September 2024 - cypherpunks - lists.cpunks.org

BREAKING: Star Witness Against Bankman-Fried Gets 2 Years In FTX Case
by Gunnar Larson 25 Sep '24

25 Sep '24

BREAKING: Star Witness Against Bankman-Fried Gets 2 Years In FTX Case <https://www.law360.com/banking/articles/1882033?nl_pk=feb6bbba-7878-4d39-be…> By Pete Brush A Manhattan federal judge sentenced former cryptocurrency executive Caroline Ellison to two years in prison Wednesday, crediting her decision to testify against FTX founder Sam Bankman-Fried but saying the $11.2 billion fraud was too big to warrant a "get out of jail free card." Read full article » <https://www.law360.com/banking/articles/1882033?nl_pk=feb6bbba-7878-4d39-be…> | Save to favorites » <https://www.law360.com/banking/articles/1882033?nl_pk=feb6bbba-7878-4d39-be…>

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Mayor Eric Adams NYCCoin Touting
by Gunnar Larson 25 Sep '24

25 Sep '24

Please find the attached memo with reference footnotes. -- March 10, 2023 BY ELECTRONIC MAIL Ms. Camille Joseph Varlack Office of the Mayor of New York City City Hall Park, 260 Broadway New York, NY 10007 United States PressOffice(a)CityHall.NYC.gov Re: Mayor Eric Adams NYCCoin Touting Dear Ms. Joseph Varlack: Today’s memo is to kindly submit xNY.io - Bank.org's inquiry into Mayor Eric Adams' promotion of NYCCoin. 1. The federal securities laws are clear that any celebrity or individual who promotes digital assets must disclose the nature, source and amount of compensation they received in exchange for the promotion. 2. As a matter of ethics, risk and compliance associated with digital asset innovation, xNY.io asks if NYCCoin promotion by the Mayor of New York City damaged the market for the xNY digital asset (by, for example, devaluing it through parody or sealed via embossed criticism). 3. xNY.io - Bank.org concerns made above have evidentiary support to interlocking director and officer conflicts recognized by the Department of Justice as potential threats that stifle individual and corporate freedom. Ms. Joseph Varlack, as a matter relating to working at one of the world's most ethical companies, famous for risk management and corporate governance, and as an internationally recognized Blockchain Scholar, I must adhere to federal securities laws. - As such, I classify Mayor Adams as an individual who promoted the digital asset NYCCoin and must disclose the nature, scope, and amount of compensation associated. A failure to disclose this information may violate the anti-touting provisions of the federal securities laws. Mayor Adams' making these endorsements may also be liable for potential violations of the anti-fraud provisions of the federal securities laws, for participating in an unregistered offer and sale of securities, and for acting as unregistered brokers. xNY.io - Bank.org respectfully requests the Office of the Mayor of New York City to respond to this request by Wednesday March, 15 2023 by Noon EST. Respectfully yours with appreciation, 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 +1-917-580-8053

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Fwd: Roman Rozhavsky Named Special Agent in Charge of the Counterintelligence Division at the Washington Field Office
by Gunnar Larson 24 Sep '24

24 Sep '24

---------- Forwarded message --------- From: FBI <fbi(a)subscriptions.fbi.gov> Date: Tue, Sep 24, 2024, 12:25 PM Subject: Roman Rozhavsky Named Special Agent in Charge of the Counterintelligence Division at the Washington Field Office To: <g(a)xny.io> * National Press Releases * Roman Rozhavsky Named Special Agent in Charge of the Counterintelligence Division at the Washington Field Office Director Wray has named Roman Rozhavsky as the special agent in charge of the Counterintelligence Division at the Washington Field Office. Sept. 23, 2024 Full Press Release <https://www.fbi.gov/news/press-releases/roman-rozhavsky-named-special-agent…> ------------------------------ <https://www.facebook.com/FBI> <https://twitter.com/FBI> <https://www.youtube.com/user/FBI> <https://www.fbi.gov/e-mail-updates?utm_campaign=email-Immediate&utm_medium=…> * You have received this message because you are subscribed to one or more of the following categories: National Press Releases * Manage Subscription <https://delivery.fbi.gov/account-reminder> | Unsubscribe <https://delivery.fbi.gov/subscriber/c57956fe9830b3f02d21fe7a2581942df706f0b…> If you have questions about this service, email us at delivery(a)subscriptions.fbi.gov. Help <https://www.fbi.gov/e-mail-updates?utm_campaign=email-Immediate&utm_medium=…> | Privacy Policy <http://www.fbi.gov/privacy_policy?utm_campaign=email-Immediate&utm_medium=e…> | Visit FBI.gov <https://www.fbi.gov/?utm_campaign=email-Immediate&utm_medium=email&utm_sour…>

