- cypherpunks - lists.cpunks.org

"...whatever hurts our human family, we can only care about if we know about it. That's my job." Women Who Care
by Gunnar Larson 19 Nov '23

19 Nov '23

"...whatever hurts our human family, we can only care about if we know about it. That's my job." Shes a pretty great woman. https://m.facebook.com/story.php?story_fbid=388917417285&id=557212285&mibex…

1 0

IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE In re: FTX TRADING LTD., et al., 1 Debtors. Chapter 11 Case No. 22-11068 (JTD) September 11, 2023
by Gunnar Larson 19 Nov '23

19 Nov '23

FBI, how does the New York crypto RICO look from the regulator's September 11, 2021 board resignation at Lending Club to the September 11, 2023 FTX CH. 11 paperwork. We will have to go to Hong Kong to suez where the STX data is housed to really innovate beyond FTX fraud. SBF has human rights too and obstruction, conflicts ... Trump loans that are trumped by X.com loans held by Binance. The FTX fraud is sad, sure but in 2022 the regulator saw a larger fraud than FTX with the pensions: https://comptroller.nyc.gov/services/financial-matters/pension/asset-perfor… . ---- PLEASE TAKE FURTHER NOTICE that, on September 11, 2023, the Debtors provided a presentation (the “Presentation”) to the Committee, AHC and Customer Group, a copy of which is attached hereto as Exhibit A.: https://drive.google.com/file/d/1wr3bFkYVs_BObw_Qb3P-aMEePD0ZM2az/view?usp=…

1 0

Fwd: FOIL Request Confirmation from Open FOIL NY (September 11, 2021 Lending Club Board of Directors)
by Gunnar Larson 19 Nov '23

19 Nov '23

---------- Forwarded message --------- From: <noreply(a)its.ny.gov> Date: Sat, Nov 18, 2023, 10:24 PM Subject: FOIL Request Confirmation from Open FOIL NY To: <G(a)xny.io> Thank you for submitting your FOIL request through Open FOIL NY. Here is your Open FOIL NY confirmation information for future reference: LARSON_DFS_20231118222437651 LARSON_DHR_20231118222437651 *INFORMATION SUBMITTED:* *Records Requested From* Department of Financial Services Division of Human Rights *Short Title* xNY.io - Bank.org *Description* “Dear Sir or Madam: Please submit any and all records related to the LendingClub.com September 11 Board of Directors resignation below. The date of the resignation is in question. You may understand the sensitive nature of the date of the resignation Gunnar Larson Sun, Oct 24, 2021, 5:06 PM to Anuj, Investor, Press Hello there: Thank you very much for the reply. Gunnar On Sun, Oct 24, 2021, 11:36 AM Anuj Nayar wrote: Hi Gunnar On September 11, 2021, in connection with her nomination to serve as superintendent of the New York State Department of Financial Services, Adrienne Harris notified us of her resignation, effective September 12, 2021, from the Company’s Board. Details can be found in the 8k filed on 9/15/21 (below) https://d18rn0p25nwr6d.cloudfront.net/CIK- 0001409970/bbc437e4-2920-4d5d-8e0d-86bca622f0ca.pdf <https://d18rn0p25nwr6d.cloudfront.net/CIK-0001409970/bbc437e4-2920-4d5d-8e0…> From: Gunnar Larson Date: Saturday, October 23, 2021 at 9:37 AM To: Investor Relations , Press Cc: Gunnar Larson Subject: [EXT] LendingClub: Current Board of Directors CAUTION: This email originated from outside of the organization. Do not click links or open attachments unless you recognize the sender and know the content is safe. Dear Madam or Sir: Good day to you. Surveying market research, I was wondering if you can kindly confirm, from LendingClub's July 15, 2021 press release: Is Ms. Adrienne Harris currently a member of LendingClub's board of directors? https://www.prnewswire.com/news-releases/lendingclub-appoints-adrienne-harr… board-of-directors-301335198.html#financial-modal <https://www.prnewswire.com/news-releases/lendingclub-appoints-adrienne-harr…> [prnewswire.com] Reviewing your website, Ms. Harris is not referenced: https://www.lendingclub.com/company/leadership Bloomberg and other sources do not reference Ms. Harris as a LendingClub board member: https://www.bloomberg.com/quote/LC:US [bloomberg.com] Sending you the very best regards. Thank you, Gunnar -- Gunnar Larson - xNY.io [xny.io] | Bank.org [bank.org] MSc [unic.ac.cy] - Digital Currency MBA [unic.ac.cy] - Entrepreneurship and Innovation (ip) G(a)xNY.io +1-646-454- 9107 New York, New York 10001 *Uploaded Files* *FOIL Response Format* Email *If fees apply, please contact me if costs will be greater than* $10000 Your FOIL request has been forwarded to the organization(s) you selected, and the respective Records Access Officer will contact you directly for further processing of your request. Please allow up to five business days for such communication(s). For your convenience, here is additional contact information: Department of Financial Services One State Street 20th Floor New York, NY 10004 Division of Human Rights One Fordham Plaza 4th Floor New York, NY 10458

