JP Morgan Had No Incentive To Devalue Fintech Joint Venture

[Gunnar Larson]

JP Morgan Had No Incentive To Devalue Fintech Joint Venture


By Ronan Barnard

J.P. Morgan had no reason to devalue a payment company it co-owned with
fintech business Werealize, a London judge ruled Thursday, in the
companies' dispute over the investment bank's option to buy out its
partner's stake in their joint venture.

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Senate Dems Admonish Roberts As Ethics Reform Stalls

[Gunnar Larson]

Senate Dems Admonish Roberts As Ethics Reform Stalls


By Katie Buehler

Several senior Democratic senators chided Chief Justice John Roberts on
Wednesday for failing to take responsibility for or address the U.S.
Supreme Court's ethics issues, vowing to continue fighting Republican
opposition and to pass court reform legislation unless the chief justice
makes improvements.

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SPAC Dealmakers Expect Modest Pickup After Market Bottom

[Gunnar Larson]

SPAC Dealmakers Expect Modest Pickup After Market Bottom


By Tom Zanki

Market professionals expect a slow pickup in deals involving
special-purpose acquisition companies starting in the second half of 2024,
predicting on Wednesday that a leaner market will emerge following the
recent crash and imposition of tighter regulations.

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CalPERS Opposes $5B Atty Fee In Musk Pay Fight

[Gunnar Larson]

CalPERS Opposes $5B Atty Fee In Musk Pay Fight


By Jeff Montgomery

The nation's largest public pension fund lined up Wednesday against a
proposed $5 billion-plus fee for stockholder attorneys whose Delaware Court
of Chancery suit blocked Tesla CEO Elon Musk's one-time $56 billion
compensation plan, one day ahead of a Tesla shareholder vote to resurrect
the pay deal.

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4 Charged In $50M Email, Romance Fraud Schemes

[Gunnar Larson]

4 Charged In $50M Email, Romance Fraud Schemes


By Elliot Weld

Four people were charged by Brooklyn federal prosecutors with participating
in a series of fraudulent email and romance fraud schemes that resulted in
$50 million in losses to the alleged victims.

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Mich. Atty Gets Life In Prison For Arranging Client's Murder

[Gunnar Larson]

Mich. Atty Gets Life In Prison For Arranging Client's Murder


By Danielle Ferguson

A Michigan attorney convicted of plotting to kill a wealthy client to gain
access to his trust was sentenced Wednesday to life in prison without the
opportunity for parole, and a judge said the lawyer viewed those around him
as merely opportunities to profit.

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FBI Told OneTaste Witness To Delete Evidence, Ex-Execs Say

[Gunnar Larson]

FBI Told OneTaste Witness To Delete Evidence, Ex-Execs Say


By Elliot Weld

Two former executives of sexual wellness company OneTaste Inc. said they
uncovered "shocking" evidence that an FBI agent told a former employee of
the business and key government witness to delete an old email account,
allegedly destroying exculpatory evidence in a forced-labor conspiracy case.

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Ga. Attys Fight Sanctions In Police Racial Profiling, Death Suit

[Gunnar Larson]

Ga. Attys Fight Sanctions In Police Racial Profiling, Death Suit


By Madeline Lyskawa

Peach State attorneys representing a mother who sued the city of Wrens
Police Department for allegedly racially profiling and fatally shooting her
son responded to the city's attempt to sanction them and their client for
pursuing her claims in Georgia federal court, calling the move "premature,
vexatious and oppressive."

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Prosecutor Drops Extortion Case Against Fla. Securities Atty

[Gunnar Larson]

Prosecutor Drops Extortion Case Against Fla. Securities Atty


By David Minsky

A Florida state prosecutor on Wednesday dropped a felony extortion charge
against a securities litigation attorney who was accused of threatening to
expose an accuser's criminal past if she didn't resign from their
condominium board, saying an investigation revealed that there wouldn't be
a reasonable likelihood of conviction.

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Colo. DA's Probe Harms Justice System, Ex-Judge Says

[Gunnar Larson]

Colo. DA's Probe Harms Justice System, Ex-Judge Says


By Daniel Ducassi

A former Colorado state judge told an attorney disciplinary panel Wednesday
that a district attorney's push to interview the judge's ex-wife after he
made adverse rulings for the prosecution in a high-profile murder case was
prompted by a "baseless conspiracy theory" and harmful to judicial
independence.

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Crypto Tries to Recreate the Koch Money Machine to Pack Congress with Shills

[Gunnar Larson]

https://wallstreetonparade.com/2024/06/crypto-tries-to-recreate-the-koch-money-machine-to-pack-congress-with-shills/


Editor’s Note: For watchdog Better Markets’ detailed analysis of crypto’s
“track record of lawlessness, deception, fraud, and investor losses,” see
here.

By Pam Martens and Russ Martens: June 13, 2024 ~

As meticulously chronicled by Jane Mayer and numerous others, the
billionaire owners of fossil fuels giant Koch Industries — Charles Koch and
his late brother, David Koch – spent decades building the tentacles of what
became known as the Kochtopus. It was, and remains, a sprawling network of
Super Pacs, nonprofits, dark money groups, activist groups and think tanks
deployed to push an anti-regulatory agenda in Congress – particularly when
it comes to fossil fuels and climate change. Koch’s latest addition is an
Orwellian voter-mining database and its dangerous appendages.

Crypto billionaires appear to have studied the Koch playbook carefully and
are now rapidly rolling out a strikingly similar network. As we reported on
Tuesday, a handful of crypto billionaires and their related crypto
businesses had plowed $92.87 million (as of April 30) into a Super Pac,
ironically called “Fairshake,” to defeat candidates for Congress who refuse
to be toadies for the crypto agenda.

We obtained the $92.87 million receipt figure for Fairshake directly from
records at the Federal Election Commission, where there is a lag in
updating new donations to the public FEC website. According to Bloomberg
News, subsequent to April 30, three prior big-money donors to Fairshake,
crypto exchange Coinbase, venture capital firm Andreessen-Horowitz, and
blockchain services company, Ripple, each donated $25 million to Fairshake.
That additional $75 million would bring Fairshake’s current total to at
least $167.87 million — making it one of the largest Super Pacs in the U.S.

The vast majority of Fairshake’s money comes either directly from the
crypto exchange, Coinbase, or from its billionaire investors. One of those
is Brian Armstrong, Chairman and CEO of Coinbase. Armstrong has been
brazenly outspoken for the head of a publicly-traded company about
threatening members of Congress to either get on board the crypto bandwagon
or risk losing their seats in the November election.

On the Coinbase blog on June 3, Armstrong wrote this:

“Crypto voters won’t be taken seriously until we send a clear message to
political candidates that it is bad politics to be anti-crypto. Therefore,
the simple conclusion is that we need to support pro-crypto candidates on
both sides of the aisle, and unceremoniously vote anti-crypto candidates
out of office.”

Fairshake did just that in the spring primary in California. It spent over
$10 million in attack ads against Congresswoman Katie Porter’s bid for a
U.S. Senate seat, falsely claiming that she took campaign money from Big
Oil, Big Pharma and Big Banks. Porter was soundly defeated. Because her
House term is up in January, Porter’s strong public-interest voice will be
eliminated completely from Congress.

Like Koch-funded Americans for Prosperity, crypto has also created a
“grassroots movement” called StandwithCrypto.org. On its website, it’s
sending a warning to the members of Congress that it plans to target.
Senator Sherrod Brown, a Democrat from Ohio who is running for reelection
this year, is given an “F” rating, with the words “Strongly against crypto”
next to his photo on the website.

The crypto tentacles also include a dark money nonprofit called Cedar
Innovation Foundation. Its website shows that it is already running ads
ordering Senator Sherrod Brown (who chairs the Senate Banking Committee) to
get Securities and Exchange Commission Chair, Gary Gensler, to back off.
The SEC has sued Coinbase for the unregistered sale of securities. The SEC
scored a major win in court in March with the judge ruling that the case
can move on to trial.

Cedar Innovation Foundation is so new and so dark that it could spend tens
of millions of dollars this year without providing a hint of its donors,
its officers, or even its address. One thing we do know, thanks to
OpenSecrets.org, is that it has hired a highly experienced lobbying firm in
Washington, D.C. – Mindset Advocacy LLC – which is also a lobbyist for –
wait for it – units of Koch Industries.

