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September 2024

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Video: Put the puck in the back of the net, Gunnar
by Gunnar Larson 25 Nov '24

25 Nov '24

Video: Put the puck in the back of the net, Gunnar https://www.instagram.com/p/C3VWQBasHan/?igsh=MXg0aTlseHN4b2UxNQ==

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492 Highlights to UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF FLORIDA CASE NO. 22-CV-14102-MIDDLEBROOKS DONALD J. TRUMP, Plaintiff, v. HILLARY R. CLINTON, et al., Defendants. ____________________
by Gunnar Larson 24 Nov '24

24 Nov '24

INTRODUCTION March 24, 2022 158 Highlights: https://drive.google.com/file/d/1zggK7lgptlZ6Qn11EndzbDloqqVxRifv/view?usp=… 1. In the run-up to the 2016 Presidential Election, Hillary Clinton and her cohorts orchestrated an unthinkable plot – one that shocks the conscience and is an affront to this nation’s democracy. Acting in concert, the Defendants maliciously conspired to weave a false narrative that their Republican opponent, Donald J. Trump, was colluding with a hostile foreign sovereignty. The actions taken in furtherance of their scheme—falsifying evidence, deceiving law enforcement, and exploiting access to highly-sensitive data sources - are so outrageous, subversive and incendiary that even the events of Watergate pale in comparison. 2. Under the guise of ‘opposition research,’ ‘data analytics,’ and other political stratagems, the Defendants nefariously sought to sway the public’s trust. They worked together with a single, self-serving purpose: to vilify Donald J. Trump. Indeed, their far-reaching conspiracy was designed to cripple Trump’s bid for presidency by fabricating a scandal that would be used to trigger an unfounded federal investigation and ignite a media frenzy. 3. The scheme was conceived, coordinated and carried out by top-level officials at the Clinton Campaign and the DNC—including ‘the candidate’ herself—who attempted to shield her involvement behind a wall of third parties.1 To start, the Clinton Campaign and the DNC enlisted the assistance of their shared counsel, Perkins Coie, a law firm with deep Democrat ties, in the hopes of obscuring their actions under the veil of attorney-client privilege. Perkins Coie was tasked with spearheading the scheme to find—or fabricate—proof of a sinister link between Donald J. Trump and Russia. To do so, Perkins Coie launched parallel operations: on one front, Perkins Coie partner Marc Elias led an effort to produce spurious ‘opposition research’ claiming to reveal illicit ties between the Trump Campaign and Russian operatives; on a separate front, Perkins Coie partner Michael Sussmann headed a campaign to develop misleading evidence of a bogus ‘back channel’ connection between e-mail servers at Trump Tower and a Russian-owned bank. 4. Marc Elias, in his mission to obtain derogatory anti-Trump ‘opposition research,’ commissioned Fusion GPS, an investigative firm, and its co-founders, Peter Fritsch and Glenn Simpson, and directed them to dredge up evidence—actual or otherwise—of collusion between Trump and Russia. Fritsch and Simpson, in turn, enlisted the assistance of Orbis Ltd. and its owner, Christopher Steele, to produce a series of reports purporting to contain proof of the supposed collusion. Of course, the now fully debunked collection of reports, known as the “Steele Dossier,” was riddled with misstatements, misrepresentations and, most of all, flat out lies. In truth, the Steele Dossier was largely based upon information provided to Steele by his primary sub-source, Igor Danchenko, who was subsequently indicted for falsifying his claims. Even more damning, Danchenko had close ties to senior Clinton Campaign official, Charles Halliday Dolan, Jr., who knowingly provided false information to Danchenko, who relayed it to Steele, who reported it in the Steele Dossier and eagerly fed the deceptions to both the media and the FBI. This duplicitous arrangement existed for a singular self-serving purpose – to discredit Donald J. Trump and his campaign. 5. At the same time, Michael Sussmann, in his hunt for damaging intel against the Trump Campaign, turned to Neustar, Inc., an information technology company, and one of its top executives, Rodney Joffe, a fervent anti-Trumper who had recently been promised a high-ranking position with the Clinton Administration, to exploit their access to non-public data in search of a secret “back channel” connection between Trump Tower and Alfa Bank. When it was discovered that no such channel existed, the Defendants resorted to truly subversive measures – hacking servers at Trump Tower, Trump’s private apartment, and, most alarmingly, the White House. This ill-gotten data was then manipulated to create a misleading “inference” and submitted to law enforcement in an effort to falsely implicate Donald J. Trump and his campaign.2 All of these acts were carried out in coordination with the Clinton Campaign and the DNC, at the behest of certain Democratic “VIPs.”3 6. While their multi-pronged attack was underway, the Defendants seized on the opportunity to publicly malign Donald J. Trump by instigating a full-blown media frenzy. Indeed, the Clinton Campaign and DNC—admittedly on a “mission” to “raise the alarm” about their contrived Trump-Russia link4—repeatedly fed disinformation to the media and shamelessly promoted their false narratives. All the while, Hillary Clinton, Jake Sullivan, Debbie Wasserman Schultz, and others did their best to proliferate the spread of those dubious and false claims through press releases, social media, and other public statements. 7. The fallout from the Defendants’ actions was not limited to the public denigration of Trump and his campaign. The Federal Bureau of Investigation (FBI)—relying on the Defendants’ fraudulent evidence—commenced a large-scale investigation and expended precious time, resources and taxpayer dollars looking into the spurious allegation that the Trump Campaign had colluded with the Russian Government to interfere in the 2016 presidential election. The effects of this unfounded investigation were prolonged and exacerbated by the presence of a small faction of Clinton loyalists who were well-positioned within the Department of Justice and the FBI – James Comey, Andrew McCabe, Peter Strzok, Lisa Page, Kevin Clinesmith, and Bruce Ohr. These government officials were willing to abuse their positions of public trust to advance the baseless probe to new levels, including obtaining an extrajudicial FISA warrant and instigating the commencement of an oversight investigation headed by Special Counsel Robert Mueller. As a result, Donald J. Trump and his campaign were forced to expend tens of millions of dollars in legal fees to defend against these contrived and unwarranted proceedings. Justice would ultimately prevail – following a two-year investigation, Special Counsel Mueller went on to exonerate Donald J. Trump and his campaign with his finding that there was no evidence of collusion with Russia. 8. The full extent of the Defendants’ wrongdoing has been steadily and gradually exposed by Special Counsel John Durham, who has been heading a DOJ investigation into the origins of the Trump-Russia conspiracy. To date, he has already issued indictments to Sussmann and Danchenko, among others, for proffering false statements to law enforcement officials. As outlined below, these ‘speaking’ indictments not only implicate many of the Defendants named herein but also provide a great deal of insight into the inner-workings of the Defendants’ conspiratorial enterprise. Based on recent developments and the overall direction of Durham’s investigation, it seems all but certain that additional indictments are forthcoming. 9. In short, the Defendants, blinded by political ambition, orchestrated a malicious conspiracy to disseminate patently false and injurious information about Donald J. Trump and his campaign, all in the hopes of destroying his life, his political career and rigging the 2016 Presidential Election in favor of Hillary Clinton. When their gambit failed, and Donald J. Trump was elected, the Defendants’ efforts continued unabated, merely shifting their focus to undermining his presidential administration. Worse still, the Defendants continue to spread their vicious lies to this day as they unabashedly publicize their thoroughly debunked falsehoods in an effort to ensure that he will never be elected again. The deception, malice, and treachery perpetrated by the Defendants has caused significant harm to the American people, and to the Plaintiff, Donald J. Trump, and they must be held accountable for their heinous acts. ____________________ BACKGROUND September 8, 2022 190 Highlights: https://drive.google.com/file/d/1JUQtPF8f6ckSRHwLcu3S_joyF5xQoA-A/view?usp=… Plaintiff initiated this lawsuit on March 24, 2022, alleging that “the Defendants, blinded by political ambition, orchestrated a malicious conspiracy to disseminate patently false and injurious information about Donald J. Trump and his campaign, all in the hopes of destroying his life, his political career and rigging the 2016 Presidential Election in favor of Hillary Clinton.” (DE 177, Am. Compl. ¶ 9). On this general premise, Plaintiff brings a claim for violations of the Racketeer Influenced and Corrupt Organizations Act (“RICO”), predicated on the theft of trade secrets, obstruction of justice, and wire fraud (Count I). He additionally brings claims for: injurious falsehood (Count III); malicious prosecution (Count V); violations of the Computer Fraud and Abuse Act (“CFAA”) (Count VII); theft of trade secrets under the Defend Trade Secrets Act of 2016 (“DTSA”) (Count VIII); and violations of the Stored Communications Act (“SCA”) (Count IX). The Amended Complaint also contains counts for various conspiracy charges and theories of agency and vicarious liability. (Counts II, IV, VI, and X–XVI). Plaintiff’s theory of this case, set forth over 527 paragraphs in the first 118 pages of the Amended Complaint, is difficult to summarize in a concise and cohesive manner. It was certainly not presented that way. Nevertheless, I will attempt to distill it here. The short version: Plaintiff alleges that the Defendants “[a]cting in concert . . . maliciously conspired to weave a false narrative that their Republican opponent, Donald J. Trump, was colluding with a hostile foreign sovereignty.” (Am. Compl. ¶ 1). The Defendants effectuated this alleged conspiracy through two core efforts. “[O]n one front, Perkins Coie partner Mark Elias led an effort to produce spurious ‘opposition research’ claiming to reveal illicit ties between the Trump campaign and Russian operatives.” (Id. ¶ 3). To that end, Defendant Hillary Clinton and her campaign, the Democratic National Committee, and lawyers for the Campaign and the Committee allegedly hired Defendant Fusion GPS to fabricate the Steele Dossier. (Id. ¶ 4). “[O]n a separate front, Perkins Coie partner Michael Sussman headed a campaign to develop misleading evidence of a bogus ‘back channel’ connection between e-mail servers at Trump Tower and a Russian- owned bank.” (Id.). Clinton and her operatives allegedly hired Defendant Rodney Joffe to exploit his access to Domain Name Systems (“DNS”) data, via Defendant Neustar, to investigate and ultimately manufacture a suspicious pattern of activity between Trump-related servers and a Russian bank with ties to Vladimir Putin, Alfa Bank. (Id. ¶ 3). As a result of this “fraudulent evidence,” the Federal Bureau of Investigations (“FBI”) commenced “several large-scale investigations,” which were “prolonged and exacerbated by the presence of a small faction of Clinton loyalists who were well-positioned within the Department of Justice”—Defendants James Comey, Andrew McCabe, Peter Strzok, Lisa Page, Kevin Clinesmith, and Bruce Ohr. (Id. ¶ 7). And while this was ongoing, the Defendants allegedly “seized on the opportunity to publicly malign Donald J. Trump by instigating a full-blown media frenzy.” (Id. ¶ 6). As a result of this “multi-pronged attack,” Plaintiff claims to have amassed $24 million in damages.1(Id. ¶ 527). Defendants now move to dismiss the Amended Complaint as “a series of disconnected political disputes that Plaintiff has alchemized into a sweeping conspiracy among the many individuals Plaintiff believes to have aggrieved him.” (DE 226 at 1). They argue that dismissal is warranted because Plaintiff’s claims are both “hopelessly stale”—that is, foreclosed by the applicable statutes of limitations—and because they fail on the merits “in multiple independent respects.” (Id. at 2). As they view it, “[w]hatever the utilities of [the Amended Complaint] as a fundraising tool, a press release, or a list of political grievances, it has no merit as a lawsuit.” (Id.). I agree. In the discussion that follows, I first address the Amended Complaint’s structural deficiencies. I then turn to subject matter jurisdiction and the personal jurisdiction arguments raised by certain Defendants. Finally, I assess the sufficiency of the allegations as to each of the substantive counts. ____________________ BACKGROUND October 31, 2022 25 Highlights: https://drive.google.com/file/d/1QynNCV7iSPi-8b6dt605jmFTTNSaXtuD/view?usp=… PlaintifP’s pleadings and theories were obviously and fatally defective from the very inceptionof this action. Plaintiff's initial Complaint spanned 108 pages and S08 paragraphs. DE 1 (March 24, 2022). It named 28 individual