1 0

The Statue of Liberty: The Meaning and Use of a National Symbol | NEH-Edsitement
by Gunnar Larson 19 Nov '23

19 Nov '23

"We will not forget that Liberty has here made her home; nor shall her chosen altar be neglected." —President Grover Cleveland, accepting the Statue of Liberty on behalf of the U.S., October 28th, 1886 A symbol stands for an idea. The Statue of Liberty stands in Upper New York Bay, a universal symbol of freedom. Originally conceived as an emblem of the friendship between the people of France and the U.S. and a sign of their mutual desire for liberty, it was also meant to celebrate the abolition of slavery following the U.S. Civil War. Over the years the Statue has become much more. It is the Mother of Exiles, greeting millions of immigrants and embodying hope and opportunity for those seeking a better life in America. It stirs the desire for freedom in people all over the world. It represents the United States itself. How was the Statue of Liberty designed to be a symbol? How have circumstances enhanced its meaning? Help clarify the nature of symbols for your students as they study the Statue of Liberty, complete research on a national symbol, and use their research to communicate a message of their own. https://edsitement.neh.gov/lesson-plans/statue-liberty-meaning-and-use-nati… .

1 1

The Influence of Cyberpunk on Cryptocurrency
by pro2rat＠yahoo.com.au 19 Nov '23

19 Nov '23

And corpse-media on carpetbaggers " . . . Background of the Crypto Movie Released in 1995, Johnny Mnemonic is a cyberpunk action film, now being referred to as a crypto movie, offering a dystopian vision of the year 2021. Directed by Robert Longo in his feature directorial debut, the movie is based on William Gibson’s short story of the same name, written in 1981. The narrative unfolds in a future plagued by a tech-induced disease, marked by pervasive conspiracies, and dominated by powerful megacorporations and organized crime. The Influence of Cyberpunk on Cryptocurrency The cyberpunk genre, characterized by its exploration of dystopian futures shaped by advanced technology and corporate dominance, has long been associated with themes that resonate with the development of cryptocurrency. Johnny Mnemonic, as a cyberpunk film, taps into these themes, providing a backdrop that aligns with the decentralized and anti-establishment ethos of many cryptocurrencies. . . ." Cyberpunk looks like a shitcoin next to cypherpunk - but there's no such thing as bad PR. On to CYPHERPUNK 2027!

1 0

Computer Crimes Manual (W/183 Highlights)
by Gunnar Larson 18 Nov '23

18 Nov '23

Enron’s Board of Directors: Contemporary Lessons on Crypto Marketplace Manipulation Computer Crimes Link: https://thecapital.io/article/crypto-computer-crimes-manual-w183-highlights… *Working references on disclosure** controls and procedures, as well as strategic initiatives including **mergers and acquisitions**, **joint ventures**, and management restructurings (including public/private board of directors).* Full, fair, and accurate disclosures from all parties in a battle for corporate influence or control are critically important to investors, particularly when they are called upon to make decisions about their investments. Contemporary crypto computer crimes likely are key considerations relevant to making informed investment decisions by sophisticated investors, underscoring protection of pension assets via keen planning.