Coincidentally – or perhaps not – crypto has a connection to fossil fuels.
According to a 2022 report from the White House Office of Science and
Technology Policy, crypto is driving energy consumption in the wrong
direction if we are to stop the dangerous heating of the planet. The report
revealed this:

“From 2018 to 2022, annualized electricity usage from global crypto-assets
grew rapidly, with estimates of electricity usage doubling to quadrupling.
As of August 2022, published estimates of the total global electricity
usage for crypto-assets are between 120 and 240 billion kilowatt-hours per
year, a range that exceeds the total annual electricity 

8th Circ. Judge Calls Car Sex 'Clearly Foreseeable' In HPV Suit

[Gunnar Larson]

8th Circ. Judge Calls Car Sex 'Clearly Foreseeable' In HPV Suit


By Hope Patti

An Eighth Circuit judge said Wednesday that having sex in a vehicle is
"clearly foreseeable," challenging Geico's contention that such
activity does not constitute normal use of an automobile in a coverage suit
over a woman's claim that she contracted HPV during sexual encounters in a
policyholder's car.

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House IP Panel Eyes Transparency For Litigation Funders

[Gunnar Larson]

House IP Panel Eyes Transparency For Litigation Funders


By Ivan Moreno

A congressional committee on Wednesday began discussing whether to require
more transparency of third-party litigation funding agreements to stem what
lawmakers say are abusive patent lawsuits and national security concerns if
hostile foreign governments meddle with cases anonymously.

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GOP, Dems Fight Over Climate Investment 'Collusion'

[Gunnar Larson]

GOP, Dems Fight Over Climate Investment 'Collusion'


By Bryan Koenig

House Judiciary Democrats and Republicans traded barbs and competing staff
reports Wednesday over investment industry initiatives to combat climate
change that the GOP called a "climate cartel" and their partisan rivals
said is simply responsible, and voluntary, investing.

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Colo. Tech Co. Says Startup Founder Can't Shield Sale Docs

[Gunnar Larson]

Colo. Tech Co. Says Startup Founder Can't Shield Sale Docs


By Parker Quinlan

A Colorado technology company is arguing that the founder of a startup it
acquired shouldn't be allowed to withhold nearly half of the documents it
is seeking by asserting privilege in his $15 million fraud suit, as he
claimed to rely on his law firm's advice when he approved the deal.

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NFL Exec Denies League Fixed Sunday Ticket Price At Trial

[Gunnar Larson]

NFL Exec Denies League Fixed Sunday Ticket Price At Trial


By Craig Clough

One of the NFL's top executives denied on the witness stand Wednesday in a
California federal courtroom that the league dictated the cost of the
DirecTV Sunday Ticket package, pushing back when an attorney for
subscribers bringing multibillion-dollar antitrust claims suggested some
internal emails are evidence the league fixed the price.

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Texas Judge 'Exasperated' By Parties In Skiplagged Suit

[Gunnar Larson]

Texas Judge 'Exasperated' By Parties In Skiplagged Suit


By Spencer Brewer

An "exasperated" Texas federal judge on Wednesday ordered American Airlines
and airfare search engine Skiplagged Inc. into mediation after the parties
ran into their sixth discovery dispute in litigation around Skiplagged's
alleged unauthorized ticket sales, saying the court didn't want to referee
"countless discovery disputes used as litigation tactics."

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NY AG, Firms Beat Cuomo Subpoenas In Sex Harassment Suit

[Gunnar Larson]

NY AG, Firms Beat Cuomo Subpoenas In Sex Harassment Suit


By Patrick Hoff

Former New York Gov. Andrew Cuomo can't force Cleary Gottlieb Steen &
Hamilton LLP and Vladeck Raskin & Clark PC to produce information about an
investigation into sexual misconduct accusations that forced him to resign,
a federal judge ruled Wednesday, finding the firms were acting under the
state attorney general's authority.

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Sen. Dems Seek Criminal Penalties For PE Hospital 'Looters'

[Gunnar Larson]

Sen. Dems Seek Criminal Penalties For PE Hospital 'Looters'


By Jared Foretek

A pair of Democratic senators are targeting private equity's role in the
healthcare industry, introducing new legislation Tuesday that would give
federal and state enforcers new tools to go after firms they say are
"looting" hospital systems and other providers, including possibly jailing
executives if patient deaths result.

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League's Antitrust Case Against US Soccer, MLS Survives

[Gunnar Larson]

League's Antitrust Case Against US Soccer, MLS Survives


By Elaine Briseño

Major League Soccer and the sport's U.S. governing body must face
allegations that they colluded to impose standards in a lopsided manner in
order to hamper the North American Soccer League, after a New York federal
judge refused to toss the claim.

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Crypto Just Got Exponentially More Dangerous: Meet Fairshake

[Gunnar Larson]

https://wallstreetonparade.com/2024/06/crypto-just-got-exponentially-more-dangerous-meet-fairshake/


By Pam Martens and Russ Martens: June 11, 2024 ~

The first thing you need to know about crypto is that some of the smartest
minds in investment and technology have studied crypto carefully and
determined it’s a total sham.

In July 2019, NYU Professor and economist Nouriel Roubini summed up his
findings like this:

“Crypto currencies are not even currencies. They’re a joke…The price of
Bitcoin has fallen in a week by how much – 30 percent. It goes up 20
percent one day, collapses the next. It is not a means of payment, nobody,
not even this blockchain conference, accepts Bitcoin for paying for
conference fees cause you can do only five transactions per second with
Bitcoin. With the Visa system you can do 25,000 transactions per
second…Crypto’s nonsense. It’s a failure. Nobody’s using it for any
transactions. It’s trading one sh*tcoin for another sh*tcoin. That’s the
entire trading or currency in the space where’s there’s price manipulation,
spoofing, wash trading, pump and dumping, frontrunning. It’s just a big
criminal scam and nothing else.”

On June 1, 2022, more than 1,600 computer scientists, software engineers
and technologists from around the world sent a letter to key members of the
U.S. Congress and to the Chairs of the Senate Banking and House Financial
Services Committees, disputing that crypto was a worthwhile financial
innovation. Among the signatories to the letter were 45 experts who worked
at Google; 19 from Microsoft; 11 from Apple; and Ph.Ds from the most
prestigious universities in the world, including Oxford and MIT. These
experts told Congress the following:

“We strongly disagree with the narrative — peddled by those with a
financial stake in the crypto-asset industry— that these technologies
represent a positive financial innovation and are in any way suited to
solving the financial problems facing ordinary Americans…

“As software engineers and technologists with deep expertise in our fields,
we dispute the claims made in recent years about the novelty and potential
of blockchain technology. Blockchain technology cannot, and will not, have
transaction reversal or data privacy mechanisms because they are
antithetical to its base design. Financial technologies that serve the
public must always have mechanisms for fraud mitigation and allow a
human-in-the-loop to reverse transactions; blockchain permits neither.”

In February of last year, the Wall Street Journal gave the iconic investor,
Charlie Munger, space for a 393-word OpEd on crypto. Munger, who died in
November of last year at age 99, used the space to urge the U.S. to ban
crypto, as China and numerous other countries have already done. Munger
wrote this:

“…A cryptocurrency is not a currency, not a commodity, and not a security.
Instead, it’s a gambling contract with a nearly 100% edge for the house,
entered into in a country where gambling contracts are traditionally
regulated only by states that compete in laxity. Obviously, the U.S. should
now enact a new federal law that prevents this from happening.”

But even after the FTX crypto exchange and Sam Bankman-Fried and his
colleagues perpetrated one of the largest financial frauds in U.S. history,
billionaire investors in crypto companies are still getting their way with
far too many members of the U.S. Congress in exchange for fat political
contributions.

In February and March, the crypto billionaires became exponentially more
dangerous. They decided they were going to knock Congresswoman Katie Porter
out of the running for a U.S. Senate seat. What was Porter’s transgression
against crypto? In January 2022, Porter had joined with Senator Elizabeth
Warren and other Democrats in Congress in investigating the inherent
dangers between crypto, energy usage and dangerous heating of the planet. A
press statement summarized their concerns as follows:

“Bitcoin is the largest cryptocurrency by market cap, and the United
States’ share of Bitcoin mining increased from 4% in August 2019 to 35% in
July 2021. This share of mining is growing even more rapidly after China’s
crackdown on cryptomining, which left 500,000 mining operations looking for
new locations. This could push North America to represent over 40% of the
total global computing power dedicated to mining Bitcoin. As more
cryptomining operations proliferate in the United States, the extraordinary
energy use raises alarms about massive carbon emissions and the impacts of
this energy consumption on consumer energy prices. A recent study estimated
that cryptomining in upstate New York raised annual electric bills by about
$165 million for small businesses and $79 million for consumers.”

