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- 33802 discussions
SafeMoon Exec Says He'll Cop To 2 Conspiracy Charges
<https://www.law360.com/capitalmarkets/articles/2300812?nl_pk=35f19b02-1b5d-…>
By Sydney Price
The chief technology officer behind the alleged SafeMoon LLC crypto fraud
was a step closer to changing his not guilty plea Thursday on two of three
counts of the indictment — a move that came after a Brooklyn federal judge
declined to delay his co-defendant's trial last week.
Order attached | Read full article »
<https://www.law360.com/capitalmarkets/articles/2300812?nl_pk=35f19b02-1b5d-…>
| Save to favorites »
<https://www.law360.com/capitalmarkets/articles/2300812?nl_pk=35f19b02-1b5d-…>
1
0
Ex-FCA Supervisor Can Widen Harassment Case Appeal
<https://www.law360.co.uk/financial-services-uk/articles/2300437?nl_pk=9aaa8…>
By Ronan Barnard
A London appeals court allowed a former supervisor at the U.K.'s financial
watchdog to expand his attempt to revive his unfair dismissal claim
Thursday, ruling that several grounds that had been previously dismissed
should continue to a full hearing.
Read full article »
<https://www.law360.co.uk/financial-services-uk/articles/2300437?nl_pk=9aaa8…>
| Save to favorites »
<https://www.law360.co.uk/financial-services-uk/articles/2300437?nl_pk=9aaa8…>
1
0

BREAKING: Adams Judge Won't Toss Corruption Case, Taps Paul Clement For Review
by Gunnar Larson 21 Feb '25
by Gunnar Larson 21 Feb '25
21 Feb '25
BREAKING: Adams Judge Won't Toss Corruption Case, Taps Paul Clement For
Review
<https://www.law360.com/legalethics/articles/2301328?nl_pk=87c9365b-e736-431…>
By Pete Brush
The Manhattan federal judge in charge of the corruption case against New
York City Mayor Eric Adams declined Friday to toss the charges on the
motion of Donald Trump's Justice Department, instead appointing noted
litigator Paul Clement to assist in a "careful" decision.
Order attached | Read full article »
<https://www.law360.com/legalethics/articles/2301328?nl_pk=87c9365b-e736-431…>
| Save to favorites »
<https://www.law360.com/legalethics/articles/2301328?nl_pk=87c9365b-e736-431…>
1
0

Elon Musk’s DOGE Appears to Be Violating a Court Order; It Has Taken Down Hundreds of YouTube Videos that Educate Americans on How to Avoid Being Swindled
by Gunnar Larson 21 Feb '25
by Gunnar Larson 21 Feb '25
21 Feb '25
https://wallstreetonparade.com/2025/02/elon-musks-doge-appears-to-be-violat…
By Pam Martens and Russ Martens: February 21, 2025 ~
Donald Trump loyalists, including Elon Musk and his “Muskrats,” (coders and
techies that are loyal to Musk) have launched an unconstitutional reign of
terror through federal agencies that are critical to the safety and
security of Americans. Musk is the world’s wealthiest man, and foreign
born, with a dubious history when it comes to following U.S. laws.
Musk previously battled in court to obtain a $56 billion pay package at
Tesla. (That’s billion not million.) Tesla is a publicly-traded company and
Musk is its CEO – meaning that under law he owes an oath of loyalty to the
company and its shareholders. Notwithstanding that law, Musk simultaneously
serves as CEO of rocket and satellite company, SpaceX, and controls
numerous other companies, including the social media platform, Twitter,
which Musk has renamed “X.”
In January and February of last year, Musk was profiled in two bombshell
Wall Street Journal articles regarding his use of illegal drugs. The Wall
Street Journal’s January 6, 2024 (paywall) article carried this assessment
of Musk’s drug use:
“The world’s wealthiest person has used LSD, cocaine, ecstasy and
psychedelic mushrooms, often at private parties around the world, where
attendees sign nondisclosure agreements or give up their phones to enter,
according to people who have witnessed his drug use and others with
knowledge of it. Musk has previously smoked marijuana in public and has
said he has a prescription for the psychedelic-like ketamine.”
In October, five Wall Street Journal reporters dropped more bombshell news
that Musk “has been in regular contact with Russian President Vladimir
Putin since late 2022.” In February of 2022, the U.S. placed Putin on a
sanction list in response to his “unjustified, unprovoked, and premeditated
invasion of Ukraine….”
Trump, who received $288 million in political campaign support from Musk in
the last campaign cycle, has now announced that it was Ukraine that started
the war with Russia, making the U.S. look like a fool on the world stage
and among its allies in Europe.
Musk has also been the target of multiple cases brought by the Securities
and Exchange Commission which allege that he violated federal securities
laws at Tesla and Twitter (now called X). See here and here.
Notwithstanding this five-alarm fire history, President Donald Trump has
put Musk and his organizational concoction called the Department of
Government Efficiency, (DOGE, after the meme crypto coin of the same name)
in charge of rooting out fraud, waste and abuse in federal agencies.
In the case of the Consumer Financial Protection Bureau (CFPB), Musk and
his pals in the Trump administration tried to kill the whole agency. On
February 7, Musk Tweeted: “CFPB RIP” (rest in peace) with a picture of a
tombstone. That followed a November 27, 2024 Tweet from Musk where he wrote
“Delete CFPB. There are too many duplicative regulatory agencies.”
It is patently untrue that the CFPB is “duplicative.” The agency was
created under the Dodd-Frank financial reform legislation of 2010 to fill
the void that allowed millions of Americans to have their homes illegally
foreclosed and be swindled under tricked-up subprime mortgages that left
the U.S. economy in the worst financial crisis since the Great Depression.
Since its creation, the CFPB has returned more than $21 billion to
defrauded seniors, students, military veterans and other vulnerable
Americans.
On February 1, President Trump fired CFPB Director Rohit Chopra, who had
led the agency for almost three and a half years. Trump then appointed his
newly-installed Treasury Secretary Scott Bessent to serve as Acting
Director of the CFPB. (See Trump’s Hedge Fund Guy Is Now Overseeing the
U.S. Treasury, IRS, OCC, U.S. Mint, FinCEN, F-SOC, and the Consumer
Financial Protection Bureau.)
About a week later, Trump changed his mind about Bessent leading the CFPB
(or Bessent decided he wanted no part of the legally dubious act of gutting
a federal agency created by Congress). So Trump decided to install the
mastermind of Project 2025, Russell Vought, as Acting Director of the CFPB.
(Vought was already serving as Trump’s newly installed Director of the
Office of Management and Budget.)
NBC News got its hands on an email that Vought immediately issued to
employees of the CFPB. NBC News reported as follows:
“Employees were instructed to ‘cease all supervision and examination
activity,’ ‘cease all stakeholder engagement,’ pause all pending
investigations, not issue any public communications and pause ‘enforcement
actions.’
“Vought also told employees not to ‘approve or issue any proposed or final
rules or formal or informal guidance’ and to ‘suspend the effective dates
of all final rules that have been issued or published but that have not yet
become effective,’ among other directives.”
A 404 Error message appears on the front page of the CFPB website and its
social media pages have been deleted (as Musk envisioned back in November)
at X (Twitter), and Facebook.
Multiple federal lawsuits were quickly filed against this unprecedented and
outrageous attack on a federal agency. Notable among them was a lawsuit
brought in U.S. District Court for the District of Columbia by the National
Treasury Employees Union (NTEU). The lawsuit names Vought as the defendant,
in his official capacity as Acting Director of the CFPB, and charges that
his actions violate the separation of powers principles embedded in the
U.S. Constitution that assign specific powers to the legislative branch
(Congress) and specific powers to the Executive Branch (the President).
On February 14, the Judge assigned to the case, Judge Amy Berman Jackson,
issued the following order that included this directive, among others:
“…it is hereby ORDERED that until the resolution of plaintiffs’ motion for
temporary restraining order [Dkt. # 10], which, with the parties’ consent,
will be deemed to be a motion for preliminary injunction, the following
orders shall remain in place:
“It is ORDERED that Defendants, including their officers, agents, servants,
employees, and attorneys, (hereafter collectively, ‘Defendants’) shall not
delete, destroy, remove, or impair any data or other CFPB records covered
by the Federal Records Act (hereinafter ‘agency data’) except in accordance
with the procedures described in 33 U.S.C. § 44. This means that defendants
shall not delete or remove agency data from any database or information
system controlled by, or stored on behalf of, the Consumer Financial
Protection Bureau (CFPB), and the term ‘agency data’ includes any data or
CFPB records stored on the CFPB’s premises, on physical media, on a cloud
server, or otherwise.”
Notwithstanding that federal court order, Wall Street On Parade located the
YouTube page below showing that the entire video playlist for the CFPB has
been deleted. According to the Wayback Machine, that playlist previously
consisted of 361 videos. (See screenshot from the Wayback Machine in second
graphic below.)
Dozens of videos have also been disabled on the official website of the
CFPB. See examples below:
Racial equality in higher education;
How to spot, avoid and report student loan debt relief scams;
Financial Education Resources for Veterans.
In an acknowledgement of just how dangerous this attack on a consumer
protection agency is, Senator Elizabeth Warren, the ranking member of the
Senate Banking Committee, will convene a forum in the Senate Dirksen Office
Building next Tuesday, February 25. A livestream of the event will be
available to the public. (Check back here on Monday for more specific
details.) The forum will focus on the consequences of President Trump’s and
Elon Musk’s efforts to eliminate the CFPB.
Senator Warren has invited Elon Musk to appear at the forum and justify his
actions. Confirmed witnesses include: Andrea Campbell, Attorney General of
Massachusetts; Lorelei Salas, former CFPB Director of Supervision Policy;
and Americans whose savings have been protected by the CFPB.
1
0

21 Feb '25

21 Feb '25
Art Director/Designer: Robert W. Wilvers
Photographer: Paul Seligman
Copyeditor: Gene Case
Agency: Jack Tinker & Partners, Inc.
Client: Rockefeller for President
*Why I Run. *
America cries out for a leader.
Events overwhelm us. Change outruns us.
Headlines deliver us our daily jolt.
"Things are in the saddle, and ride mankind" -- this warning we have let
come true.
I run for President because I do not believe this must happen to us.
I believe we can recapture control of *things.*
I believe we can end the drift, the doubt, the division.
I intend to say how, here, in this newspaper. I intend to write that course
I believe America must follow.
My beliefs will not be tailored to please the voters of this region or
that. What I believe in New York. I believe in Nebraska. And I will answer
for it throughout the campaign.
I do not take my case to Republicans alone. It is a nation and not just a
party which needs leading, healing, uniting.
I begin tomorrow, on a subject that has tormented us like none other in our
recent history: Riot.
*Nelson A. Rockefeller*
On Thu, Feb 20, 2025, 11:35 PM Gunnar Larson <g(a)xny.io> wrote:
> Art Director/Designer: Robert W. Wilvers
> Photographer: Paul Seligman
> Copyeditor: Gene Case
> Agency: Jack Tinker & Partners, Inc.
> Client: Rockefeller for President
>
> *The Last Vietnam. *
>
> We talk of Vietnam as we once talked of Korea.
>
> "Let us drag ourselves from this quagmire, and we will live happily ever
> after..."
>
> I am afraid that the next President will not escape so easily.
>
> *I say learn from Vietnam or be dammed to repeat it. *
>
> Our Vietnam policy was meant for the 1940's, for Western Europe, for the
> defense of democracies.
>
> Yet we apply it in the 1960's, in Southeast Asia, in defense of people who
> do not know what democracy means.
>
> And in wrapping this policy around Vietnam, we blinded ourselves to the
> real Vietnam. We assumed the enemy meant to seize land. We were wrong. He
> meant to disrupt government.