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Re: Regulations on the Administration of Network Data Security (Draft for Comment)
by Gunnar Larson 24 Sep '24

24 Sep '24

Dear Cyberspace Administration of China: It has been over one month since our inquiry, and I am kindly following up on the message below. Please note, the question concerning Proof of Transfer is critical to determining any degradation to the Bitcoin blockchain's software purity. As such, it would be ideal to determine Hong Kong's approach to Network Data Security <http://www.cac.gov.cn/2021-11/14/c_1638501991577898.htm> (Draft for Comment) issued by your office. Furthermore, this correspondence is to also reference autonomy between xNY and e-CNY (given several obvious factors). Sincerely yours, Gunnar Larson -- *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 On Fri, Feb 11, 2022 at 2:08 PM Gunnar Larson <g(a)xny.io> wrote: > Dear Sir or Madam: > We seek clarification to the recent notice of the Cyberspace > Administration of China on Public Comments on the Regulations on the > Administration of Network Data Security > <http://www.cac.gov.cn/2021-11/14/c_1638501991577898.htm> (Draft for > Comment). > > The Cyberspace Administration of China > <http://www.cac.gov.cn/2021-11/14/c_1638501991577898.htm> (and Hong Kong) > issued new guidance on third-party products and services that cause damage > to users. According to the Cyberspace Administration’s guidance, users can > request Internet platform operators to pay compensation in advance for data > violations. > > Hong Kong is the data hub for Stacks (STX), where internet platform > operators shall assume data security management responsibilities for > third-party products and services connected to their platforms. Hong Kong > mandates clarity of data security responsibilities for third parties > through contracts and other forms, and urges third parties to strengthen > data security management, and adopt the necessary data security protection > measures. > > - Stacks’ strong third-party presence in Hong Kong extends to China. > One of Stacks’ board members has served as a leader of a Shanghai based > incubator. > - The looming question is if Proof of Transfer (PoX) Stacks’ extension > to Proof of Burn (PoB), where miners compete by ‘burning’ (destroying) a > Proof of Work (PoW) from an established blockchain, is allegedly illegal in > Hong Kong, under the Cyberspace Administration’s new guidance. > > PoX, when used for participation rewards (Such as with MIA Coin, NYCCoin > and STX), could lead to miner consolidation. Because miners that also > participate as holders could gain an advantage over miners who do not > participate as holders, miners would be strongly incentivized to buy the > new cryptocurrency and use it to crowd out other miners. In an extreme > case, this consolidation could lead to a centralization of mining, which > would undermine the decentralization goals of the public blockchain. > > China, along with Hong Kong, has outlawed various forms of threats to > international peace and security. > > We seek the Cyberspace Administration of China's guidance if the Proof of > Transfer > <https://drive.google.com/file/d/1wL2kN6aMfsyT-T7g01YJSBB8meMn2SWg/view?usp=…> > is a legal or legal consensus software algorithm in China and Hong Kong? > Sending you the very best regards. > > Thank you, > > Gunnar Laron > -- > *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: Regulations on the Administration of Network Data Security (Draft for Comment)
by Gunnar Larson 24 Sep '24

