Good morning,

Attached please find correspondence from the NYS Department of Financial Services, pertaining to your FOIL request.

Thank you.

Tracking Number:FOIL-2023-093329-019093

---------- Forwarded message ---------

From: <noreply@its.ny.gov>

Date: Sat, Jan 14, 2023, 3:26 PM

Subject: FOIL Request Confirmation from Open FOIL NY

To: <G@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_20230114152649702

LARSON_DOB_20230114152649702

LARSON_DTF_20230114152649702

INFORMATION SUBMITTED:

Records Requested From

Department of Financial Services

Division of the Budget

Department of Taxation and Finance

Short Title

Coinbase $100M Settlement Investigation Records

Description

Dear Madam or Sir: xNY.io - Bank.org kindly seeks access to any and all records concerning New York State's investigation of Coinbase, comprising the $100M settlement mentioned here: https://www.dfs.ny.gov/reports_and_publications/press_releases/pr202301041. We are requesting all public records from 2018 to 2022 concerning New York's aforementioned Coinbase investigation. Moreover, xNY.io - Bank.org seeks access to any and all records concerning New York's regulatory scrutiny (and/or approval) of Goldman Sachs' partnership with Coinbase, issuing the bank's first Bitcoin loan mentioned here: https://www.nasdaq.com/articles/goldman-sachs-partners-with-coinbase-for-banks-first-bitcoin-backed-loan. In addition, xNY.io - Bank.org seeks any and all records concerning New York's approach to Coinbase and Goldman Sachs compliance programs mandated by the United States Department of Justice, Criminal Division, Fraud Section and Money Laundering and Asset Recovery Section mentioned here: https://drive.google.com/file/d/1Yx88RMoeLyyfbNK0RtPl4r-m8N21_1Sp/view?usp=drivesdk. Finally, xNY.io - Bank.org seeks records concerning New York's regulatory approval of Coinbase engaging a fine of $50M to implement heightened controls and additional procedures and policies relating to electronic surveillance and investigation, due diligence on transactions or clients and the use of third-party intermediaries across business units; and enhancing anti-corruption training for all management and relevant employees. Warm regards, Gunnar Larson Gunnar Larson xNY.io - Bank.org 646-454-9107

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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