>
> We sent troops in overwhelming number. We were wrong.
>
> We shattered a small country's sense of responsibility.
>
> We were preoccupied with the changing premieres and presidents in Siagon.
> We were wrong. It was in the village and countryside where government
> failed.
>
> Now, peace give us a time to right those errors.
>
> To stop turning this war into an *American* war. To move Saigon toward
> reform. To build a strong and trusted village government. To secure the
> people from terrorism.
>
> And in Paris, to work patiently and persistently for peace.
>
> At home we must have candor and trust. Americans must believe in
> government again, and government must believe in Americans. The day must
> pass where press officers say, "The people I work for don't want to hear
> bad news."
>
> I say, face the truth. Trust the people with the truth. I say, do not
> fight change. *Guide* change.
>
> I say we can make this Vietnam the last Vietnam.
>
> And this is one reason why I run for President.
>
> *NELSON A. ROCKEFELLER*
>
> On Thu, Feb 20, 2025, 2:55 PM Gunnar Larson <g(a)xny.io> wrote:
>
>> Art Director/Designer: Ken Carson
>> Photographers: Charles Wiesehahn, David Vine, Stan Schafer, H. Armstrong
>> Robert's
>> Copywriter: Bill Drier
>> Agency: Conaway & Lyon, Inc.
>> Client: Nation's Business
>>
>> *oops.*
>>
>> We hate to cloud your day, but we'd like
>> to bring you up to date on a few things the
>> experts have to say about our future relationships with Russia.
>>
>> The outlook is anything but rosy.
>>
>> It seems we could all be blown to hell be-
>> cause of an incredible Kremlin capacity for
>> misjudging what they can get away with
>> in their drive to communize the world.
>>
>> In other words, the cold war, though
>> vastly changed, is far from over.
>>
>> It's perils are not diminishing. If any-
>> thing they're on the increase.
>>
>> And continued disintegration of the So-
>> viet bloc may tempt the Russians into new
>> and desperate measures.
>>
>> In short: the Reds are still on the make.
>> And though they definitely do not want a
>> nuclear war, they seem to be continually
>> blundering to the brink.
>>
>> Take the Cuban missile crisis, for exam-
>> ple. The Russians thought they could plant missiles in Cuba without
>> obstacles. They
>> never dreamed President Kennedy would
>> stand up to them.
>>
>> Another example, Czechoslovakia. The
>> Russians actually expected to be welcomed as they plunged into Prague.
>>
>> In the end, either of these miscalcula-
>> tions could have triggered a showdown. A
>> showdown leading to a humiliating defeat.
>> Or disaster.
>>
>> The cover story of the December issue
>> of Nation's Business tells more of the story.
>> (To over 2,000,000 of the nation's business
>> men.)
>>
>> Why a political report in a magazine like
>> ours? That's simple. If it affects business,
>> it'll be there.
>>
>> Which is probably why we have over 854,000 businessmen paying to
>> subscribe to our magazine.
>>
>> Which, when you think about it, is at
>> least one happy note to leave you with.
>>
>> If you're an advertiser.
>>
>> *Nation's Business *
>> *We Reach more businessmen than any other business magazine *
>>
>> On Thu, Feb 20, 2025, 11:50 AM Gunnar Larson <g(a)xny.io> wrote:
>>
>>> Art Director/Designer/Photographer: Bert Steinhauser
>>> Copywriter: Frada Sklar Wallach
>>> Client: El Al Isreal Airlines
>>>
>>> The Greatest Fish Story Ever Told.
>>>
>>> Thousands of years ago, in the Sea of
>>> Galilee, there was a tasty little fish known
>>> as chromis simonis. The 'Big Fisherman'
>>> himself is said to have caught it. So it was
>>> named St. Peter's fish, after him.
>>>
>>> The name stuck to the fish and the fish
>>> stuck to the Galilee. The wonder is that it
>>> hasn't changed since Peter's day. Restau-
>>> rants all over Israel serve it and in Tiberias
>>> it's a specialty.
>>>
>>> If you like, you can hook your own 'St.
>>> Peter' in the Sea of Galilee. Or fish for other
>>> fish in other waters. The seas runneth over
>>> with prizes. In Eilat, there's even a famous
>>> restaurant that will cook your catch right
>>> on the spot.
>>>
>>> While the fish is grilling, you can be bak-
>>> ing on a nearby beach. Telling your own fish story. Or just watching the
>>> snorkelers watching the fish.
>>>
>>> If you're a meat and potatoes man, or
>>> lady, you won't go hungry. How about
>>> barbecued lamb with hummus (ground chickpeas) or home-cooked chicken soup
>>> with noodles or boiled beef with curry or
>>> very good goulash?
>>>
>>> And don't worry about getting fat. Places
>>> like ancient Sodom, King Solomon's Mines,
>>> Massada, The Tomb of Absalom, Mt.
>>> Tabor and Capernaum are scattered from
>>> one end of Israel to the other. You'll need
>>> some extra food to keep up your strength.
>>>
>>> To get you off to a good start, El Al will land
>>> you at Tel Aviv with a few hearty meals
>>> under your belt. Including a
>>> breakfast of bagels and cream
>>> cheese and lox.
>>>
>>> Then we'll add a warm
>>> Shalom. There'll be nothing
>>> fishy about that.
>>>
>>> EL
>>> AL
>>>
>>> The airline of the people of Isreal.
>>>
>>> On Thu, Feb 20, 2025, 9:31 AM Gunnar Larson <g(a)xny.io> wrote:
>>>
>>>> Goldman Sachs:
>>>>
>>>> xNY.io - Bank.org has investigated NYDFS' relationship with Robinhood.
>>>>
>>>> See here:
>>>>
>>>> - *xNY.io - Bank.org: NYDFS
>>>> Robinhood_Determination_Letter_FOIL_Req._No_2023_095358_202402211320485790.pdf*
>>>> -
>>>> https://drive.google.com/file/d/1qARQw6VeXi--fg0ff1EudMuzNvHshAbr/view?usp=…
>>>>
>>>> From what xNY.io - Bank.org understands, Goldman Sachs also has a
>>>> reliable relationship with Robinhood.
>>>>
>>>> Robinhood Says It Faces New Scrutiny From States, FDIC
>>>> <https://www.law360.com/compliance/articles/2299658?nl_pk=7f7472c8-af4a-4299…>
>>>>
>>>> By Aislinn Keely
>>>>
>>>> Online brokerage Robinhood is facing investigations from Massachusetts'
>>>> state securities regulator and the Federal Deposit Insurance Corp.
>>>> alongside an ongoing probe from the New York attorney general, the firm
>>>> disclosed in its latest filing with the U.S. Securities and Exchange
>>>> Commission.
>>>>
>>>> Read full article »
>>>> <https://www.law360.com/compliance/articles/2299658?nl_pk=7f7472c8-af4a-4299…>
>>>> | Save to favorites »
>>>> <https://www.law360.com/compliance/articles/2299658?nl_pk=7f7472c8-af4a-4299…>
>>>> xNY.io - Bank.org finds our Robinhood research sharing themes between
>>>> Goldman Sachs' potential Deferred Prosecution Agreement malfeasance.
>>>>
>>>> xNY.io - Bank.org respectfully reserves all Interjurisdictional rights.
>>>>
>>>> Thank you,
>>>>
>>>> Gunnar Larson
>>>> --
>>>> Gunnar Donald Arthur Peter Larson
>>>> xNY.io - Bank.org
>>>> 646-554-7514
>>>>
>>>>
>>>> On Thu, Feb 20, 2025, 7:27 AM Gunnar Larson <g(a)xny.io> wrote:
>>>>
>>>>> Goldman Sachs:
>>>>>
>>>>> Kamala Harris' "Fight Fund" is arguably doing nothing for anyone in
>>>>> Los Angeles biotechnology; Or fire victims, world-wide.
>>>>>
>>>>> LA Gardasil Trial Against Merck Bagged After 3 Weeks
>>>>> <https://www.law360.com/health/articles/2300130?nl_pk=0f5983ea-0173-4e74-85e…>
>>>>>
>>>>> By Rachel Scharf
>>>>>
>>>>> A Los Angeles state court trial over the alleged dangers of Merck &
>>>>> Co. Inc.'s human papillomavirus vaccine Gardasil was abruptly called off
>>>>> after three weeks of testimony, with a new panel of jurors slated to hear
>>>>> the case next fall instead.
>>>>>
>>>>> 1 document attached | Read full article »
>>>>> <https://www.law360.com/health/articles/2300130?nl_pk=0f5983ea-0173-4e74-85e…>
>>>>> | Save to favorites »
>>>>> <https://www.law360.com/health/articles/2300130?nl_pk=0f5983ea-0173-4e74-85e…>
>>>>>
>>>>> - Republicans out of Orange County, California, perhaps
>>>>> unknowingly;
>>>>> - Were contrived by Goldman Sachs visavie a Kamala Harris and
>>>>> Adrienne A. Harris racket.
>>>>> - Possibly, perpetuated by Goldman Sachs' willful Deferred
>>>>> Agreement non-compliance.
>>>>>
>>>>> WorldBank.org enteprise software advertising aside, Gunnar Larson,
>>>>> co-founder xNY.io - Bank.org, is a proud Republican, Feminist.
>>>>>
>>>>> Netflix Wants IP Atty Sanctioned Over Alleged Doc Sharing
>>>>> <https://www.law360.com/delaware/articles/2300242?nl_pk=9f0ef0c6-df48-47ce-8…>
>>>>>
>>>>> By Dorothy Atkins
>>>>>
>>>>> Netflix urged a California judge Tuesday to require a prolific patent
>>>>> plaintiff's former counsel to explain why they shouldn't be held in civil
>>>>> contempt and sanctioned for allegedly giving Netflix's confidential
>>>>> financial information to nonparty AiPi LLC, arguing discovery in another
>>>>> patent case has revealed AiPi is "shadow lead counsel."
>>>>>
>>>>> Motion attached | Read full article »
>>>>> <https://www.law360.com/delaware/articles/2300242?nl_pk=9f0ef0c6-df48-47ce-8…>
>>>>> | Save to favorites »
>>>>> <https://www.law360.com/delaware/articles/2300242?nl_pk=9f0ef0c6-df48-47ce-8…>
>>>>>
>>>>> xNY.io - Bank.org previews what it could look like for Goldman Sachs'
>>>>> Board Directors if xNY.io - Bank.org is forced to seek relevant injunctive
>>>>> relief in Orange County, California.
>>>>>
>>>>> *Here's How Orange County Went Broke:*
>>>>>
>>>>> -
>>>>> https://www.ocregister.com/2019/12/06/heres-how-orange-county-went-broke/am…
>>>>>
>>>>> "The scene, 25 years ago this month, could have been lifted from a mob
>>>>> movie:
>>>>>
>>>>> Ten top power-brokers in Orange County government headed to an
>>>>> exclusive Italian restaurant for a secret Saturday dinner. Strung out from
>>>>> a string of all-nighters — they’d been working to keep the county’s $20
>>>>> billion investment pool from imploding — the meal was to be a
>>>>> pressure-reliever, a breather, a reward.
>>>>>
>>>>> Despite the headlines just two days earlier — “O.C. fund down $1.5
>>>>> billion” — it seemed, on Dec. 3, 1994, that things might work out. During
>>>>> marathon calls with Wall Street brokers and local city bureaucrats they’d
>>>>> delivered a smooth new mantra — *“It’s just a paper loss.
>>>>> Everything’s under control… Don’t panic!*”"
>>>>> xNY.io - Bank.org respectfully reserves all Interjurisdictional
>>>>> rights.