1 2

Fwd: Meta Platforms, Inc. Board of Directors - USPTO, Digital Assets and Moscow Exchange
by Gunnar Larson 18 Nov '23

18 Nov '23

FBI, so the Cambridge Analytica people down in Georgia still are awaiting an answer from xNY.io - Bank.org on this and the RICO in New York and the RICO in Georgia are kinda cool for innovation for the women. - xNY.io has collated 33 highlights to Citigroup's Metaverse and Money whitepaper for Meta's board as general reference https://drive.google.com/file/d/1REoa87GCmt2uhDp7ZYswbTRw4ygQgjsL/view?usp=… ---------- Forwarded message --------- From: Chollet, Nicki <NChollet(a)kilpatricktownsend.com> Date: Thu, Apr 7, 2022, 3:16 PM Subject: RE: Meta Platforms, Inc. Board of Directors - USPTO, Digital Assets and Moscow Exchange To: Gunnar Larson <g(a)xny.io>, investor(a)fb.com <investor(a)fb.com> Cc: Meta_Defensive_Disputes <Meta_Defensive_Disputes(a)kilpatricktownsend.com>, cypherpunks <cypherpunks(a)lists.cpunks.org> Dear Mr. Larson, We have reviewed your correspondence and are still unable to determine the merits of your claim. Before we can properly evaluate or respond to your claim, you will need to provide additional details regarding the basis for your claim and documentation of your relationship with Moscow Exchange or ownership in the Moscow Exchange mark (for example, trademark registration certificates evidencing your ownership of the alleged marks in question). Meta Platforms reserves all rights. Sincerely, *Nichole Davis Chollet **Kilpatrick Townsend & Stockton LLP* Suite 2800 | 1100 Peachtree Street NE | Atlanta, GA 30309-4528 office 404 815 6010 | cell 404 906 6948 | fax 404 541 3387 nchollet(a)kilpatricktownsend.com | My Profile <http://www.kilpatricktownsend.com/en/People/C/CholletNicholeDavis> | VCard <http://www.kilpatricktownsend.com/vcard/NicholeDavisChollet.vcf> *From:* Gunnar Larson <g(a)xny.io> *Sent:* Thursday, April 7, 2022 2:45 PM *To:* Chollet, Nicki <NChollet(a)kilpatricktownsend.com>; investor(a)fb.com *Cc:* Meta_Defensive_Disputes < Meta_Defensive_Disputes(a)kilpatricktownsend.com>; cypherpunks < cypherpunks(a)lists.cpunks.org> *Subject:* Re: Meta Platforms, Inc. Board of Directors - USPTO, Digital Assets and Moscow Exchange Ms. Chollet: Should we fly with the Red Cross to Menlo Park? Gunnar -- *Gunnar Larson - xNY.io <http://www.xny.io/> | Bank.org <http://bank.org/>* MSc <https://www.unic.ac.cy/blockchain/msc-digital-currency/?utm_source=Google&u…> - Digital Currency MBA <https://www.unic.ac.cy/business-administration-entrepreneurship-and-innovat…> - Entrepreneurship and Innovation (ip) G(a)xNY.io +1-646-454-9107 New York, New York 10001 On Wed, Apr 6, 2022 at 4:07 PM Gunnar Larson <g(a)xny.io> wrote: Ms. Chollet: Unfortunately, you receive this message with Meta's board of directors under delinquency. Meanwhile, xNY.io would like to learn Meta's approach to USPTO filing internationally in Jamaica. Ms. Chollet, Jamaica makes the story even so much more interesting and important. Thank you, Gunnar -- *Gunnar Larson - xNY.io <http://www.xny.io/> | Bank.org <http://bank.org/>* MSc <https://www.unic.ac.cy/blockchain/msc-digital-currency/?utm_source=Google&u…> - Digital Currency MBA <https://www.unic.ac.cy/business-administration-entrepreneurship-and-innovat…> - Entrepreneurship and Innovation (ip) G(a)xNY.io +1-646-454-9107 New York, New York 10001 On Sun, Apr 3, 2022 at 8:33 PM Gunnar Larson <g(a)xny.io> wrote: Dear Ms. Chollet: Thank you again for your reply on Friday specific to Meta's USPTO mark application definition exactness to Moscow Exchange. Ms. Chollet, for reasons you may be aware of, xNY.io must kindly implore Meta's board of directors to recall all eight USPTO applications by 5:00pm Tuesday April 4, 2022 EST. Being very clear, to make sure there is no confusion to xNY.io's honest aim to protect digital asset innovation, Meta must understand that its USPTO mark filing is