The famously outspoken Porter (armed with her whiteboard and Harvard Law
degree) could have posed a bigger problem in the Senate than she already
does for crypto in the House. So a small group of crypto billionaires
decided to simply take 

Google's GPay TM Gets Declined In Europe

[Gunnar Larson]

Google's GPay TM Gets Declined In Europe


By Hanna Vioque

Google lost its appeal on Wednesday after seeking to revive its "GPay"
trademark for electronic payment services as a European court ruled that a
Bulgarian rival had already cornered the digital market with "ePay."

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Elon Musk Sued Anew In Del. Over $16B Tesla Stock Sale

[Gunnar Larson]

Elon Musk Sued Anew In Del. Over $16B Tesla Stock Sale


By Elliot Weld

A Tesla shareholder has hit Elon Musk with a lawsuit over his 2021 sale of
$16 billion worth of stock just before his purchase of Twitter, claiming
the billionaire profited by concealing his intent to buy the social media
platform and made the purchase in part to reinstate former President Donald
Trump's account.

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Texas AG Urges DC Circ. To Revive Media Matters Probe

[Gunnar Larson]

Texas AG Urges DC Circ. To Revive Media Matters Probe


By Ali Sullivan

Texas Attorney General Ken Paxton wants the D.C. Circuit to revive his
investigation into progressive media watchdog Media Matters' reporting on
the social media platform X, saying the D.C. federal court had no authority
to interfere with the probe.

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Pa. County Can't Give Voting Machine Data To Mich. Atty

[Gunnar Larson]

Pa. County Can't Give Voting Machine Data To Mich. Atty


By Matthew Santoni

A Pennsylvania judge on Tuesday blocked Fulton County commissioners from
giving data copied from the county's Dominion Voting Systems equipment to
an attorney and Donald Trump ally facing criminal charges for illegally
accessing voter information in Michigan.

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Raytheon Openly Prefers Younger Job Applicants, Suit Says

[Gunnar Larson]

Raytheon Openly Prefers Younger Job Applicants, Suit Says


By Patrick Hoff

Raytheon for years has violated age bias law by advertising positions
explicitly meant for recent college graduates despite public statements
acknowledging that the aerospace company needs thousands of additional
workers, a 67-year-old job applicant alleged Tuesday in Massachusetts
federal court.

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SEC Probing Autodesk After Accounting Practices Report

[Gunnar Larson]

SEC Probing Autodesk After Accounting Practices Report


By Elliot Weld

Autodesk Inc. said the U.S. Securities and Exchange Commission is
investigating the software corporation after it voluntarily contacted the
regulatory body to inform it of the company's own internal investigation
into its free cash flow and non-generally accepted accounting principles
operating margin practices.

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AI Hiring Platform's Ex-CEO Charged With $27M Fraud

[Gunnar Larson]

AI Hiring Platform's Ex-CEO Charged With $27M Fraud


By Jessica Corso

The founder of hiring startup Joonko Diversity Inc. has been charged with
fraud, with prosecutors saying Tuesday that she deceived investors into
dumping $27 million into a platform that supposedly used artificial
intelligence to help companies recruit diverse job candidates.

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Wells Fargo Seeks Exit From 'Free Trial' Marketing Scam Suit

[Gunnar Larson]

Wells Fargo Seeks Exit From 'Free Trial' Marketing Scam Suit


By Katryna Perera

Wells Fargo on Tuesday asked a California federal judge to let it escape a
lawsuit alleging that the bank's problematic sales practices led it to play
a supporting role in two "free trial" marketing scams that pulled in $200
million from consumers, arguing there is no admissible evidence to support
the plaintiff's "story."

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Uniswap Taps Coinbase Atty To Be CLO As SEC Fight Looms

[Gunnar Larson]

Uniswap Taps Coinbase Atty To Be CLO As SEC Fight Looms


By Aislinn Keely

The firm behind decentralized marketplace Uniswap has brought on a senior
Coinbase attorney and seasoned litigator to helm its legal operations as it
stares down a potential enforcement action from the U.S. Securities and
Exchange Commission.

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Fed's New Internal Trading Policy Full Of Loopholes, Sens. Say

[Gunnar Larson]

Fed's New Internal Trading Policy Full Of Loopholes, Sens. Say


By Katryna Perera

Sens. Elizabeth Warren, D-Mass., and Rick Scott, R-Fla., have called on
Federal Reserve Board Chair Jerome Powell to repeal what they say is a
"failed approach" to addressing allegedly illicit trading by Fed officials,
saying the long-awaited policy is riddled with loopholes, contains weak
penalties and requires no transparency for officials who violate the
trading rules.

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Musk Drops Suit Against OpenAI On Eve Of Dismissal Hearing

[Gunnar Larson]

Musk Drops Suit Against OpenAI On Eve Of Dismissal Hearing


By Hailey Konnath

Elon Musk on Tuesday voluntarily dismissed his suit accusing former
business partner and OpenAI CEO Sam Altman of betraying his promises to run
the artificial intelligence operation as a nonprofit, a move that comes the
day before a hearing was set on OpenAI's dismissal bid.

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Mich. Court Says Insurer Can Yank Benefits For Litigation Lies

[Gunnar Larson]

Mich. Court Says Insurer Can Yank Benefits For Litigation Lies


By Elizabeth Daley

The Michigan Supreme Court unanimously reversed an appeals court decision,
ruling Tuesday that misrepresentations made during discovery could prevent
the family of a deceased car accident victim from recovering benefits from
an insurer assigned to his claim by a state safety net program.

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French Fears Ignite Selloff in U.S. Megabanks and Foreign Peers

[Gunnar Larson]

https://wallstreetonparade.com/2024/06/french-fears-ignite-selloff-in-u-s-megabanks-and-foreign-peers/


By Pam Martens and Russ Martens: June 12, 2024 ~

Taming the Megabanks, Book JacketYesterday, The Hill published an OpEd by
the man who, literally, wrote the book on the megabanks: Arthur E.
Wilmarth, Jr., Professor Emeritus of Law at George Washington University
Law School. Wilmarth raised critical points on why these megabanks continue
to pose unacceptable levels of risk to U.S. financial stability and need to
dramatically boost their equity capital – notwithstanding their fierce
lobbying and propaganda battle to overturn the proposed new capital rules
by bank regulators.

The forces of the universe seemed to align with Wilmarth’s gutsy OpEd
yesterday. In a display of just how dangerously interconnected with
derivatives these megabanks remain, their share prices tanked in tandem
yesterday despite the S 500 and Nasdaq indexes each setting a new record
high.

The contagion among the megabanks spread after French President Emmanuel
Macron called snap parliamentary elections for June 30 and July 7 following
far-right advances in the weekend’s elections to the European Parliament.

The mega French bank, Société Générale, lost 5.52 percent in New York
trading while the largest French bank, BNP Paribas, lost 4.72 percent. That
set in motion a tumble in megabanks in general with Citigroup leading the
U.S. losers with a decline of 3.73 percent. JPMorgan Chase, whose Chairman
and CEO Jamie Dimon is leading the lobbying push against higher capital
rules, tumbled 2.63 percent. (See chart above for more of the contagion.)

Wilmarth makes the following critical points in yesterday’s OpEd:

On a percentage basis, megabanks are holding far less capital than
community banks, even though they pose exponentially greater risks and
receive serial bailouts. Wilmarth also highlights the under-appreciated
reality of how the megabanks have contributed to exploding national debt
levels in the U.S. He writes:

“Total federal debt nearly quadrupled from $9 trillion to $34 trillion
between 2007 and 2023, due in substantial part to huge expenditures for
combating financial crises. It is doubtful whether the federal government
could shoulder comparable debt burdens during future crises without
undermining the credibility of Treasury bonds and the U.S. dollar.”

Wilmarth also addresses the core incentive that motivates the megabanks’
top executives to rail against higher capital rules, writing as follows:

“Big banks vehemently oppose higher equity capital requirements because
they reduce payouts to megabank executives. Much of the executive
compensation paid by megabanks is linked to their return on equity (ROE).
Adding more equity increases the denominator for calculating ROE, making it
harder for executives to hit their ROE targets. Big-bank executives
therefore have powerful motives to fund their banks’ operations with less
equity and more debt.”

Wilmarth also links to two heart-stopping studies showing that “larger U.S.
banks incur more severe losses from operational risk, and past losses from
operational risk are good predictors of future losses at the same banks.”

Let that last sentence sink in carefully for a moment; then reflect on
this. The largest bank in the U.S., JPMorgan Chase, gambled in derivatives
in London in 2012, using depositors’ money at its federally-insured bank,
and lost $6.2 billion of depositors’ money. JPMorgan Chase also held the
business bank account for Bernie Madoff as he ran the largest Ponzi scheme
in U.S. history out of the account. According to a report by the Government
Accountability Office, the bank’s own customers lost $5.4 billion to the
Madoff fraud. Then there were the revelations last year, brought in a
federal lawsuit by the Attorney General for the U.S. Virgin Islands, that
JPMorgan Chase had “actively participated” in Jeffrey Epstein’s sex
trafficking of underage girls by providing tens of thousands of dollars in
hard cash to him monthly for more than a decade without filing the legally
mandated Suspicious Activity Reports (SARs) with the Financial Crimes
Enforcement Network (FinCEN).