>>>>>
>>>>> Thank you,
>>>>>
>>>>> Gunnar Larson
>>>>> --
>>>>> Gunnar Donald Arthur Peter Larson
>>>>> xNY.io - Bank.org
>>>>> 646-554-7514
>>>>>
>>>>> On Thu, Feb 20, 2025, 7:03 AM Gunnar Larson <g(a)xny.io> wrote:
>>>>>
>>>>>> Goldman Sachs
>>>>>>
>>>>>> xNY.io - Bank.org respectfully submits:
>>>>>>
>>>>>> - Any "WorldBank.org" enteprise software advertising from Goldman
>>>>>> Sachs would need to pass standard wire fraud compliance.
>>>>>>
>>>>>> Citi Moves To Appeal NY Judge's Wire Fraud Protection Ruling
>>>>>> <https://www.law360.com/fintech/articles/2300009?nl_pk=31322029-63eb-4d40-ac…>
>>>>>>
>>>>>> By Sydney Price
>>>>>>
>>>>>> Citibank NA has asked a New York federal judge for permission to
>>>>>> appeal his decision allowing New York's attorney general to move forward
>>>>>> with a lawsuit accusing the bank of failing to respond properly to
>>>>>> incidents of online wire fraud.
>>>>>>
>>>>>> Brief attached | Read full article »
>>>>>> <https://www.law360.com/fintech/articles/2300009?nl_pk=31322029-63eb-4d40-ac…>
>>>>>> | Save to favorites »
>>>>>> <https://www.law360.com/fintech/articles/2300009?nl_pk=31322029-63eb-4d40-ac…>
>>>>>> Perhaps, all entprise software deals Goldman Sachs structured again
>>>>>> xNY.io - Bank.org would need to pass standard wire fraud compliance, as
>>>>>> mandated by Goldman Sachs Deferred Prosecution Agreement with the United
>>>>>> States of America.
>>>>>>
>>>>>> - For example, would Golman Sachs purposely devaluing its own
>>>>>> software relationship with Apple Card?
>>>>>> - NYDFS Superintendent Linda Lacewell investigated this very
>>>>>> Apple Card premise.
>>>>>> - Finally, what about WorldBank.org?
>>>>>>
>>>>>> xNY.io - Bank.org has organized seven complete references to xNY.io -
>>>>>> Bank.org's Apple Card research for Gomdman Sachs' Board Directors.
>>>>>>
>>>>>> *xNY.io - Bank.org: Apple Card NYDFS Superintendent Linda Lacewell:*
>>>>>>
>>>>>> -
>>>>>> https://drive.google.com/drive/folders/1TK34x1EdMVKJkJ3oWreaen9ETHoTezjq
>>>>>>
>>>>>> xNY.io - Bank.org's Apple Card research paints a stark image for
>>>>>> Gomdman Sachs' Board Directors if the firm knowingly made efforts to
>>>>>> defraud the United States of America *AND* xNY.io - Bank.org
>>>>>> symaltaniouly while under active Deferred Prosecution Agreement with the
>>>>>> United States of America.
>>>>>>
>>>>>> xNY.io - Bank.org respectfully reserves all Interjurisdictional
>>>>>> rights.
>>>>>>
>>>>>> Thank you,
>>>>>>
>>>>>> Gunnar Larson
>>>>>> --
>>>>>> Gunnar Donald Arthur Peter Larson
>>>>>> xNY.io - Bank.org
>>>>>> 646-554-7514
>>>>>>
>>>>>> On Thu, Feb 20, 2025, 4:28 AM Gunnar Larson <g(a)xny.io> wrote:
>>>>>>
>>>>>>> Goldman Sachs:
>>>>>>>
>>>>>>> xNY.io - Bank.org is concerned Gomdman Sachs' flawed intentions in
>>>>>>> keeping true to its Deferred Prosecution Agreement with the United States
>>>>>>> of America was designed against xNY.io - Bank.org (with intent) beyond
>>>>>>> 2022-2025.
>>>>>>>
>>>>>>> Nadine Menendez Loses Bid To Have Expert Testify On Gifts
>>>>>>> <https://www.law360.com/newyork/articles/2300128?nl_pk=b53aa520-5013-4a8d-a5…>
>>>>>>>
>>>>>>> By Pete Brush
>>>>>>>
>>>>>>> A Manhattan federal judge on Wednesday rejected a request by Nadine
>>>>>>> Menendez to have a witness testify that receiving gold bars as gifts is
>>>>>>> normal in her culture, dealing the wife of former U.S. Sen. Bob Menendez a
>>>>>>> setback ahead of her corruption trial.
>>>>>>>
>>>>>>> 3 documents attached | Read full article »
>>>>>>> <https://www.law360.com/newyork/articles/2300128?nl_pk=b53aa520-5013-4a8d-a5…>
>>>>>>> | Save to favorites »
>>>>>>> <https://www.law360.com/newyork/articles/2300128?nl_pk=b53aa520-5013-4a8d-a5…>
>>>>>>> xNY.io - Bank.org may seek to invite Tim Cook of Apple Computer
>>>>>>> Company (sic), in Curpertino, California along with NYDFS Superintendent
>>>>>>> Adrienne A. Harris as expert witnesses to Gomdman Sachs' alleged Platform
>>>>>>> Services enterprise software fraud.
>>>>>>>
>>>>>>> Sotomayor Won't Relieve Crypto Maven From Witness ID Rule
>>>>>>> <https://www.law360.com/capitalmarkets/articles/2298437?nl_pk=35f19b02-1b5d-…>
>>>>>>>
>>>>>>> By Elliot Weld
>>>>>>>
>>>>>>> U.S. Supreme Court Justice Sonia Sotomayor denied a bid from the
>>>>>>> founder of cryptocurrency service Tornado Cash to overturn a Manhattan
>>>>>>> federal judge's order to disclose whom he might call as an expert witness
>>>>>>> at his upcoming trial on money-laundering and sanctions-dodging charges.
>>>>>>>
>>>>>>> Read full article »
>>>>>>> <https://www.law360.com/capitalmarkets/articles/2298437?nl_pk=35f19b02-1b5d-…>
>>>>>>> | Save to favorites »
>>>>>>> <https://www.law360.com/capitalmarkets/articles/2298437?nl_pk=35f19b02-1b5d-…>
>>>>>>> xNY.io - Bank.org respectfully reserves all Interjurisdictional
>>>>>>> rights.
>>>>>>>
>>>>>>> Thank you,
>>>>>>>
>>>>>>> Gunnar Larson
>>>>>>> --
>>>>>>> Gunnar Donald Arthur Peter Larson
>>>>>>> xNY.io - Bank.org
>>>>>>> 646-554-7514
>>>>>>>
>>>>>>> On Thu, Feb 20, 2025, 3:53 AM Gunnar Larson <g(a)xny.io> wrote:
>>>>>>>
>>>>>>>> Goldman Sachs:
>>>>>>>>
>>>>>>>> xNY.io - Bank.org shares with Goldman Sachs that planet Earth is
>>>>>>>> nearly perfect; Peace on Earth is possible.
>>>>>>>>
>>>>>>>> Mastercard Deal Does Not Need To Be Perfect, Tribunal Told
>>>>>>>> <https://www.law360.co.uk/financial-services-uk/articles/2299810?nl_pk=9aaa8…>
>>>>>>>>
>>>>>>>> By Joanne Faulkner
>>>>>>>>
>>>>>>>> Mastercard's £200 million ($250 million) agreement with Walter
>>>>>>>> Merricks "does not have to be perfect" to get approval from the Competition
>>>>>>>> Appeal Tribunal, lawyers for both sides argued on Wednesday in the court's
>>>>>>>> first hearing in a contested class action settlement.
>>>>>>>>
>>>>>>>> Read full article »
>>>>>>>> <https://www.law360.co.uk/financial-services-uk/articles/2299810?nl_pk=9aaa8…>
>>>>>>>> | Save to favorites »
>>>>>>>> <https://www.law360.co.uk/financial-services-uk/articles/2299810?nl_pk=9aaa8…>
>>>>>>>> xNY.io - Bank.org is concerned Gomdman Sachs' flawed intentions in
>>>>>>>> keeping true to its Deferred Prosecution Agreement with the United States
>>>>>>>> of America was designed against xNY.io - Bank.org (with intent) beyond
>>>>>>>> 2022-2025.
>>>>>>>>
>>>>>>>> - For example, Goldman Sachs' WorldBank.org software
>>>>>>>> relationship perhaps ultimately manufactured a fake legacy against xNY.io -
>>>>>>>> Bank.org.
>>>>>>>> - Keeping congruence; xNY.io - Bank.org plans to uphold the
>>>>>>>> Deferred Agreement’s mandates.
>>>>>>>>
>>>>>>>> xNY.io - Bank.org has organized seven complete references to xNY.io
>>>>>>>> - Bank.org's Apple Card research for Gomdman Sachs' Board Directors.
>>>>>>>> *xNY.io - Bank.org: Apple Card NYDFS Superintendent Linda Lacewell:*
>>>>>>>>
>>>>>>>> -
>>>>>>>> https://drive.google.com/drive/folders/1TK34x1EdMVKJkJ3oWreaen9ETHoTezjq
>>>>>>>>
>>>>>>>> xNY.io - Bank.org's Apple Card research paints a stark image for
>>>>>>>> Gomdman Sachs' Board Directors if the firm knowingly made efforts to
>>>>>>>> defraud the United States of America *AND* xNY.io - Bank.org
>>>>>>>> symaltaniouly while under active Deferred Prosecution Agreement with the
>>>>>>>> United States of America.
>>>>>>>>
>>>>>>>> xNY.io - Bank.org respectfully reserves all Interjurisdictional
>>>>>>>> rights.
>>>>>>>>
>>>>>>>> Thank you,
>>>>>>>>
>>>>>>>> Gunnar Larson
>>>>>>>> --
>>>>>>>> Gunnar Donald Arthur Peter Larson
>>>>>>>> xNY.io - Bank.org
>>>>>>>> 646-554-7514
>>>>>>>>
>>>>>>>> On Wed, Feb 19, 2025, 11:11 AM Gunnar Larson <g(a)xny.io> wrote:
>>>>>>>>
>>>>>>>>> Goldman Sachs:
>>>>>>>>>
>>>>>>>>> The Department of Justice, Apple Card and Visa would expect xNY.io
>>>>>>>>> - Bank.org to perform; And innovate at this scale.
>>>>>>>>>
>>>>>>>>> DOJ's Visa Suit Shows Pitfalls Of Regulating Innovative Tech
>>>>>>>>> <https://www.law360.com/newyork/articles/2296006?nl_pk=b53aa520-5013-4a8d-a5…>
>>>>>>>>>
>>>>>>>>> A policy of allowing free-market mechanisms to operate without
>>>>>>>>> undue interference remains the most effective way to foster innovation, and
>>>>>>>>> the U.S. Department of Justice's 2024 case against Visa illustrates the
>>>>>>>>> drawbacks of regulating innovative technology, says attorney Thomas Willcox.
>>>>>>>>>
>>>>>>>>> Read full article »
>>>>>>>>> <https://www.law360.com/newyork/articles/2296006?nl_pk=b53aa520-5013-4a8d-a5…>
>>>>>>>>> | Save to favorites »
>>>>>>>>> <https://www.law360.com/newyork/articles/2296006?nl_pk=b53aa520-5013-4a8d-a5…>
>>>>>>>>>
>>>>>>>>> - xNY.io - Bank.org plans to uphold the Deferred Agreement’s
>>>>>>>>> mandates.
>>>>>>>>> - xNY.io - Bank.org has organized seven complete references to
>>>>>>>>> xNY.io - Bank.org's Apple Card research.
