote respect for human rights and personal freedoms by progressive measures, national and international, to secure their universal and effective recognition and observance of New York-based companies accountable to a **universal **BitLicense **standard of virtual currency regulation across all global territories of business, protecting all peoples and all nations.* *Article One* - Whereas disregard and contempt for human rights have resulted in failed financial frameworks that have outraged the conscience of mankind, and - Whereas the foundational vision of BitLicense theory imagines a world in which human beings shall enjoy safe, reliable and regulated virtual currency tools and financial products, now proclaimed as the highest aspiration of the common people, *Article Two* - Whereas ethical stewardship of virtual currency is inherent to the BitLicence mandate, the invention of blockchain, and virtual currency aimed to secure the equal and inalienable rights of all as foundation to financial freedom and economic prosperity, especially in the developing economies, and - BitLicense members pledged themselves to achieve, in cooperation with the state of New York, the promotion of universal respect for and observance of international human rights fundamental to the integrity of the BitLicense’s virtual currency regulation. - Whereas New York reaffirms faith in the BitLicense’s foundational themes and the general concept of human right protection. The dignity and worth of the human person and the equal rights of men and women are part of New York BitLicense protections and standards which correlates to noble “public-spiritedness” virtual currency regulation with exponential social progress of humanity. *Article Three* *The Purposes of this Declaration are:* - To maintain the protection of BitLicense virtual currency standards, implying any New York- based group or person has no right to engage in “loophole” business activities in global markets out of New York, or to perform any act aimed at bypassing BitLicense virtual currency regulation, and - To take effective collective measures to remove inconsistencies and prevent the suppression of human rights or other breaches of BitLicense regulations of virtual currency, and to bring about conformity with the principles of justice and international human rights laws, adjusting or settling international disputes or situations which might lead to a breach of New York BitLicense law; - To develop friendly relations among nations based on respect for the principle of equal rights and self-determination of peoples, while executing appropriate measures to close KYC/AML loopholes by strengthen universal virtual currency regulation of New York firms operating in global emerging markets; - To achieve international co-operation in solving international virtual currency problems of an economic, social, cultural, or humanitarian nature, and in promoting and encouraging respect for human rights and fundamental freedoms for all without distinction as to race, sex, language, or religion; and - To offer New York as centre jurisdiction and the BitLicense as universal to harmonizing smart virtual currency actions of nations in the attainment of these common ends. *Article Four* New York BitLicensees (members), in pursuit of the Purposes stated in Article One, shall act in accordance with the following Principles: - All Members, in order to ensure to all of them the rights and benefits resulting from BitLicense membership, shall fulfill the obligations assumed by them in accordance with this Declaration, and - All Members shall immediately settle their international virtual currency inconsistencies by peaceful means in such a manner that international law and justice are not endangered while meeting this Declaration and overall BitLicense compliance, and - All Members shall refrain in their international relations from the violation of human rights or abuse of virtual currency manipulation *by leveraging territorial loopholes (e.g. Africa) and/or inconsistent jurisdictional integrity and enforcement (e.g. Europe), nor willfully employ political naivete of any state (e.g. New York)*, or in any other manner inconsistent with the Purposes of this Declaration, and - Continued membership is contingent on the requirement that BitLicense Members based in New York act in accordance with these Principles so far as may be necessary for the promotion of universal respect for and observance of human rights and fundamental virtual currency regulation, and finally - Nothing in this Declaration may be interpreted as implying for any State, group or person any right to engage in any activity or to perform any act aimed at the destruction of human rights or degradation of the BitLicense’s virtual currency statute or mandates set forth in this Declaration. -- *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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High Court Ethics Bill In 'High Consideration,' Schumer Says
by Gunnar Larson 02 Jun '24

02 Jun '24

High Court Ethics Bill In 'High Consideration,' Schumer Says <https://www.law360.com/mergersacquisitions/articles/1839562?nl_pk=a34c25b5-…> By Courtney Bublé Senate Majority Leader Chuck Schumer, D-N.Y., said on Tuesday that a bill to institute an ethics code for the U.S. Supreme Court was in "high consideration" to come before the full Senate for a vote, following the report last week that an upside-down flag, which has become a symbol for former President Donald Trump's claims that the 2020 election was stolen, was flown outside Justice Samuel Alito's house after the attack on the U.S. Capitol a month later. Letter attached | Read full article » <https://www.law360.com/mergersacquisitions/articles/1839562?nl_pk=a34c25b5-…> | Save to favorites » <https://www.law360.com/mergersacquisitions/articles/1839562?nl_pk=a34c25b5-…>

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NY Expects Crypto Cos. To Meet Customer Service Standards
by Gunnar Larson 02 Jun '24