And yet, JPMorgan Chase is allowed by its regulators to hold a lower
percentage of equity capital to assets than a sleepy little community bank.

If you agree that the current banking structure in the U.S. represents a
threat to national security and economic stability, please contact your
U.S. Senators today via the U.S. Capitol switchboard by dialing (202)
224-3121. Tell your Senators to hold immediate hearings on the dangerous
structure of the U.S. banking system since the repeal of the Glass-Steagall
Act in 1999, which has allowed giant federally-insured banks to be turned
into derivative trading casinos.

9th Circ. Ruling Shows Lies Must Go To Nature Of Bargain

[Gunnar Larson]

9th Circ. Ruling Shows Lies Must Go To Nature Of Bargain


The Ninth Circuit’s recent U.S. v. Milheiser decision, vacating six mail
fraud convictions, clarifies that the key question in federal fraud cases
is not whether lies were told, but what they were told about — thus
requiring defense counsel to rethink their strategies, say Charles
Kreindler and Krista Landis at Sheppard Mullin.

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Attys For Restaurant Software Investors Ring Up $2.25M Fee

[Gunnar Larson]

Attys For Restaurant Software Investors Ring Up $2.25M Fee


By Emilie Ruscoe

Attorneys representing investors in a suit against restaurant software
company Olo Inc. will receive $2.25 million for brokering settlement of
class action claims alleging the company touted an ill-fated partnership
with sandwich chain Subway as an example of its success.

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NY Courts Agree To Boost Translation Services After Bias Case

[Gunnar Larson]

NY Courts Agree To Boost Translation Services After Bias Case


By Tracey Read

New York state court officials instituted reforms and sealed an agreement
with federal prosecutors on Tuesday related to claims that an upstate
county denied Spanish-speaking defendants translation services in violation
of their civil rights.

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Fat Brands Faces Investor Suit Over $47M Loan Scheme

[Gunnar Larson]

Fat Brands Faces Investor Suit Over $47M Loan Scheme


By Gina Kim

Fat Brands and its executives face a proposed class action in California
federal court alleging that they falsely claimed to be cooperating with
governmental probes into their CEO's spending $47 million on company loans
while skirting taxes, leading stock prices to plunge last month when
criminal charges were announced.

 Complaint attached | Read full article »

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LC Administrators Attack Ex-Boss' Credibility In Ponzi Case

[Gunnar Larson]

LC Administrators Attack Ex-Boss' Credibility In Ponzi Case


By William Janes

The administrators of London Capital & Finance PLC have criticized the
company's former head as a "thoroughly unreliable witness" as they closed
their case that he and others operated the business as a £237 million ($302
million) Ponzi scheme.

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What The NYSE Proposed Delisting Rule Could Mean For Cos.

[Gunnar Larson]

What The NYSE Proposed Delisting Rule Could Mean For Cos.


The New York Stock Exchange's recently proposed rule would provide the
exchange with discretionary authority to commence delisting proceedings for
a company substantially shifting its primary business focus, raising
concerns for NYSE-listed companies over the exact definition of the
exchange's proposed "substantially different" standard, say attorneys at
Winston & Strawn.

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Senate Judiciary Panel Urged To Investigate High Court Ethics

[Gunnar Larson]

Senate Judiciary Panel Urged To Investigate High Court Ethics


By Courtney Bublé and Katie Buehler

The Leadership Conference on Civil and Human Rights sent a letter on Monday
urging the "full power" of the Senate Judiciary Committee be used to
investigate the latest "ethics crisis" at the U.S. Supreme Court.

 2 documents attached | Read full article »

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Sunak Pledges Further Tax Cuts In Election Manifesto

[Gunnar Larson]

Sunak Pledges Further Tax Cuts In Election Manifesto


By Joel Poultney

Rishi Sunak said on Tuesday that his Conservative Party would establish a
tax system that "rewards work" by slashing a range of levies if it wins the
general election, including another cut in the national payroll tax by 2027.

Read full article »

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YSL Atty Jailed For Contempt Ruling Over 'Sacrosanct' Convo

[Gunnar Larson]

YSL Atty Jailed For Contempt Ruling Over 'Sacrosanct' Convo


By Chart Riggall

The defense counsel for Atlanta rapper Young Thug was ordered to spend the
next 10 weekends in jail after being held in contempt Monday afternoon for
refusing to divulge how the attorney learned of a purported conversation
behind closed doors between prosecutors, a witness and the judge presiding
over the case.

Read full article »

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Justices To Hear Meta Investor Suit Over Risk Disclosures

[Gunnar Larson]

Justices To Hear Meta Investor Suit Over Risk Disclosures


By Sarah Jarvis

The U.S. Supreme Court on Monday agreed to hear Meta Platforms' petition
regarding the Ninth Circuit's decision to partially revive investors'
claims over the Cambridge Analytica data abuse scandal, after the tech
giant argued the appellate panel adopted "extreme outlier positions."

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Bloomberg's Utility Bond Changes Hurt Consumers, Suit Says

[Gunnar Larson]

Bloomberg's Utility Bond Changes Hurt Consumers, Suit Says


By Sydney Price

Bloomberg LP was hit with a proposed class action by California and Texas
electricity customers who claim the company reclassified certain bonds
issued by utility companies to elevate their perceived risk and hike
interest rates, a move they say benefited institutional investors but
imposed increased costs on electricity customers.

 Complaint attached | Read full article »

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Split Mich. Panel Says Attorney-Free Confession OK For Court

[Gunnar Larson]

Split Mich. Panel Says Attorney-Free Confession OK For Court


By Danielle Ferguson

A split Michigan appellate panel said a judge should have admitted a video
of a defendant confessing to hitting someone with his truck because the
defendant signed multiple documents waiving his right to have counsel
present, although a dissenting judge said police "misled" the defendant and
took advantage of his confusion.

 2 documents attached | Read full article »

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The Uncertain Scope Of The First Financial Fair Access Laws

[Gunnar Larson]

The Uncertain Scope Of The First Financial Fair Access Laws


With Florida and Tennessee soon to roll out laws banning financial
institutions from making decisions based on customer traits like political
affiliation, national financial services providers should consider how
broadly worded “fair access” laws from these and other conservative-leaning
states may place new obligations on their business operations, say
attorneys at Sullivan & Cromwell.

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Order Trims Cuomo Suit Over Harassment Probe Documents

[Gunnar Larson]

Order Trims Cuomo Suit Over Harassment Probe Documents


By Elliot Weld

A New York state judge has partially dismissed a petition brought by former
Gov. Andrew Cuomo seeking dozens of unredacted transcripts of witness
interviews as part of the state attorney general's sexual harassment
investigation that led to his 2021 resignation.

 Order attached | Read full article »

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Exxon Says Activist Investor Could Still Target Core Business

[Gunnar Larson]

Exxon Says Activist Investor Could Still Target Core Business


By Spencer Brewer

Exxon Mobil Corp. sought Monday to keep alive its lawsuit against Arjuna
Capital LLC in Texas federal court, arguing that the activist investor
could still work behind the scenes to submit climate-related shareholder
proposals despite promises in court that it will not.

 Response attached | Read full article »

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Ex-Sports Illustrated Publisher Countersues Owner In TM Row

[Gunnar Larson]

Ex-Sports Illustrated Publisher Countersues Owner In TM Row


By Elliot Weld

The former publisher of Sports Illustrated has filed a countersuit alleging
that the magazine's owner, Authentic Brands Group, made it impossible to
run the magazine and then conspired to install a competitor as the new
publisher.

 1 document attached | Read full article »

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Aircraft Engine Co. Avco Wants Ex-Atty Sanctions Bid Cut

[Gunnar Larson]

Aircraft Engine Co. Avco Wants Ex-Atty Sanctions Bid Cut


By James Boyle

A dispute over deposition scheduling in a sanctions case filed in
Pennsylvania federal court by a lawyer who formerly represented an aircraft
company has led to accusations of attorneys acting in bad faith to obstruct
the case and complaints of a lack of professional courtesy.

 2 documents attached | Read full article »

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Prudential Financial Hit With Data Breach Suit In NJ

[Gunnar Larson]

Prudential Financial Hit With Data Breach Suit In NJ


By Emilie Ruscoe

Prudential Financial Inc. faces a negligence suit alleging the company
failed to protect the personal information of nearly 37,000 clients after
it acknowledged that certain of its systems were compromised in a February
hacking incident involving so-called social engineering.