defendants, as well as 10 John Does and 10 ABC Corporations. /d. Less than a month after the Complaint was filed, Hillary Clinton moved to dismiss it with prejudice. DE 52 (Apr. 20,2022). Defendant Clinton’s motion identified manyofthe fundamentalfactual deficiencies and legal flaws that would ultimately lead this Court to dismiss the Amended Complaint: namely, (1) that Plaintifs claims were untimely on their face, DE 52 at 1-5; (2) that Plaintiff's own tweets confirmed his knowledge ofhis supposed claimsno later than October 2017, DE 52 at 2-3; (3) that Plaintiffs Complaint was replete with inadequate and conclusory allegations, DE 52 at 6; (4) that Plaintiff failed to allege a RICO enterprise, DE 52 at 7; (5) that Plaintiff failed to allege the predicate act of theft of trade secrets based on DNS information, DE 52 at 8-9; (6) thatPlaintifffailedtoallege the predicate act ofobstructionofjustice in part because he identified no “official proceeding,” DE 52 at 9-10; (7) that Plaintiff failed to allege a patter of racketeering activity, DE 52 at 11-12; (8) that Plaintiff failed to adequately allege RICO standing because his supposed injuries were almostentirely undescribed, DE 52.at 12-14; (9) that Plaintiffs injurious falsehood claim was barred by the First Amendment, DE 52 at 15-17; (10) that Plaintiff failed to allege almost every necessary clementof injurious falsehood under Florida law, DE 52 at 17-18; (11) that Plaintiff failed to allege a malicious prosecution claim as to any official proceeding and, in particular, as to the properly predicated Crossfire Hurricane investigation, DE 52 at 19-20; and (12) that Plaintiff failed to allege a claim for “agency” because it is not an independent cause of action under Florida law. In response, Plaintiff's counsel indicated that they planned to amend the Complaint. DE 66 (Apr. 21, 2022). Defendant Clinton did not oppose counsel's request for an extension of time in whichto amend. See, e.g., DE 102 (Apr. 27,2022). In the intervening period, other Defendants joined Clinton's motion to dismiss and filed their own motions alertingPlaintiff and his counsel to additional fatal defects in the Complaint. See DE 124 (John Podesta), 139 (Peter Fritsch, Fusion GPS, Glenn Simpson); 141 (DNC Services Corporation, Democratic National Committee, Debbie Wasserman Schultz); 143 (Perkins Coie); 144 (Nellie Ohr); 145 (Robby Mook): 146 (Michael Sussmann); 147 (Mare Elias); 149 (HFACC); 157 (Rodney Joffe); 159 (Igor Danchenko); 160 (Neustar, Inc.); 162 & 163 (Charles Halliday Dolan, Jr.); 165 (Jake Sullivan). With respect to each motion, Plaintiff's counsel indicated that they planned to amend in response to the motions, and Defendants did not oppose extensionsof time to allow them to do so. See DE 153 (May 17,2022). PlaintifP’s counsel filed the Amended Complaint approximately two months after receiving Defendant Clinton’s motion to dismiss and with the benefit of Defendants” additional motions in the interim. DE 177 (June 21, 2022). “But despite this briefing, PlaintifPs Amended Complaint failed to cureanyofthe deficiencies.”DE 267 at 63-64 (Sept. 8, 2022) (“0p.”). “Instead, Plaintiff added eighty new pages of largely irrelevant allegations that did nothing to salvage the legal sufficiency of his claims.” Op. at 64. The Amended Complaint is “193 pages in length, with 819 numbered paragraphs,” and “contains 14 counts, names 31 defendants, 10 “John Does” described as fictitious and unknown persons, and 10 *ABC Corporations’ identified as fictitious and unknown entities.” Op. at 4. ____________________ BACKGROUND November 10, 2022 66 Highlights: https://drive.google.com/file/d/1ppCsJe6sSJKIionWtII4rI4qRMbKzBn3/view?usp=… The Complaint. In March 2022, Charles Dolan was among 29 defendants initially sued by Mr. Trump. (DE 1). He was identified as a former chairman of the DNC, a senior official in the Clinton Campaign, and a close associate of and advisor to Hillary Clinton. The Complaint alleged that in April 2016, Mr. Dolan participated in discussions about the creation of a “dossier” to smear Mr. Trump and disseminate false accusations to the media (Compl. ¶ 79), and at the direction of Ms. Clinton assisted in preparation of the dossier (Compl. ¶ 81). According to the Complaint, an allegation contained within the dossier that Mr. Trump engaged in salacious sexual activity in a Moscow hotel was derived from Mr. Dolan. (Compl. ¶ 91). Mr. Dolan was sued for RICO conspiracy (Count II), conspiracy to commit injurious falsehood (Count IV), and conspiracy to commit malicious prosecution (Count VI). The Warning Letter. On May 31, 2022, counsel for Mr. Dolan wrote the attorneys for Mr. Trump. They warned: 1. That Mr. Dolan had no role in any conspiracy related to the Steele dossier. 2. That Mr. Dolan was not a source for the allegations of sexual activity. 3. That Mr. Dolan had not been in contact with any defendant other than Igor Danchenko, and that Mr. Dolan’s contacts with Mr. Danchenko involved business interests and help for a conference in Moscow. 4. That Mr. Dolan had never been chairman of the DNC. 5. That Ms. Clinton was on record through a spokesperson as stating she had no recollection of Mr. Dolan. (DE 268-1). The letter requested that Mr. Dolan not be named as a defendant in any forthcoming Amended Complaint. The letter further warned that if he were to be named, or if he was not dropped from the original Complaint, Rule 11 sanctions would be sought. The Amended Complaint. On June 21, 2022, Plaintiff filed an Amended Complaint, as had been expected. It ballooned to 193 pages, 819 paragraphs and 31 defendants. With respect to Mr. Dolan, the allegations remained essentially the same. But in the Amended Complaint, Mr. Dolan was identified somewhat more vaguely as the former chairman of a “national Democratic political organization.” (Am. Compl. ¶ 96). Elsewhere, he was described as a “senior Clinton Campaign Official.” (Am. Compl. ¶ 4). Moreover, and somewhat inexplicably, Mr. Dolan was identified in the Amended Complaint as a citizen and resident of New York, despite a declaration that Mr. Dolan had provided to Plaintiff’s lawyers explaining that Mr. Dolan was a resident of Virginia. (Am. Compl. ¶ 20; DE 268-2). The Sanctions Motion and Memorandum. On July 15, 2022, Mr. Dolan served on Mr. Trump’s lawyers a motion seeking sanctions pursuant to Rule 11. The motion pointed out that the change in Mr. Dolan’s purported title from “former chairman of the DNC” in the original Complaint to “former chairman of a national Democratic political organization,” in the Amended Complaint did not solve the problems identified in the warning letter because Mr. Dolan had never been the chairman of any such organization. The motion further explained that Mr. Dolan’s role in the Clinton Campaign was limited to knocking on doors as a volunteer. The motion also stated that Mr. Dolan had never been a resident of New York, that Mr. Dolan had told Plaintiff’s lawyers so, and that the allegations of the Amended Complaint to that effect demonstrated a lack of diligence over something easily checked. Mr. Dolan’s motion for sanctions went on to place the Trump lawyers on notice of a critical failure in their claims, warning them that the Danchenko Indictment referenced throughout the Amended Complaint not only failed to support their allegations against Mr. Dolan but contradicted them. That warning continues to be unheeded. ____________________ BACKGROUND January 19, 2023 53 Highlights: https://drive.google.com/file/d/1sf0y-bIBdwaa1PO0Y3hKWhhImoXXCfbR/view?usp=… Plaintiff initiated this lawsuit on March 24, 2022, alleging that “the Defendants, blinded by political ambition, orchestrated a malicious conspiracy to disseminate patently false and injurious information about Donald J. Trump and his campaign, all in the hope of destroying his life, his political career, and rigging the 2016 Presidential Election in favor of Hillary Clinton.” (DE 1 ¶ 9). The next day, Alina Habba, Mr. Trump’s lead counsel told Fox News’ Sean Hannity: You can’t make this up. You literally cannot make a story like this up . . . and President Trump is just not going to take it anymore. If you are going to make up lies, if you are going to try to take him down, he is going to fight you back. And that is what this is, this is the beginning of all that.1 She then explained on Newsmax: What the real goal [of the suit] is, is democracy, is continuing to make sure that our elections, continuing to make sure our justice system is not obstructed by political enemies. That cannot happen. And that’s exactly what happened. They obstructed justice. They continued the false narrative . . . This grand scheme, that you could not make up, to take down an opponent. That is un-American.2 On April 20, 2022, less than a month after the Complaint was filed, Hillary Clinton moved for dismissal with prejudice. Her motion identified substantial and fundamental factual and legal flaws. Each of the other Defendants followed suit, pointing to specific problems with the claims against them. The problems in the Complaint were obvious from the start. They were identified by the Defendants not once but twice, and Mr. Trump persisted anyway. Despite this briefing and the promise “to cure any deficiencies,” Plaintiff’s counsel filed the Amended Complaint on June 21, 2022. (DE 177). The Amended Complaint failed to cure any of the defects. See DE 267, Order of Dismissal (September 8, 2022). Instead, Plaintiff added eighty new pages of largely irrelevant allegations that did nothing to salvage the legal sufficiency of his claims. (DE 267 at 64). The Amended Complaint is 193 pages in length, with 819 numbered paragraphs, and contains 14 counts, names 31 defendants, 10 John Does described as fictitious and unknown persons, and 10 ABC Corporations identified as fictitious and unknown entities. On July 14, 2022, the United States moved pursuant to the Westfall Act, 28 U.S.C. § 2679 (d)(i), to substitute itself as Defendant for James Comey, Andrew McCabe, Peter Strzok, Lisa Page, and Kevin Clinesmith. (DE 224). On July 21, 2022, I granted the motion to substitute. (DE 234). On September 8, 2022, I dismissed the case with prejudice as to all Defendants except for the United States. 3 I issued a detailed and lengthy Order, which I incorporate by reference here. (DE 267). I found that fatal substantive defects which had been clearly laid out in the first round of briefing, precluded the Plaintiff from proceeding under any of the theories presented. I found that the Amended Complaint was a quintessential shotgun pleading, that its claims were foreclosed by existing precedent, and its factual allegations were undermined and contradicted by the public reports and filings upon which it purported to rely. I reserved jurisdiction to adjudicate issues pertaining to sanctions. Undeterred by my Order and two rounds of briefing by multiple defendants, Ms. Habba continued to advance Plaintiff’s claims. In a September 10, 2022, interview with Sean Hannity, the host asked her “Why isn’t [Hillary Clinton] being held accountable for what she did?” Ms. Habba’s response reiterated misrepresentations on which this lawsuit was based: Because when you have a Clinton judge as we did here, Judge Middlebrooks who I had asked to recuse himself but insisted that he didn’t need to, he was going to be impartial, and then proceeds to write a 65-page scathing order where he basically ignored every factual basis which was backed up by indictments, by investigations, the Mueller report, et cetera, et cetera, et cetera, not to mention Durham, and all the testimony we heard there, we get dismissed. Not only do we get dismissed, he says that this is not the proper place for recourse for Donald Trump. He has no legal ramifications. Where what [sic] is the proper place for him? Because the FBI won’t help when you can do anything, obstruct justice, blatantly lie to the FBI, Sussmann’s out, he gets acquitted, where do you go? That’s the concern for me, where do you get that -- that recourse?4 She also indicated that, while Mr. Trump doubted the suit would succeed, she nevertheless “fought” to pursue it: You know, I have to share with you a story, Sean, that I have not shared with anybody. The recourse that I have at this point is obviously to appeal this to the 11th Circuit as Gregg said. But when I brought this case and we were assigned you know, this judge and we went through the recusal process, we lost five magistrates, including Reinhart [sic] who’s dealing with the boxes as we know. The former president looked at me and he told me, you know what Alina. You’re not going to win. You can’t win, just get rid of it, don’t do the case. And I said, no, we have to fight. It’s not right what happened. And you know, he was right, and it’s a sad day for me personally because I fought him on [it] and I should have listened, but I don’t want to lose hope in our system. I don’t. So, you know I’m deciding whether we’re going to appeal it.5 Defendants now move to recover attorneys’ fees and costs under Fed. R. Civ. P. 11, 28 U.S.C. § 1927, the Defend Trade Secrets Act, and/or this Court’s inherent power. (DE 280 at 1). In Part II, I find that a sanction under this Court’s inherent power is appropriate. I do so by examining Plaintiff’s (and his lawyers’) conduct throughout this litigation. In Part III, I look to Plaintiff’s conduct in other cases. And in Part IV, I determine the reasonableness of Defendants’ attorneys’ fees and costs.