defined exactly to the Moscow Exchange mark. Ms. Chollet, laws in Russia and the United States often describe principles relating to integrity and ethical conduct. Anyone who is regulated (anywhere in the world) is subject to fit and proper requirements that can be interpreted at will. - Meta should understand that international peace and security is far more important than unnecessarily urging Meta's board of directors to do the right thing. - Furthermore, xNY.io submits Citigroup's Metaverse and Money whitepaper on regulation profiling Mr. Zuckerburg's idea that, "There are different types of integrity questions." With additional comment from Nadine Dorries, Member of the United Kingdom Parliament and Secretary of State for Digital, Culture, Media and Sport, who says "... Rebranding does not work. When harm is caused, we are coming after it." - xNY.io has collated 33 highlights to Citigroup's Metaverse and Money whitepaper for Meta's board as general reference https://drive.google.com/file/d/1REoa87GCmt2uhDp7ZYswbTRw4ygQgjsL/view?usp=… xNY.io asks not whether Meta's mark would damage the market for the Moscow Exchange (by, for example, devaluing it through parody or criticism), but whether it *usurps* the market by offering a competing substitute, potentially causing significant damage to digital asset purity and blockchain software technology innovation. 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 On Fri, Apr 1, 2022 at 6:18 PM Gunnar Larson <g(a)xny.io> wrote: Mr. Chollet: It would appear today's correspondence confirms that Meta is seemingly aware of xNY.io's general concern. - Meta has no real advantage questioning xNY.io's relationship with Moscow Exchange. Understand, xNY.io did not file USPTO application(s) seeking approval for a mark that is defined near exact to that of Moscow Exchange. - Furthermore, on March 17, 2022 Sber announced <https://www.sberbank.com/news-and-media/press-releases/article?newsID=cd44d…> digital asset issuance. This is one day before Meta's March 18, 2022 USPTO submission for mark approval relating to digital assets. - Meta's board of directors may understand xNY.io's general concern of coordination and/or lack of coordination that could risk global digital asset marketplace purity. - xNY.io asks not whether Meta's mark would damage the market for the Moscow Exchange (by, for example, devaluing it through parody or criticism), but whether it *usurps* the market by offering a competing substitute, potentially causing significant damage to digital asset purity and blockchain software technology innovation. Mr. Chollet, the last point is key to resolving any question of xNY.io's relationship with Moscow Exchange. xNY.io's March 24, 2022 memo to Meta is clear and honest. We expect that Meta will not aim to muddy the waters on this important concern forward. With all due respect, Meta’s board of directors may understand xNY.io cannot logically accept that the recent USPTO applications are not a marketplace manipulation exercise at xNY.io’s overall expense. Meta’s board of directors must ask itself, to the best of its knowledge, information, and belief, if further inquiry is reasonable under the circumstances? Respectfully, Gunnar Larson -- *Gunnar Larson - xNY.io <http://www.xny.io/> | Bank.org <http://bank.org/>* MSc <https://www.unic.ac.cy/blockchain/msc-digital-currency/?utm_source=Google&u…> - Digital Currency MBA <https://www.unic.ac.cy/business-administration-entrepreneurship-and-innovat…> - Entrepreneurship and Innovation (ip) G(a)xNY.io +1-646-454-9107 New York, New York 10001 On Fri, Apr 1, 2022 at 4:21 PM Chollet, Nicki < NChollet(a)kilpatricktownsend.com> wrote: Dear Gunnar, We write to confirm we represent Meta Platforms, Inc. in connection with this matter. Please direct all further correspondence on this matter to our attention. We received your letter dated March 24, 2022 and your follow up