>>>>>>>>>
>>>>>>>>> *xNY.io - Bank.org: Apple Card NYDFS Superintendent Linda
>>>>>>>>> Lacewell:*
>>>>>>>>>
>>>>>>>>> -
>>>>>>>>> https://drive.google.com/drive/folders/1TK34x1EdMVKJkJ3oWreaen9ETHoTezjq
>>>>>>>>>
>>>>>>>>> xNY.io - Bank.org's Apple Card research paints a stark image for
>>>>>>>>> Gomdman Sachs' Board Directors if the firm knowingly made efforts to
>>>>>>>>> defraud the United States of America *AND* xNY.io - Bank.org
>>>>>>>>> symaltaniouly while under active Deferred Prosecution Agreement with the
>>>>>>>>> United States of America.
>>>>>>>>>
>>>>>>>>> xNY.io - Bank.org respectfully reserves all Interjurisdictional
>>>>>>>>> rights.
>>>>>>>>>
>>>>>>>>> Thank you,
>>>>>>>>>
>>>>>>>>> Gunnar Larson
>>>>>>>>> --
>>>>>>>>> Gunnar Donald Arthur Peter Larson
>>>>>>>>> xNY.io - Bank.org
>>>>>>>>> 646-554-7514
>>>>>>>>>
>>>>>>>>>
>>>>>>>>> On Wed, Feb 19, 2025, 11:02 AM Gunnar Larson <g(a)xny.io> wrote:
>>>>>>>>>
>>>>>>>>>> Dear Goldman Sachs:
>>>>>>>>>>
>>>>>>>>>> Mastercard and Discover are at xNY.io - Bank.org's front door
>>>>>>>>>> step.
>>>>>>>>>>
>>>>>>>>>> Goldman Sachs' total business failure could string back to
>>>>>>>>>> Deferred Agreement malfeasance while Goldman hinged and perpetuated false
>>>>>>>>>> ideals of holding a "supremacist" relationship with Mastercard
>>>>>>>>>> International.
>>>>>>>>>>
>>>>>>>>>> Discover Can't Get Judge To Rethink Decision In Risk Case
>>>>>>>>>> <https://www.law360.com/newyork/articles/2298556?nl_pk=b53aa520-5013-4a8d-a5…>
>>>>>>>>>>
>>>>>>>>>> By Katryna Perera
>>>>>>>>>>
>>>>>>>>>> A New York federal judge will not rethink her decision denying
>>>>>>>>>> Discover a quick win in a lawsuit over whether it and several other credit
>>>>>>>>>> card companies conspired to dump fraud risk onto retailers, ruling that the
>>>>>>>>>> suing retailers can continue their claims.
>>>>>>>>>>
>>>>>>>>>> Memorandum attached | Read full article »
>>>>>>>>>> <https://www.law360.com/newyork/articles/2298556?nl_pk=b53aa520-5013-4a8d-a5…>
>>>>>>>>>> | Save to favorites
>>>>>>>>>> <https://www.law360.com/newyork/articles/2298556?nl_pk=b53aa520-5013-4a8d-a5…>
>>>>>>>>>> xNY.io - Bank.org has organized seven complete references to
>>>>>>>>>> xNY.io - Bank.org's Apple Card research.
>>>>>>>>>>
>>>>>>>>>> *xNY.io - Bank.org: Apple Card NYDFS Superintendent Linda
>>>>>>>>>> Lacewell:*
>>>>>>>>>>
>>>>>>>>>> -
>>>>>>>>>> https://drive.google.com/drive/folders/1TK34x1EdMVKJkJ3oWreaen9ETHoTezjq
>>>>>>>>>>
>>>>>>>>>> xNY.io - Bank.org's Apple Card research paints a stark image for
>>>>>>>>>> Gomdman Sachs' Board Directors if the firm knowingly made efforts to
>>>>>>>>>> defraud the United States of America *AND* xNY.io - Bank.org
>>>>>>>>>> symaltaniouly while under active Deferred Prosecution Agreement with the
>>>>>>>>>> United States of America.
>>>>>>>>>>
>>>>>>>>>> xNY.io - Bank.org respectfully reserves all Interjurisdictional
>>>>>>>>>> rights.
>>>>>>>>>>
>>>>>>>>>> Thank you,
>>>>>>>>>>
>>>>>>>>>> Gunnar Larson
>>>>>>>>>> --
>>>>>>>>>> Gunnar Donald Arthur Peter Larson
>>>>>>>>>> xNY.io - Bank.org
>>>>>>>>>> 646-554-7514
>>>>>>>>>>
>>>>>>>>>> On Wed, Feb 19, 2025, 7:51 AM Gunnar Larson <g(a)xny.io> wrote:
>>>>>>>>>>
>>>>>>>>>>> Goldman Sachs:
>>>>>>>>>>>
>>>>>>>>>>> Your firm is unwarranted in poking fun at Gunnar Larson's
>>>>>>>>>>> ebonics.
>>>>>>>>>>>
>>>>>>>>>>> Coinbase Brass Face Investor Suit Over Firm's Legal Liabilities
>>>>>>>>>>> <https://www.law360.com/compliance/articles/2299592?nl_pk=7f7472c8-af4a-4299…>
>>>>>>>>>>>
>>>>>>>>>>> By Aislinn Keely
>>>>>>>>>>>
>>>>>>>>>>> A Coinbase shareholder has sued the crypto exchange's executive
>>>>>>>>>>> officers and board members in New Jersey federal court on allegations they
>>>>>>>>>>> breached their fiduciary duties with disclosure failures and securities law
>>>>>>>>>>> violations that left the firm open to lawsuits and other events that
>>>>>>>>>>> jeopardized its financial condition to the detriment of shareholders.
>>>>>>>>>>>
>>>>>>>>>>> Complaint attached | Read full article »
>>>>>>>>>>> <https://www.law360.com/compliance/articles/2299592?nl_pk=7f7472c8-af4a-4299…>
>>>>>>>>>>> | Save to favorites »
>>>>>>>>>>> <https://www.law360.com/compliance/articles/2299592?nl_pk=7f7472c8-af4a-4299…>
>>>>>>>>>>> xNY.io - Bank.org respectfully reserves all Interjurisdictional
>>>>>>>>>>> rights.
>>>>>>>>>>>
>>>>>>>>>>> Thank you,
>>>>>>>>>>>
>>>>>>>>>>> Gunnar Larson
>>>>>>>>>>> --
>>>>>>>>>>> Gunnar Donald Arthur Peter Larson
>>>>>>>>>>> xNY.io - Bank.org
>>>>>>>>>>> 646-554-7514
>>>>>>>>>>>
>>>>>>>>>>> On Wed, Feb 19, 2025, 7:03 AM Gunnar Larson <g(a)xny.io> wrote:
>>>>>>>>>>>
>>>>>>>>>>>> Goldman Sachs:
>>>>>>>>>>>>
>>>>>>>>>>>> On Tuesday, February 18, 2025, xNY.io - Bank.org reminded
>>>>>>>>>>>> Goldman Sachs' Board Directors that your firm's Deferred Prosecution
>>>>>>>>>>>> Agreement with the United States of America would include protections
>>>>>>>>>>>> against individual transactions at Gold Sachs' "Platform Services"
>>>>>>>>>>>> enterprise softwares business.
>>>>>>>>>>>>
>>>>>>>>>>>> - Did Goldman Sachs launder monies via WorldBank.org under
>>>>>>>>>>>> disguise of enterprise software?
>>>>>>>>>>>> - While under an active Deferred Agreement Prosecution
>>>>>>>>>>>> Agreement with the United States of America?
>>>>>>>>>>>>
>>>>>>>>>>>> The fact that Goldman Sachs has "close connection" with
>>>>>>>>>>>> Mastercard as an excuse is ignorant.
>>>>>>>>>>>>
>>>>>>>>>>>> All Eyes On CAT Ahead Of Mastercard Settlement Hearing
>>>>>>>>>>>> <https://www.law360.co.uk/financial-services-uk/articles/2299090?nl_pk=9aaa8…>
>>>>>>>>>>>>
>>>>>>>>>>>> By Joanne Faulkner
>>>>>>>>>>>>
>>>>>>>>>>>> A £200 million deal to end a long-running consumer class action
>>>>>>>>>>>> will come under the spotlight on Wednesday when Walter Merricks and
>>>>>>>>>>>> Mastercard seek to persuade the Competition Appeal Tribunal to sign off a
>>>>>>>>>>>> settlement despite opposition from the finder of the claim.
>>>>>>>>>>>>
>>>>>>>>>>>> Read full article »
>>>>>>>>>>>> <https://www.law360.co.uk/financial-services-uk/articles/2299090?nl_pk=9aaa8…>
>>>>>>>>>>>> | Save to favorites »
>>>>>>>>>>>> <https://www.law360.co.uk/financial-services-uk/articles/2299090?nl_pk=9aaa8…>
>>>>>>>>>>>> xNY.io - Bank.org is fostering hopful 'close connections' with
>>>>>>>>>>>> every Supreme Court (or country equivalent) on planet Earth; With a 'Peace
>>>>>>>>>>>> on Planet Earth' banner of human achievement.
>>>>>>>>>>>>
>>>>>>>>>>>> Sotomayor Won't Relieve Crypto Maven From Witness ID Rule
>>>>>>>>>>>> <https://www.law360.com/capitalmarkets/articles/2298437?nl_pk=35f19b02-1b5d-…>
>>>>>>>>>>>>
>>>>>>>>>>>> By Elliot Weld
>>>>>>>>>>>>
>>>>>>>>>>>> U.S. Supreme Court Justice Sonia Sotomayor denied a bid from
>>>>>>>>>>>> the founder of cryptocurrency service Tornado Cash to overturn a Manhattan
>>>>>>>>>>>> federal judge's order to disclose whom he might call as an expert witness
>>>>>>>>>>>> at his upcoming trial on money-laundering and sanctions-dodging charges.
>>>>>>>>>>>>
>>>>>>>>>>>> Read full article »
>>>>>>>>>>>> <https://www.law360.com/capitalmarkets/articles/2298437?nl_pk=35f19b02-1b5d-…>
>>>>>>>>>>>> | Save to favorites »
>>>>>>>>>>>> <https://www.law360.com/capitalmarkets/articles/2298437?nl_pk=35f19b02-1b5d-…>
>>>>>>>>>>>>
>>>>>>>>>>>> Furthermore, xNY.io - Bank.org may seek to invite Tim Cook of
>>>>>>>>>>>> Apple Computer Company (sic), in Curpertino, California along with NYDFS
>>>>>>>>>>>> Superintendent Adrienne A. Harris as expert witnesses to Gomdman Sachs'
>>>>>>>>>>>> alleged Platform Services enterprise software fraud.
>>>>>>>>>>>>
>>>>>>>>>>>> - While under an active Deferred Agreement Prosecution
>>>>>>>>>>>> Agreement with the United States of America.
>>>>>>>>>>>>
>>>>>>>>>>>> xNY.io - Bank.org is not 'defaming' Goldman Sachs or
>>>>>>>>>>>> WorldBank.org; it is the other way around.
>>>>>>>>>>>>
>>>>>>>>>>>> Defamation Suit Against Ga. Election Chief Tossed
>>>>>>>>>>>> <https://www.law360.com/legalethics/articles/2264836?nl_pk=153d4a8a-6fb9-4a5…>
>>>>>>>>>>>>
>>>>>>>>>>>> By Kelcey Caulder
>>>>>>>>>>>>
>>>>>>>>>>>> A Georgia federal judge on Friday tossed a defamation suit in
>>>>>>>>>>>> which a Texas attorney sued Georgia Secretary of State Brad Raffensperger
>>>>>>>>>>>> on allegations he suggested she presented "doctored" evidence to state
>>>>>>>>>>>> senators in the aftermath of the 2020 election, finding the statements were
>>>>>>>>>>>> "substantially true or are hyperbole."
