June 2024 - cypherpunks - lists.cpunks.org

BREAKING: NJ Powerbroker, Law Firm CEO Brother Accused Of Racketeering
by Gunnar Larson 17 Jun '24

17 Jun '24

BREAKING: NJ Powerbroker, Law Firm CEO Brother Accused Of Racketeering <https://www.law360.com/governmentcontracts/articles/1823467?nl_pk=4126fe73-…> By George Woolston Powerful New Jersey businessman George E. Norcross III and his brother, who is the chief executive officer of law firm Parker McCay, have been criminally charged alongside others in a scheme to acquire waterfront property in the distressed town of Camden using threats of economic and reputational harm. Read full article » <https://www.law360.com/governmentcontracts/articles/1823467?nl_pk=4126fe73-…> | Save to favorites » <https://www.law360.com/governmentcontracts/articles/1823467?nl_pk=4126fe73-…>

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BREAKING: Justices Will Hear Philly Bridge Project Fraud
by Gunnar Larson 17 Jun '24

17 Jun '24

BREAKING: Justices Will Hear Philly Bridge Project Fraud Case <https://www.law360.com/governmentcontracts/articles/1842088?nl_pk=4126fe73-…> By Matthew Santoni The U.S. Supreme Court will decide whether a Pennsylvania Department of Transportation contractor's false promise to give a certain share of its business to minority-owned subcontractors rises to the level of depriving the state agency of property, the court announced Monday. 2 documents attached | Read full article » <https://www.law360.com/governmentcontracts/articles/1842088?nl_pk=4126fe73-…> | Save to favorites » <https://www.law360.com/governmentcontracts/articles/1842088?nl_pk=4126fe73-…>

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BREAKING: Justices To Decide If False Claims Act Applies To E-Rate
by Gunnar Larson 17 Jun '24

17 Jun '24

BREAKING: Justices To Decide If False Claims Act Applies To E-Rate <https://www.law360.com/governmentcontracts/articles/1847080?nl_pk=4126fe73-…> By Ali Sullivan The U.S. Supreme Court on Monday agreed to review whether reimbursement requests made to the Federal Communications Commission's E-rate program for schools and libraries are "claims" under the False Claims Act. Order List attached | Read full article » <https://www.law360.com/governmentcontracts/articles/1847080?nl_pk=4126fe73-…> | Save to favorites » <https://www.law360.com/governmentcontracts/articles/1847080?nl_pk=4126fe73-…>

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NY-DFS Proposed Guidance on Character and Fitness (Extension Appeal)
by Gunnar Larson 17 Jun '24

17 Jun '24

---------- Forwarded message --------- From: Gunnar Larson <g(a)xny.io> Date: Wed, Jun 28, 2023, 2:14 AM Subject: Re: NY-DFS Proposed Guidance on Character and Fitness (Extension Appeal) To: <kathleen.scott(a)dfs.ny.gov> Cc: <BankingComments(a)dfs.ny.gov>, <cypherpunks(a)cpunks.org> Ms. Scott: Additionally, xNY.io - Bank.org respectfully submits Coinbase's Brian Armstrong on Bloomberg.com: https://www.bloomberg.com/news/videos/2023-01-12/the-david-rubenstein-show-… as a matter for public comment for NY-DFS' "Proposed Guidance on Character and Fitness." The Bloomberg interview with Coinbase showed top journalistic integrity, yet, Coinbase failed to mention any NY-DFS investigation or pending action. The interview aired last December, before the 100M Coinbase settlement was announced by NY-DFS concerning Coinbase's BitLicense compliance. NY-DFS' approach to Coinbase and Goldman Sachs (who took Coinbase public) share independent insider trading scenarios that could disrespect the United States Department of Justice, Criminal Division, Fraud Section and Money Laundering and Asset Recovery Section compliance programs. We have collated 34 highlights that describe a corporate opportunity policy framework to gauge character and fitness of the "first Bitcoin loan" backed by a New York banking institution here: https://drive.google.com/file/d/1Yx88RMoeLyyfbNK0RtPl4r-m8N21_1Sp/view?usp=… . Per point one of NY-DFS' "Suggested Questions to Facilitate Initial and Ongoing Assessment of Designated Persons’ Character and Fitness," can you kindly acknowledge that you have reviewed and understand our appeal seeking extension for public comment to August 5, 2023? We feel extra time for public comment is warranted to ensure that xNY.io - Bank.org did not play a significant role or otherwise contribute in a meaningful way to the conduct that led to regulatory action or proceeding without ample notice. Thank you, Gunnar On Wed, Jun 28, 2023, 12:04 AM Gunnar Larson <g(a)xny.io> wrote: > Ms. Scott: > > NY-DFS recently asked for public comment concerning "Proposed Guidance on > Assessment of the Character and Fitness of Directors, Senior Officers, and > Managers" mentioned here: > https://www.dfs.ny.gov/industry_guidance/industry_letters/il20230509_guidan… > . > > xNY.io - Bank.org asks if the NY-DFS will extend deadline for public > comment to August 5, 2023 from June 30, 2023. > > As requested by NY-DFS, today we provide (in a separate attachment) > evidence of any documented exceptions to compliance with the "Suggested > Questions to Facilitate Initial and Ongoing Assessment of Designated > Persons’ Character and Fitness." > > We have collated 19 references comprising 205 highlights that touch on the > five key areas below: > https://drive.google.com/drive/folders/1FTRRFFhQHDxf-oR9WOZz0a2gRtC9ZWVO. > > -Harassment and Discrimination Policies > > -Conflict of Interest Policy > > -Insider Trading Policy > > -Records Management Policy > > -Corporate Opportunity Policy > > xNY.io - Bank.org is seeking NY-DFS' extension for public comment to > August 5, 2023 so that the New York Banking community has time to complete > Q2-23 earnings call disclosures. > > As documented in the above 19 references, we feel extra time for public > comment is warranted to ensure that xNY.io - Bank.org did not play a > significant role or otherwise contribute in a meaningful way to the conduct > that led to regulatory action or proceeding without ample notice. > > Per point one of NY-DFS' "Suggested Questions to Facilitate Initial and > Ongoing Assessment of Designated Persons’ Character and Fitness," can you > kindly acknowledge that you have reviewed and understand our appeal seeking > extension for public comment to August 5, 2023? > > We hope to hear from you before June 30, 2023 given obvious factors. > > Sending you the very best regards. > > 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 > >