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Adrienne Harris Is Crypto’s Most Powerful Regulator
by Gunnar Larson 24 Nov '24

24 Nov '24

THE MONEY GAME MAR. 30, 2022 Crypto’s Most Powerful Regulator Is Here Adrienne Harris, New York’s financial watchdog, has enormous sway over the industry’s future. By Kevin T. Dugan, staff writer at Intelligencer, who covers money and business Photo: Victor Llorente Thirteen years after the birth of cryptocurrency, it was supposed to be time for Washington to rein it in. Instead, the White House punted, and the Securities and Exchange Commission is still hashing out how it’s going to oversee the $2 trillion industry. State watchdogs have filled that vacuum, making Adrienne Harris, the head of the New York State Department of Financial Services, by default the most powerful crypto regulator in the country. While states such as Florida and Wyoming have adopted a laissez-faire approach to regulation, attracting a sizable chunk of the booming industry, more money and jobs are still flowing into New York than any other city, making it the de facto crypto capital of the U.S. “There’s a misconception that having rigorous regulation turns off innovative companies,” Harris tells me during an hour-long interview at her office looking out onto the Statue of Liberty last month. “That hasn’t been our experience here.” Sign up for Dinner Party A lively evening newsletter about everything that just happened. SIGN UP Harris was tapped as the first Black woman to lead DFS last year. She came into her position after a turn working in Silicon Valley and representing Wall Street banks, a résumé that critics have used to paint her as too close to the industries she is regulating. She’s eager to dispel any criticism that she’s soft as a regulator, especially when it comes to crypto. Harris says she’s looking to expand the agency’s remit, hire new regulators, and possibly watch over lending and asset management in decentralized finance, a.k.a. DeFi, one of the fastest-growing crypto industries, which has been prone to very large hacks. The agency’s power over the industry lies mostly with the BitLicense, a required if unloved permit for crypto exchanges to operate within state lines. When it was first introduced in 2014, it was meant to be a model for the country, but the crypto industry has attacked the license for being too strict, limiting what people can trade, and requiring expensive anti-money-laundering operations, which, it should be noted, most traditional financial institutions are required to maintain. For Harris, the problem isn’t that it’s too restrictive — it’s that the process of getting one, which has stretched years for some companies, is too slow. “If you think about the companies that are BitLicensees, and even the companies in the queue, having the imprimatur of ‘Have you passed regulatory muster with a stringent regulatory regime?’ — I think the good actors see that as a good thing,” she says. Created in 2011, DFS has been a regulator feared more than any of its counterparts in other states for the power it has over banks, insurance companies, and a host of other financial institutions. It brought ambitious money-laundering cases against banks like BNP Paribas (a settlement that resulted in several bankers losing their jobs), fined Deutsche Bank for its relationship with Jeffrey Epstein, and levied a $2.5 million fine on the National Rifle Association for selling its so-called murder insurance in the state. “DFS has a lot of teeth, and the sky’s the limit if the agency is exercised properly,” says state Sen. John Liu of Queens, a member of the state finance committee. “DFS compelled multinational banks to cough up $15 billion. We were able to build a couple bridges with that money. We still have much infrastructure in the state of New York that might benefit from DFS’s vigorous functions.” But part of DFS’s mandate is to keep the state’s economy healthy, a balancing act when it means protecting consumers from predatory, but also lucrative, companies. “For me, it’s an opportunity to bring my lived experience as a woman of color,” Harris says. So far, she has established the agency’s first climate division, frozen fees for check-cashing businesses that target the poor, and looked into non-bank lenders for evidence of redlining. “It’s important to me that those voices are at the table and being heard,” she says. “I bring a sort of pragmatism. It’s one thing to sit in our offices with nice views and make policy, but it’s another thing, in my mind, to really run the water through the pipes.” In 2008, Harris joined Sullivan & Cromwell, a law firm so close with Goldman Sachs that it has long sent its lawyers to work in-house at the investment bank. It was there that she worked for H. Rodgin “Rodge” Cohen, then the law firm’s chairman and the so-called trauma surgeon of Wall Street. Cohen remembers Harris working late into the night writing near-flawless memorandums so they’d be ready on his desk in the morning. “She just brought what I’d call a penetrating intelligence to the problems that were at hand,” Cohen tells me. “Many of the problems we get, you cannot just look up the answer in a book. It’s a question of judgment and trying to apply rules written often for other circumstances.” Still, it was clear that corporate law wasn’t for her. “Her heart was really in public service,” he says. From there, she went on to work for the Treasury Department, then the Obama White House, where she focused on policies around the then-upstart fintech industry. After the administration turned over, Harris took a spin through the revolving door between government and business. Her New York financial-disclosure forms show a superabundance of work with the tech and finance industries: She sat on the boards of six companies and nonprofits, including LendingClub, which had recently settled with the Federal Trade Commission over claims it had misled users on fees. She also advised 11 companies, owned two, and invested in or on behalf of two others. “I just thought, well, if you’re going to make policy about it, you should do the thing — run the company, build the company,” she says. “At the time, I felt very comfortable going to a start-up because I thought, well, coming out of government, you’re not making a ton of money. And if this start-up blows up, I’ll probably be no worse off, financially speaking.” It seems Harris did well enough. One real-estate tech company at which she worked went public last summer, and Harris appears to have cashed out. Since the disclosures were for 2020, they didn’t include her stake in Forethought, a private A.I.-based customer-service company that announced in December that it had attracted such investors as Harris, Ashton Kutcher, and Gwenyth Paltrow. When I asked her about Forethought, Harris said her investment in the company predated her time at DFS, that all her investments are now in a blind trust, and that she would recuse herself from any dealings with companies she has conflicts with. So when Hochul appointed Harris to lead DFS, she was attacked by the left. Zephyr Teachout and Cynthia Nixon both criticized Harris as being insufficiently independent, thanks to her connections in tech and finance. The American Prospect dug up a speech in which she characterized regulators as looking for “no-nos” and “icky things.” Harris has also advised the cash-advance companies Earnin, Brigit, and SmartWage (based in South Africa), according to her disclosures. In 2019, DFS led a multi-state investigation into the cash-advance industry over whether they created debt traps and state banking and anti-usury laws, since equivalent interest rates for the fees they charged would reach as high as 469 percent. A person directly familiar with the investigation told me that Harris’s predecessor was presented with multiple options for furthering the investigation, including reaching a settlement, but ultimately never made a decision. DFS wouldn’t comment. So, of all the companies to work for, why them? “My role, when I was working with those companies, was not to dictate price pricing or business model. It was more to say: Here’s how regulators would view this. Here’s why you should engage with them. Let me help you engage with them and figure out these issues and how you can also serve customers. Less pricing and business model, but, as an adviser who’s not in the day-to-day, helping to sort of guide a culture and mentality,” she says. Did she disagree with those arguing that these companies created debt traps for consumers? “I think it’s hard to paint with a broad brush,” she says. “I think we should always always be careful with any new products and services, that they are affordable and non-predatory, not creating debt traps, and that they’re solving a real problem for consumers. And I think some do that and some don’t.” Last summer, after Andrew Cuomo resigned as governor, many of his appointees went with him, including then-superintendent of DFS, Linda Lacewell. Soon Harris’s old boss, Cohen, had recommended her to Kathryn Wylde, the president and CEO of the Partnership for New York, a business-advocacy group that has advised DFS. “The folks at Sullivan & Cromwell thought that Adrienne would be a terrific candidate to field for that job given her eight years of experience in the Obama administration and the fact that she was somebody who understood industry,” Wylde says. “On the theory that a regulator should know something about the industries they’re regulating — which may be a novel concept but struck me as a valid one — I thought she sounded like a terrific candidate.” Harris sailed through her confirmation, with 63 senators voting for her and nine against. “When the regulated are complaining that the regulator is being too aggressive, that generally means the regulator is doing their job.” said Michael Gianaris, the state senator from Queens who voted against Harris’s nomination and, in 2019, tanked Amazon’s proposed HQ2 in New York. “Cuomo was a prick, and the people he appointed tended to share his bare-knuckles approach to the world. In some cases, that’s actually not a bad thing.” While the crypto industry doesn’t appear to be getting the reprieve it had been hoping for, other industries will surely lobby Harris to make similar gestures toward the business community. For instance, Wylde says that insurance companies are hoping that Harris will lower the reserves they are required to have on hold, which they claim are higher than what’s required by other states. “There are some long-standing issues that the industry has that they feel that they’ve got a fresh start on with Adrienne’s leadership,” she says. Still, crypto is going to play a major part in how Harris’s tenure is defined. “It’s clear that New York is doing well now and the companies that came and started here five to ten years ago are doing well,” says Matt Homer, a former deputy superintendent at DFS and the current executive-in-residence at the venture-capital fund NYCA Partners. “It’s not totally clear what the future will look like five to ten years from now.” New York is the home base for major exchanges such as Coinbase and Gemini, and it’s also home to shady NFT front-running scandals and alleged rapping billionaire money launderers. That such a volatile industry could implode and damage New York’s economy is apparent. “I understand that other states may have gone the opposite way of the BitLicense, but there are things we can do here in New York that will hopefully inform the federal regulators as they continue to think about this space,” Harris said. “It’s a new world with crypto, with DeFi, with NFTs.” SIGN UP FOR THE INTELLIGENCER NEWSLETTER Daily news about the politics, business, and technology shaping our world. Email SIGN UP TAGS: THE MONEY GAME CRYPTOCURRENCY LEAVE A COMMENT 12/12/2022 CRIME Sam Bankman-Fried Has Been Arrested in the Bahamas By Kevin T. Dugan The disgraced FTX founder is facing charges from both the Justice Department and the S.E.C. 12/12/2022 POLITICS Twitter’s Former Safety Head Forced From Home After Being Smeared by Elon Musk By Chas Danner Former Twitter executive Yoel Roth and his family have reportedly faced a torrent of harassment and threats after Elon Musk’s false claims. 12/12/2022 WHAT WE KNOW How Big Is the U.S. Fusion Breakthrough? By Chas Danner The Department of Energy’s Lawrence Livermore National Laboratory has reportedly achieved a historic milestone in nuclear fusion. MOST POPULAR The ‘Twitter Files’ Is What It Claims to Expose By ERIC LEVITZ Twitter’s Former Safety Head Forced From Home After Being Smeared by Elon Musk By CHAS DANNER How Big Is the U.S. Fusion Breakthrough? 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Dugan The Justice Department is weighing criminal charges against the world’s biggest crypto exchange. 12/12/2022 THE NATIONAL INTEREST Red-Pilled Elon Musk Still Loves the Chinese Communist Party By Jonathan Chait The Twitter owner may hate the left, but he does admire Leninism. 12/12/2022 ELON MUSK Elon Musk Gets Loudly Booed at Chappelle Comedy Show By Benjamin Hart “It sounds like some of the people you fired are in the audience.” 12/12/2022 POLITICS Jay Jacobs Has Few Regrets and No Apologies By Nia Prater Despite a bruising midterm, the Democratic boss isn’t going anywhere, to the frustration of critics. 12/10/2022 THE MEDIA The ‘Twitter Files’ Is What It Claims to Expose By Eric Levitz The purported exposé of Twitter’s political bias is itself an attempt to weaponize control of Twitter for political purposes. 12/9/2022 BRITTNEY GRINER What’s Next for Viktor Bout, According to His Lawyer By Amos Barshad Steve Zissou predicts the notorious arms dealer will now lead a “quiet existence.” 12/9/2022 WORLD CUP The Best Team in the World Is Out of the World Cup By Benjamin Hart Another devastating quarterfinals defeat for Brazil. 12/9/2022 POLITICS What Happens to Paul Whelan Now? By Nia Prater President Biden said his administration is not giving up on securing the former marine’s release from Russia. 12/9/2022 JUST ASKING QUESTIONS A Crisis-PR Veteran on Sam Bankman-Fried’s Odd Media Strategy By Benjamin Hart Eric Dezenhall thinks the explanation for SBF’s behavior is pretty straightforward. 12/9/2022 WORLD CUP Goalkeepers Gone Wild By David Gendelman At the World Cup, netminders are increasingly going on offense. The consequences can be miraculous or disastrous. 12/9/2022 THE NATIONAL INTEREST Kyrsten Sinema Is Playing Chicken By Jonathan Chait Declaring herself an independent is a way to force the Democratic Party into embracing her. 12/9/2022 FINDINGS Why Spending Time With Kids Might Actually Help Protect You From COVID By David Zweig Two studies find an immunological downside for adults who stay away from children. 12/9/2022 FIRST PERSON I Lost My Brother Twice By Alex Brook Lynn First to schizophrenia, then forever to the city. 12/8/2022 SPORTS Brittney Griner Is Coming Home From a Russian Prison By Margaret Hartmann And Nia Prater The WNBA star is headed home after being released in a prisoner swap for the notorious international arms dealer. 12/8/2022 STOP THE PRESSES Just What Did the Times Walkout Change? By Shawn McCreesh Some employees have said they are ready to vote on a strike authorization as soon as tomorrow. Others worry this has all gone too far. 12/8/2022 TREMENDOUS CONTENT Do the Trumps Want to Crop Kimberly Guilfoyle Out of the Family? By Margaret Hartmann Eric Trump felt compelled to announce that, despite the rumors, he doesn’t hate his brother’s fiancée. Ivanka Trump’s silence may say more. 12/8/2022 SAM BANKMAN-FRIED Sam Bankman-Fried’s Parents Are No Longer Teaching Law at Stanford By Kevin T. Dugan His mother says her sudden decision to retire now has “nothing to do with anything else going on.” 12/8/2022 TREMENDOUS CONTENT Donald Trump Cost Lara Trump Her Fox News Gig By Margaret Hartmann Nepotism giveth, and nepotism taketh away. 12/8/2022 And now the House 258-169-1, House passes bill to protect same sex marriages. 39 Rs vote for it. Bill heads to Biden —@mkraju 12/8/2022 BRITTNEY GRINER The 7 Craziest Facts About Arms Trafficker Viktor Bout’s Career By Matt Stieb Getting to know the “merchant of death” the U.S. just sent to Russia in a prisoner swap for basketball star Brittney Griner. SIGN IN TO COMMENT Like Us Follow Us ABOUT INTELLIGENCER ABOUT NEW YORK MAGAZINE NEWSLETTERS HELP CONTACT PRESS MEDIA KIT WE’RE HIRING PRIVACY TERMS AD CHOICES DO NOT SELL MY INFO ACCESSIBILITY INTELLIGENCER IS A VOX MEDIA NETWORK. © 2022 VOX MEDIA, LLC. ALL RIGHTS RESERVED. Holiday Sale: Save up to 70% and get two exclusive gifts with any annual plan. SUBSCRIBE NOW " https://nymag.com/intelligencer/2022/03/adrienne-harris-is-cryptos-most-pow…

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The Silk Road Investigation: A 'Pattern of Bad Behavior and Double Agents' ? Bitcoin News
by Gunnar Larson 21 Nov '24