>>>>>>>>>>>>
>>>>>>>>>>>> Order attached | Read full article »
>>>>>>>>>>>> <https://www.law360.com/legalethics/articles/2264836?nl_pk=153d4a8a-6fb9-4a5…>
>>>>>>>>>>>> | Save to favorites »
>>>>>>>>>>>> <https://www.law360.com/legalethics/articles/2264836?nl_pk=153d4a8a-6fb9-4a5…>
>>>>>>>>>>>> xNY.io - Bank.org has organized seven complete references to
>>>>>>>>>>>> xNY.io - Bank.org's Apple Card research.
>>>>>>>>>>>>
>>>>>>>>>>>> *xNY.io - Bank.org: Apple Card NYDFS Superintendent Linda
>>>>>>>>>>>> Lacewell:*
>>>>>>>>>>>>
>>>>>>>>>>>> -
>>>>>>>>>>>> https://drive.google.com/drive/folders/1TK34x1EdMVKJkJ3oWreaen9ETHoTezjq
>>>>>>>>>>>>
>>>>>>>>>>>> xNY.io - Bank.org's Apple Card research paints a stark image
>>>>>>>>>>>> for Gomdman Sachs' Board Directors if the firm knowingly made efforts to
>>>>>>>>>>>> defraud the United States of America *AND* xNY.io - Bank.org
>>>>>>>>>>>> symaltaniouly while under active Deferred Agreement Prosecution Agreement
>>>>>>>>>>>> with the United States of America.
>>>>>>>>>>>>
>>>>>>>>>>>> xNY.io - Bank.org respectfully reserves all Interjurisdictional
>>>>>>>>>>>> rights.
>>>>>>>>>>>>
>>>>>>>>>>>> Thank you,
>>>>>>>>>>>>
>>>>>>>>>>>> Gunnar Larson
>>>>>>>>>>>> --
>>>>>>>>>>>> Gunnar Donald Arthur Peter Larson
>>>>>>>>>>>> xNY.io - Bank.org
>>>>>>>>>>>> 646-554-7514
>>>>>>>>>>>>
>>>>>>>>>>>> On Tue, Feb 18, 2025, 11:59 AM Gunnar Larson <g(a)xny.io> wrote:
>>>>>>>>>>>>
>>>>>>>>>>>>> Goldman Sachs:
>>>>>>>>>>>>>
>>>>>>>>>>>>> xNY.io - Bank.org would like to seek Goldman Sachs' approval
>>>>>>>>>>>>> to list NYDFS Superintendent Adrienne A. Harris as an expert witness to the
>>>>>>>>>>>>> Deferred Agreement’s potential regulatory enforcement malfeasance.
>>>>>>>>>>>>>
>>>>>>>>>>>>> Sotomayor Won't Relieve Crypto Maven From Witness ID Rule
>>>>>>>>>>>>> <https://www.law360.com/capitalmarkets/articles/2298437?nl_pk=35f19b02-1b5d-…>
>>>>>>>>>>>>>
>>>>>>>>>>>>> By Elliot Weld
>>>>>>>>>>>>>
>>>>>>>>>>>>> U.S. Supreme Court Justice Sonia Sotomayor denied a bid from
>>>>>>>>>>>>> the founder of cryptocurrency service Tornado Cash to overturn a Manhattan
>>>>>>>>>>>>> federal judge's order to disclose whom he might call as an expert witness
>>>>>>>>>>>>> at his upcoming trial on money-laundering and sanctions-dodging charges.
>>>>>>>>>>>>>
>>>>>>>>>>>>> Read full article »
>>>>>>>>>>>>> <https://www.law360.com/capitalmarkets/articles/2298437?nl_pk=35f19b02-1b5d-…>
>>>>>>>>>>>>> | Save to favorites »
>>>>>>>>>>>>> <https://www.law360.com/capitalmarkets/articles/2298437?nl_pk=35f19b02-1b5d-…>
>>>>>>>>>>>>> xNY.io - Bank.org respectfully reserves all
>>>>>>>>>>>>> Interjurisdictional rights.
>>>>>>>>>>>>>
>>>>>>>>>>>>> Thank you,
>>>>>>>>>>>>>
>>>>>>>>>>>>> Gunnar Larson
>>>>>>>>>>>>> --
>>>>>>>>>>>>> Gunnar Donald Arthur Peter Larson
>>>>>>>>>>>>> xNY.io - Bank.org
>>>>>>>>>>>>> 646-554-7514
>>>>>>>>>>>>>
>>>>>>>>>>>>> On Tue, Feb 18, 2025, 11:27 AM Gunnar Larson <g(a)xny.io> wrote:
>>>>>>>>>>>>>
>>>>>>>>>>>>>> Goldman Sachs:
>>>>>>>>>>>>>>
>>>>>>>>>>>>>> xNY.io - Bank.org reminds Goldman Sachs' Board Directors that
>>>>>>>>>>>>>> the Deferred Agreement’s mandates would include individual transactions of
>>>>>>>>>>>>>> Gold Sachs' "Platform Services" software business.
>>>>>>>>>>>>>>
>>>>>>>>>>>>>> SEC Says Crypto Task Force Could Resolve Coinbase Case
>>>>>>>>>>>>>> <https://www.law360.com/capitalmarkets/articles/2298671?nl_pk=35f19b02-1b5d-…>
>>>>>>>>>>>>>>
>>>>>>>>>>>>>> By Aislinn Keely
>>>>>>>>>>>>>>
>>>>>>>>>>>>>> The U.S. Securities and Exchange Commission told the Second
>>>>>>>>>>>>>> Circuit that its newly formed cryptocurrency task force effort may lead to
>>>>>>>>>>>>>> a resolution in its enforcement case against Coinbase, warranting a brief
>>>>>>>>>>>>>> delay to the regulator responding to the crypto exchange's bid for
>>>>>>>>>>>>>> appellate review of whether securities laws apply to the transactions on
>>>>>>>>>>>>>> its platform.
>>>>>>>>>>>>>>
>>>>>>>>>>>>>> Motion attached | Read full article »
>>>>>>>>>>>>>> <https://www.law360.com/capitalmarkets/articles/2298671?nl_pk=35f19b02-1b5d-…>
>>>>>>>>>>>>>> | Save to favorites »
>>>>>>>>>>>>>> <https://www.law360.com/capitalmarkets/articles/2298671?nl_pk=35f19b02-1b5d-…>
>>>>>>>>>>>>>> xNY.io - Bank.org was made aware that Goldman Sachs' Platform
>>>>>>>>>>>>>> Services software business was engaged with WorldBank.org; Working against
>>>>>>>>>>>>>> xNY.io - Bank.org.
>>>>>>>>>>>>>>
>>>>>>>>>>>>>> When xNY.io - Bank.org says "working against," this does not
>>>>>>>>>>>>>> entail standard competition business.
>>>>>>>>>>>>>>
>>>>>>>>>>>>>> xNY.io - Bank.org is referring to an alleged $200B
>>>>>>>>>>>>>> (potentially over two years, 2022 - 2024), in funds Goldman Sachs' Platform
>>>>>>>>>>>>>> Services softwares may have laundered through WorldBank.org, inevitably
>>>>>>>>>>>>>> 'working against' xNY.io - Bank.org's mission for World Peace.
>>>>>>>>>>>>>>
>>>>>>>>>>>>>> If Goldman Sachs' above relationship with WorldBank.org is
>>>>>>>>>>>>>> true, xNY.io - Bank.org would consider Goldman Sachs' Platform Services a
>>>>>>>>>>>>>> distressed software enterprise.
>>>>>>>>>>>>>>
>>>>>>>>>>>>>> New Delisting Rules Shorten Leash For Distressed Companies
>>>>>>>>>>>>>> <https://www.law360.com/capitalmarkets/articles/2297912?nl_pk=35f19b02-1b5d-…>
>>>>>>>>>>>>>>
>>>>>>>>>>>>>> By Tom Zanki
>>>>>>>>>>>>>>
>>>>>>>>>>>>>> Distressed companies should take heed of new stock exchange
>>>>>>>>>>>>>> rules that are likely to accelerate delistings for stocks that trade below
>>>>>>>>>>>>>> minimum requirements, particularly targeting businesses that rely on
>>>>>>>>>>>>>> reverse stock splits to inflate their share prices, attorneys say.
>>>>>>>>>>>>>>
>>>>>>>>>>>>>> Read full article »
>>>>>>>>>>>>>> <https://www.law360.com/capitalmarkets/articles/2297912?nl_pk=35f19b02-1b5d-…>
>>>>>>>>>>>>>> | Save to favorites »
>>>>>>>>>>>>>> <https://www.law360.com/capitalmarkets/articles/2297912?nl_pk=35f19b02-1b5d-…>
>>>>>>>>>>>>>> It is for these reasons xNY.io - Bank.org is exploring
>>>>>>>>>>>>>> options to potentially enforce Goldman Sachs' Deferred Agreement in the
>>>>>>>>>>>>>> near term.
>>>>>>>>>>>>>>
>>>>>>>>>>>>>> xNY.io - Bank.org respectfully reserves all
>>>>>>>>>>>>>> Interjurisdictional rights.
>>>>>>>>>>>>>>
>>>>>>>>>>>>>> Thank you,
>>>>>>>>>>>>>>
>>>>>>>>>>>>>> Gunnar Larson
>>>>>>>>>>>>>> --
>>>>>>>>>>>>>> Gunnar Donald Arthur Peter Larson
>>>>>>>>>>>>>> xNY.io - Bank.org
>>>>>>>>>>>>>> 646-554-7514
>>>>>>>>>>>>>>
>>>>>>>>>>>>>> On Fri, Feb 14, 2025, 10:43 AM Gunnar Larson <g(a)xny.io>
>>>>>>>>>>>>>> wrote:
>>>>>>>>>>>>>>
>>>>>>>>>>>>>>> Goldman Sachs:
>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>> Essentially, xNY.io - Bank.org's intent to exercise the
>>>>>>>>>>>>>>> Deferred Agreement is rooted in precedent.
>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>> 4 Potential Effects Of 3rd Circ.'s Coinbase Ruling
>>>>>>>>>>>>>>> <https://www.law360.com/delaware/articles/2292572?nl_pk=9f0ef0c6-df48-47ce-8…>
>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>> The Third Circuit's recent landmark decision in Coinbase v.
>>>>>>>>>>>>>>> U.S. Securities and Exchange Commission that the SEC's refusal to engage in
>>>>>>>>>>>>>>> rulemaking to clarify its stance on crypto enforcement was "insufficiently
>>>>>>>>>>>>>>> reasoned" could have wide-ranging impacts, including on other cases,
>>>>>>>>>>>>>>> legislation and even the SEC's reputation itself, says Daniel Payne at
>>>>>>>>>>>>>>> Cole-Frieman.
>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>> Opinion attached | Read full article »
>>>>>>>>>>>>>>> <https://www.law360.com/delaware/articles/2292572?nl_pk=9f0ef0c6-df48-47ce-8…>
>>>>>>>>>>>>>>> | Save to favorites »
>>>>>>>>>>>>>>> <https://www.law360.com/delaware/articles/2292572?nl_pk=9f0ef0c6-df48-47ce-8…>
>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>> xNY.io - Bank.org respectfully reserves all
>>>>>>>>>>>>>>> Interjurisdictional rights.
>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>> Thank you,
>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>> Gunnar Larson
>>>>>>>>>>>>>>> --
>>>>>>>>>>>>>>> Gunnar Donald Arthur Peter Larson
>>>>>>>>>>>>>>> xNY.io - Bank.org
>>>>>>>>>>>>>>> 646-554-7514
>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>> On Fri, Feb 14, 2025, 10:17 AM Gunnar Larson <g(a)xny.io>
>>>>>>>>>>>>>>> wrote:
>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>> Goldman Sachs:
>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>> Anyone going to Summer Camp?