 Complaint attached | Read full article »

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Crypto Just Got Exponentially More Dangerous: Meet Fairshake

[Gunnar Larson]

https://wallstreetonparade.com/2024/06/crypto-just-got-exponentially-more-dangerous-meet-fairshake/


By Pam Martens and Russ Martens: June 11, 2024 ~

The first thing you need to know about crypto is that some of the smartest
minds in investment and technology have studied crypto carefully and
determined it’s a total sham.

In July 2019, NYU Professor and economist Nouriel Roubini summed up his
findings like this:

“Crypto currencies are not even currencies. They’re a joke…The price of
Bitcoin has fallen in a week by how much – 30 percent. It goes up 20
percent one day, collapses the next. It is not a means of payment, nobody,
not even this blockchain conference, accepts Bitcoin for paying for
conference fees cause you can do only five transactions per second with
Bitcoin. With the Visa system you can do 25,000 transactions per
second…Crypto’s nonsense. It’s a failure. Nobody’s using it for any
transactions. It’s trading one sh*tcoin for another sh*tcoin. That’s the
entire trading or currency in the space where’s there’s price manipulation,
spoofing, wash trading, pump and dumping, frontrunning. It’s just a big
criminal scam and nothing else.”

On June 1, 2022, more than 1,600 computer scientists, software engineers
and technologists from around the world sent a letter to key members of the
U.S. Congress and to the Chairs of the Senate Banking and House Financial
Services Committees, disputing that crypto was a worthwhile financial
innovation. Among the signatories to the letter were 45 experts who worked
at Google; 19 from Microsoft; 11 from Apple; and Ph.Ds from the most
prestigious universities in the world, including Oxford and MIT. These
experts told Congress the following:

“We strongly disagree with the narrative — peddled by those with a
financial stake in the crypto-asset industry— that these technologies
represent a positive financial innovation and are in any way suited to
solving the financial problems facing ordinary Americans…

“As software engineers and technologists with deep expertise in our fields,
we dispute the claims made in recent years about the novelty and potential
of blockchain technology. Blockchain technology cannot, and will not, have
transaction reversal or data privacy mechanisms because they are
antithetical to its base design. Financial technologies that serve the
public must always have mechanisms for fraud mitigation and allow a
human-in-the-loop to reverse transactions; blockchain permits neither.”

In February of last year, the Wall Street Journal gave the iconic investor,
Charlie Munger, space for a 393-word OpEd on crypto. Munger, who died in
November of last year at age 99, used the space to urge the U.S. to ban
crypto, as China and numerous other countries have already done. Munger
wrote this:

“…A cryptocurrency is not a currency, not a commodity, and not a security.
Instead, it’s a gambling contract with a nearly 100% edge for the house,
entered into in a country where gambling contracts are traditionally
regulated only by states that compete in laxity. Obviously, the U.S. should
now enact a new federal law that prevents this from happening.”

But even after the FTX crypto exchange and Sam Bankman-Fried and his
colleagues perpetrated one of the largest financial frauds in U.S. history,
billionaire investors in crypto companies are still getting their way with
far too many members of the U.S. Congress in exchange for fat political
contributions.

In February and March, the crypto billionaires became exponentially more
dangerous. They decided they were going to knock Congresswoman Katie Porter
out of the running for a U.S. Senate seat. What was Porter’s transgression
against crypto? In January 2022, Porter had joined with Senator Elizabeth
Warren and other Democrats in Congress in investigating the inherent
dangers between crypto, energy usage and dangerous heating of the planet. A
press statement summarized their concerns as follows:

“Bitcoin is the largest cryptocurrency by market cap, and the United
States’ share of Bitcoin mining increased from 4% in August 2019 to 35% in
July 2021. This share of mining is growing even more rapidly after China’s
crackdown on cryptomining, which left 500,000 mining operations looking for
new locations. This could push North America to represent over 40% of the
total global computing power dedicated to mining Bitcoin. As more
cryptomining operations proliferate in the United States, the extraordinary
energy use raises alarms about massive carbon emissions and the impacts of
this energy consumption on consumer energy prices. A recent study estimated
that cryptomining in upstate New York raised annual electric bills by about
$165 million for small businesses and $79 million for consumers.”

The famously outspoken Porter (armed with her whiteboard and Harvard Law
degree) could have posed a bigger problem in the Senate than she already
does for crypto in the House. So a small group of crypto billionaires
decided to simply take 

Ex-LA Chinatown Bank CFO Gets 3 Years For Embezzlement

[Gunnar Larson]

Ex-LA Chinatown Bank CFO Gets 3 Years For Embezzlement


By Emilie Ruscoe

The former chief financial officer of a bank based in Los Angeles'
Chinatown has been sentenced to three years in prison after pleading guilty
to bank fraud for embezzling more than $700,000 from his employer.

Read full article »

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US Treasury Targets Houthi Maritime Smuggling Network

[Gunnar Larson]

US Treasury Targets Houthi Maritime Smuggling Network


By Jennifer Doherty

The U.S. Department of the Treasury added 10 entries to its sanctions
blacklist Monday, including designations for crew members and purported
document forgers linked to an Iran-based financier the agency views as a
leading enabler of Yemen's Houthi rebels.

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Chinese Dissident's Banker Lied About Accounts, Jury Hears

[Gunnar Larson]

Chinese Dissident's Banker Lied About Accounts, Jury Hears


By Rachel Scharf

The former head of banking for Miles Guo, the prominent Chinese dissident
also known as Ho Wan Kwok, testified in Manhattan federal court Monday that
he lied to financial institutions about a number of investment entities
that are now the subject of $1 billion fraud charges.

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Voyager Crypto Investors Get Initial OK For $2.4M Deal

[Gunnar Larson]

Voyager Crypto Investors Get Initial OK For $2.4M Deal


By Katryna Perera

A Florida federal judge gave the first green light on Monday to a $2.4
million settlement reached between retired football star Rob Gronkowski,
NBA player Victor Oladipo and NASCAR driver Landon Cassill and a class of
Voyager Digital Holdings Inc. investors over claims that the men helped
promote the failed cryptocurrency exchange.

 2 documents attached | Read full article »

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Gemini Says Jury Must Weigh Alleged 'Omissions,' Not Judge

[Gunnar Larson]

Gemini Says Jury Must Weigh Alleged 'Omissions,' Not Judge


By Aislinn Keely

Gemini Trust Co. has told a Manhattan federal judge that the U.S. Commodity
Futures Trading Commission's claims that the crypto exchange omitted key
information related to a proposed bitcoin futures contract isn't ripe for a
pretrial decision because the claims involve "hotly disputed factual
questions."

 Brief attached | Read full article »

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Re: Gunnar Larson Records

[Gunnar Larson]

Hello:

No body camera footage yet. Where is the footage?

Gunnar

On Sun, Jun 9, 2024, 7:53 AM Gunnar Larson  wrote:

> NYPD:
>
> Can the body camera footage from below (
> https://a860-openrecords.nyc.gov/request/view/FOIL-2024-056-15627) please
> be delivered by Noon tomorrow Monday June 10, 2024?
>
> Gunnar Larson
>
> On Sat, Jun 8, 2024, 4:22 PM Gunnar Larson  wrote:
>
>> Dear Ms. Jenny Ng, LCSW:
>>
>> My name is Gunnar Larson and I am a co-founder at xNY.io - Bank.org.
>>
>> Jamie Wilson from your firm has contacted me with information concerning
>> government welfare.
>>
>> Can you please email me a copy of my file with your office by Noon Monday
>> June 10, 2024?
>>
>> I am concerned that Ms. Wilson and her associates are sharing
>> misinformation with questionable intent. I have CCd the NYPD and the
>> Honorable Letitia James for reasons they are aware.
>>
>> Sending you the best regards.
>>
>> Thank you,
>>
>> Gunnar
>> ---
>> Gunnar Larson
>>
>> xNY.io - Bank.org
>> MSc - Digital Currency
>> MBA - Entrepreneurship and Innovation (ip)
>> g...@xny.io +1-917-580-8053
>>
>

Abraaj Group Hits Back In Fight Over $37M Debt

[Gunnar Larson]

Abraaj Group Hits Back In Fight Over $37M Debt


By William Janes

Abraaj Group has hit back at a claim by a UAE bank that it owns $37 million
of debt that the now-defunct private equity giant is trying to recover from
a troubled investment project in a Pakistani electricity supplier.