21 Nov '24

Whete is Kathryn Haun when you need her on NYCCoin? ..... https://news.bitcoin.com/the-silk-road-investigation-a-pattern-of-bad-behav… by Jamie Redman Oct 22, 2019 The Silk Road Investigation: A 'Pattern of Bad Behavior and Double Agents' The Silk Road Investigation: A 'Pattern of Bad Behavior and Double Agents' Kathryn Haun, a general partner at U.S. venture capital firm Andreessen Horowitz, has revealed in recent interviews how she helped take down the Silk Road when she was working for the Attorney General’s office. According to her accounts, the U.S. government agency also asked her to help “start shutting down technology before it’s built.” Haun’s story also highlights how the U.S. government’s evidence against the Silk Road transpired because of double agents. Also read: FBI Agent Admits to Stealing Silk Road Bitcoins Seized by U.S. Marshals Kathryn Haun Was Asked to Disrupt Bitcoin in 2012 During the last few years, governments worldwide have been cracking down on digital assets like on and off-ramps that are tied to fiat. Regulations are far stricter than they were in the early days, when governments first heard about cryptocurrencies like bitcoin. Andreessen Horowitz general partner Kathryn Haun has a lot of experience working with government agencies when it comes to the cryptocurrency economy. She witnessed the takedown of the Silk Road darknet marketplace and before she started she was even asked to help dismantle the Bitcoin network. During an interview with CNBC, Haun revealed how a colleague mentioned the up and coming technology to her in 2012. “‘We have this perfect assignment for you – there’s this thing called Bitcoin and we need to investigate it,'” Haun told the news outlet on October 6. “That was the first time I’d ever heard of bitcoin,” she added. The Silk Road Investigation: A 'Pattern of Bad Behavior and Double Agents' Former Silk Road investigator Kathryn Haun. Attempts to shut down Bitcoin by agencies such as the U.S. Department of Justice were fruitless ventures, Haun detailed. “It would have been akin to saying ‘let’s go prosecute cash,'” the former prosecutor said. “What we heard with Libra were the same criticisms [about Bitcoin],” Haun remarked. While discussing the similarities between her early days with Bitcoin in contrast to Libra, she continued: They got more attention because of the high-profile nature of the project and the fact that Facebook was involved. I think it would be a really dangerous thing, and frankly a dangerous precedent to start shutting down technology before it’s built. Uncovering the Silk Road and Parallel Investigations During another recently published interview with Haun, the Andreesen Horowitz partner spoke with Hayman Capital founder Kyle Bass about her role during the prosecution of the Silk Road marketplace. “The Silk Road was making millions of dollars a month and they were generating a lot of revenue,” Haun stressed. She doesn’t remember exactly how the Silk Road case got opened in New York, but she recalls Senator Chuck Schumer read a Wired article that prompted him to wonder why the marketplace was allowed to exist. “So the Southern District of New York, which is another Attorney General’s office – I was in the U.S. Attorney General’s office in San Francisco – SDNY opened the case and was trying to figure out who was behind the Silk Road. At this same time, a D.C. office was also trying to figure out who was running the Silk Road — And there were parallel investigations going.” The Silk Road Investigation: A 'Pattern of Bad Behavior and Double Agents' Haun discusses the Silk Road investigation with Hayman Capital founder Kyle Bass. Haun explained that the government had task forces comprised of many alphabet soup agencies: “We’re talking the FBI, CIA, Secret Service, DEA, ATF, and the U.S. Marshals,” she underlined. “One task force, the one out of Washington D.C., they had an undercover agent. That undercover agent was able to befriend the person running the Silk Road. All the government knew at the time was that the person running the Silk Road went by the nickname ‘DPR’ for ‘Dread Pirate Roberts’ from the movie ‘The Princess Bride.’ So they didn’t know who DPR was, but the undercover agent actually set up an attempt to buy the Silk Road.” The Foundation of Evidence from the Silk Road Case Stemmed from Double Agents According to the former prosecutor, the undercover agent struck many online conversations with DPR and proceeded for the next two years to engage and message with the moniker. “A lot of things went wrong on both sides — From the Silk Road side, 2013 was a really bad year for the Silk Road because what you had was a person who had an online persona called ‘Death from Above,’” Haun said. “Death from Above starting extorting DPR and saying ‘if you don’t pay me hundreds of thousands of dollars in bitcoin I’m going to reveal your identity to law enforcement.’ Meanwhile, there was another online persona who went by the moniker ‘French Maid.’ French Maid was selling DPR information about the government’s investigation. French Maid told DPR the Feds are closing in and the end is near and you are about to be had.” Haun added: The government didn’t know any of this then and it all came out after the fact. In the midst of this, something else really bad happened in 2013 — About 21,000 bitcoins, which is today in excess of roughly $150 million dollars, went missing overnight from the Silk Road. From Silk Road vendor accounts and from what you might consider the petty cash account — Although there’s nothing petty about 21,000 bitcoins. The Silk Road Investigation: A 'Pattern of Bad Behavior and Double Agents' Haun’s story begs the question: How much evidence would the government have without the use of double agents and rogue officers manipulating the investigation? During the remainder of the interview, Haun discussed Curtis Green’s role with the Silk Road and said Green showed the Feds “how the Silk Road worked, how to log into it, how to reset vendor PINs and passwords, and of course [Green] had that access because he was the key administrator.” Haun also said Green even gave his laptop to the Feds to keep as evidence. The discussion with Kyle Bass shows how government agents claim to have dismantled the Silk Road from the words of a former Federal prosecutor. However, Haun wasn’t involved with the DPR takedown first hand, but she was very much involved with investigating rogue agents. At first, when she heard about the first rogue agent she took it with “a grain of salt” and actually said it was a shame the tipster was smearing a Federal agent’s good name. But the tipster was insistent and she decided to look into it. “We saw that this agent who we got the tip for was liquidating hundreds of thousands of dollars, if not millions a month, in cryptocurrency. So I thought it’s probably another undercover operation and there’s probably a legitimate explanation,” Haun explained. The Silk Road Investigation: A 'Pattern of Bad Behavior and Double Agents' >From left to right — Carl Mark Force, Shaun Bridges, and Curtis Green all played a ‘double agent’ role in the Silk Road investigation. Curtis Green was a Silk Road moderator who was told by the U.S. government to fake his own death. Haun concluded that the rogue agent was caught telling exchanges to destroy transaction histories. Because undercover agents who are running undercover operations shouldn’t be asking for evidence to be destroyed, it raised a red flag Haun said. Her team found a “pattern of really bad behavior to put it mildly” and in the end, it turned out the rogue agent was both online personas: French Maid and Death from Above. Essentially, the interview with Haun shows that Curtis Green, Shaun Bridges, and Carl Mark Force were acting as double agents during the entire investigation. The discussion with Haun further highlights how the Silk Road case was quite messy and many constitutional laws were broken by rogue agents in order to disrupt the site. Still, the U.S. government, with no thought toward constitutional law and a complete disregard for true justice, based all their Silk Road evidence on the shameful ethics of Curtis Green and two rogue cops — Carl Mark Force and Shaun Bridges. It goes to show that the many unanswered questions surrounding the case, like how government agents found the Silk Road’s IP address, which wasn’t due to a faulty ‘captcha’ screen as claimed, were likely due to perfidious agents gone rogue.

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Re: MIA Coin and POX Kleptocracy: CORRUPTION FIN-2022-A001 - SAR 38(m).
by Gunnar Larson 19 Nov '24

19 Nov '24

Dear Department of the Treasury: On 04/20/2022 (below), we contacted your esteemed office with concern of potential MiamiCoin (MIA Coin) klepocracy. MIA Coin and NYCCoin were born product of Stacks (STX) powered by POX technology. Today, xNY.io - Bank.org seeks Treasury's assessment on digital asset market manipulation and likely klepocracy associated with MIA Coin, FTX Stadium, the Mayor of Miami and Miami Dade County that has impacted our global enterprise. 1) In March 2021, FTX, a cryptocurrency exchange, acquired the naming rights to the arena for $135 million. The NBA approved the deal in early April, and the arena was fully renamed to FTX Arena in June 2021: https://www.nba.com/heat/news/heat-partners-with-ftxus 2) In September 2021, Miami Mayor Francis Suarez was interviewed by Fox Business on MIA Coin and how it generated $5M for the City of Miami. Mayor Suarez suggested that MIA Coin translates to increased life quality: https://twitter.com/FrancisSuarez/status/1440090602213871617?s=20&t=Ue01mCO… 3) In January 2022, FTX announced trading of STX: https://help.ftx.com/hc/en-us/articles/360059081712-FTX-has-listed-AXS-HUM-… >From xNY.io - Bank.org's initial kelpocracy memo to Treasury, market forces show multiple fraud and market manipulation instances spanning FTX, STX and MIA Coin that have directly impacted our enterprise in New York. We kindly seek your esteemed appraisal of the matter. Warm regards, Gunnar -- Gunnar Larson - xNY.io - Bank.org MSc - Digital Currency MBA - Entrepreneurship and Innovation (ip) G(a)xNY.io +1-646-454-9107 New York, New York 10001 On Wed, Apr 20, 2022, 4:38 PM Gunnar Larson <g(a)xny.io> wrote: > Dear Department of the Treasury: > > From the prompt of FinCEN's Resource Center, the details below are kindly > submitted to your esteemed attention. > > Please let me know if I can be of any assistance. > > Sending you the very best regards. > > Thank you, > > 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 > > ---------- Forwarded message --------- > From: Gunnar Larson <g(a)xny.io> > Date: Fri, Apr 15, 2022 at 1:17 PM > Subject: MIA Coin and POX Kleptocracy: CORRUPTION FIN-2022-A001 - SAR > 38(m). > To: <FRC(a)fincen.gov> > Cc: cypherpunks <cypherpunks(a)lists.cpunks.org> > > > Dear FinCEN: > > xNY.io - Bank.org, PBC thanks you for sending yesterday's advisory on > kleptocracy and foreign public corruption. We have made 30 highlights to > the FIN-2022-A001 > <https://drive.google.com/file/d/1yF3qDQG19J-qN1vUPC36lQfVClq3HPXB/view?usp=…> > advisory for reference. > > *The aim of today's memo is to learn FinCEN's insights into MIA Coin and > the consensus algorithm Proof of Transfer (POX). xNY.io - Bank.org, PBC is > concerned about potential MIA Coin and City Coin kleptocracy that may be > affecting our global enterprise. * > > *FinCEN may note that NYCCoin is illegal in New York State, given the > BitLicense mandate. As such, we are not concerned with NYCCoin's legality > given the clear BitLicense mandate. * > > - On February 4, 2022 we submitted a City of Miami records request for > any and all correspondence between the City of Miami concerning CityCoins, > MIA Coin and Stacks (STX). Additionally, any and all related correspondence > concerning CityCoins, MIA Coin, Stacks (STX), Digital World Acquisition > Corp and Harvard Management Company. > - Today, April 15, 2022 > <https://drive.google.com/file/d/1OyVUBq8PcG7SVZ5lUp_oWyL0IDAR5uTP/view?usp=…> > we have yet to receive the 13, 092 records. Attached you will find our > latest correspondence with Miami, notifying them of our intention to > contact FinCEN concerning MIA Coin and POX. > - Conducting independent marketplace research, xNY.io - Bank.org, PBC > established a premise to potential kleptocracy between the City of Miami > and City Coins, of Iceland <https://who.is/whois/citycoins.co> > international registration. Furthermore, MineMiamiCoin.com is registered > in Germany <https://who.is/whois/minemiamicoin.com>. > - Please find the City of Miami's resolution > <https://drive.google.com/file/d/1IrQwP46alrnQXRxIoXxm8kifZMVTRB_x/view?usp=…>approving > gifts from City Coins ... Furthermore, City Coins suggests a $25,000 > "reward" > <https://drive.google.com/file/d/1Eb2Q-LZNApwQRyjbBcD5-_yEW0Id51QD/view?usp=…> > (that may be confused as bribery) for Mayors who participate. > > MIA Coin is powered by POX > <https://drive.google.com/file/d/1wL2kN6aMfsyT-T7g01YJSBB8meMn2SWg/view?usp=…>, > a computer protocol that may exploit the U.S. and international financial > systems to launder illicit gains, including through the use of shell > companies, offshore financial centers, and professional service providers > who enable the movement and laundering. > > MIA Coin' POX protocol is a wealth extraction tool that unfairly rewards > an inside group of miners, rewarding patronage networks that benefit his > inner circle and regime. These practices harm the competitive landscape of > financial markets and often have long-term corrosive effects on good > governance, democratic institutions, and human rights standards. > > FinCEN, we are concerned Miami's City Coin > <https://drive.google.com/file/d/1IrQwP46alrnQXRxIoXxm8kifZMVTRB_x/view> > resolution potentially confirms Miami leaders as kleptocrats, using their > position and influence to enrich themselves and their networks of corrupt > actors. > > Finally, we understand that MIA Coin and POX operations are powered by > international data warehouses, located in Iceland, Germany and Hong Kong. > For these reasons, given FinCEN's alert on kleptocracy and foreign public > corruption we kindly seek guidance. > > Sending you the very best regards. > > Thank you, > > Gunnar Larson > -- > *Gunnar Larson - xNY.io <http://www.xNY.io> - Bank.org <http://Bank.org>, > PBC* > 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 > > ---------- Forwarded message --------- > From: Financial Crimes Enforcement Network < > fincenupdates(a)public.govdelivery.com> > Date: Thu, Apr 14, 2022 at 2:46 PM > Subject: FinCEN Updates: FinCEN Issues Advisory on Kleptocracy and Foreign > Public Corruption > To: <g(a)xny.io> > > > *You are subscribed to FinCEN Updates. The information below is available > at Fincen.gov.* > > *FinCEN Issues Advisory on Kleptocracy and Foreign Public Corruption* > > The Financial Crimes Enforcement Network (FinCEN) today issued an advisory > on kleptocracy and foreign public corruption, urging financial institutions > to focus their efforts on detecting the proceeds of foreign public > corruption — a priority for the U.S. Government as it continues to > implement the U.S. Strategy on Countering Corruption > <https://lnks.gd/l/eyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMDAsInVy…>. > The advisory provides typologies and potential indicators of kleptocracy > and other forms of foreign public corruption, namely bribery, embezzlement, > extortion, and the misappropriation of public assets. > > *News Release:* > > > https://www.fincen.gov/news/news-releases/fincen-issues-advisory-kleptocrac… > <https://lnks.gd/l/eyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMDEsInVy…> > > *Advisory: * > > https://www.fincen.gov/resources/advisories/fincen-advisory-fin-2022-a001 > <https://lnks.gd/l/eyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMDIsInVy…> >

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Re: [OpenRecords] Request FOIL-2023-056-15960 Acknowledged NYPD body cam footage, for NYCCoin Touting.)
by Gunnar Larson 19 Nov '24