>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>> SoCal Judge Admonished For 'Demeaning' Female Lawyers
>>>>>>>>>>>>>>>> <https://www.law360.com/legalethics/articles/2298114?nl_pk=87c9365b-e736-431…>
>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>> By Rachel Scharf
>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>> A Southern California judge was publicly reprimanded by the
>>>>>>>>>>>>>>>> state's judicial discipline agency Thursday for a yearslong "pattern of
>>>>>>>>>>>>>>>> discourteous, undignified and impatient behavior" toward female attorneys,
>>>>>>>>>>>>>>>> including the use of profanities and inappropriate gestures meant to convey
>>>>>>>>>>>>>>>> the act of pumping breast milk.
>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>> Decision attached | Read full article »
>>>>>>>>>>>>>>>> <https://www.law360.com/legalethics/articles/2298114?nl_pk=87c9365b-e736-431…>
>>>>>>>>>>>>>>>> | Save to favorites »
>>>>>>>>>>>>>>>> <https://www.law360.com/legalethics/articles/2298114?nl_pk=87c9365b-e736-431…>
>>>>>>>>>>>>>>>> xNY.io - Bank.org respectfully reserves all
>>>>>>>>>>>>>>>> Interjurisdictional rights?
>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>> Gunnar Larson
>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>> On Fri, Feb 14, 2025, 6:00 AM Gunnar Larson <g(a)xny.io>
>>>>>>>>>>>>>>>> wrote:
>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>> Goldman Sachs:
>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>> On Fri, Feb 14, 2025, 5:55 AM, xNY.io - Bank.org sent you
>>>>>>>>>>>>>>>>> a message concerning SDNY and EDNY regulatory arbitrage.
>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>> Please forgive me in omitting:
>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>> SDNY US Atty Resigns, Alleging Trump-Adams 'Quid Pro Quo'
>>>>>>>>>>>>>>>>> <https://www.law360.com/mergersacquisitions/articles/2298034?nl_pk=34b724c6-…>
>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>> By Frank G. Runyeon
>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>> Danielle R. Sassoon, the interim U.S. attorney for the
>>>>>>>>>>>>>>>>> Southern District of New York, resigned Thursday after she refused an order
>>>>>>>>>>>>>>>>> by U.S. Department of Justice officials to drop the federal corruption
>>>>>>>>>>>>>>>>> charges against New York City Mayor Eric Adams and expressed concern the
>>>>>>>>>>>>>>>>> move was part of an improper quid pro quo with President Donald Trump.
>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>> Read full article »
>>>>>>>>>>>>>>>>> <https://www.law360.com/mergersacquisitions/articles/2298034?nl_pk=34b724c6-…>
>>>>>>>>>>>>>>>>> | Save to favorites »
>>>>>>>>>>>>>>>>> <https://www.law360.com/mergersacquisitions/articles/2298034?nl_pk=34b724c6-…>
>>>>>>>>>>>>>>>>> xNY.io - Bank.org respectfully reserves all
>>>>>>>>>>>>>>>>> Interjurisdictional rights.
>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>> Thank you,
>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>> Gunnar Larson
>>>>>>>>>>>>>>>>> --
>>>>>>>>>>>>>>>>> Gunnar Donald Arthur Peter Larson
>>>>>>>>>>>>>>>>> xNY.io - Bank.org
>>>>>>>>>>>>>>>>> 646-554-7514
>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>> On Fri, Feb 14, 2025, 5:55 AM Gunnar Larson <g(a)xny.io>
>>>>>>>>>>>>>>>>> wrote:
>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>>> Goldman Sachs:
>>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>>> xNY.io - Bank.org respectfully refuses to yo-yo between
>>>>>>>>>>>>>>>>>> SDNY and EDNY and this Deferred Agreement.
>>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>>> NYDFS Superintendent Harris and New York City Mayor Eric
>>>>>>>>>>>>>>>>>> Adams are well aware of what xNY.io - Bank.org is referring to between SDNY
>>>>>>>>>>>>>>>>>> and EDNY jurisdictional arbitrage.
>>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>>> SafeMoon CEO's Trial Not Delayed By Crypto Policy Shifts
>>>>>>>>>>>>>>>>>> <https://www.law360.com/capitalmarkets/articles/2297795?nl_pk=35f19b02-1b5d-…>
>>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>>> By Aislinn Keely
>>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>>> A Brooklyn federal judge has declined to delay the late
>>>>>>>>>>>>>>>>>> March start to a trial for the CEO of bankrupt cryptocurrency asset company
>>>>>>>>>>>>>>>>>> SafeMoon LLC despite the executive's arguments that recent crypto policy
>>>>>>>>>>>>>>>>>> shifts could cut the securities fraud charge from the counts against him.
>>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>>> Read full article »
>>>>>>>>>>>>>>>>>> <https://www.law360.com/capitalmarkets/articles/2297795?nl_pk=35f19b02-1b5d-…>
>>>>>>>>>>>>>>>>>> | Save to favorites »
>>>>>>>>>>>>>>>>>> <https://www.law360.com/capitalmarkets/articles/2297795?nl_pk=35f19b02-1b5d-…>
>>>>>>>>>>>>>>>>>> Seeking relevant relief in Orange, County California is
>>>>>>>>>>>>>>>>>> synonymous with this Orange County Register feature:
>>>>>>>>>>>>>>>>>> https://www.ocregister.com/2019/12/06/heres-how-orange-county-went-broke/am…
>>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>>> "The scene, 25 years ago this month, could have been
>>>>>>>>>>>>>>>>>> lifted from a mob movie:
>>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>>> Ten top power-brokers in Orange County government headed
>>>>>>>>>>>>>>>>>> to an exclusive Italian restaurant for a secret Saturday dinner. Strung out
>>>>>>>>>>>>>>>>>> from a string of all-nighters — they’d been working to keep the county’s
>>>>>>>>>>>>>>>>>> $20 billion investment pool from imploding — the meal was to be a
>>>>>>>>>>>>>>>>>> pressure-reliever, a breather, a reward.
>>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>>> Despite the headlines just two days earlier — “O.C. fund
>>>>>>>>>>>>>>>>>> down $1.5 billion” — it seemed, on Dec. 3, 1994, that things might work
>>>>>>>>>>>>>>>>>> out. During marathon calls with Wall Street brokers and local city
>>>>>>>>>>>>>>>>>> bureaucrats they’d delivered a smooth new mantra — “It’s just a paper loss.
>>>>>>>>>>>>>>>>>> Everything’s under control… Don’t panic!”"
>>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>>> xNY.io - Bank.org respectfully reserves all
>>>>>>>>>>>>>>>>>> Interjurisdictional rights.
>>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>>> Thank you,
>>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>>> Gunnar Larson
>>>>>>>>>>>>>>>>>> --
>>>>>>>>>>>>>>>>>> Gunnar Donald Arthur Peter Larson
>>>>>>>>>>>>>>>>>> xNY.io - Bank.org
>>>>>>>>>>>>>>>>>> 646-554-7514
>>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>>> On Fri, Feb 14, 2025, 4:54 AM Gunnar Larson <g(a)xny.io>
>>>>>>>>>>>>>>>>>> wrote:
>>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>>>> Goldman Sachs:
>>>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>>>> As soon as xNY.io - Bank.org became successful, Goldman
>>>>>>>>>>>>>>>>>>> Sachs started harassing us in the background.
>>>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>>>> Just yesterday, I misspelled "Coinbase" as "Counbase"
>>>>>>>>>>>>>>>>>>> and Goldman Sachs immediately began questioning my intellect.
>>>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>>>> This harassment first sprung up on my radar when NYDFS
>>>>>>>>>>>>>>>>>>> contracted Goldman Sachs to investigate my B12 blood records.
>>>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>>>> <https://www.law360.co.uk/financial-services-uk/articles/2297614?nl_pk=9aaa8…>
>>>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>>>
1
0

21 Feb '25
RAVA: an Open Hardware True Random Number Generator based on Avalanche Noise
RAVA is an open-source True Random Number Generator (TRNG) designed to offer a transparent and customizable platform, making auditalbe and high-quality entropy accessible to a wider audience. The RAVA device's main characteristics are:
-
High-quality entropy: Producing unbiased and independent random bits without a post-processing algorithm.
-
Differential design: Aiming towards immunity to environmental conditions by comparing two similar and independent noise sources.
-
Dual entropy core: Incorporating two parallel and independent entropy channels that simultaneously produce random bytes. The dual design provides redundancy, a double output rate, or a unique feature for experiments employing a condition/control design.
-
Full transparency: As an open-source project providing complete access to the circuit design, firmware, and user-side software, including drivers, libraries, and utilities. At the hardware level, monitoring headers allow real-time inspection of voltages and noise sources during operation.
-
Customizability: Offering interface headers for integration with other circuits, sensors, and integrated circuit (IC) components. Users have full control over the device's operation by sending commands through a communication interface. Moreover, as an open-source project, the firmware can be updated to modify the circuit's behavior and implement new functionalities.
-
Accessibility: As a discrete circuit employing low-cost IC components and SMD resistors and capacitors of size 0805. Ensuring that the device remains affordable and can be assembled by users through manual soldering of the components to the printed circuit board.
Publication
https://github.com/gabrielguerrer/rng_rava#publication
For a comprehensive overview, encompassing an in-depth exploration of the noise source, a stochastic model, and statistical tests, please consult the article
- [IEEE Access, DOI: 10.1109/ACCESS.2023.3327325](https://ieeexplore.ieee.org/document/10295491)
- https://github.com/gabrielguerrer/rng_rava
1
0

Fwd: The top AI private companies for 2025—Elon gets hostile with Sam, Masa holds the cards, Hello DOGE, goodbye middle…
by Gunnar Larson 21 Feb '25
by Gunnar Larson 21 Feb '25
21 Feb '25
---------- Forwarded message ---------
From: The Cryptonite Weekly Rap <cryptoniteventures(a)substack.com>
Date: Thu, Feb 20, 2025, 7:11 PM
Subject: The top AI private companies for 2025—Elon gets hostile with Sam,
Masa holds the cards, Hello DOGE, goodbye middle…
To: <g(a)xny.io>
Skip past the editorial to see the list of the top 145 private AI companies
and their current valuations.
͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
͏ ͏ ͏ ͏ ͏ ͏ ͏
Forwarded this email? Subscribe here
<https://substack.com/redirect/2/eyJlIjoiaHR0cHM6Ly9jcnlwdG9uaXRldmVudHVyZXM…>
for more
<https://substack.com/redirect/2/eyJlIjoiaHR0cHM6Ly9jcnlwdG9uaXRldmVudHVyZXM…>
The top AI private companies for 2025—Elon gets hostile with Sam, Masa
holds the cards, Hello DOGE, goodbye middle managers, and more groovy
stuff...
<https://substack.com/app-link/post?publication_id=1665481&post_id=153126922…>
Anthony Perkins <https://substack.com/@anthonybperkins>
Feb 21
∙
Preview
<https://substack.com/@anthonybperkins>
<https://substack.com/app-link/post?publication_id=1665481&post_id=153126922…>
<https://substack.com/app-link/post?publication_id=1665481&post_id=153126922…>
<https://substack.com/app-link/post?publication_id=1665481&post_id=153126922…>
<https://substack.com/redirect/2/eyJlIjoiaHR0cHM6Ly9vcGVuLnN1YnN0YWNrLmNvbS9…>
READ IN APP
<https://open.substack.com/pub/cryptoniteventures/p/cryptonite-rap-template?…>
<https://substack.com/redirect/b6f0188a-0e92-4751-af3b-b7cd1d3b3112?j=eyJ1Ij…>
*To
prop up the AI Bubble or not? That is the question*. It’s Masa’s money. 💵
💵💵
*Skip past the editorial to see the list of the top 145 private AI
companies and their current valuations. We are looking forward to your
recommendations.*
Will SoftBank’s Masayoshi Son invest in the AI Bubble (or not)?