from this morning. We reviewed your correspondence, however, we are unable to determine the merits of your claim. Specifically, your letter does not provide any information regarding a specific application or registration being asserted or any evidence of your relationship with any entity owning rights in the alleged Moscow Exchange mark. Before we can properly evaluate or respond to your claim, you will need to provide additional details regarding the basis for your claim and documentation of your relationship with Moscow Exchange or ownership in the Moscow Exchange mark. Meta Platforms reserves all rights. Sincerely, *Nichole Davis Chollet **Kilpatrick Townsend & Stockton LLP* Suite 2800 | 1100 Peachtree Street NE | Atlanta, GA 30309-4528 office 404 815 6010 | cell 404 906 6948 | fax 404 541 3387 nchollet(a)kilpatricktownsend.com | My Profile <http://www.kilpatricktownsend.com/en/People/C/CholletNicholeDavis> | VCard <http://www.kilpatricktownsend.com/vcard/NicholeDavisChollet.vcf> *From:* Gunnar Larson <g(a)xny.io> *Sent:* Friday, April 1, 2022 7:23 AM *To:* investor(a)fb.com *Cc:* MetaProsecution <MetaProsecution(a)kilpatricktownsend.com>; cypherpunks <cypherpunks(a)lists.cpunks.org> *Subject:* Re: Meta Platforms, Inc. Board of Directors - USPTO, Digital Assets and Moscow Exchange Dear Meta Board of Directors: It has been eight days since our original correspondence, seeking clarity between Meta's logo and the Moscow Exchange logo. Offering Meta the benefit of the doubt, noting this could simply be some misunderstanding ... We seek Meta's clarification by 5:00pm today, Friday April 1, 2022. Respectfully yours, Gunnar Larson -- *Gunnar Larson - xNY.io <http://www.xny.io/> | Bank.org <http://bank.org/>* MSc <https://www.unic.ac.cy/blockchain/msc-digital-currency/?utm_source=Google&u…> - Digital Currency MBA <https://www.unic.ac.cy/business-administration-entrepreneurship-and-innovat…> - Entrepreneurship and Innovation (ip) G(a)xNY.io +1-646-454-9107 New York, New York 10001 On Thu, Mar 24, 2022 at 5:20 PM Gunnar Larson <g(a)xny.io> wrote: Dear Meta Board of Directors: Please find the attached memo <https://docs.google.com/document/d/1f_fq1GaKNaAUGEyztdm-oMtIuEW2yXj4C5aoN0G…> addressed to your attention. - Today’s correspondence is to kindly submit xNY.io’s overall concern of Meta Platforms, Inc. and Moscow Exchange mark similarities, specifically, both marks seemingly resemble a geometric design consisting of two loops and/orovals touching or intersecting. xNY.io kindly asks Meta’s Board to respond by Friday, March 25, 2022 at 5:00pm EST. Respectfully yours, Gunnar Larson -- *Gunnar Larson - xNY.io <http://www.xNY.io> | Bank.org <http://Bank.org>* MSc <https://www.unic.ac.cy/blockchain/msc-digital-currency/?utm_source=Google&u…> - Digital Currency MBA <https://www.unic.ac.cy/business-administration-entrepreneurship-and-innovat…> - Entrepreneurship and Innovation (ip) G(a)xNY.io +1-646-454-9107 New York, New York 10001 ------------------------------ Confidentiality Notice: This communication constitutes an electronic communication within the meaning of the Electronic Communications Privacy Act, 18 U.S.C. Section 2510, and its disclosure is strictly limited to the recipient intended by the sender of this message. This transmission, and any attachments, may contain confidential attorney-client privileged information and attorney work product. If you are not the intended recipient, any disclosure, copying, distribution or use of any of the information contained in or attached to this transmission is STRICTLY PROHIBITED. Please contact us immediately by return e-mail or at 404 815 6500, and destroy the original transmission and its attachments without reading or saving in any manner. ------------------------------ ***DISCLAIMER*** Per Treasury Department Circular 230: Any U.S. federal tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein.