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PwC Accused Of Negligent Advice As $800M BAT Trial Opens

[Gunnar Larson]

PwC Accused Of Negligent Advice As $800M BAT Trial Opens


By Sophia Dourou

Bad advice given by PricewaterhouseCoopers LLP to a company embroiled in an
expensive environmental cleanup caused it to lose "hundreds of millions of
euros," a subsidiary of British American Tobacco said at the opening of an
$800million negligence trial on Monday.

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Next Gov't To Face Tough Pension Decisions, IFS Warns

[Gunnar Larson]

Next Gov't To Face Tough Pension Decisions, IFS Warns


By Joel Poultney

The next government will need to make some urgent decisions on pension
reforms to ensure future retirees are protected, an influential think-tank
has warned ahead of the July 4 general election.

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Serco Accused Of Playing Around With Books As Trial Opens

[Gunnar Larson]

Serco Accused Of Playing Around With Books As Trial Opens


By Joanne Faulkner

Institutional investors told a London court Monday that Serco had "played
around" with its financial reporting to keeping the government from
clocking fraud in its contract for electronic tagging services as a
landmark securities trial kicked off.

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What Tax Experts Hope To See In Labour's Manifesto

[Gunnar Larson]

What Tax Experts Hope To See In Labour's Manifesto


By Josh White

Labour's policy manifesto, expected to be unveiled on Thursday, will be
studied by tax lawyers for more detail on the fiscal planning being carried
out by the clear favorite to win the general election, including a final
word on lifetime pension savings.

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Fwd: Mayor Eric Adams NYCCoin Touting - Office of the Mayor of New York City City Hall Park, 260 Broadway New York, NY 10007 United States

[Gunnar Larson]

-- Forwarded message -
From: Gunnar Larson 
Date: Fri, Mar 10, 2023, 4:00 PM
Subject: Mayor Eric Adams NYCCoin Touting
To: 
Cc: , Harris, Adrienne A (DFS) <
adrienne.har...@dfs.ny.gov>


Please find the attached memo with reference footnotes:
https://drive.google.com/file/d/11VPJxmO_aKYOiCautBtbBhiOhqQjXW1D/view?usp=drivesdk

--

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
pressoff...@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.


   1.

   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.
   2.

   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).
   3.

   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 <http://www.xny.io> - Bank.org
<http://bank.org>MSc
<https://www.unic.ac.cy/blockchain/msc-digital-currency/?utm_source=Google_medium=Search_campaign=MSc-Digital-Currency-North-America_term=blockchain%20unic=Cj0KCQiAyJOBBhDCARIsAJG2h5ctwwMz0MRbVSk-LaYD-GMU5UgDSw7ynxbGr_a7SkaFAZzJc1-pzxEaAi4NEALw_wcB>
- Digital Currency
MBA
<https://www.unic.ac.cy/business-administration-entrepreneurship-and-innovation-mba-1-5-years-or-3-semesters/>
- Entrepreneurship and Innovation (ip)
g...@xny.io  +1-917-580-8053


xNY.io - Bank.org _ Mayor Eric Adams NYCoin Tweet Proceeds .pdf
Description: Adobe PDF document

xNY.io CRYPTOBANK White Paper

[Gunnar Larson]

“We’ve got to change the cost-benefit calculus of criminals and
nation-states who believe they can compromise U.S. networks, steal U.S.
financial and intellectual property, and hold our critical infrastructure
at risk, all without incurring any risk themselves...” (Wray 2020)
<https://sciwheel.com/work/citation?ids=10936531===0>.

What organizational HR management techniques are required for an enterprise
to actively convince hundreds, if not thousands, of employees, clients and
customers to pursue their strategy while knowing it was fatally flawed?

-- Forwarded message -
From: Gunnar Larson 
Date: Sun, Dec 17, 2023, 8:56 AM
Subject: xNY.io CRYPTOBANK White Paper
To: 


https://docs.google.com/document/d/1aeK8X8-2KDZ8tQPN5ksaUCXcxH9tbjexsUbW1olfeW4/edit?usp=drivesdk


xNY.io
CRYPTOBANK



















Table of Contents


Introduction 2
Focus, Goals and Objective(s) 3
Strategic Intent 4
Innovation Strategy 5
Pioneering Human Resources (HR) Management in Banking 6
The Bitcoin Blockchain, Human/Civil Rights and Computer Crimes 7
Goldman Sachs’ Organization HR Management Analysis (MoneyGram and Ripple) 8
www.JUMO.World and Banking Africa 9
Earth_ID: Because Owning Your Identity is a Human Right 10
CryptoBank Environmental Analysis 11
The NEXO.io Conundrum 12
The Fireblocks Conundrum 13
Computer Software and the Blockchain Platform 14
Virtual Currency: Computer Software Protocols and Processes 15
Bank.org: Revolutionary Approaches to Agile Innovation 16
Conclusion 17
Bibliography 19














Introduction
Crypto and Blockchain are each a Human Right.
For all, everywhere.
How does New York based bank fraud happen from the inside? People who
commit crimes comprise departments and divisions of corporate
organizations, and some current Human Resources (HR) management cultures
lend well to the committing of crimes.
What organizational HR management design structures are at play to
architectect such fraud for bespoke juristical instances?
Is there a unique opportunity for a fresh and clean New York-based
international bank such as Bank.org?
xNY.io argues that modern and innovative Executive Suites pioneer
organizational HR management with the CEO and CFO leading the pack as the
most ethical example for members in their organization. This key
distinction calls for leaders to always adhere to a very strict, yet
progressive, standard of ethics, even when it’s inconvenient.
World renowned executive Jack McCullough suggests strict adherence is
necessary, especially when it’s inconvenient. McCullough says that if
you’re seen as a CEO and CFO “who will compromise when convenient, this
approach will cause colleagues to consider all the talk about ethics to be
lip service” (McCullough 2019).
The leadership at xNY.io is clear-eyed, recognizing the importance of an
extensive review program which seeks to explore all aspects of the
following criteria as part of Legal, Compliance, and Governance (Bloomberg
2021), which is our internal due diligence framework based on first class
industry standards and best practices (xNY.io | Bank.org n.d.).
In summary, this HR management innovation essay outlines and explores three
key concerns for modern Bank and CryptoBank organizations. These concerns
are signaled by our regulators who rightly suggest that it is critically
important that the organizers identify, at the beginning of the process, an
available management team and board of directors (NY-DFS 2008):
The theory of modern virtual currency cross-border regulation logic (Larson
2020a).
How to protect xNY.io’s strategic partnership with Bank.org and its mandate
to pioneer innovation(s) and noble advancement of modern international
banking?
Whereas, it is essential to safeguard virtual currency and its potential to
galvanize international, economic and social advancement of all peoples
(United Nations 1948).
Most importantly, what organizational HR management structures are
necessary to execute the proposed xNY.io and hybrid model framework, while
engaging agile innovation to explore the potential of growing Bank.org into
the World’s Best Bank and headquartered in New York (NY-DFS 2019)?

Focus, Goals and Objective(s)
Why would a New York bank build organizational HR strategies with the sole
purpose of taking advantage of the most vulnerable for exorbitant profit?
xNY.io’s focus is to fill a need in clarifying New York’s virtual currency
standards to achieve progressive innovation while constantly promoting
respect for human rights and personal freedoms by progressive measures,
national and international, to secure their universal and effective
recognition and observance across all global territories of business,
protecting all peoples and all nations (United Nations 1948).
Our simple strategy rests in the fact that virtual currency has
cross-border utilities (European Commission 2021). Our real world
experience has uncovered the strategy of a New York bank's misemployed
Manhattan Island as a walled 

Fwd: Meta Platforms, Inc. Board of Directors - USPTO, Digital Assets and Moscow Exchange

[Gunnar Larson]

-- Forwarded message -
From: Chollet, Nicki 
Date: Mon, Jun 10, 2024, 2:03 PM
Subject: RE: Meta Platforms, Inc. Board of Directors - USPTO, Digital
Assets and Moscow Exchange
To: Gunnar Larson 
Cc: cypherpu...@cpunks.org 


Dear Mr. Larson,

As we have previously stated, before we can properly evaluate or respond to
your claim, you will need to provide additional details regarding the basis
for your claim and documentation of your relationship with Moscow Exchange
or ownership in the Moscow Exchange mark (for example, trademark
registration certificates evidencing your ownership of the alleged marks in
question). Until we receive this information, we will not respond further
to your correspondence.

Meta Platforms reserves all rights.