Our speculation over our last two *Raps* that the private AI company
marketplace would inevitably take the DeepSeek trickle-down valuation hit
is about to meet a dramatic test. At center stage is, by far, the most
highly valued private AI company, OpenAI
<https://substack.com/redirect/bb39e4da-dcaf-4485-9252-80f3c1f5d474?j=eyJ1Ij…>,
which was last valued at $157 million during its $6.6 billion raise last
October.
As we and others have widely reported, Sam Alman is in talks with SoftBank
founder Masayoshi Son to raise an additional $25+ billion for OpenAI at an
also reported valuation of $300+ billion
<https://substack.com/redirect/1b35242d-c22b-4cfa-8d95-ab117c00f036?j=eyJ1Ij…>.
The test for our thesis is whether Masa becomes known as the last guy to
put money in the AI Bubble or the first major player to bring the
valuations back to reality.
------------------------------
[image: If DeepSeek wiped out $1 trillion of public tech company value—Just
watch what happens to private AI company valuations…]
<https://substack.com/redirect/70eb84d7-0469-4753-b964-07616663f14a?j=eyJ1Ij…>
If DeepSeek wiped out $1 trillion of public tech company value—Just watch
what happens to private AI company valuations…
<https://substack.com/redirect/70eb84d7-0469-4753-b964-07616663f14a?j=eyJ1Ij…>
Anthony Perkins <https://substack.com/profile/1338763-anthony-perkins> and The
Cryptonite Weekly Rap
<https://substack.com/profile/146561965-the-cryptonite-weekly-rap>
·
Feb 1
Read full story
<https://substack.com/redirect/70eb84d7-0469-4753-b964-07616663f14a?j=eyJ1Ij…>
------------------------------
If we were Masa, we would throw our money in with Elon and his AI company,
xAI, which is pursuing a hostile takeover of OpenAI at the moment for a
discounted $97.4 billion valuation. (Which we think is still too high but
better than $300B😳) If Masa is ready to go, he would be joining Elon and
an illustrious group of investors, including Palantir co-founder Joe
Lonsdale, Hollywood’s top power broker, Ari Emanuel,
<https://substack.com/redirect/5de0eade-6844-4a4f-91d4-8f33f61f279e?j=eyJ1Ij…>
CEO of Endeavor (Princess Meghan Merkle’s agent), as well as Valor Equity
Partners, Baron Capital, Atreides Management, and Vy Capital.
<https://substack.com/redirect/d3304086-e7bd-40b2-872f-772fcebbf1ab?j=eyJ1Ij…>
*Elon
bought the old Twitter in 2022 for $44 billion and responded to Sam’s X
post by calling him a ‘swindler.’*
All this complicates Sam's fundraising plans and efforts to convert OpenAI
to a for-profit company
<https://substack.com/redirect/132d906c-0c34-412d-b513-333164aacbae?j=eyJ1Ij…>,
which Elon (joined by Zuck and Meta
<https://substack.com/redirect/8041cb7b-fa80-46cf-8b1b-114a1103e461?j=eyJ1Ij…>)
is already fighting over in court. Since the hostile takeover announcement,
Elon has said he would withdraw his bid if OpenAI's board stops its
conversion to a for-profit company and preserves its charity's mission. But
we all know that Elon knows Sam will never go for that.
*‘[Sam Altman and OpenAI] are involved in repeated self-dealing, putting
profits over safety, transferring its technology and keeping it closed
source, concentrating AI’s power in the hands of Microsoft
<https://substack.com/redirect/68a5d5fd-3c17-43d6-8bee-081cc93e1917?j=eyJ1Ij…>.
It’s time for OpenAI to return to the open-source, safety-focused force for
good it once was. We will make sure that happens.’*
*—Elon Musk in a court filing last week.*
The TechBro shuffle makes for good theatre, but it all comes back to
valuation. OpenAI is not going to agree to any offer unless forced by
someone like Masa, and that is why he is holding one of the biggest cards
at this moment. If Elon's group were to acquire OpenAI, the company would
be merged into xAI, which was valued at $50 billion in a $12 billion
funding in November
<https://substack.com/redirect/e9e8af50-d77b-46d1-8ad1-2a08d9b70a3d?j=eyJ1Ij…>.
Does Masa, or any other big investor, want to give OpenAI, with all its
troubles, $25+ billion at a $300 billion valuation or an Elon-led
OpenAI+xAI combo at less than half the price?🤔 We know where we would
throw our chips if we were Masa.
<https://substack.com/redirect/59faa57e-e9de-4c09-8f1f-e3919cf5749f?j=eyJ1Ij…>
*A
battle of the AI titans. Sam and Elon co-founded OpenAI in 2015 as a
charity. Photo generated by xAI.*
*OpenAI vs. xAI*
xAI reached the $50 billion valuation milestone over 8 years faster than
OpenAI. xAI also recently released its mobile chatbot app called Grok
<https://substack.com/redirect/a2a2ac84-2dc4-4061-a33b-f84650f5ac59?j=eyJ1Ij…>,
which directly challenges OpenAI's ChatGPT. Grok was developed within a
year of the company's founding in 2023. By most all measures, xAI is the
leaner-meaner, faster-to-market of the two competitors, with the exclusive
advantage of accessing X content. Not to mention Elon has THE front row
seat to the reinvention of government, where AI will play a central role in
its transformation.💰💰💰
------------------------------
[image: Overvalued AI companies part 2, SoftBank to double OpenAI's
value?😳, The Trump Doctrine abroad and more mischief...]
<https://substack.com/redirect/6dc0827f-76d6-44c2-b596-69606381cbe6?j=eyJ1Ij…>
Overvalued AI companies part 2, SoftBank to double OpenAI's value?😳, The
Trump Doctrine abroad and more mischief...
<https://substack.com/redirect/6dc0827f-76d6-44c2-b596-69606381cbe6?j=eyJ1Ij…>
Anthony Perkins <https://substack.com/profile/1338763-anthony-perkins> and The
Cryptonite Weekly Rap
<https://substack.com/profile/146561965-the-cryptonite-weekly-rap>
·
Feb 3
Read full story
<https://substack.com/redirect/6dc0827f-76d6-44c2-b596-69606381cbe6?j=eyJ1Ij…>
------------------------------
<https://substack.com/redirect/cdc8e67c-f238-44f7-a309-757c66f177e6?j=eyJ1Ij…>
*‘Show
me the AI revenues!’ challenges Sequoia’s David Cahn
<https://substack.com/redirect/08ecd6c0-4a2d-40c4-af76-321071a2eceb?j=eyJ1Ij…>.*
AI’s $600B Revenue Question
We did a back-of-the-envelope AI valuation-to-revenue calculation last week
to support our ‘Overvalued AI companies’ post, only to find that—not
surprisingly—the venerable Sequoia Capital was nine months ahead of us.
Last June, Sequoia Partner David Cahn
<https://substack.com/redirect/08ecd6c0-4a2d-40c4-af76-321071a2eceb?j=eyJ1Ij…>
wrote a post in which he calculated that AI companies need to generate
approximately $600 billion in annual revenues to justify the massive
investments being made in AI infrastructure.
David Cahn’s simple math
<https://substack.com/redirect/3bd5c4f4-e811-465e-813d-45c851412001?j=eyJ1Ij…>
*Mr. Cahn says to calculate this metric, take Nvidia’s run-rate revenue
forecast and multiply it by 2x to reflect the total cost of AI data centers
(GPUs are half of the total cost of ownership—the other half includes
energy, buildings, backup generators, etc.). Then you multiply by 2x again
to reflect a 50% gross margin for the end-user of the GPU (e.g., the
startup or business buying AI compute from Azure or AWS or GCP, who needs
to make money as well).*
Mr. Cahn’s bottom line was that even if optimistic projections for major
tech companies' AI revenues are achieved, that will still leave a $500
billion sales shortfall.😳 This post was a follow-up to his post-*AI’s
$200B Question
<https://substack.com/redirect/fe31a9f4-ce30-4c4b-9684-6df19702ef2c?j=eyJ1Ij…>*-
from less than a year earlier. Read Mr. Cahn’s full post here.
<https://substack.com/redirect/8309aee0-1d29-4cd8-b3e6-7f2b63b07323?j=eyJ1Ij…>
Sequoia is an investor in Elon’s xAI
<https://substack.com/redirect/17671f95-798f-48d9-8ec1-4187eb0651c3?j=eyJ1Ij…>,
including in the $6 billion Series C funding round in December 2024. The VC
powerhouse is reportedly in talks to join a potential new $10 billion
funding round that could value xAI at $75 billion—we shall see if the $75B
valuation holds up in the coming shakedown.
$200 trillion and counting
We are long-term bullish on the Web3 era and mathematically see it as a 10x
Web2 opportunity (that was a $20 trillion boom). Our starting proof point
is the 145 first-generation private AI companies introduced below. Yes,
some of these companies are gearing up for winner-take-90% of the market,
head-on collisions (e.g., OpenAI vs. xAI), with the accompanying startup
wreckage that will scatter the Streets of Silicon Valley. However, our AI
company list also represents 24 target AI markets, touching almost every
major industry—an impressive first sketch of the new, more efficient,
self-empowered, and decentralized world we will live in.
We would further note that all great innovations are built upon financial
manias, where the average investment dollar loses money in the first round.
The golden lining is that the overfunding of Silicon Valley companies
accelerates the development of innovation opportunities and keeps the US in
front of its global competition.
While the average investment in the roaring 1990s came out underwater, for
example, the Internet Bubble put 245 million people on the Internet, which
made the $20 trillion in new wealth created during Web2 possible
<https://substack.com/redirect/50392e17-4e0c-47d9-82d5-ee3f3bd0015e?j=eyJ1Ij…>.
Our bet is that over-investing in AI infrastructure will play out in the
same highly lucrative way.
There are a lot of good things going on. Let’s get back to reality, lower
private company valuations, tighten our belts, and strap in for our most
disruptive ride yet.
------------------------------
<https://substack.com/redirect/969afffe-3be2-46cd-b549-13cfd812590e?j=eyJ1Ij…>
*Not
a good look boyz.🙄*
Lions and tigers and Elon, oh my!
We did include a ‘TechBro backlash’ as one of our top dozen predictions for
‘25. Still, we never calculated that TDS would morph into full-blown EDS.😳
Perhaps we should not be surprised as Elon plays a leading role as a dark
or at least ‘directed’ character in the hallucinations of conspiracy
theorists from all sides of the spectrum. The Cowardly Lion
<https://substack.com/redirect/0a7cfc27-95af-4fc5-8d26-5ebeb4fec840?j=eyJ1Ij…>
from the land of DOGE still has them (and Corproate Media) shivering—at
least for now.
“The New York Times had a front page story about the horrible
‘Constitutional crisis’ going on. I have been studying the US Constitution
for close to 70 years now, and I can tell you there is no Constitutional
crisis. The US has a system of checks and balances that has endured for
over 230 years. The Democrats and media are crying wolf. People are saying
its time to hit the streets—that it is time to declare War! No. No. No. The
system is working. We have three independent branches of government, and
the bureaucracy is not one of them. Trump is saying its time to look hard
at these agencies and the trillions they spend in ways that are not
necessarily in the interest of US citizens. That is a good thing. If he
pushes the boundaries, the courts will step in, as they did with Biden many
times
<https://substack.com/redirect/33720f12-b950-43da-b487-a40779ea1e80?j=eyJ1Ij…>.”
—Alan Dershowitz
<https://substack.com/redirect/f9c609fb-2521-47ef-9d00-ee70ca98ff81?j=eyJ1Ij…>,
Life-long Democrat and former Harvard Law School professor renowned for his
expertise in U.S. constitutional law.
