Dear Ms. Verdejo: Do you have an update on our FOIL request concerning access to the Coinbase records?
Thank you, Gunnar Gunnar Larson xNY.io - Bank.org 917-580-8053 On Tue, May 9, 2023, 5:06 PM Gunnar Larson <[email protected]> wrote: > Ms. Verdejo: > > NY-DFS has yet to respond to your self imposed deadline of April 28, 2023 > concerning xNY.io - Bank.org's FOIL request to your $100M Coinbase > Compliance Settlement. > > Today, Bloomberg reports: Ex-Coinbase Manager Gets 2 Years for Insider > Trading > https://www.bloomberg.com/news/articles/2023-05-09/ex-coinbase-manager-ishan-wahi-gets-2-years-for-insider-trading > . > > Superintendent Harris has conflicts concerning Coinbase and her past work > at Sullcrom.com. xNY.io - Bank.org is concerned NY-DFS may be obstructing > our FOIL request and/or has potentially colluded with Coinbase at the > detriment to cross-border digital asset innovation. > > This theme is similar to an ongoing FOIL request we have with your > esteemed office concerning Apple Card. Former Superintendent Lacewell has > potential conspiracy conflicts. > > In 2020, Goldman Sachs annoced plans to take Coinbase public. In 2022, > Goldman Sachs issued the first bank backed Bitcoin loan to Coinbase. > > Between Apple Card records and Coinbase records NY-DFS has delayed xNY.io > - Bank.org several times. > > As Superintendent Harris can understand, Bank.org has a Shelf Charter > application with NY-DFS ongoing and if another bank fails in New York we > would like to have a good working relationship. As such, with the Coinbase > records we seek any and all records associated with NY-DFS' relationship > with Sullcrom.com during the Coinbase investigation. > > Can NY-DFS kindly provide us an update on the Coinbase records by 5:00pm > tomorrow? We may be prompted to contact the New York State's Attorney > General's office with urgent plea to engage the State's false claims act. > > Warm regards, > > Gunnar > > Gunnar Larson > xNY.io - Bank.org > 917-580-8053 > > On Thu, Apr 27, 2023, 7:51 AM Gunnar Larson <[email protected]> wrote: > >> Ms. Verdejo: >> >> May xNY.io - Bank.org kindly request an update on your FOIL request the >> concerning Coinbase $100M Settlement? >> >> Today's memo is an administrative appeal for records access associated >> to FOIL-2023-093329-019299. >> >> Sening you the very best. >> >> Thank you, >> >> Gunnar >> >> Gunnar Larson >> xNY.io - Bank.org >> 917-580-8053 >> >> >> On Mon, Apr 17, 2023, 7:50 AM Gunnar Larson <[email protected]> wrote: >> >>> Ms. Verdejo: >>> >>> Would it be possible to receive an updated on the Coinbase records? >>> >>> Gunnar Larson >>> >>> On Fri, Mar 24, 2023, 11:52 AM <[email protected]> wrote: >>> >>>> Good morning, >>>> >>>> Attached please find correspondence from the NYS Department of >>>> Financial Services, pertaining to your FOIL request. >>>> >>>> >>>> >>>> Thank you. >>>> >>>> Tracking Number:FOIL-2023-093329-019299 >>>> >>> >>> [email protected] >>> March 24, 2023 >>> Gunnar Larson >>> xNY.io - Bank.org >>> 406 West 25th Street >>> New York, NY 10001 >>> Re: FOIL Tracking No. 2023-093329 >>> Dear Gunnar Larson: >>> I write with respect to your above-referenced FOIL request. The New York >>> State Department of >>> Financial Services (DFS) requires additional time to respond to your >>> request, assigned the >>> tracking number 2023-093329, because the Department requires additional >>> time to complete its >>> response. >>> DFS anticipates completing your request on or about April 28, 2023. We >>> appreciate your >>> continued patience. >>> Thank you. >>> >>> >>> >>> >>> ---------- Forwarded message --------- >>> From: <[email protected]> >>> Date: Fri, Mar 24, 2023, 11:52 AM >>> Subject: Your Freedom of Information Law (FOIL) Request >>> FOIL-2023-093329-019299 >>> To: <[email protected]> >>> >>> >>> Good morning, >>> >>> Attached please find correspondence from the NYS Department of Financial >>> Services, pertaining to your FOIL request. >>> >>> >>> >>> Thank you. >>> >>> Tracking Number:FOIL-2023-093329-019299 >>> >>> 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 >>> >>> >>> >>> Uploaded Files >>> >>> >>> >>> FOIL Response Format >>> >>> >>> >>> Email >>> >>> >>> >>> If fees apply, please contact me if costs will be greater than >>> >>> >>> >>> $10000 >>> >>> >>> >>> Your FOIL request has been forwarded to the organization(s) you >>> selected, and the respective Records Access Officer will contact you >>> directly for further processing of your request. Please allow up to five >>> business days for such communication(s). For your convenience, here is >>> additional contact information: >>> >>> >>> >>> >>> >>> >>> >>> >>> >>> >>> >>> Department of Financial Services >>> >>> >>> >>> One State Street >>> >>> >>> >>> 20th Floor >>> >>> >>> >>> New York, NY 10004 >>> >>