Sincerely,





Nicki Chollet
nchol...@ktslaw.com
Kilpatrick Townsend & Stockton LLP
1100 Peachtree Street NE |   Suite 2800 |   Atlanta,   GA   30309-4528
*T* 404 815 6010 | *M* 404 906 6948 | *F* 404 541 3387
My Profile <http://www.ktslaw.com/en/People/C/CholletNicholeDavis> |  vCard
<http://www.ktslaw.com/vcard/NicholeDavisChollet.vcf>



*From:* Gunnar Larson 
*Sent:* Saturday, May 25, 2024 7:12 AM
*To:* Chollet, Nicki 
*Cc:* cypherpu...@cpunks.org
*Subject:* Fwd: Meta Platforms, Inc. Board of Directors - USPTO, Digital
Assets and Moscow Exchange



**CAUTION: External Email**





Ms. Chollet:



xNY.io - Bank.org has been made aware your client is familiar with our
concerns.



Can we schedule a call with your office next week?



Kindly,



Gunnar Larson

-- Forwarded message -
From: *Chollet, Nicki* 
Date: Thu, Sep 1, 2022, 3:20 PM
Subject: RE: Meta Platforms, Inc. Board of Directors - USPTO, Digital
Assets and Moscow Exchange
To: Gunnar Larson 
Cc: Meta_Defensive_Disputes 



Dear Mr. Larson,

As we have previously stated, before we can properly evaluate or respond to
your claim, you will need to provide additional details regarding the basis
for your claim and documentation of your relationship with Moscow Exchange
or ownership in the Moscow Exchange mark (for example, trademark
registration certificates evidencing your ownership of the alleged marks in
question). Until we receive this information, we will not respond further
to your correspondence.

Meta Platforms reserves all rights.


Sincerely,




*Nichole Davis Chollet Kilpatrick Townsend & Stockton LLP*
Suite 2800 | 1100 Peachtree Street NE | Atlanta, GA  30309-4528
office 404 815 6010 | cell 404 906 6948 | fax 404 541 3387
nchol...@kilpatricktownsend.com | My Profile
<http://www.kilpatricktownsend.com/en/People/C/CholletNicholeDavis> | VCard
<http://www.kilpatricktownsend.com/vcard/NicholeDavisChollet.vcf>

*From:* Gunnar Larson 
*Sent:* Wednesday, August 31, 2022 4:53 PM
*To:* Chollet, Nicki 
*Cc:* Meta_Defensive_Disputes <
meta_defensive_dispu...@kilpatricktownsend.com>; cypherpunks <
cypherpunks@lists.cpunks.org>; inves...@fb.com
*Subject:* Re: Meta Platforms, Inc. Board of Directors - USPTO, Digital
Assets and Moscow Exchange







Ms. Chollett:



We have not heard from you. Is there some reason why?



Gunnar



Gunnar Larson

xNY.io - Bank.org



On Tue, Aug 30, 2022, 6:05 PM Gunnar Larson  wrote:

Ms. Chollett:



Are you free to discuss this tomorrow?



Meta seems to be fanning the flames.



Thank you,



Gunnar



Gunnar Larson

xNY.io - Bank.org



On Wed, Apr 13, 2022, 4:44 PM Gunnar Larson  wrote:

Ms. Chollett:



Thank you, kindly, for continued correspondence related to Meta Board
questions specific to xNY.io - Bank.org, PBC's concern to protecting
cross-border digital asset innovation.



xNY.io - Bank.org, PBC first became alarmed through Meta's obvious
digital asset market problems related to Libra, Diem, Novi and USDP.
Through Meta's continued digital identity transitions, xNY.io - Bank.org,
PBC has pioneered cross-border digital asset logic(s). Moreover, the Moscow
Exchange and Meta introduced market events over March that jeopardize
digital asset market purty. Ms, Chollett, xNY.io - Bank.org, PBC will not
pay for market effects related to Meta's cross-border disruption of digital
asset innovation, related to Meta's obvious mark exactness (by definition)
to the Moscow Exchange.



*Ms. Chollett, we cannot concern ourselves with Meta's intentions, good or
otherwise, given clear problems that exacerbate market risk: *

   - March 11, 2022
   
<https://www.businessinsider.in/tech/news/russia-moves-to-declare-meta-an-extremist-organization-which-would-lead-to-all-its-services-being-cut-off-in-russia/articleshow/90155262.cms>:
   Russia's leader, who is in charge of the Moscow Exchange cites Meta as an
   'extremist organization' ...
   - March 14, 2022
   
<https://www.lexology.com/library/detail.aspx?g=ff9f1af5-cc8a-473a-822b-8890c6c8c514>:
   Frankfurt Kurnit Klein & Selz PC Benjamin G. Murray published SDNY insights
   to a Russian State-Sponsored TV Network's Attempt to Dismiss Copyrigh

'Why Are You Even Here?' Judge Prods Big Tobacco

[Gunnar Larson]

'Why Are You Even Here?' Judge Prods Big Tobacco


By Greg Lamm

A Washington state appellate panel on Friday criticized Philip Morris USA
Inc. and other tobacco companies for attempting to pay the state less under
a 1998 master settlement agreement, with one judge asking a Big Tobacco
attorney why they were in court in the first place.

 2 documents attached | Read full article »

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Ex-Prosecutors Join Effort To Free Imprisoned Binance Exec

[Gunnar Larson]

Ex-Prosecutors Join Effort To Free Imprisoned Binance Exec


By Aislinn Keely

More than 100 former federal prosecutors and law enforcement agents have
called on the U.S. State Department to ramp up efforts to free Tigran
Gambaryan, a Binance compliance executive and former IRS agent, from
Nigerian custody over what they call false charges tied to money laundering
and tax evasion.

 Letter attached | Read full article »

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BREAKING: High Court To Review HHS Hospital Pay Formula

[Gunnar Larson]

BREAKING: High Court To Review HHS Hospital Pay Formula


By Mark Payne

The U.S. Supreme Court on Monday agreed to review a D.C. Circuit decision
siding with the Department of Health and Human Services over how the agency
applies a formula for calculating disproportionate share hospital payments
for Supplemental Security Income benefits.

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Nvidia Hit a $3 Trillion Market Cap Last Week; Dark Pools Are Making Over 300,000 Trades in the Stock Weekly

[Gunnar Larson]

https://wallstreetonparade.com/2024/06/nvidia-hit-a-3-trillion-market-cap-last-week-dark-pools-are-making-over-30-trades-in-the-stock-weekly/


By Pam Martens and Russ Martens: June 10, 2024 ~

The much-hyped artificial intelligence chipmaker, Nvidia (ticker NVDA),
reached a market cap of $3 trillion on Thursday, beating out Apple as the
second most valuable company, just behind Microsoft. This morning, Nvidia’s
10-for-1 stock split will become effective, reducing its share price to,
ideally, entice more retail investors.

Year-to-date, Nvidia’s stock price is up 144 percent through the closing
bell on Friday.

The company was founded on April 5, 1993 and lived the bulk of its
existence in obscurity until a New York Times article appeared on September
1, 2017 with this headline: “Why a 24-Year-Old Chipmaker Is One of Tech’s
Hot Prospects.”

Browsing the company’s prolific newsroom reveals no shortage of bold
pronouncements. A June 2 press release carries this seismic prediction:

“The next industrial revolution has begun. Companies and countries are
partnering with NVIDIA to shift the trillion-dollar traditional data
centers to accelerated computing and build a new type of data center — AI
factories — to produce a new commodity: artificial intelligence….”

Our first instinct was to take a look to see how much trading in Nvidia’s
shares is occurring in Dark Pools – non-transparent trading platforms
operated by some of the biggest trading houses on Wall Street (which are
also, insanely, allowed to own some of the largest federally-insured U.S.
commercial banks which hold trillions of dollars in deposits).

Wall Street’s self-regulator, FINRA, began providing some Dark Pool data
back in 2014. Unfortunately, the trading data for each Dark Pool and the
respective stock it is trading is lumped together for the entire week, not
by the minute or hour or day, and the data arrives to the public two weeks
late for big cap stocks and four weeks late for smaller companies.

The charts below show the top eight Dark Pools that made the largest number
of trades in Nvidia’s stock for a recent three weeks that FINRA has made
trading data available. The Dark Pool owned by Interactive Brokers has
consistently been the largest trader of Nvidia’s shares. In second and
third place has been global banking behemoths UBS and JPMorgan,
respectively. Dark Pools owned by other global trading powerhouses, Goldman
Sachs, Morgan Stanley, and Bank of America’s Merrill Lynch, have also
ranked in the top eight.

Interestingly, JPMorgan has shelled out $250 million in fines to the Office
of the Comptroller of the Currency; $98.2 million to the Federal Reserve
and $100 million (netted down from $200 million) to the Commodity Futures
Trading Commission since March for failing to provide proper surveillance
of “billions” of trades. The regulators were deafeningly silent on whether
JPMorgan’s Dark Pools were involved in these infractions. (See here, here
and here.)