Back to reality, Elon imagined and is now running the Department of
Government Efficiency (DOGE), a temporary advisory body within the
Executive Office of the President is. DOGE focused on reducing federal
spending and streamlining government operations, with a set expiration date
of July 4, 2026. This is a research and advisory role to the Boogeyman or
whomever he designates only, with no authority to order spending cuts,
close agencies and programs, fire employees, etc. Any access to government
information systems is to read-only, with no ability to tamper.
DOGE
<https://substack.com/redirect/e844cdb7-21f8-4df4-a8ad-1c888e83afc3?j=eyJ1Ij…>
consists of 20 folks based in DC who report to Steve Davis, a longtime Musk
confidant, and CEO of The Boring Company. Most DOGE associates have worked
for Elon's companies like SpaceX and Tesla, and they are embedded at
federal agencies to review critical systems, looking for potential waste
and fraud. DOGE employees have merely READ-ONLY access to any government
database that has been approved for analysis. DOGE claims to have saved
taxpayers $37.69 billion
<https://substack.com/redirect/e844cdb7-21f8-4df4-a8ad-1c888e83afc3?j=eyJ1Ij…>
since starting its work.
Celebrity Worship Syndrome (CWS)
*CWS is an obsessive-addictive disorder where individuals become
excessively preoccupied with a public figure, often engaging in compulsive
behaviors like constantly seeking information about them and fixating on
negative details to degrade them in conversations. *
<https://substack.com/redirect/657ee98f-0d8a-4470-9799-b0ba8428e55a?j=eyJ1Ij…>
*King
of Beasts
<https://substack.com/redirect/0a7cfc27-95af-4fc5-8d26-5ebeb4fec840?j=eyJ1Ij…>.🦁
Artwork by xAI.*
*This behavior can interfere with daily life and relationships. CWS is
considered a form of parasocial relationship. Extreme cases, categorized as
“Borderline-Pathological,” may involve obsessive monitoring, antisocial
tendencies, and impulsivity.*
Our strong view is that our federal government is now on the road to
cutting over 75 percent of its overhead under a new, AI-powered,
blockchain-based structure that is much more transparent, decentralized,
efficient and requires fewer rules and regulations. This system will also
be much better at protecting citizens’ privacy and managing their rights
and access to government services. The net result will be much happier
citizens, much lower taxes, near-zero inflation, and budget surpluses!
😎🤙🏼
<https://substack.com/redirect/54e4b761-e876-40c5-aa69-03500b12e451?j=eyJ1Ij…>
*You
mean Elon is the real dictator behind the dictator?🤔 This $115,000 ad
campaign produced by the usual suspects was nixed by the
<https://substack.com/redirect/e61309c6-17b5-4dcf-89f0-eca91a099186?j=eyJ1Ij…>**Washington
Post
<https://substack.com/redirect/e61309c6-17b5-4dcf-89f0-eca91a099186?j=eyJ1Ij…>*
*.😳*
Silicon Valley U @ DC
*Updating the from a 1980s bureaucracy to a more modern, flatter,
innovation-savvy operation will happen. But it also means the elimination
of hundreds of thousands of government employees jobs.—Seveventy-seven
thousand federal workers (3%) have already opted for the ‘deferred
resignation’ offer
<https://substack.com/redirect/7f7cc1d7-c681-4c0b-945b-fcf490970f2b?j=eyJ1Ij…>.
The Cowardly Lion, et al can be blamed for not showing some empathy—as
these are real people with real families— and we should invest in them
during their transition to the private market. *
<https://substack.com/redirect/a8998898-3d7e-4581-97d5-29af97b8d78c?j=eyJ1Ij…>
‘If
I only knew how AI coud make me more productive at what I love!’💡
*We propose creating a ‘pop-up’ university—Silicon Valley U @ DC—that draws
upon ‘guest lecturers’ from Silicon Valley’s top companies, to expose
public employees to the emerging worild of AI, blockchain, crypto,
robotics, autonomous vehicles and drones, virtual reality, greentech and
other cutting edge innovations and how they are being applied across
industries. This training program would be a great investment, it is the
right and fair thing to do, and comes with a huge secondary benefit of
keeping our government closer to the innovation edge. Importantly it can
also soften fears, and inspire more optimism around positive change.*
“We can't sustain a system that bleeds billions of taxpayer dollars on
programs that have outlived their usefulness or exist solely because of the
power of politicians, lobbyists or interest groups. We are going to go
through our federal budget as I promised during the campaign, page by page,
line by line eliminating those programs we don't need and insisting that
those that we do need operate in a sensible, cost effective way.”
—President Barak Obama on February 24, 2009, during his Address to Joint
Session of Congress. President Obama went on to sign off on $5 trillion
worth of new legislative costs and drove the federal debt up an additional
$4.6 trillion.
Every President started their administration with the intention of
downsizing the scope and power of government. Obama wanted to do it, and
the Boogeyman, with the help of the Cowardly Lion, will make it happen.
It’s not a power grab because, by definition, its purpose is to
decentralize power from away the executive branch and the US federal
government in general and back to the people. It also means more privacy
and empowerment of the individual.
Who in the modern world is against this?
The downsizing of the US government will happen because the Bogeyman has
the power to do it, and there is no putting the Cowardly Lion back in his
cage. It will also happen because cutting government waste and fraud is what
US citizens
<https://substack.com/redirect/224f9ef2-0a41-4346-b5b5-2b08e73cd7c4?j=eyJ1Ij…>,
and in a free market society, customers generally get what they want. The
TechBro’s should lead the charge on investing into the re-training of
existing and furloughed government employees to help them become more
Web3-savvy. These efforts will also help ease the TechBro backlash—if that.
is even possible.
We know the DOGE Squad looks young and goofy, but they are very committed
and very smart. We need to take a deep breath, let the children play, and
trust there will be adults (the courts) in the room to make sure they don’t
misbehave.
<https://substack.com/redirect/3d577975-da9a-425f-aa76-9a641f89adf7?j=eyJ1Ij…>
*As
the TechBro backlash escalates, Zuck’s living his best life!*
As it is in the land of DOGE, it is in the land of BigTech
As we also predicted for 2025, the slashing, burning, and retrofitting
proposed by the DOGE team is now being emulated in Big Tech. Zuck recently
announced cutting 3,600 (5% of its workforce) of Meta's 'lowest
performers.'
Amazon has also been job-cutting, in part due to the introduction various
robots in its warehouses, including Robin and Cardinal (robotic arms),
Sparrow (item-picking robot), Proteus (autonomous mobile robot), and Digit
(humanoid robot)
<https://substack.com/redirect/62f19142-ff36-4850-97b5-2848c5e61771?j=eyJ1Ij…>.
Amazon has reduced its workforce by over 100,000 employees from its 2021
peak, coinciding with the rapid expansion of its robotic fleet.
<https://substack.com/redirect/0b3e8f20-9c15-4b01-9d61-401afd84ce38?j=eyJ1Ij…>
*The
Digit humanoid robot
<https://substack.com/redirect/9eeb2e4b-f240-454f-9527-0b346aecf7ba?j=eyJ1Ij…>
is at your service.*
As Google shifts its focus to AI development, it has offered voluntary
buyouts to over 25,000 employees in its platforms and devices division.
Salesforce also cut over 1,000 jobs (1.5% of its workforce) as part of
a broader
restructuring effort to shift the company's focus towards AI development
<https://substack.com/redirect/71078937-3a78-44ff-8ff3-a2b784cd7acb?j=eyJ1Ij…>
.
There are two major themes in BigTech's downsizing. First, the 'managerial
class structure' is being replaced by flatter organizations driven by a
new, AI-empowered worker class tied to specific output and results. Second,
there is a shift to investing in AI development, as every tech company must
become an AI company in its own right to survive and thrive in Web3.
------------------------------
[image: Cryptonite's predictions for 2025—Short Google, Nvidia, & OpenAI?,
the Elon/Zuck alliance, Robotaxis takeover, IPOs up...]
<https://substack.com/redirect/0017fa88-3426-4671-b5d7-29a47b517014?j=eyJ1Ij…>
Cryptonite's predictions for 2025—Short Google, Nvidia, & OpenAI?, the
Elon/Zuck alliance, Robotaxis takeover, IPOs up...
<https://substack.com/redirect/0017fa88-3426-4671-b5d7-29a47b517014?j=eyJ1Ij…>
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---------- Forwarded message ---------
From: The Information <hello(a)theinformation.com>
Date: Thu, Feb 20, 2025, 4:50 PM
Subject: Meta’s AI Push: Can Llama Compete with DeepSeek?
To: <g(a)xny.io>
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February
20, 2025
Since DeepSeek’s release, Meta has been ramping up efforts to make its
open-source AI model, Llama, a serious contender—courting enterprise
customers and even the U.S. government. The company is now building a
go-to-market strategy that could mirror business models used by other
open-source AI firms.
But questions remain about whether *Llama can catch up to competitors like
DeepSeek*
<https://www.theinformation.com/articles/meta-scrambles-after-chinese-ai-equ…>,
which has focused on efficiency and cost-effectiveness from the start.
Read the full article
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<https://e.customeriomail.com/e/c/eyJlbWFpbF9pZCI6ImRnU2kwUVlEQU8yWGxBSHNsNV…>
Meta
Scrambles After Chinese AI Equals Its Own, Upending Silicon Valley
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By Kalley Huang and Stephanie Palazzolo
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Fwd: Survey: Have you used Chinese artificial intelligence app DeepSeek?
by Gunnar Larson 21 Feb '25
by Gunnar Larson 21 Feb '25
21 Feb '25
---------- Forwarded message ---------
From: The Information <hello(a)theinformation.com>
Date: Thu, Feb 20, 2025, 2:10 PM
Subject: Survey: Have you used Chinese artificial intelligence app DeepSeek?
To: <g(a)xny.io>
This month we're interested in other aspects of artificial intelligence.
Have you used DeepSeek, the Chinese AI service that reportedly cost much
less to create than other AI models? If so, what did you think of it? We're
also curious about what other AI services you're using and whether you or
your company are paying for them. Some of these are questions we asked
previously, so we can see how our readers' AI use has changed over time.
Hi there, Last month we asked your opinion of the future value of OpenAI.
The results of that survey can be found here. This month we're interested
in other aspects of artificial intelligence. Have you used DeepSeek, the
Chinese AI service that reportedly cost much less to create than oth...
[image: The Information]
<https://e.customeriomail.com/e/c/eyJlbWFpbF9pZCI6ImRnU2kwUVlEQU8yWGxBSHNsNV…>
Hi there,
Last month we asked your opinion of the future value of OpenAI. The results
of that survey *can be found here*
<https://e.customeriomail.com/e/c/eyJlbWFpbF9pZCI6ImRnU2kwUVlEQU8yWGxBSHNsNV…>.
This month we're interested in other aspects of artificial intelligence.
Have you used DeepSeek, the Chinese AI service that reportedly cost much
less to create than other AI models? If so, what did you think of it? We're
also curious about what other AI services you're using and whether you or
your company are paying for them. Some of these are questions we asked
previously, so we can see how our readers' AI use has changed over time.
And, as we do every month, we're asking your views of 14 big tech names and
the tech economy more broadly. The survey should take less than 5 minutes
to complete.
Have you used Chinese artificial intelligence app DeepSeek?
Yes
<https://e.customeriomail.com/e/c/eyJlbWFpbF9pZCI6ImRnU2kwUVlEQU8yWGxBSHNsNV…>
No
<https://e.customeriomail.com/e/c/eyJlbWFpbF9pZCI6ImRnU2kwUVlEQU8yWGxBSHNsNV…>
If you are interested in receiving a summary of the survey results, please
submit your email address at the end of the survey. Thank you in advance
for your time.
The Information Team
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