02 Jun '24

NY Expects Crypto Cos. To Meet Customer Service Standards <https://www.law360.com/fintech/articles/1842444?nl_pk=d2b3e7ef-ab62-4a62-80…> By Aislinn Keely The New York State Department of Financial Services on Thursday told the crypto firms under its purview that it expects them to resolve customer service issues promptly and fairly, according to newly issued guidance. Read full article » <https://www.law360.com/fintech/articles/1842444?nl_pk=d2b3e7ef-ab62-4a62-80…> | Save to favorites » <https://www.law360.com/fintech/articles/1842444?nl_pk=d2b3e7ef-ab62-4a62-80…>

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Sullivan & Cromwell Seeks To Ax Claims Of Aiding FTX Fraud
by Gunnar Larson 02 Jun '24

02 Jun '24

Sullivan & Cromwell Seeks To Ax Claims Of Aiding FTX Fraud <https://www.law360.com/legalethics/articles/1836822?nl_pk=153d4a8a-6fb9-4a5…> By Madison Arnold Sullivan & Cromwell LLP wants a Florida federal court to dismiss a proposed class action alleging the firm knew about and helped facilitate the massive fraud by FTX, saying customers of the cryptocurrency exchange platform fail to claim anything beyond a "series of speculative allegations with no factual basis." Motion attached | Read full article » <https://www.law360.com/legalethics/articles/1836822?nl_pk=153d4a8a-6fb9-4a5…> | Save to favorites » <https://www.law360.com/legalethics/articles/1836822?nl_pk=153d4a8a-6fb9-4a5…>

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Justices Revive NRA's Free Speech Claims Against NY Official
by Gunnar Larson 31 May '24

31 May '24

---------- Forwarded message --------- From: <cypherpunks-owner(a)lists.cpunks.org> Date: Fri, May 31, 2024, 12:58 PM Subject: Justices Revive NRA's Free Speech Claims Against NY Official To: <g(a)xny.io> You have already sent 24 posts to this list in the last 24 hours. ---------- Forwarded message ---------- From: Gunnar Larson <g(a)xny.io> To: cypherpunks(a)cpunks.org Cc: Bcc: Date: Fri, 31 May 2024 12:58:24 -0400 Subject: Justices Revive NRA's Free Speech Claims Against NY Official Justices Revive NRA's Free Speech Claims Against NY Official <https://www.law360.com/insurance/articles/1839138?nl_pk=59612751-8689-4b1e-…> By Abraham Gross The U.S. Supreme Court ruled Thursday that the National Rifle Association can proceed with certain claims in its lawsuit alleging that a former New York state official violated the gun rights group's free speech protections by pressuring financial institutions to cut ties with it. Opinion attached | Read full article » <https://www.law360.com/insurance/articles/1839138?nl_pk=59612751-8689-4b1e-…> | Save to favorites » <https://www.law360.com/insurance/articles/1839138?nl_pk=59612751-8689-4b1e-…>

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Ex-Deutsche Bank Trader Gets 3½ Years For Crypto Scheme
by Gunnar Larson 31 May '24

31 May '24

Ex-Deutsche Bank Trader Gets 3½ Years For Crypto Scheme <https://www.law360.com/fintech/articles/1842698?nl_pk=d2b3e7ef-ab62-4a62-80…> By Emilie Ruscoe A former Deutsche Bank associate has been sentenced to three years and five months in prison after pleading guilty in September to wire fraud and access device fraud in connection with a $1.5 million cryptocurrency investment scheme, Brooklyn federal prosecutors announced Thursday. Read full article » <https://www.law360.com/fintech/articles/1842698?nl_pk=d2b3e7ef-ab62-4a62-80…> | Save to favorites » <https://www.law360.com/fintech/articles/1842698?nl_pk=d2b3e7ef-ab62-4a62-80…>

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Bankrupt BlockFi Agrees To $150k Penalty In Conn. Bond Row
by Gunnar Larson 31 May '24

31 May '24

Bankrupt BlockFi Agrees To $150k Penalty In Conn. Bond Row <https://www.law360.com/fintech/articles/1841907?nl_pk=d2b3e7ef-ab62-4a62-80…> By Parker Quinlan Bankrupt cryptocurrency lender BlockFi has reached a deal with Connecticut's banking regulator to pay a $150,000 civil penalty over claims the company failed to maintain a required surety bond, and a decision in November 2020 to halt account withdrawals from the platform. 1 document attached | Read full article » <https://www.law360.com/fintech/articles/1841907?nl_pk=d2b3e7ef-ab62-4a62-80…> | Save to favorites » <https://www.law360.com/fintech/articles/1841907?nl_pk=d2b3e7ef-ab62-4a62-80…>

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