19 Nov '24

Hello: Thank you for your Jul 16, 2023 response. xNY.io - Bank.org did not hear from you on November 29, 2023 as promised. Can xNY.io - Bank.org please receive the NYPD body cam footage for NYCCoin Touting by December 31, 2023? Warm regards, Gunnar Gunnar Larson -- 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, Dec 6, 2023, 11:11 AM Gunnar Larson <g(a)xny.io> wrote: > Hello: > > Any updates on the body camera footage mentioned below? > > Gunnar > > Gunnar Larson > xNY.io - Bank.org > 917-580-8093 > > On Thu, Nov 16, 2023, 7:10 AM Gunnar Larson <g(a)xny.io> wrote: > >> Dear Madam or Sir: >> >> I am just confirming that the NYCCoin body camera footage is still on >> track for November 29, 2023 delivery. Can you confirm as such please? >> >> The matter was recorded late March 2023. And xNY.io - Bank.org must close >> our EOY-23 books. >> >> Any further delay of the body camera footage could be a challenge to N.Y. >> Executive Law, Article 15 >> Human Rights Law, § 296. Unlawful discriminatory practices: >> >> 14. ... whether or not accompanied by the >> person for whom the dog is being trained. >> >> 16. It shall be an unlawful discriminatory practice, unless specifically >> required or permitted by statute, for any person, agency, bureau, >> corporation or association, including the state and any political >> subdivision thereof, to make any inquiry about, whether in any form of >> application or >> otherwise, or to act upon adversely to the individual involved, any >> arrest or criminal accusation of such individual not then pending against >> that individual which was followed by a termination of that criminal action >> or proceeding in favor of such individual, as defined in subdivision two of >> section 160.50 of the criminal procedure law, or by an order adjourning >> the criminal action in contemplation of dismissal, pursuant to section >> 170.55, 170.56, 210.46, 210.47, or 215.10 of the criminal procedure law, or >> by a youthful offender adjudication, as defined in subdivision one of >> section 720.35 of the criminal procedure law, or by a conviction for a >> violation sealed pursuant to section 160.55 of the criminal procedure law >> or by a conviction which is sealed pursuant to section 160.59 or 160.58 of >> the criminal procedure law, in connection with the licensing, housing, >> employment, including volunteer positions, or providing of credit or >> insurance to such individual; provided, further, that no person shall be >> required to divulge information pertaining to any arrest or criminal >> accusation of such individual not then pending against that individual >> which was followed by a termination of that criminal action or proceeding >> in favor of such individual, as defined in subdivision two of section >> 160.50 of the criminal procedure law, or by an order adjourning the >> criminal action in contemplation of dismissal, pursuant to section 170.55, >> 170.56, 210.46, 210.47, or 215.10 of the criminal procedure law, or by a >> youthful offender adjudication, as defined in subdivision one of section >> 720.35 of the criminal procedure law, or by >> a conviction for a violation sealed pursuant to section 160.55 of the >> criminal procedure law, or by a conviction which is sealed pursuant to >> section 160.58 or 160.59 of the criminal procedure law. An individual >> required or requested to provide information in violation of this >> subdivision >> may respond as if the arrest, criminal accusation, or disposition of such >> arrest or criminal accusation did not occur. The provisions of this >> subdivision shall not apply to the licensing activities of governmental >> bodies in relation to the regulation of guns, firearms and other deadly >> weapons or in relation to an application for employment as a police officer >> or peace officer as those terms are defined in subdivisions thirty-three >> and thirty-four of section 1.20 of the criminal >> procedure law; provided further that the provisions of this subdivision >> shall not apply to an application for employment or membership in any law >> enforcement agency with respect to any arrest or criminal accusation which >> was followed by a youthful offender adjudication, as defined >> in subdivision one of section 720.35 of the criminal procedure law, or by >> a conviction for a violation sealed pursuant to section 160.55 of the >> criminal procedure law, or by a conviction which is sealed pursuant to >> section 160.58 or 160.59 of the criminal procedure law. For purposes of >> this subdivision, an action which has been adjourned in contemplation of >> dismissal, pursuant to section 170.55 or 170.56, 210.46, 210.47 or 215.10 >> of the criminal procedure law, shall not be >> considered a pending action, unless the order to adjourn in contemplation >> of dismissal is revoked and the case is restored to the calendar for >> further prosecution. >> >> Thank you, >> >> Gunnar >> >> Gunnar Larson >> xNY.io - Bank.org >> 917-580-8053 >> >> n, Jul 16, 2023, 11:03 AM IABCMDCNTR <IABCMDCNTR(a)nypd.org> wrote: >> >>> Mr. Larson, >>> >>> The FOIL request you requested was acknowledged and a response will be on >>> or about Wednesday, November 29, 2023. They will follow-up with your >>> request. If the request is denied, and you would like to file a complaint, >>> we will assist you. Have a good day. >>> >>> >>> >>> *COMMAND CENTER, INTERNAL AFFAIRS BUREAU * >>> >>> >>> >>> >>> >>> >>> >>> This e-mail message and any attachment(s) is intended only for the >>> person and/or entity to which it is addressed and may contain CONFIDENTIAL >>> or PRIVILEGED material. Any unauthorized review, use, disclosure or >>> distribution is strictly prohibited and may violate applicable laws >>> including the Electronic Communications Privacy Act. If you are not the >>> intended recipient, please contact the sender by reply e-mail and >>> delete/destroy all copies of the original message. If you are the intended >>> recipient but do not wish to receive communications through this medium, >>> please so advise the sender immediately. Please treat this and all other >>> communications from the New York City Police Department as LAW ENFORCEMENT >>> SENSITIVE / FOR OFFICIAL USE ONLY. NO REPORT OR SEGMENT THEREOF MAY BE >>> RELEASED TO ANY MEDIA SOURCES. >>> >>> >>> ------------------------------ >>> *From:* Gunnar Larson <g(a)xny.io> >>> *Sent:* Sunday, July 16, 2023 10:56 AM >>> *To:* FDSHelpDesk(a)ethics.ny.gov <FDSHelpDesk(a)ethics.ny.gov>; >>> ethel(a)jcrope.ny.gov <ethel(a)jcrope.ny.gov>; IABCMDCNTR < >>> IABCMDCNTR(a)nypd.org> >>> *Cc:* letitia.james(a)ag.ny.gov <letitia.james(a)ag.ny.gov>; >>> cypherpunks(a)cpunks.org <cypherpunks(a)cpunks.org>; Harris, Adrienne A >>> (DFS) <Adrienne.Harris(a)dfs.ny.gov> >>> *Subject:* Fwd: [OpenRecords] Request FOIL-2023-056-15960 Acknowledged >>> >>> >>> >>> >>> *CAUTION! EXTERNAL SENDER* >>> >>> *STOP WHEN UNSURE.* Never click on links or open attachments if sender >>> is unknown, and never provide user ID or password. *Suspicious?* >>> Please report to this email address: reportphishing(a)nypd.org >>> >>> Dear New York Ethics Team: >>> >>> I am concerned that the FOIL below is subject to obstruction of justice. >>> >>> The FOIL request is for access to NYPD body cam footage, for NYCCoin >>> Touting. >>> >>> Ethics Team, I am concerned that the Chief of your office is also the >>> Chief of the City Mayor's office. >>> >>> The body cam footage should have an agreeable time for delivery. I am >>> concerned that the Mayor is retaliating against NYCoin and the NYPD may be >>> aware of this. >>> >>> The video would or would not delineate any form of unnecessary force. >>> The NYPD may be aware of this. >>> >>> Obviously, xNY is very protective of digital asset innovation. Ethics is >>> a serious matter and the body cam footage would be helpful concerning >>> NYCCoin. >>> >>> Sincerely yours, >>> >>> Gunnar >>> >>> Gunnar Larson >>> xNY.io - Bank.org >>> 917-580-8053 >>> >>> >>> ---------- Forwarded message --------- >>> From: <donotreply(a)records.nyc.gov> >>> Date: Fri, Jul 14, 2023, 12:25 PM >>> Subject: [OpenRecords] Request FOIL-2023-056-15960 Acknowledged >>> To: <g(a)xny.io> >>> >>> >>> The New York City Police Department (NYPD) has *acknowledged* your FOIL >>> request FOIL-2023-056-15960 >>> <https://a860-openrecords.nyc.gov/request/view/FOIL-2023-056-15960>. >>> >>> You can expect a response on or about Wednesday, November 29, 2023. >>> Additional Information: >>> >>> Your request has been assigned to PAA Quagliano (646-610-5296) >>> >>> >>> Please visit FOIL-2023-056-15960 >>> <https://a860-openrecords.nyc.gov/request/view/FOIL-2023-056-15960> to >>> view additional information and take any necessary action. >>> >>

1 6

Fwd: [OpenRecords] Request FOIL-2023-056-15960 Acknowledged NYPD body cam footage, for NYCCoin Touting.)
by Gunnar Larson 19 Nov '24

19 Nov '24

Dear Honorable Senator Gillibrand: My name is Gunnar Larson and I am a co-founder at xNY.io - Bank.org. Today I contact your esteemed office seeking assistance with retrieving the NYPD body camera footage mentioned below. The FOIL request was filed with the NYPD on July 14, 2023. The NYPD responded on July 16, 2023, noting a potential delivery date of the body camera footage by end of November 2023. As of today, January 12, 2024 xNY.io - Bank.org has not heard from the NYPD on receiving the body camera footage. Senator Gillibrand, I am concerned delay in receiving this body camera footage may disrespect your #MeToo zero tolerance policy. Humbly, the FBI should be able to confirm with your office if this is a "Don't Ask, Don't Tell" matter. Ultimately, I am concerned this matter should not impact the pure interests of your Lummis-Gillibrand Responsible Financial Innovation Act. The FBI should be able to be honest with your office concerning your Bloomberg Crypto Summit interview with Senator Lummis on the Responsible Financial Innovation Act. It is my understanding that the NYPD body camera footage could have been staged politically, given xNY's approach to NYCCoin. Senator Gillibrand, your office could offer anyone the opportunity to engage the new SDNY program here to protect honest integrity of the NYPD: https://www.wsj.com/articles/u-s-attorney-in-manhattan-launches-program-to-… . Thank you Senator Gillibrand. Sending you the very best regards, 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 ---------- Forwarded message --------- From: Gunnar Larson <g(a)xny.io> Date: Wed, Jan 10, 2024, 5:36 AM Subject: Re: [OpenRecords] Request FOIL-2023-056-15960 Acknowledged NYPD body cam footage, for NYCCoin Touting.) To: IABCMDCNTR <IABCMDCNTR(a)nypd.org> Cc: <cypherpunks(a)cpunks.org>, ethics.sm.records <records(a)ethics.ny.gov>, < ethel(a)jcrope.ny.gov>, <letitia.james(a)ag.ny.gov>, Harris, Adrienne A (DFS) < Adrienne.Harris(a)dfs.ny.gov>, <PressOffice(a)cityhall.nyc.gov>, Reader, Shaun < sreader(a)curtis.com>, <district3(a)council.nyc.gov> Good morning NYPD: Thank you for your Jul 16, 2023 response. xNY.io - Bank.org did not hear from you on November 29, 2023 as promised. Given the emerging situation in USA cryptocurrency markets, we are going to need to follow up with the NYPD every 10 days until we receive the NYCCoin touting body camera footage. Can you please update xNY.io - Bank.org on the status of the footage? We have received various replies from the City of New York on Mayor Adams' 'first checks in Bitcoin' mentioned here: https://www.nyc.gov/office-of-the-mayor/news/041-22/mayor-adams-receive-fir… . Have a good 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 Mon, Jan 1, 2024, 6:41 AM Gunnar Larson <g(a)xny.io> wrote: > Good morning: > > Happy New Year 2024 to you. > > Can we please have an update on this matter? > > 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 Fri, Dec 15, 2023, 3:51 PM Gunnar Larson <g(a)xny.io> wrote: > >> Hello: >> >> Thank you for your Jul 16, 2023 response. >> >> xNY.io - Bank.org did not hear from you on >> November 29, 2023 as promised. >> >> Can xNY.io - Bank.org please receive the >> NYPD body cam footage for NYCCoin Touting by December 31, 2023? >> >> Warm regards, >> >> Gunnar >> >> Gunnar Larson >> -- >> 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, Dec 6, 2023, 11:11 AM Gunnar Larson <g(a)xny.io> wrote: >> >>> Hello: >>> >>> Any updates on the body camera footage mentioned below? >>> >>> Gunnar >>> >>> Gunnar Larson >>> xNY.io - Bank.org >>> 917-580-8093 >>> >>> On Thu, Nov 16, 2023, 7:10 AM Gunnar Larson <g(a)xny.io> wrote: >>> >>>> Dear Madam or Sir: >>>> >>>> I am just confirming that the NYCCoin body camera footage is still on >>>> track for November 29, 2023 delivery. Can you confirm as such please? >>>> >>>> The matter was recorded late March 2023. And xNY.io - Bank.org must >>>> close our EOY-23 books. >>>> >>>> Any further delay of the body camera footage could be a challenge to >>>> N.Y. Executive Law, Article 15 >>>> Human Rights Law, § 296. Unlawful discriminatory practices: >>>> >>>> 14. ... whether or not accompanied by the >>>> person for whom the dog is being trained. >>>> >>>> 16. It shall be an unlawful discriminatory practice, unless >>>> specifically required or permitted by statute, for any person, agency, >>>> bureau, corporation or association, including the state and any political >>>> subdivision thereof, to make any inquiry about, whether in any form of >>>> application or >>>> otherwise, or to act upon adversely to the individual involved, any >>>> arrest or criminal accusation of such individual not then pending against >>>> that individual which was followed by a termination of that criminal action >>>> or proceeding in favor of such individual, as defined in subdivision two of >>>> section 160.50 of the criminal procedure law, or by an order adjourning >>>> the criminal action in contemplation of dismissal, pursuant to section >>>> 170.55, 170.56, 210.46, 210.47, or 215.10 of the criminal procedure law, or >>>> by a youthful offender adjudication, as defined in subdivision one of >>>> section 720.35 of the criminal procedure law, or by a conviction for a >>>> violation sealed pursuant to section 160.55 of the criminal procedure law >>>> or by a conviction which is sealed pursuant to section 160.59 or 160.58 of >>>> the criminal procedure law, in connection with the licensing, housing, >>>> employment, including volunteer positions, or providing of credit or >>>> insurance to such individual; provided, further, that no person shall be >>>> required to divulge information pertaining to any arrest or criminal >>>> accusation of such individual not then pending against that individual >>>> which was followed by a termination of that criminal action or proceeding >>>> in favor of such individual, as defined in subdivision two of section >>>> 160.50 of the criminal procedure law, or by an order adjourning the >>>> criminal action in contemplation of dismissal, pursuant to section 170.55, >>>> 170.56, 210.46, 210.47, or 215.10 of the criminal procedure law, or by a >>>> youthful offender adjudication, as defined in subdivision one of section >>>> 720.35 of the criminal procedure law, or by >>>> a conviction for a violation sealed pursuant to section 160.55 of the >>>> criminal procedure law, or by a conviction which is sealed pursuant to >>>> section 160.58 or 160.59 of the criminal procedure law. An individual >>>> required or requested to provide information in violation of this >>>> subdivision >>>> may respond as if the arrest, criminal accusation, or disposition of >>>> such arrest or criminal accusation did not occur. The provisions of this >>>> subdivision shall not apply to the licensing activities of governmental >>>> bodies in relation to the regulation of guns, firearms and other deadly >>>> weapons or in relation to an application for employment as a police officer >>>> or peace officer as those terms are defined in subdivisions thirty-three >>>> and thirty-four of section 1.20 of the criminal >>>> procedure law; provided further that the provisions of this subdivision >>>> shall not apply to an application for employment or membership in any law >>>> enforcement agency with respect to any arrest or criminal accusation which >>>> was followed by a youthful offender adjudication, as defined >>>> in subdivision one of section 720.35 of the criminal procedure law, or >>>> by a conviction for a violation sealed pursuant to section 160.55 of the >>>> criminal procedure law, or by a conviction which is sealed pursuant to >>>> section 160.58 or 160.59 of the criminal procedure law. For purposes of >>>> this subdivision, an action which has been adjourned in contemplation of >>>> dismissal, pursuant to section 170.55 or 170.56, 210.46, 210.47 or 215.10 >>>> of the criminal procedure law, shall not be >>>> considered a pending action, unless the order to adjourn in >>>> contemplation of dismissal is revoked and the case is restored to the >>>> calendar for further prosecution. >>>> >>>> Thank you, >>>> >>>> Gunnar >>>> >>>> Gunnar Larson >>>> xNY.io - Bank.org >>>> 917-580-8053 >>>> >>>> n, Jul 16, 2023, 11:03 AM IABCMDCNTR <IABCMDCNTR(a)nypd.org> wrote: >>>> >>>>> Mr. Larson, >>>>> >>>>> The FOIL request you requested was acknowledged and a response will be on >>>>> or about Wednesday, November 29, 2023. They will follow-up with your >>>>> request. If the request is denied, and you would like to file a complaint, >>>>> we will assist you. Have a good day. >>>>> >>>>> >>>>> >>>>> *COMMAND CENTER, INTERNAL AFFAIRS BUREAU * >>>>> >>>>> >>>>> >>>>> >>>>> >>>>> >>>>> >>>>> This e-mail message and any attachment(s) is intended only for the >>>>> person and/or entity to which it is addressed and may contain CONFIDENTIAL >>>>> or PRIVILEGED material. Any unauthorized review, use, disclosure or >>>>> distribution is strictly prohibited and may violate applicable laws >>>>> including the Electronic Communications Privacy Act. If you are not the >>>>> intended recipient, please contact the sender by reply e-mail and >>>>> delete/destroy all copies of the original message. If you are the intended >>>>> recipient but do not wish to receive communications through this medium, >>>>> please so advise the sender immediately. Please treat this and all other >>>>> communications from the New York City Police Department as LAW ENFORCEMENT >>>>> SENSITIVE / FOR OFFICIAL USE ONLY. NO REPORT OR SEGMENT THEREOF MAY BE >>>>> RELEASED TO ANY MEDIA SOURCES. >>>>> >>>>> >>>>> ------------------------------ >>>>> *From:* Gunnar Larson <g(a)xny.io> >>>>> *Sent:* Sunday, July 16, 2023 10:56 AM >>>>> *To:* FDSHelpDesk(a)ethics.ny.gov <FDSHelpDesk(a)ethics.ny.gov>; >>>>> ethel(a)jcrope.ny.gov <ethel(a)jcrope.ny.gov>; IABCMDCNTR < >>>>> IABCMDCNTR(a)nypd.org> >>>>> *Cc:* letitia.james(a)ag.ny.gov <letitia.james(a)ag.ny.gov>; >>>>> cypherpunks(a)cpunks.org <cypherpunks(a)cpunks.org>; Harris, Adrienne A >>>>> (DFS) <Adrienne.Harris(a)dfs.ny.gov> >>>>> *Subject:* Fwd: [OpenRecords] Request FOIL-2023-056-15960 Acknowledged >>>>> >>>>> >>>>> >>>>> >>>>> *CAUTION! EXTERNAL SENDER* >>>>> >>>>> *STOP WHEN UNSURE.* Never click on links or open attachments if >>>>> sender is unknown, and never provide user ID or password. >>>>> *Suspicious?* Please report to this email address: >>>>> reportphishing(a)nypd.org >>>>> >>>>> Dear New York Ethics Team: >>>>> >>>>> I am concerned that the FOIL below is subject to obstruction of >>>>> justice. >>>>> >>>>> The FOIL request is for access to NYPD body cam footage, for NYCCoin >>>>> Touting. >>>>> >>>>> Ethics Team, I am concerned that the Chief of your office is also the >>>>> Chief of the City Mayor's office. >>>>> >>>>> The body cam footage should have an agreeable time for delivery. I am >>>>> concerned that the Mayor is retaliating against NYCoin and the NYPD may be >>>>> aware of this. >>>>> >>>>> The video would or would not delineate any form of unnecessary force. >>>>> The NYPD may be aware of this. >>>>> >>>>> Obviously, xNY is very protective of digital asset innovation. Ethics >>>>> is a serious matter and the body cam footage would be helpful concerning >>>>> NYCCoin. >>>>> >>>>> Sincerely yours, >>>>> >>>>> Gunnar >>>>> >>>>> Gunnar Larson >>>>> xNY.io - Bank.org >>>>> 917-580-8053 >>>>> >>>>> >>>>> ---------- Forwarded message --------- >>>>> From: <donotreply(a)records.nyc.gov> >>>>> Date: Fri, Jul 14, 2023, 12:25 PM >>>>> Subject: [OpenRecords] Request FOIL-2023-056-15960 Acknowledged >>>>> To: <g(a)xny.io> >>>>> >>>>> >>>>> The New York City Police Department (NYPD) has *acknowledged* your >>>>> FOIL request FOIL-2023-056-15960 >>>>> <https://a860-openrecords.nyc.gov/request/view/FOIL-2023-056-15960>. >>>>> >>>>> You can expect a response on or about Wednesday, November 29, 2023. >>>>> Additional Information: >>>>> >>>>> Your request has been assigned to PAA Quagliano (646-610-5296) >>>>> >>>>> >>>>> Please visit FOIL-2023-056-15960 >>>>> <https://a860-openrecords.nyc.gov/request/view/FOIL-2023-056-15960> >>>>> to view additional information and take any necessary action. >>>>> >>>>

