Dear Madam Attorney General:

Further to the NY-DFS matter below, we have great concern that the referenced ESG and D&O scheme may be running on RippleNet and/or xRP (while regulated out of New York).

The 2020 RippleNet customer list references Ripple's top four banking institutions home to the People's Republic of China:

Industrial Commercial Bank of China
China Construction Bank
Agricultural Bank of China
Bank of China

xNY.io - Bank.org, PBC is a leader in cross-border digital asset innovation. The ESG and D&O matter shared with NY-DFS yesterday is a serious concern to the health of the United States financial system.

While we cannot be certain of the specifics, one thing is sure. xNY.io - Bank.org, PBC chooses not to be second rate to Ripple and/or their top customers in China.

We seek to learn the Attorney General's insights on the matter overall.

Sending you the very best regards.

Thank you,

Gunnar Larson

Gunnar Larson

xNY.io - Bank.org, PBC

MSc - Digital Currency

MBA - Entrepreneurship and Innovation (ip)

G@xNY.io

+1-646-454-9107

New York, New York 10001

---------- Forwarded message ---------
From: Gunnar Larson <g@xny.io>
Date: Wed, Jun 8, 2022 at 2:12 PM
Subject: xNY.io - Bank.org, PBC | Memo #1 - The People’s Republic of China on ESG and D&O Innovation
To: <Adrienne.Harris@dfs.ny.gov>
Cc: Weber, Richard (DFS) <Richard.weber@dfs.ny.gov>, Weintraub, Cathy (DFS) <Cathy.Weintraub@dfs.ny.gov>, Alexi Anania <a@xny.io>

June 8, 2022

BY ELECTRONIC MAIL

Superintendent, Adrienne A. Harris
New York State Department of Financial Services
One State Street
New York, New York 10004
Adrienne.Harris@dfs.ny.gov

Re: The People’s Republic of China on ESG and D&O Innovation

Dear Madam Superintendent:

xNY.io - Bank.org, PBC is proud to be under the esteemed oversight of your distinguished office. Today’s memo signals concern of recent ESG and D&O research published by Nanjing Audit University of the People’s Republic of China. The institution is operated under the auspices of the Jiangsu Provincial Government, the National Audit Office of China and the People's Bank of China.

Kindly find the attached memo addressed to your honorable attention.

Respectfully yours,