24 Sep '24

---------- Forwarded message --------- From: Gunnar Larson <g(a)xny.io> Date: Fri, Feb 11, 2022, 2:08 PM Subject: Regulations on the Administration of Network Data Security (Draft for Comment) To: <shujuju(a)cac.gov.cn> Dear Sir or Madam: We seek clarification to the recent notice of the Cyberspace Administration of China on Public Comments on the Regulations on the Administration of Network Data Security <http://www.cac.gov.cn/2021-11/14/c_1638501991577898.htm> (Draft for Comment). The Cyberspace Administration of China <http://www.cac.gov.cn/2021-11/14/c_1638501991577898.htm> (and Hong Kong) issued new guidance on third-party products and services that cause damage to users. According to the Cyberspace Administration’s guidance, users can request Internet platform operators to pay compensation in advance for data violations. Hong Kong is the data hub for Stacks (STX), where internet platform operators shall assume data security management responsibilities for third-party products and services connected to their platforms. Hong Kong mandates clarity of data security responsibilities for third parties through contracts and other forms, and urges third parties to strengthen data security management, and adopt the necessary data security protection measures. - Stacks’ strong third-party presence in Hong Kong extends to China. One of Stacks’ board members has served as a leader of a Shanghai based incubator. - The looming question is if Proof of Transfer (PoX) Stacks’ extension to Proof of Burn (PoB), where miners compete by ‘burning’ (destroying) a Proof of Work (PoW) from an established blockchain, is allegedly illegal in Hong Kong, under the Cyberspace Administration’s new guidance. PoX, when used for participation rewards (Such as with MIA Coin, NYCCoin and STX), could lead to miner consolidation. Because miners that also participate as holders could gain an advantage over miners who do not participate as holders, miners would be strongly incentivized to buy the new cryptocurrency and use it to crowd out other miners. In an extreme case, this consolidation could lead to a centralization of mining, which would undermine the decentralization goals of the public blockchain. China, along with Hong Kong, has outlawed various forms of threats to international peace and security. We seek the Cyberspace Administration of China's guidance if the Proof of Transfer <https://drive.google.com/file/d/1wL2kN6aMfsyT-T7g01YJSBB8meMn2SWg/view?usp=…> is a legal or legal consensus software algorithm in China and Hong Kong? Sending you the very best regards. Thank you, Gunnar Laron -- *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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Deadly, Exploding Pagers Force the U.S. to Get Serious About Malware from China in U.S. Products that Are Potential National Security Threats
by Gunnar Larson 24 Sep '24

24 Sep '24

https://wallstreetonparade.com/2024/09/deadly-exploding-pagers-force-the-u-… By Pam Martens and Russ Martens: September 24, 2024 ~ U.S. Secretary of Commerce, Gina Raimondo U.S. Secretary of Commerce, Gina Raimondo Yesterday, the U.S. Department of Commerce announced it was proposing to ban certain technologies from China and Russia in U.S. automobiles. The U.S. Secretary of Commerce, Gina Raimondo, explained the thinking as follows: “Cars today have cameras, microphones, GPS tracking, and other technologies connected to the internet. It doesn’t take much imagination to understand how a foreign adversary with access to this information could pose a serious risk to both our national security and the privacy of U.S. citizens. To address these national security concerns, the Commerce Department is taking targeted, proactive steps to keep PRC and Russian-manufactured technologies off American roads.” According to the announcement, the proposed rule, which will be put out for public comment, would do the following: “…prohibit the import and sale of vehicles with certain VCS or ADS hardware or software with a nexus to the PRC [People’s Republic of China] or Russia. The VCS is the set of systems that allow the vehicle to communicate externally, including telematics control units, Bluetooth, cellular, satellite, and Wi-Fi modules. The ADS includes the components that collectively allow a highly autonomous vehicle to operate without a driver behind the wheel. “The rule would also prohibit manufacturers with a nexus to the PRC or Russia from selling connected vehicles that incorporate VCS hardware or software or ADS software in the United States, even if the vehicle was made in the United States. “The prohibitions on software would take effect for Model Year 2027 and the prohibitions on hardware would take effect for Model Year 2030, or January 1, 2029 for units without a model year.” Wait? What? It’s a recognized national security threat but Americans must wait years before corrective action is taken? How does that make any sense? On February 7 of this year, U.S. intelligence agencies revealed that a state-sponsored cyber actor in China, known as Volt Typhoon, had engaged in the following broad-based malicious activity inside the United States: “The U.S. authoring agencies have confirmed that Volt Typhoon has compromised the IT environments of multiple critical infrastructure organizations—primarily in Communications, Energy, Transportation Systems, and Water and Wastewater Systems Sectors—in the continental and non-continental United States and its territories, including Guam. Volt Typhoon’s choice of targets and pattern of behavior is not consistent with traditional cyber espionage or intelligence gathering operations, and the U.S. authoring agencies assess with high confidence that Volt Typhoon actors are pre-positioning themselves on IT networks to enable lateral movement to OT assets to disrupt functions. The U.S. authoring agencies are concerned about the potential for these actors to use their network access for disruptive effects in the event of potential geopolitical tensions and/or military conflicts. CCCS assesses that the direct threat to Canada’s critical infrastructure from PRC state-sponsored actors is likely lower than that to U.S. infrastructure, but should U.S. infrastructure be disrupted, Canada would likely be affected as well, due to cross-border integration. ASD’s ACSC and NCSC-NZ assess Australian and New Zealand critical infrastructure, respectively, could be vulnerable to similar activity from PRC state-sponsored actors.” Monday’s announcement from the U.S. Commerce Department comes just one week after pagers and walkie-talkies were detonated by Israel in an attack against Hezbollah in Lebanon. Dozens of people, including four children, were killed in those detonations and thousands were injured or maimed – overwhelming area hospitals during the two days of attacks on September 17th and 18th. According to a New York Times report last week, Israel had not tampered with the pagers and walkie-talkies but had actually set up a shell company to manufacture them as future deadly devices to attack Hezbollah. The (paywall) Times report included this stunning revelation: “By all appearances, B.A.C. Consulting was a Hungary-based company that was under contract to produce the devices on behalf of a Taiwanese company, Gold Apollo. In fact, it was part of an Israeli front, according to three intelligence officers briefed on the operation. They said at least two other shell companies were created as well to mask the real identities of the people creating the pagers: Israeli intelligence officers.” Approximately 30 seconds after we first heard the initial news reports that Israel had planted explosives in pagers which it could simultaneously detonate with a code, we stated out loud: “That’s going to unleash mass suspicions about the safety of the entire global supply chain.” Is anyone looking at their cellphone or iPad in the same way this week?