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Breaking News: Robinhood Rebrands as 'Libra'
by Gunnar Larson 17 Nov '24

17 Nov '24

With the news this week, from the archive: https://thecapital.io/article/breaking-news-robinhood-rebrands-as-libra---M… *Breaking News: Robinhood Rebrands as 'Libra'* SILICON VALLEY - Embroiled in the naturally malevolent evolutionary controversy of brand fakery <https://thecapital.io/article/robinhoods-brand-fake-vs-paypals-crypto-corru…> in the name of manipulating humanity, Robinhood Markets (a financial services company) rocked the brand marketing world by finally coming to its senses while vindicating Mr. Hood’s legacy. The company has distanced itself from the old Robinhood firm image of “we take advantage of our customers” with a fresh rebrand as ‘Libra.’ Celebrated humanitarian Richard Simmons applauded the name change. “Mr. Hood’s story of altruism is loved by young and old alike world-wide. Today Mr. Hood is vindicated from association to the former Robinhood’s tricky company shenanigans. The new ‘Libra’ image is a super smart act of serving our country well... I hope the all-stars at Bear Stearns will join me in congratulating the new ‘Libra’ brand,” Simmons said. *The nature and timing of the brand change raised eyebrows in New York, a recent familiar reaction to news from our pals <https://thecapital.io/article/robinhoods-brand-fake-vs-paypals-crypto-corru…> from the Valley.Gleefully contemplating the long term impact on society, this reporter touts the courage of the real Mr. Hood for opposing forces similar to that of the former Robinhood.* History will celebrate the newly minted Libra, which will be hailed for its valor in rebranding, even though it did so to escape the regulatory cloud that has hung over the Robinhood project since it first came into the public domain. (A Satirical Monograph on the News)

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Fwd: xNY.io - Bank.org, PBC | Memo #1 - The People?s Republic of China on ESG and D&O Innovation
by Gunnar Larson 14 Nov '24

14 Nov '24

---------- Forwarded message --------- From: Gunnar Larson <g(a)xny.io> Date: Wed, Jun 8, 2022, 2:12 PM Subject: xNY.io - Bank.org, PBC | Memo #1 - The People’s Republic of China on ESG and D&O Innovation To: <Adrienne.Harris(a)dfs.ny.gov> Cc: Weber, Richard (DFS) <Richard.weber(a)dfs.ny.gov>, Weintraub, Cathy (DFS) <Cathy.Weintraub(a)dfs.ny.gov>, Alexi Anania <a(a)xny.io> June 8, 2022 BY ELECTRONIC MAIL Superintendent, Adrienne A. Harris New York State Department of Financial Services One State Street New York, New York 10004 Adrienne.Harris(a)dfs.ny.gov Re: The People’s Republic of China on ESG and D&O Innovation Dear Madam Superintendent: xNY.io - Bank.org, PBC is proud to be under the esteemed oversight of your distinguished office. Today’s memo signals concern of recent ESG and D&O research published by Nanjing Audit University of the People’s Republic of China. The institution is operated under the auspices of the Jiangsu <https://en.wikipedia.org/wiki/Jiangsu> Provincial Government, the National Audit Office of China <https://en.wikipedia.org/wiki/National_Audit_Office_of_China> and the People's Bank of China <https://en.wikipedia.org/wiki/People%27s_Bank_of_China>. Kindly find the attached memo <https://docs.google.com/document/d/1THKGP530wiMOKurCd79mHSFfW6GvCrOJsRzyA_J…> addressed to your honorable attention. Respectfully yours, Gunnar Larson -- *Gunnar Larson * *xNY.io <http://www.xny.io/> - Bank.org <http://bank.org/>, PBC* 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 June 8, 2022 BY ELECTRONIC MAIL Superintendent, Adrienne A. Harris New York State Department of Financial Services One State Street New York, New York 10004 Adrienne.Harris(a)dfs.ny.gov Re: The People’s Republic of China on ESG and D&O Innovation Dear Madam Superintendent: xNY.io - Bank.org, PBC is proud to be under the esteemed oversight of your distinguished office. Today’s memo signals concern of recent ESG and D&O research published by Nanjing Audit University of the People’s Republic of China. The institution is operated under the auspices of the Jiangsu <https://en.wikipedia.org/wiki/Jiangsu> Provincial Government, the National Audit Office of China <https://en.wikipedia.org/wiki/National_Audit_Office_of_China> and the People's Bank of China <https://en.wikipedia.org/wiki/People%27s_Bank_of_China>. xNY.io - Bank.org, PBC is concerned that the Nanjing Audit University and the People’s Bank of China potentially could be mis-representing intent related to ESG and D&O innovation, at the expense of our global enterprise. 1. According to the Council on Forign Relations, China is the world’s top emitter, producing more than a quarter of the world’s annual greenhouse gas emissions, which contribute to climate change. 2. Nanjing Audit University’s “theoretical analysis and hypothesis developments” suggest that the People’s Republic of China is embryonic in the enforcement of ESG and/or D&O mandates. Meanwhile, suggesting Bloomberg as a reputational capital. 3. xNY.io - Bank.org, PBC has collated 37 highlights to Nanjing Audit University’s ESG and D&O research for NY-DFS consideration. As a Bill and Melinda Gates Scholar and Blockchain Scholar holding international law distinction(s) My international graduate research has touched on Western profit of China’s water resources. xNY.io - Bank.org, PBC seeks to protect pure New York State ESG and D&O innovation. Madam Superindnet, we attentively recognize you are the world’s most powerful regulatory leader in this regard. >From this humble perspective, xNY.io - Bank.org, PBC seeks to earn your respect and consideration to explore the New York False Claims Act as a potential channel. xNY.io - Bank.org, PBC hopes New York State welcomes this assessment at the liberty of your honorable office. Respectfully yours, Gunnar Larson | xNY.io <http://www.xny.io> - Bank.org <http://bank.org>, PBC 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 CC: Mr. Richard Webber

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xNY.io CRYPTOBANK White Paper
by Gunnar Larson 11 Nov '24

