Re: [OpenRecords] Request FOIL-2023-836-00688 Closed - Mayor Eric Adams and Bitcoin
Dear Department of Finance (DOF): xNY.io - Bank.org kindly elects to appeal this response. xNY.io - Bank.org aims to understand if DOF is suggesting no New York City records are available. Or, if DOF has redacted in part or withheld due diligence records in entirety concerning "Mayor Adams to Receive First Paycheck in Cryptocurrency... Paycheck to Be Automatically Converted Into Bitcoin and Ethereum" quoted by NYC.gov.
From our research, there are several New York City records available. For example: https://www.nyc.gov/office-of-the-mayor/news/041-22/mayor-adams-receive-firs...
Furthermore, New York City's press office has said "Cryptocurrencies are at
the forefront of Web3innovations and can bring greater accessibility to
financial services."
Mayor Eric Adams also touted New York City's approach to digital asset
innovation on Bloomberg radio:
https://www.bloomberg.com/news/articles/2021-11-03/mayor-elect-eric-adams-to...
According to Bloomberg, "New York City Mayor-Elect Eric Adams said he
wanted to turn New York into a crypto-friendly city and wagered a “friendly
competition” with the mayor of Miami, who was the first to set up a
so-called CityCoin cryptocurrency.
“He has a MiamiCoin that is doing very well -- we’re going to look in the
direction to carry that out,” Adams said in a Wednesday interview on
Bloomberg Radio. He vowed to “look at what’s preventing the growth of
Bitcoin...""
As a matter of urgency, xNY.io - Bank.org kindly requests DOF's response by
December 31, 2023.
Warm regards,
Gunnar
Gunnar Larson
--
Gunnar Larson - xNY.io - Bank.org
MSc - Digital Currency
MBA - Entrepreneurship and Innovation (ip)
G@xNY.io
+1-917-580-8053
New York, New York 10001
On Fri, Dec 15, 2023, 12:23 PM
The Department of Finance (DOF) has *closed* your FOIL request FOIL-2023-836-00688 https://a860-openrecords.nyc.gov/request/view/FOIL-2023-836-00688 for the following reasons:
- A diligent search for records responsive to your request did not locate any such records. Accordingly, your request is denied.
You may appeal the decision to deny access to material that was redacted in part or withheld in entirety by contacting the agency's FOIL Appeals Officer: foilappeals@finance.nyc.gov
within 30 days.
Please find the attached memo with reference footnotes.
--
March 10, 2023
BY ELECTRONIC MAIL
Ms. Camille Joseph Varlack
Office of the Mayor of New York City
City Hall Park, 260 Broadway
New York, NY 10007 United States
PressOffice@CityHall.NYC.gov
Re: Mayor Eric Adams NYCCoin Touting
Dear Ms. Joseph Varlack:
Today’s memo is to kindly submit xNY.io - Bank.org's inquiry into Mayor
Eric Adams' promotion of NYCCoin.
The federal securities laws are clear that any celebrity or individual who
promotes digital assets must disclose the nature, source and amount of
compensation they received in exchange for the promotion.
As a matter of ethics, risk and compliance associated with digital asset
innovation, xNY.io asks if NYCCoin promotion by the Mayor of New York City
damaged the market for the xNY digital asset (by, for example, devaluing it
through parody or sealed via embossed criticism).
xNY.io - Bank.org concerns made above have evidentiary support to
interlocking director and officer conflicts recognized by the Department of
Justice as potential threats that stifle individual and corporate freedom.
Ms. Joseph Varlack, as a matter relating to working at one of the world's
most ethical companies, famous for risk management and corporate
governance, and as an internationally recognized Blockchain Scholar, I must
adhere to federal securities laws.
As such, I classify Mayor Adams as an individual who promoted the digital
asset NYCCoin and must disclose the nature, scope, and amount of
compensation associated.
A failure to disclose this information may violate the anti-touting
provisions of the federal securities laws. Mayor Adams' making these
endorsements may also be liable for potential violations of the anti-fraud
provisions of the federal securities laws, for participating in an
unregistered offer and sale of securities, and for acting as unregistered
brokers.
xNY.io - Bank.org respectfully requests the Office of the Mayor of New York
City to respond to this request by Wednesday March, 15 2023 by Noon EST.
Respectfully yours with appreciation,
Gunnar Larson - xNY.io - Bank.org
MSc - Digital Currency
MBA - Entrepreneurship and Innovation (ip)
G@xNY.io +1-917-580-8053
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From:
participants (1)
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Gunnar Larson