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Wash. Agency No Longer Seeking Names In 3M Earplug Case
by Gunnar Larson 24 Sep '24

24 Sep '24

Wash. Agency No Longer Seeking Names In 3M Earplug Case <https://www.law360.com/governmentcontracts/articles/1881503?nl_pk=4126fe73-…> By Jonathan Capriel The Washington state agency that handles child support claims seems no longer interested in seeking information on service members who are expected to receive payments from the 6 billion settlement from 3M Co. over injuries stemming from its Combat Arms Earplugs. Order attached | Read full article » <https://www.law360.com/governmentcontracts/articles/1881503?nl_pk=4126fe73-…> | Save to favorites » <https://www.law360.com/governmentcontracts/articles/1881503?nl_pk=4126fe73-…>

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Bio Lab Settles Conn. False-Claims Allegations For $1.73M
by Gunnar Larson 24 Sep '24

24 Sep '24

Bio Lab Settles Conn. False-Claims Allegations For $1.73M <https://www.law360.com/governmentcontracts/articles/1881487?nl_pk=4126fe73-…> By Aaron Keller Enzo Biochem Inc. and subsidiary Enzo Clinical Labs Inc. will pay nearly $1.73 million to settle accusations that the companies' former Farmingdale, New York, laboratory billed higher rates to the state of Connecticut's Medicaid coffers than it billed to other payers, the state attorney general announced Monday. Complaint attached | Read full article » <https://www.law360.com/governmentcontracts/articles/1881487?nl_pk=4126fe73-…> | Save to favorites » <https://www.law360.com/governmentcontracts/articles/1881487?nl_pk=4126fe73-…>

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Chamber Says X Ruling Boosts Bid To Nix Calif. Climate Laws
by Gunnar Larson 24 Sep '24

24 Sep '24

Chamber Says X Ruling Boosts Bid To Nix Calif. Climate Laws <https://www.law360.com/compliance/articles/1881554?nl_pk=ab5ce197-c1fb-4d8e…> By Sarah Jarvis The U.S. Chamber of Commerce and the state of California have filed competing briefs on how a recent Ninth Circuit decision blocking parts of a social media law applies to the state's corporate climate disclosure rules, with the Chamber arguing the ruling reinforces how the latter violate the First Amendment. 2 documents attached | Read full article » <https://www.law360.com/compliance/articles/1881554?nl_pk=ab5ce197-c1fb-4d8e…> | Save to favorites » <https://www.law360.com/compliance/articles/1881554?nl_pk=ab5ce197-c1fb-4d8e…>

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Petco, Shareholders Battle In Chancery Over Controller Clout
by Gunnar Larson 24 Sep '24

24 Sep '24

Petco, Shareholders Battle In Chancery Over Controller Clout <https://www.law360.com/delaware/articles/1881362?nl_pk=8f2e5a76-bb66-462b-a…> By Jeff Montgomery Attorneys for Petco Health & Wellness Co. Inc. face an "uphill battle" in branding as "wrongly decided" a landmark Court of Chancery ruling earlier this year that struck down an agreement giving a company's controlling stockholder board-trumping power, Delaware's chancellor cautioned on Monday. Read full article » <https://www.law360.com/delaware/articles/1881362?nl_pk=8f2e5a76-bb66-462b-a…> | Save to favorites » <https://www.law360.com/delaware/articles/1881362?nl_pk=8f2e5a76-bb66-462b-a…>

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