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BREAKING: Justices To Hear Nvidia Case On Securities Pleading Standard
by Gunnar Larson 17 Jun '24

17 Jun '24

BREAKING: Justices To Hear Nvidia Case On Securities Pleading Standard <https://www.law360.com/capitalmarkets/articles/1847339?nl_pk=abe82add-2a33-…> By Jessica Corso The U.S. Supreme Court on Monday agreed to hear an appeal of a Ninth Circuit ruling that revived investor's claims over chipmaker Nvidia's crypto mining sales, giving the high court a chance to weigh in on the pleading requirements needed to sustain a shareholder class action lawsuit. Order attached | Read full article » <https://www.law360.com/capitalmarkets/articles/1847339?nl_pk=abe82add-2a33-…> | Save to favorites » <https://www.law360.com/capitalmarkets/articles/1847339?nl_pk=abe82add-2a33-…>

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Fla. Court Says Navy Vet Can Sue CNN For Punitive Damages
by Gunnar Larson 17 Jun '24

17 Jun '24

Fla. Court Says Navy Vet Can Sue CNN For Punitive Damages <https://www.law360.com/governmentcontracts/articles/1848168?nl_pk=4126fe73-…> By David Minsky A Florida state appellate court has ruled that a Navy veteran turned private contractor can include punitive damages in his defamation lawsuit against CNN, saying he made a "sufficient preliminary evidentiary showing" of malice over the network's reporting on evacuating citizens of Afghanistan in 2021. 2 documents attached | Read full article » <https://www.law360.com/governmentcontracts/articles/1848168?nl_pk=4126fe73-…> | Save to favorites » <https://www.law360.com/governmentcontracts/articles/1848168?nl_pk=4126fe73-…>

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Elon Musk's Court Cases Remain A Live Issue In Delaware
by Gunnar Larson 17 Jun '24

17 Jun '24

Elon Musk's Court Cases Remain A Live Issue In Delaware <https://www.law360.com/technology/articles/1848341?nl_pk=2bd720dd-746c-4744…> By Jeff Montgomery Delaware's courts will continue to assert control over a multibillion-dollar Tesla Inc. legal fee dispute despite the company's rushed effort to reincorporate in Texas and potentially put CEO Elon Musk's massive, multiyear compensation plan beyond the state's reach, those familiar with the case said Friday. Read full article » <https://www.law360.com/technology/articles/1848341?nl_pk=2bd720dd-746c-4744…> | Save to favorites » <https://www.law360.com/technology/articles/1848341?nl_pk=2bd720dd-746c-4744…>

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9th Circ. Balks At Gas Buyers' Price-Fix Fight Over Trump Pact
by Gunnar Larson 17 Jun '24

17 Jun '24

9th Circ. Balks At Gas Buyers' Price-Fix Fight Over Trump Pact <https://www.law360.com/competition/articles/1848188?nl_pk=6416fd97-1dc4-4e0…> By Dorothy Atkins A Ninth Circuit panel appeared skeptical Friday of efforts to revive a proposed antitrust class action alleging that Chevron, Exxon Mobil and others fixed gasoline prices following the Trump administration's 2020 oil production deal with Russia and Saudi Arabia, with each judge doubting that federal courts have jurisdiction over the dispute. Read full article » <https://www.law360.com/competition/articles/1848188?nl_pk=6416fd97-1dc4-4e0…> | Save to favorites » <https://www.law360.com/competition/articles/1848188?nl_pk=6416fd97-1dc4-4e0…>

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3 Ways To Fight Alice Rejections Of Blockchain Patents
by Gunnar Larson 17 Jun '24

17 Jun '24

3 Ways To Fight Alice Rejections Of Blockchain Patents <https://www.law360.com/fintech/articles/1843773?nl_pk=d2b3e7ef-ab62-4a62-80…> With blockchain-related patent application filings on the rise, Thomas Isaacson at Polsinelli offers strategies for responding to U.S. Patent and Trademark Office determinations that the blockchain network is just a generic computer and patent-ineligible under the U.S. Supreme Court's 2014 Alice v. CLS Bank decision.

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Guo's Crypto Venture Raised 'Red Flags,' Investigator Says
by Gunnar Larson 17 Jun '24

17 Jun '24

Guo's Crypto Venture Raised 'Red Flags,' Investigator Says <https://www.law360.com/fintech/articles/1848210?nl_pk=d2b3e7ef-ab62-4a62-80…> By Rachel Scharf A compliance investigator at cryptocurrency wallet provider BitGo testified in Manhattan federal court Friday that he identified multiple "financial crime red flags" in the digital asset exchange promoted by Chinese dissident Miles Guo. Read full article » <https://www.law360.com/fintech/articles/1848210?nl_pk=d2b3e7ef-ab62-4a62-80…> | Save to favorites » <https://www.law360.com/fintech/articles/1848210?nl_pk=d2b3e7ef-ab62-4a62-80…>

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