1 0

Disciplined Short Sellers Handbook (W/58 Highlights)
by Gunnar Larson 18 Nov '23

18 Nov '23

Does Short-selling Discipline Earnings Manipulation? xNY.io recently collated international graduate scholar working notes coining the "Crypto Computer Crimes Manual <https://drive.google.com/file/d/11tbgHgDg8qagomO-NBffvIFpxXKmBC3g/view?usp=…>" as per best disclosure practices to illustrate various potential scenarios when market conditions are met and a Board of Directors potentially exploits blockchain technological software innovation with forecastable reckless consequences. The Disciplined Short Sellers Handbook serves as a Manual supplement ... Detailing the hypothesis that short-selling has a disciplining role vis-à-vis the managers forcing them to reduce earning manipulation. Across 33 countries, the Handbook documents a significantly negative relationship between lending supply and activism in the short sell market and earnings manipulation. Collectively, findings suggest that short selling provides an external governance mechanism to discipline managerial incentives. xNY.io highlights that the authors of the faculty and research study confirm the main hypotheses and provide evidence of a beneficial effect of the short-selling market on the corporate market. In other words, short-selling generates a disciplining effect similar to the effect produced by the contestability of the firm in the context of M&As. In this regard, short selling contributes not only to the information environment of the market but also to the contracting institutions of the real economy. Suggesting that in general the disciplining role of short-selling is the strongest for firms with weak internal governance or less transparent information environments. We share 58 highlights to the Handbook <https://drive.google.com/file/d/1aLcmN5c2PJiqHYR5dy8C8qMNVyclw8lu/view?usp=…> as a disclosure technique, foreshadowing xNY.io's disciplined approach to trading in the near term (subject to regulatory scrutiny). -- *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

1 3

Robinhood's Brand Fake vs. PayPal's Crypto Corruption
by Gunnar Larson 18 Nov '23