11 Nov '24

https://docs.google.com/document/d/1aeK8X8-2KDZ8tQPN5ksaUCXcxH9tbjexsUbW1ol… xNY.io CRYPTOBANK Table of Contents Introduction 2 Focus, Goals and Objective(s) 3 Strategic Intent 4 Innovation Strategy 5 Pioneering Human Resources (HR) Management in Banking 6 The Bitcoin Blockchain, Human/Civil Rights and Computer Crimes 7 Goldman Sachs’ Organization HR Management Analysis (MoneyGram and Ripple) 8 www.JUMO.World and Banking Africa 9 Earth_ID: Because Owning Your Identity is a Human Right 10 CryptoBank Environmental Analysis 11 The NEXO.io Conundrum 12 The Fireblocks Conundrum 13 Computer Software and the Blockchain Platform 14 Virtual Currency: Computer Software Protocols and Processes 15 Bank.org: Revolutionary Approaches to Agile Innovation 16 Conclusion 17 Bibliography 19 Introduction Crypto and Blockchain are each a Human Right. For all, everywhere. How does New York based bank fraud happen from the inside? People who commit crimes comprise departments and divisions of corporate organizations, and some current Human Resources (HR) management cultures lend well to the committing of crimes. What organizational HR management design structures are at play to architectect such fraud for bespoke juristical instances? Is there a unique opportunity for a fresh and clean New York-based international bank such as Bank.org? xNY.io argues that modern and innovative Executive Suites pioneer organizational HR management with the CEO and CFO leading the pack as the most ethical example for members in their organization. This key distinction calls for leaders to always adhere to a very strict, yet progressive, standard of ethics, even when it’s inconvenient. World renowned executive Jack McCullough suggests strict adherence is necessary, especially when it’s inconvenient. McCullough says that if you’re seen as a CEO and CFO “who will compromise when convenient, this approach will cause colleagues to consider all the talk about ethics to be lip service” (McCullough 2019). The leadership at xNY.io is clear-eyed, recognizing the importance of an extensive review program which seeks to explore all aspects of the following criteria as part of Legal, Compliance, and Governance (Bloomberg 2021), which is our internal due diligence framework based on first class industry standards and best practices (xNY.io | Bank.org n.d.). In summary, this HR management innovation essay outlines and explores three key concerns for modern Bank and CryptoBank organizations. These concerns are signaled by our regulators who rightly suggest that it is critically important that the organizers identify, at the beginning of the process, an available management team and board of directors (NY-DFS 2008): The theory of modern virtual currency cross-border regulation logic (Larson 2020a). How to protect xNY.io’s strategic partnership with Bank.org and its mandate to pioneer innovation(s) and noble advancement of modern international banking? Whereas, it is essential to safeguard virtual currency and its potential to galvanize international, economic and social advancement of all peoples (United Nations 1948). Most importantly, what organizational HR management structures are necessary to execute the proposed xNY.io and hybrid model framework, while engaging agile innovation to explore the potential of growing Bank.org into the World’s Best Bank and headquartered in New York (NY-DFS 2019)? Focus, Goals and Objective(s) Why would a New York bank build organizational HR strategies with the sole purpose of taking advantage of the most vulnerable for exorbitant profit? xNY.io’s focus is to fill a need in clarifying New York’s virtual currency standards to achieve progressive innovation while constantly promoting respect for human rights and personal freedoms by progressive measures, national and international, to secure their universal and effective recognition and observance across all global territories of business, protecting all peoples and all nations (United Nations 1948). Our simple strategy rests in the fact that virtual currency has cross-border utilities (European Commission 2021). Our real world experience has uncovered the strategy of a New York bank's misemployed Manhattan Island as a walled garden for bad HR management camps while wrongfully profiting off of the back of the most vulnerable across global markets (Law 360 2021). Our goal is to profit off the pivot from the textbook definition of marketplace manipulation, discussed herein related to the feasibility of automating stock market manipulation (Association for Computing Machinery 2020). The Supreme Court placed emphasis on the central role of deception to the concept of fraud.“ (T)he words ‘to defraud’ . . . primarily mean to cheat, . . . usually signify the deprivation of something of value by trick, deceit, chicane, or overreaching, and . . . do not extend to theft by violence, or to robbery or burglary.” (Hammerschmidt v. United States 1924). Bank.org feels confident in our knowledge and our direct dialogue with over 100 of the world’s leading scholars on the subject of international law: (Morris 2008) The International Criminal Court investigates and punishes people for genocide, crimes against humanity, and war crimes (Wikipedia 2021a). The International Court of Justice, sometimes referred to as the World Court, has two major functions. Firstly, it settles disputes, which the member countries may bring before it. Secondly, it may give its opinions on legal matters (Wikipedia 2021b). The objective of xNY.io’s research essay summarizes the discussion of New York bank organizations and the corresponding HR management architectures designed to target maximizing profits through conscious marketplace manipulation structures. The best xNY.io CryptoBank must be concerned with pioneering a business beyond leveraging computer crimes, a marketplace manipulation matter associated with current New York BitLicense architecture and subject to our attention related to cross-border/international organized groups that are cyber-based in New York (Federal Deposit Insurance Corporation 1989). Strategic Intent Imagine trying to open the best bank in the world and running up against BitLicense regulatory arbitrage (Poster 2019) just a few Manhattan blocks away. Composing a richly robust innovation strategy calls for a clear and honest appraisal of current marketplace conditions and identifying the firm’s current status. This requires xNY.io to not only be ambitious but also extremely articulate in outlining our strategic intent. We see our key competitive advantage in cleverley leveraging our vision cohesively with all available resources and modern ideals of Bank.org. Bank.org is aware that our uniqueness is very difficult for competitors to imitate. In her book Strategic Management for Technological Innovation, Mellissa Schilling suggests that the New York banking sector may be characterized as an oligopolistic industry in that there is a low degree of rivalry. Schilling explains that sometimes competitors choose to avoid head-to-head competition as a price collusion tactic (Schilling 2019). Being extremely clear and transparent, xNY.io's business models emphasize taking advantage of our competitors who have designed global regulatory abtrigatre frameworks at the expense of our customers (Buchak et al. 2017). Bank.org's stakeholder analysis highlights that many New York banks have ignored the ethical and moral implications of designing HR management structures with the sole purpose of training employees to act as footmen/footwomen in defrauding a global customer base. Furthermore, these bad actors revel in the naivety of potential rivals and government regulators as an operative procedure of HR management. Through an analysis of the best agile innovation strategy for execution, xNY.io and Bank.org have partnered to engage both backward vertical integration AND horizontal integration techniques (Tarver & James 2021): xNY.io is vertically integrating backwards by producing our own advanced blockchain technology for global payments. Bank.org aims to actively engage leveraged buyouts of competitor banks, a practice that is considered horizontal integration (Kenton & James 2021). From the very beginning, xNY.io and Bank.org’s ethical and moral incentives have been strategically integrated into a modern and innovative hybrid infrastructure. Spanning key global functions including (but not limited to) reserve management, international legal counsel, and public and government affairs and relations, we consider ethics to be a quality management concern. Honestly, the implications of our strategic intent are derived from the morals of our founders who seek to efficiently secure the smooth function of our cross-border operations. Innovation Strategy We recognize our competitors see modern innovation as merely improving efficiency of obsolete legacy bank systems and processes to keep their operations afloat. It is extremely troublesome that many New York bank HR leaders’ modi operandi detail strategies of seeking new revenue channels that target the most vulnerable across first to third world markets (Ripple 2013a). As part of our ethical leadership agenda, articulating xNY.io’s strategic intent enables the firm to incorporate our innovation practice into Bank.org’s cross-border development and rollout. Capital investments are required as part of a multidimensional performance architecture, along with real-time systems and computational analyses. Our honest deliberation and critical assessment of xNY.io’s strategic intent and development of new computational technologies brought to light the concern of competitors' engagement in computer crimes discussed in the following section. We recognize that true innovation goes beyond juvenile process efficiencies. Our innovation strategy constantly anticipates the future by recognizing where industry peers are failing today. This allows us to identify and execute products and services that are better - extremely better - than what the industry offers today. Schilling notes that successful and innovative firms question existing price performance assumptions. They attract customers by developing and introducing products that extend well beyond current market requirements and help mold the market’s expectations for the future (Schilling 2019). This separates us from our competitors' desperate attempts to cut costs rather than ethically addressing and improving their HR operations with corresponding moral incentives. Pioneering Human Resources (HR) Management in Banking As international scholars (Mills 2006), our founders believe in the future of virtual currencies and blockchain platform computer software. This belief has been cultivated and nurtured by some of the most recognized pioneers of the global blockchain industry (Bourne et al. 2018). We consider virtual currency and blockchain technology to be precious, appreciating assets with various growing benefits over the course of one’s lifetime. Rolling Stone profiles the New York bank JP Morgan Chase and the bank’s HR management techniques, highlighting the conscious disregard of the ethical and moral standards from Chase’s Executive Suite knowingly excited the peddling of bad products stuffed with scratch-and-dent loans to investors without disclosing the obvious defects of the underlying loans (Taibbi 2014). Chase has repeated deal after deal with the same poor and fraudulent organizational HR management methodology, as did many other banks. Rolling Stone goes on to say, “It’s theft on a scale that blows the mind.” New York banks and Silicon Valley technology firms have a long history of not only challenging but actively attacking beliefs that virtual currency and blockchain are innovative tools for means of payment and stores of value, going so far as to launch an ever-popular campaign: “Bitcoin has no value at all” (Torpey 2018). It is safe to say that between New York and Silicon Valley, many organizations, through their various HR management structures, have made calculated efforts to kill the blockchain economy before it even got off the ground (Al-Naji et al. 2018). For example, New York, Europe and Africa are connected by a freeway of cross-border arbitrage frameworks. Due to easily exploitable laws in developing countries, some BitLicensees’ operations straddle New York, Europe and Africa to evade detection and prosecution from law enforcement. Through various HR management structures, New York banks have consciously exacerbated regulatory loopholes resulting in virtual currency market manipulation affecting international computer technology systems and software such as the Bitcoin blockchain (Conway 2020). Speaking generally, at least during the Bitlicense’s 2015-2020 implementation phase, New York banks likely leveraged the BitLicense seeking to increase profits from cross-border virtual currency market manipulation (Pettinger 2019). The entire design for executing a loophole virtual currency standard only comes into practice if a group of New York HR managers, at the direction of the Executive Suite, puts together a scheme in secret to manipulate a bunch of technical rules that laymen don’t understand to deprive people of their money (Bagchi 2020). From the position of absolute and essential need of becoming a leading international bank, Bank.org has no other choice than to pioneer a necessary HR culture that supports our primary activities of operation. It is true that xNY.io came into existence as a tech-based response to the stated problems that specifically addresses both the threats of future damage and the current cross-border computer crime merry-go-round responsible for extortionate damage already inflicted. “We’ve got to change the cost-benefit calculus of criminals and nation-states who believe they can compromise U.S. networks, steal U.S. financial and intellectual property, and hold our critical infrastructure at risk, all without incurring any risk themselves...” (Wray 2020). The Bitcoin Blockchain, Human/Civil Rights and Computer Crimes Bank.org is wise to objectively research and strategically organize its HR leadership position as a pioneer, in comparison to current New York bank management structures. Given that honest and fair dealing of virtual currency is critical to blockchain technology, should admitted felons and serial miscreants (Martens & Martens 2020) be allowed to further expand their racket via global regulatory arbitrage and/or computer crimes? Satoshi Nakamoto’s Bitcoin whitepaper states, “What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party” (Nakamoto 2008). New York State Human/Civil rights laws are applicable internationally. “If a resident person or domestic corporation violates any provision of this article by virtue of the provisions of this section, this article shall apply to such person or corporation in the same manner and to the same extent as such provisions would have applied had such act been committed within this state except that the penal provisions of such article shall not be applicable” (N.Y. Executive Law 2019). Congress amended the definition of “protected computer” to make clear that this term includes computers outside of the United States so long as they affect interstate or foreign commerce or communication of the United States. This change addresses situations where an attacker within the United States attacks a computer system located abroad. This change also addresses situations in which individuals in foreign countries route communications through the United States with intent to extort from any person any money or other item of value, transmitted via interstate or foreign commerce (U.S. Congress 2002). Courts have interpreted expansively to define not only schemes to defraud individuals of money or property, but also schemes to defraud individuals of intangible interests and rights. Additionally, both mail and wire fraud statutes have been expanded to include schemes to deprive individuals of “honest services” (Eltringham 2015). What organizational HR management techniques are required for an enterprise to actively convince hundreds, if not thousands, of employees, clients and customers to pursue their strategy while knowing it was fatally flawed? Goldman Sachs’ Organization HR Management Analysis (MoneyGram and Ripple) MoneyGram, which has about 227,000 global money transfer agent locations in 191 countries and territories, was recapitalized in 2008 (same year of Bitcoin's whitepaper). Goldman Sachs acquired an equity interest of 63 percent in MoneyGram for about $710 million. Per the 2008 agreement, MoneyGram also received $500 million in debt financing from Goldman Sachs (Cordeiro 2011). Walmart is the only MoneyGram agent, for both the Global Funds Transfer and Financial Paper Products segments, that accounts for more than 10% of revenue. In 2020, Walmart accounted for 13% of total MoneyGram’s revenue and 16% in 2019 and 2018. Goldman Sachs (Investor) has a Participation Agreement with Walmart Inc. (Walmart) under which the Investor is obligated to pay Walmart certain percentages of any accumulated cash payments received by the Investor in excess of the Investor's original investment in the Company (MONEYGRAM INTERNATIONAL INC 2021). In 2016, Ripple received New York’s First NY-DFS BitLicense for an Institutional Use Case of Digital Assets (Larsen 2016). Shortly after being NY-DFS accredited, Ripple announced it was teaming up with MoneyGram to test payments using Ripple’s xRP virtual currency. During this time, Ripple was making headlines as the xRP digital currency had surged — and fallen — dramatically (Browne 2018). Soon after, Ripple announced a $50 million investment in MoneyGram snagging a 10% equity stake in the firm. Brad Garlinghouse, Ripple’s CEO, added that his firm would support MoneyGram’s “further expansion” into the European and Australian payment corridors (De 2019). Connecting the dots, MoneyGram is now one of the most expensive transfer providers (Tierney 2019) on planet Earth. Customers incur fees for postal mail, telephone calls, electronic mail, and other computerized messaging services. Computer crimes as a threat are no less of a threat because it is contingent, because the speaker does not intend or is unable to carry it out when the threat was not directly communicated to the MoneyGram customer as a target, or because the language used might be considered cryptic or ambiguously not part of the current New York BitLicense mandate. Ripple simply made MoneyGram’s business more efficient, thus accruing more profits for Goldman Sachs directed out of Manhattan. From 2019 - 2020, MoneyGram received more than $40 million in market development fees from Ripple Labs in return for providing liquidity to its On-Demand Liquidity (ODL) network. It can be calculated that 10%-15% of the proceeds came from Walmart customers, who are some of the most disenfranchised Americans financially. Over the last five years, through conscious organizational HR management, Goldman Sachs created layer upon layer of New York BitLicense-related disguises and cross-border systems under potential conspiracy and plausible deniability to computer crimes and marketplace manipulation. Goldman Sachs' various direct and/or indirect BitLicensee connections profit daily from virtual currency market manipulation computer crimes with cross-border reach, operating as a large syndicate group from lower Manhattan. www.JUMO.World and Banking Africa What is astonishing is that Ripple is powering some of JUMO’s bank customers (Ripple 2020), in a troublesome manner similar to MoneyGram. New York banks have a long and profitable history of exploiting regulatory arbitrage. Similar to the MoneyGram instance, some evidence shows that Goldman Sachs also seems to have entered Africa. Given that several enforcement actions and lawsuits in the United States specifically targeted banks’ treatment of minority borrowers (Taibbi 2014), it may not be surprising to learn of www.Jumo.World or “JUMO” (Buchak et al. 2017). A domain extension, in this case “.World” domain, is the targeted subject area of a computer program. It is a term used in software engineering (Wikipedia 2021): During the fourth quarter of 2018, JUMO successfully finalized a $65 million capital raise that was led by Goldman Sachs in New York. JUMO is a full technology software stack for building and running financial services, targeted at the world’s most disadvantaged populations. Today, JUMO operates across numerous African markets including Tanzania, Ghana, Zambia, Kenya, Uganda, and most recently in