18 Nov '23

https://thecapital.io/article/robinhoods-brand-fake-vs-paypals-crypto-corru… Graduate research conducted over the last five years by preeminent global industry scholars, who embody a strong sense of integrity and pride in the social importance and credibility of good institutional design, tease out the following incidents. With friendly intentions, there is no way out of us moving forward. Corruption occurs when the private search for economic advantage and personal advancement clashes with laws and norms that condemn such behavior. Further complicating the picture, some illegal corrupt transactions drain public resources away from education, health care, and effective infrastructure—the kinds of investments that can improve economic performance and raise living standards for all. It is easy to prove Robinhood Markets (the financial services company) is a brand fake. Perhaps even more significant, there is no reason to think that PayPal, one of the more convenient and commonly-used online payment methods out there, will behave any better given their clear anti-cryptocurrency policy history. Paypal will likely further exploit their monopoly position and risk undermining a pure environment that maximizes the socially beneficial conditions of virtual currencies. Our estimation strategy so far has been predicated on the assumption that political and legal institutions affect sustainability directly and that the effect of corruption can be estimated conditionally on the institutional context. As we previously reported, it is perhaps no coincidence that the systemic risk to cryptocurrency and blockchain systems are tethered to activities of BitLicensees. The cost of corruption is greater than the sum of lost money: distortions in spending priorities undermine the ability of the state to promote sustainable and inclusive growth. This is possible in a framework already characterized by "weak law" that creates both a certain alteration of the rules of the market and perverse dynamics distorting the economy and inhibiting free competition. Robinhood’s Brand Fake The legend of Robin Hood portrays a man who robbed the rich and gave to the poor. His partisanship of the common people and his hostility to the Sheriff of Nottingham branded Robin Hood as one of the world’s best known folk heroes. According to a Forbes investigation earlier this month, despite its proclamations about democratizing finance, Robinhood's entire business has been built since its inception on selling its customers’ orders—known as “payment for order flow”—to Wall Street’s most notorious sharks, accounting for 70% of its $130 million in revenue during the first quarter of 2020. Robinhood’s SEC civil fraud investigation more or less points out the essence of potential brand fakery. A Robinhood spokeswoman declined to comment on the investigation or any talks with regulators, but stated: “We strive to maintain constructive relationships with our regulators and to cooperate fully with them.” PayPal’s Crypto Corruption The heads of enterprises must curb corruption by setting a clear tone at the top. A statement from the founding CEO of Paypal Holdings Inc., Bill Harris, described Bitcoin as a “scam” and a “colossal pump-and-dump scheme”. “I’m tired of saying, ‘Be careful, it’s speculative.’ Then, ‘Be careful, it’s gambling.’ Then, ‘Be careful, it’s a bubble.’ Okay, I’ll say it: Bitcoin is a scam,” he wrote in June 2019. Later in October 2019 Fortune asked PayPal’s current CEO, Daniel Schulman if he could share some details of the projects Paypal is working on. However, he replied: “Yes and no. Some of this is competitive, and we don’t really want to,” but noted that what Paypal is working on is “not necessarily competitive with Libra.” Emphasizing that cryptocurrency is “still very volatile,” the CEO revealed, “we don’t have much demand for it by merchants because merchants operate on very small margins.” He continued: “Until it becomes less volatile, it won’t be a currency that is widely accepted by merchants on the web — not the dark web, but the web.” PayPal’s fundamental longtime assault on the crypto industry policy was to freeze user accounts connected with any cryptocurrency-related activity. While some people may consider this to be borderline illegal, the company can close user accounts or freeze funds for extended periods of time whenever they feel the need to. In less than a year, everything changed for PayPal with the October 2020 announcement of achieving another regulatory first: through Paxos, PayPal has been granted the first virtual currency conditional license from the New York State Department of Financial Services. It seems that PayPal’s dance with “regulatory arbitrage” now engages the ability to provide crypto to their customers. Turn this matter as we will, and look at it from any side whatsoever, and it presents the appearance of anti-competitive behavior. PayPal’s deception and corruption in building its crypto business infrastructure now acts as a cartel sponsored by regulators. PayPal forbids user access to their own private keys. What’s more, users will not be able to transfer their crypto holdings out of their PayPal account, nor will they be able to send crypto to other PayPal users. In other words, PayPal more or less dictates what users can do with their cryptocurrencies, and could presumably freeze accounts if they see fit. Additionally, merchant processors exist to assist merchants in processing transactions, converting bitcoins to fiat currency and depositing funds directly into merchants' bank accounts daily. As these services are based on Bitcoin, they can be offered for much lower fees than with PayPal or credit card networks. Note, however, that this potential monopoly could arise not from corruption but simply from a revenue-maximizing government that does not factor in the social benefits of competition or of effective natural monopoly regulation. Second, the hope of corrupt gains might lead government officials to privatize the wrong firms. That is, regulators may grant license(s) to firms that are operating at a high level as state firms and so appear valuable to private markets. Universal BitLicense Declaration People should not be presented with their only option being a binary choice between inclusion and giving up their data and privacy OR non-participation, exclusion and privacy, thereby effectively becoming a modern day 21st century outcast. The obvious consequences on the emotional level are often associated with economic risks, often linked to the obligation in respect of some banking institution or regulatory body from which the entrepreneur is required to interact. The basic mechanism of embeddedness is the “protection.” It may take different forms: the protection/extortion mechanism, which concerns the regulation of licit and illicit economic activities; the patronage mechanism, which involves the distribution of goods or services in exchange for votes, goods, services or other benefits; or the brokerage mechanism for the resolution of disputes. The protection function concerns, in general, all those activities which involve the maintenance of the order and the exercise of authority within a territory. On the contrary, the mechanisms of infiltration are: the management of trafficking, the money laundering in legal economic activities, and the interception of public funds. If the basic problem is monopoly power, policy should address that issue directly. If the problem is a lack of transparency and accountability in government activities, one should find ways to open up the public sector to oversight from outsiders. If the problem is an opaque and confusing regulatory structure, rules should be simplified and clarified. 90+ days from initial submission to begin “Conditional BitLicense” review: New York is not supported by a good faith argument for an extension, modification of or delay of granting “Conditional BitLicense” approval specific to review and consideration for approval of any reasonable version of the proposed “Universal Declaration on Virtual Currency & Human Rights.” Where the superintendent makes a determination that a regulated group has engaged in or is engaging in any of the practices outlined, the superintendent is empowered to issue appropriate Declarations pursuant to innovation and mandates clarification. Such orders may be issued without the necessity of a complaint being filed by an aggrieved person. Following the official announcement of New York’s conditional licence framework, we have submitted various communications that outline our clear ambition and intent to earn “Conditional BitLicense” and other approvals. - to save succeeding generations from financial fraud and corruption, which in our lifetime has brought untold sorrow to humanity, and - to reaffirm New York’s faith in fundamental human rights, in the dignity and worth of the human person, in the equal rights of men and women and of nations large and small, and - to establish conditions under which justice and respect for the obligations arising from BitLicence regulation and other sources of financial services law can be maintained, and - to promote larger social progress by leading global standards, given that New York remains the center of technological innovation and forward-looking virtual currency regulation Nothing in this Declaration may be interpreted as implying for any State, group or person any right to engage in any activity or to perform any act aimed at the destruction of human rights or degradation of the BitLicense’s virtual currency statute or mandates set forth in this Declaration.