Pakistan, with plans to expand further across the sub-continent. Since its launch in 2014, more than 15 million people have saved or borrowed on the JUMO platform, with over $1.6 billion in funds disbursed to customers. Nearly 70% of JUMO’s customers are micro and small business owners. JUMO targets the unbanked population across several emerging and developing markets. A variety of JUMO’s partnerships with leading banks and mobile network operators creates a marketplace where consumers can access financial services and banks can access a new pool of mobile money customers (Vostok Emerging Finance Ltd 2020). Given the regulatory environment in Africa, it could be suggested that from New York, Goldman Sachs and Ripple’s organizational HR management structures once again aim to profit from some of the most vulnerable of the human population. Earth_ID: Because Owning Your Identity is a Human Right The modus operandi of JUMO’s business is a type of malicious bank software designed to encrypt or otherwise block access to valuable data (e.g. Digital Identity) until the victim agrees to provide a specified payment. The population of the African continent is approximately 1.2 billion people. Imagine a whole continent of people with no proof of identity and therefore no chance of having access to financial services, economic opportunities, or formal employment. These are basic services that are taken for granted and sadly are all too often denied to so many in our world today. Many countries in Africa lack the necessary means to establish and maintain basic systems of identity management, such as the registration of births, especially for the rural poor and underprivileged (Plumer et al. 2020). Earth_ID has plans to pilot the launch of it’s decentralized digital identity platform in collaboration with University of Nicosia’s (UNIC) very own African Partner, UNICAF. UNICAF has a physical presence on eleven campuses throughout Sub-Saharan Africa. We welcome the students and staff of UNICAF to be Earth_ID’s very first adopters, community leaders and validators in trust to our decentralized identity solution. Goldman Sachs from New York is a lead investor in UNICAF (Chege 2018). According to the United Nations Digital Solutions Centre, the creation of a unique personal United Nations ID (Earth_ID) using blockchain technology, which is portable across organizations (Dumitriu 2020). The proposal foresees that every United Nations organization could become a trusted authority writing information onto the blockchain. The organizations could run their own nodes separately, while the system will ensure scalability and interoperability. The Inspector recommends that the executive heads of the United Nations organizations support the creation of a United Nations digital ID. This will have multiple long term positive consequences in terms of saving time and resources, facilitating staff mobility in allowing certification and recognition of their knowledge and skills, reducing bureaucracy, and enhancing system-wide coherence. The descriptive definition of regulatory arbitrage suggests that New York banks’ organizational HR management, with direction from the Executive Suite, seeks to saturate lending to markets with more minorities and worse socioeconomic conditions (Buchak et al. 2017). CryptoBank Environmental Analysis How can xNY.io innovate from underdogs to elite high performers, becoming the best in the world? xNY.io - CryptoBank wants to create the best World Crypto Bank known to humanity, and we plan to do that expeditiously in 40+ countries and fiat currencies. xNY.io has a problem: We are displeased with Ripple powering customers like MoneyGram, Santander Bank and the other 300+ banking customers. Our frustrations hinge on Ripple seeming to be propping up the same bad banks that more or less rival Bitcoin's entire mission (Larson 2020b). Furthermore, instead of putting the MoneyGram and other bad traditional banks out of business, Ripple is looking to profit off of cross-border payment startups similar to our best World Crypto Bank (Ripple 2013b). Market segmentation determines groups of customers with common needs and wants. All over the world, young people strive to make money. Those who are at the beginning of the life road plan to grow financially. The high-interest rate of xNY.io deposit accounts will help customers make desirable choices for healthy and prosperous financial futures. Moreover, geographically, xNY.io has a keen focus to improve banking in developing countries on the African continent to help deprived people obtain the rights of digital identity and interdependent modern bank accounts with innovative products and services. Digital asset trading platforms like NEXO.io in Europe powered by Fireblocks in New York hop from more regulated jurisdictions to less regulated or unregulated countries, leading to so-called regulatory arbitrage or currency speculation (Pettinger 2019). NY-DFS and FDIC regulators have more trouble detecting and blocking illicit digital asset flows as virtual currency transactions are diverted away from compliant regulated Fireblocks in New York to unregulated trading gateway venues and peer-to-peer protocols that are directly against NY-DFS’ BitLicense mandate (FTI Consulting 2021). The chain of financial service providers includes several intermediaries, each drawing their own commission against the services provided. These operating principles date several years back, and it is difficult to make a paradigm shift from this existing operational hierarchy. This constraint is being utilized by middlemen and the established market players. Financial conglomerates use their supremacy, as well, to make sure their operations continue unchallenged. The industry generally fails to serve a sizable part of the community and this gap can only be bridged by new players. However, the strong market hold of the established players makes it seemingly difficult for innovators to contribute. The NEXO.io Conundrum Our role model for creating the best World Crypto Bank is NEXO.io. While Ripple's business of leveraging digital currency and blockchain technology is disheartening, the great success of NEXO's crypto bank and card is impressive. Case in point, NEXO's token and overall business solution is a better example (Trenchev 2018). NEXO is a great example for our best World Crypto Bank' but is funded by Goldman Sachs (Roony 2018), Which could be argued to be worse than Ripple. Goldman's blockage of crypto/blockchain development in the United States (U.S. Congress 2002) and Digital Identity in Africa (Plumer et al. 2020) cannot be overlooked. While Ripple is supporting the bad behavior of MoneyGram and other traditional banks with cards, NEXO is just the best bad version of Ripple funded by Sachs. Both are probably gaming the digital currency market and global blockchain innovation, and possibly humanity as a whole. Obviously, NEXO could get into trouble for operating an unregulated bank fast (Jennings 2018): Moreover, NEXO is, at various levels, illegal in the United States where the federal government regulates most banks (NEXO 2019). For example, in New York, some of the NEXO token benefits are forbidden by NY-DFS (Sokolowski 2021) . Nexo doesn't have a Bitlicense, but they still operate in New York (u/zylstrar 2019). New York State Attorney General Letitia James has made it clear that virtual currency firms must abide by the BItLicense or risk being shut down (Sharma 2021). Additionally, United States authorities could force NEXO to offer Federal Deposit Insurance Corporation (FDIC) insurance on its accounts (Buchak et al. 2017) . It could be argued that Ripple (xRP) and NEXO.io (NEXO) built entire global operations as direct/indirect BitLicensees with intent to profit from various cross-border computer crimes such as market manipulation while being partially funded and/or directed out of New York (U.S. Congress 2002). However, NEXO operates like a bank. To explain, clients put cryptocurrency in a wallet, borrow against it and receive funds through the NEXO wallet. NEXO claims it can tap some huge markets that include crypto investors, crypto miners, and hedge funds. Hence, NEXO looks like an investment bank. Tellingly, NEXO looks a great deal like Goldman Sachs’ Marcus platform. For example, both NEXO and Marcus offer loans and savings accounts. The Fireblocks Conundrum A few blocks south of Times Square in New York City, Fireblocks (Google Maps 2021) powers the global operations of NEXO.io headquartered in Europe. The CEO of Fireblocks has discussed his firm's $135 million investment led by BNY Mellon and others: “‘While we have no plans to become a bank, we believe our infrastructure will lend itself perfectly to power an entirely new era of financial services,’ Shaulov added. ‘Developing products to bridge digital and traditional assets is foundational to the future of custody.’ Roman Regelman, BNY Mellon’s asset servicing CEO and digital head said, ‘Following significant due diligence and market research, we recognize Fireblocks as a market leader in providing secure technology to support digital asset services’” (Shome 2021). As previously noted, New York, Europe and Africa are connected by a freeway of cross-border arbitrage frameworks. Due to easily exploitable laws in developing countries, some BitLicensees’ daily operations straddle New York, Europe and Africa to evade detection and prosecution from law enforcement (Larsen 2016). The Financial Action Task Force (FATF) identifies the “Travel Rule,” also known as “Regulatory Arbitrage,” as a stand-out concern that is perhaps the most glaring example of the lack of global harmonization of policies designed to combat illicit financial flows in the crypto markets. Fireblocks in New York powering the European based NEXO.io’s Global CryptoBank (Metodiev 2020) operations at worst fueled a black-market financial system and at best purposely and deliberately existed outside of the NY-DFS BitLicense and bank industry regulations (Cyber Digital Task Force 2020). Fred Ehrsam, co-founder and managing partner at Paradigm (Ehrsam 2021), is a lead investor in Fireblocks where he also serves as a board member. Previously, Ehrsam co-founded Coinbase, the largest cryptocurrency company in the US, and held the role of president from 2012 to 2017. Ehrsam purchased his first Bitcoin in 2011 and has been an angel investor in some of the space’s most formative companies. Prior to Coinbase, Ehrsam was a foreign exchange trader at Goldman Sachs in New York. Ehrsam holds a B.S. in Computer Science and Economics with honors and departmental distinction from Duke University (Fireblocks 2020). Computer Software and the Blockchain Platform International Business Machines Corporation (IBM) is one of the world’s largest computer firms and is headquartered in New York (Wikipedia. 2021). IBM distinguishes the blockchain platform technology as computer software (International Business Machines Corporation (IBM) 2021). Given IBM’s modus operandi, it could be concluded that the Bitcoin blockchain is also computer software. Yet, New York banks can use those same innovations for their own illegitimate ends, imposing great costs on the public. Today, few technologies are more potentially transformative and disruptive—and more potentially susceptible to abuse—than virtual currency (Cyber Digital Task Force 2020). 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 (Prior 2020), the SEC has alluded that this kind of regulatory arbitrage fraud was concerning (U.S. Securities and Exchange Commission (SEC) n.d.). An uncoordinated regulation can potentially have a stifling effect by way of creating inconsistent regulatory requirements on top of increased compliance costs to the industry. Virtual Currency: Computer Software Protocols and Processes The Internal Revenue Service (IRS) classifies virtual currency such as Bitcoin as a computer software code. For example, Bitcoins counted at 21 million corresponds to a specific number of mining rewards that can be given, and this is all written into a code (Yamalis 2018). xNY.io’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 (Larson 2021a) . Technological innovation and human flourishing are complementary concepts, but the former does not guarantee the latter. Good public policy along with ethical CEOs and CFOs at New York banks operating international HR management organizations pioneer innovation of such policy (Eltringham 2015). Marketplace manipulation and virtual currency regulatory arbitrage undoubtedly stifles innovation and human flourishing. The absence of protection under the law can endanger progress across both dimensions. It takes careful consideration, and a deep and ongoing immersion in the facts, to understand when and how law should intervene (FTI Consulting 2021). Even in societies where transformative scientific and technological advancements are achievable, ethical and moral CEOs and CFOs play a critical mediating role. In the wrong hands, or without appropriate safeguards and oversight, these advancements can facilitate great human suffering. Keeping all this in mind with a positive/optimistic attitude, a series of smart and calculated leveraged buyouts can innovate beyond New York banks’ cross-border computer crime(s) such as (Prior 2020): Conspiracy to Commit Fraud and Related Activity in Connection with Computers Conspiracy to Commit Wire Fraud Intentional Damage to a Protected Computer Transmitting a Demand in Relation to Damaging a Protected Computer The U.S. government could appropriately assert jurisdiction over such offenses anywhere in the world, consistent with due process, under the principle of protective jurisdiction. That principle holds that, “[F]or non-citizens acting entirely abroad, a jurisdictional nexus exists when the aim of that activity is to cause harm inside the United States or to U.S. citizens or interests” (Cyber Digital Task Force 2020). Bank.org: Revolutionary Approaches to Agile Innovation A prerequisite to protecting our future customers' lifelong returns and Bank.org’s profits calls for Bank.org’s engagement of agile innovation in manufacturing new and revolutionary approaches to international banking from our New York headquarters. The key aim of the Bank.org endeavor, and our primary goal, is to attain the legitimate financial inclusion and economic prosperity of all people, including the excluded, under-privileged and under-served. Bank.org is taking advantage of the New York banking industry at a crossroads. On the one hand, digital banking services are rising to the forefront and drawing increasing interest from customers. On the other, brick-and-mortar banking remains an important way to connect with customers on a local and personal level. Bank.org intends to be a true borderless enterprise serving customers in over 200 jurisdictions and 40+ fiat and virtual currencies. Bank.org has the luxury of an opportunity to be fresh, clean and pure in comparison to many of our legacy “multiple felon” bank peers directing global operations out of New York. Citibank has become the latest bank to be sued by a British currency investment firm over allegations that its traders manipulated foreign exchange markets for profit. Furthermore, expanding litigation accuses the company of trade front-running. Bank.org’s scope as an international bank engages xNY.io to lead our virtual currency innovation practice. xNY.io is a pioneering instrument to elegantly complement Bank.org’s international bank operations. The best bank in the world has energy to pioneer relentless HR innovation with passion to create those means, build those processes and those systems that will facilitate inclusive solutions to those problems which rob so many of a chance to realize their goals and achieve their full potential. Bank.org’s barriers to global market penetration include government(s) that sponsor our peers who historically do not factor in the social benefits of bank competition or of effective natural monopoly regulation of global New York firms like Goldman Sachs. That is, regulators may grant licenses to firms that are operating at a high level as state firms and so appear valuable to private markets. This experience is supported by Bank.org’s analysis and vision of the best performing global online institutions (versus money center banks), which shows the principle in practice. Conclusion 2021 in New York now brings us to cooperation versus competition and rationality versus altruism. As with many situations in real-life, the games are often not zero-sum, but by cooperative efforts all players can be better off (Larson 2021b). In 1973, John Maynard Smith presented an idea explaining game theory and how alpha culture exists in societies. Maynard’s hypothesis asked you to imagine a world with doves and hawks. If there would be only hawks, their fights would be devastating to their population. If there would be only doves, they would be susceptible to any intruders, therefore such a population would also not be stable. But the right combination of hawks and doves would be evolutionarily stable (Smith & Corbin 1973). We witness again and again that US American enterprises (aka New York Banks), in particular, are being built by one or two supposedly shiny figures (CEO or CFO) who have questable ethics and morals. The qualitative effect on organizational HR Management is an Executive Suite that assembles subpar teammates around him or her. The firms focus on the growing experience and network of that single person and are closely associated with the individual’s character. Business relationships are being entered and trust being built with that individual rather than the firm as an institution. Startup companies like xNY.io and Bank.org that dare to explore more novel approaches and non-hierarchical structures, though, show successes, as do larger organizations formalizing and adopting respective strategies. However, within the New York banking community with its various regulators, there appears to be a window of opportunity for smart innovation. Anecdotal observations yet again identify the root cause in the vast multidisciplinary nature of the domain, and in the all-so-technical backgrounds of its protagonists where Executive Suites and organizational HR managers cling to their old habits while placing less importance on innovation and executing modern organizational insights bank wide. Behavioral and organizational research impressively underline a very simple “game,” in which the conditions for survival (be nice, be provocable, promote mutual interest) seem to be the essence of ethics and morality. While this does not yet amount to a science of ethics or morality, the game theory approach has clarified the conditions required for the evolution and persistence of cooperation, and shows how Darwinian natural selection can lead to complex behavior, including notions of morality, fairness, and justice, beyond alpha culture. In the 1980s, Professor of Political Science Robert Axelrod ran a tournament inviting strategies from collaborators all over the world. Axelrod found that the winning strategy that performed the best overall (not in every game, but on average), was “Tit-for-Tat,” also called look-back strategy or reciprocal altruism. It worked simply by starting the first iteration with cooperation, then looking back at the opponent’s last move and copying it in the next iteration (Axelrod 1980). In summary, the best strategies were found to have these surprising properties: Be nice – don‘t be the first to defect. Be provocable – return actions, both in retaliation and forgiveness. Don‘t envy – don‘t focus on beating the opponent, but on maximizing your own score. Don‘t be tricky – anytime you try to exploit the opponent, you will provoke revenge. Bank.org is happy to make ethically sound risks to aggressively protect our future customers' returns and our firm’s bottom line. The assumption our competitors have is that historically New York banks’ CEOs and CFOs do not engage the strategic roadmaps offered by a new aggressive market entrant such as the xNY.io and Bank.org. Bibliography Al-Naji, N., Chen, J. & Diao, L., 2018. Basis: A Price-Stable Cryptocurrency with an Algorithmic Central Bank. Basis.io, 0.99.7. Available at: http://www.basis.io/basis_whitepaper_en.pdf [Accessed April 24, 2021]. Association for Computing Machinery, 2020. On the Feasibility of Automating Stock Market Manipulation. ACSAC ’20: Annual Computer Security Applications Conference, p.962. 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