1 1

Fwd: [OpenRecords] Request FOIL-2023-836-01074 Submitted to Department of Finance (DOF) 2022 New York City Pension/Investment Management Asset Performance
by Gunnar Larson 18 Nov '23

18 Nov '23

---------- Forwarded message --------- From: <donotreply(a)records.nyc.gov> Date: Sat, Nov 18, 2023, 3:15 PM Subject: [OpenRecords] Request FOIL-2023-836-01074 Submitted to Department of Finance (DOF) To: <g(a)xny.io> Your request FOIL-2023-836-01074 has been successfully submitted to the Department of Finance (DOF). The details of your request are shown below. Request Title: 2022 New York City Pension/Investment Management Asset Performance Request Description: While surveying 2022 New York City Pension/Investment Management Asset Performance, xNY.io - Bank.org noticed an overall negative return for the five systems referenced here: https://comptroller.nyc.gov/services/financial-matters/pension/asset-perfor…. xNY.io - Bank.org seeks access to any and all records explaing 2022 New York City Pension/Investment Management Asset Performance as a loss for all five funds. Comprehensively, the mechanisms for garnering public equity are easily understood and easy to execute. An advantage for public equity is its liquidity as most publicly traded stocks are available and easily traded daily through public market exchanges. Related to New York City Pension/Investment Management Asset Performance, public equity investments do not include individual stocks under "asset type" and "asset name." xNY.io - Bank.org would like to receive record if the five systems owned PayPal (PYPL) as an individual investment as part of fund investment across the systems between FY 2020 and 2022. Additionally, xNY.io - Bank.org seeks trading history ststements of PYPL across the five systems between FY 2020 and 2022. -- 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 Requester's Contact Information *Name:* Gunnar Larson *Title:* Co-Founder *Organization:* xNY.io - Bank.org *Email:* g(a)xny.io *Phone Number:* (917) 580-8053 *Fax Number:* Not provided *Street Address (line 1):* Not provided *Street Address (line 2):* Not provided *City:* Not provided *State:* Not provided *Zip Code:* 10001 You can view the request and take any necessary action at the following webpage: https://a860-openrecords.nyc.gov/request/view/FOIL-2023-836-01074.

1 0