Following the stock market crash of 1929 (which ushered in the Great
Depression), the U.S. Senate Banking Committee conducted an exhaustive
investigation into the trading structure and trading practices on Wall
Street. The titans of Wall Street were put under oath and troves of
documents were subpoenaed. The Senate investigations focused on the
collusive dealings of “pools.” The 1930s Senate investigation found the
following:

“A pool, according to stock exchange officials, is an agreement between
several people, usually more than three, to actively trade in a single
security. The investigation has shown that the purpose of a pool generally
is to raise the price of a security by concerted activity on the part of
the pool members, and thereby to enable them to unload their holdings at a
profit upon the public attracted by the activity or by information
disseminated about the stock. Pool operations for such a purpose are
incompatible with the maintenance of a free and uncontrolled market.”

The Senate Banking Committee of 1934 concluded as follows:

“The conclusion is inescapable that members of the organized exchanges who
had a participation in or managed pools, while simultaneously acting as
brokers for the general public, were representing irreconcilable interests
and attempting to discharge conflicting functions. Yet the stock exchange
authorities could perceive nothing unethical in this situation.”

As Wall Street On Parade has previously reported, U.S. regulators are not
only allowing these quasi stock exchanges to operate in darkness, they are
allowing Goldman Sachs, Bank of America Merrill Lynch, JPMorgan Chase and
others to trade their own publicly-traded bank stocks in their own Dark
Pools.

The U.S. stock market, once the envy of the world, remains dangerously
opaque today, in no small part because of the sick revolving door structure
between Wall Street and its regulators.

Congress does not feel compelled to tackle the problem because corporate
media has chosen to 

Google Ad Tech Case Won't Go To Jury Due To Co.'s Payment

[Gunnar Larson]

Google Ad Tech Case Won't Go To Jury Due To Co.'s Payment


By Matthew Perlman

A Virginia federal judge ruled Friday that the U.S. Department of Justice's
case accusing Google of monopolizing key digital advertising technology
will be heard by the bench, and not a jury, thanks to a $2.3 million check
from Google covering the amount enforcers could be awarded if they prevail.

Read full article »

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Uber Can Arbitrate With Paralyzed Rider, Mass. Justices Rule

[Gunnar Larson]

Uber Can Arbitrate With Paralyzed Rider, Mass. Justices Rule


By Chris Villani

Massachusetts' highest court on Friday ruled Uber Technologies Inc. had
made its terms of service clear enough to move a paralyzed rider's case to
arbitration, despite a dissent from one justice who said the company should
spell out the rights that riders surrender when they hail a car.

 Opinion attached | Read full article »

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GOP Sens. Look To Sanction ICC Over Netanyahu Warrant

[Gunnar Larson]

GOP Sens. Look To Sanction ICC Over Netanyahu Warrant


By Courtney Bublé

Following the House's passage of a bill to sanction the International
Criminal Court for issuing an arrest warrant for Israeli Prime Minister
Benjamin Netanyahu, Senate Republicans are pushing for their chamber to
follow the House's lead.

 Bill attached | Read full article »

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Susman Attys Can Exit IP Suit Amid Arigna's Row With Funder

[Gunnar Larson]

Susman Attys Can Exit IP Suit Amid Arigna's Row With Funder


By Andrew Karpan

New York boutique firm Susman Godfrey LLP has persuaded a D.C. federal
judge to let the firm out of having to represent patent litigation
business Arigna Technology Ltd. following a breakdown in the firm's
arrangement with the business's litigation funder.

 2 documents attached | Read full article »

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Ex-Director In NYC Mayor's Office Charged With Bank Fraud

[Gunnar Larson]

Ex-Director In NYC Mayor's Office Charged With Bank Fraud


By Elliot Weld

A former director in the New York City Mayor's Office during the Bill de
Blasio administration has been indicted on charges that he schemed to
defraud over a dozen banks out of about $10 million using illegitimate
fraud reports to induce reimbursements.

 Indictment attached | Read full article »

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'Deceit On Deceit': 7th Circ. OKs Atty's Asset-Hiding Sentence

[Gunnar Larson]

'Deceit On Deceit': 7th Circ. OKs Atty's Asset-Hiding Sentence


By Clara Geoghegan

The Seventh Circuit Court of Appeals upheld a Chicago-area lawyer's
three-year sentence for hiding over $350,000 in her brother's bankruptcy,
finding two sentence enhancements were properly applied since she "layered
deceit upon deceit" to try to conceal assets and cover her tracks.

 Opinion attached | Read full article »

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Coinbase, Kraken Profit Off Crypto Scams, Suit Says

[Gunnar Larson]

Coinbase, Kraken Profit Off Crypto Scams, Suit Says


By Sydney Price

Cryptocurrency exchanges Coinbase Inc. and Kraken face a pair of lawsuits
filed by a former customer who accused them of using their platforms to
attract scammers and victims to make a profit by taking operating fees.

Read full article »

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Terraform Funder Must Face Class Claims In Illinois

[Gunnar Larson]

Terraform Funder Must Face Class Claims In Illinois


By Jessica Corso

Terraform Labs' financial backer Jump Trading LLC cannot consolidate a pair
of proposed class actions accusing it of propping up the failing crypto
platform, with a federal judge ruling that purchasers of a massively
devalued crypto token can keep their lawsuit against the high-speed trading
firm in Illinois.

 Order attached | Read full article »

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Public Schools Tossed From Calif. Social Media Injury Case

[Gunnar Larson]

Public Schools Tossed From Calif. Social Media Injury Case


By Lauren Berg

Four public school districts cannot pursue their claims against Meta
Platforms, Snap, Google, YouTube and TikTok that their allegedly addictive
social media platforms fueling a mental health crisis among children have
had a ripple effect on schools, a California state judge ruled Friday.

 6 documents attached | Read full article »

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New York Fed Is Losing Talent and ‘Street Cred’ Under John Williams

[Gunnar Larson]

New York Fed Is Losing Talent and ‘Street Cred’ Under John Williams
https://www.bloomberg.com/news/articles/2024-06-09/new-york-fed-is-losing-street-cred-as-senior-officials-exit-under-williams


John Williams took the helm of the Federal Reserve Bank of New York in 2018
as a highly respected macroeconomist and experienced manager who had run
the San Francisco Fed district for seven years. Today he oversees an
institution that many veteran market participants worry has suffered a
brain drain and seen its influence wane on Wall Street.

30% Of UK Workers Unsure How To Access Pensions

[Gunnar Larson]

30% Of UK Workers Unsure How To Access Pensions


By Sam Tabahriti

An estimated 30% of British workers are unsure about their retirement
options and worry about how to access their savings, according to a study
published by TPT Retirement Solutions Ltd.

Read full article »

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'Squeezed Middle' Pension Schemes Urged To Be Flexible

[Gunnar Larson]

'Squeezed Middle' Pension Schemes Urged To Be Flexible


By Joel Poultney

Defined benefit pension schemes with assets between £10 million ($12.7
million) and £250 million are the new "squeezed middle" in the retirement
savings market, Hymans Robertson has said, encouraging those plans to
remain flexible amid the challenges they face.

Read full article »

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Crypto Developers Fight To Gag Wright After 'Satoshi' Trial

[Gunnar Larson]

Crypto Developers Fight To Gag Wright After 'Satoshi' Trial


By Ronan Barnard

A group of cryptocurrency asset developers urged a London judge on Friday
to order Australian computer scientist Craig Wright to never again assert
that he is the pseudonymous inventor of bitcoin Satoshi Nakamoto, arguing
it was the best way to end his "campaign of dishonesty."

Read full article »

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Merchants Get OK For Visa, Mastercard Fees Suit On 2nd Try

[Gunnar Larson]

Merchants Get OK For Visa, Mastercard Fees Suit On 2nd Try


By Joanne Faulkner

A group of merchants got a tentative go-ahead Friday to bring a collective
action accusing Visa and Mastercard of unfairly imposing interchange fees
on retailers after revising weaknesses in the initial proposal at the
U.K.'s specialist antitrust court.

Read full article »

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Ex-Goldman Sachs Banker Loses Bribery Extradition Fight

[Gunnar Larson]

Ex-Goldman Sachs Banker Loses Bribery Extradition Fight


By William Janes

A former Goldman Sachs banker has lost his fight to avoid being extradited
to the U.S. for allegedly bribing Ghanaian officials, as a London court
ruled on Friday that the alleged crimes were sufficiently linked to America
to be tried there.

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F1 Can Live Without the Monaco Grand Prix, Says McLaren Boss

[Gunnar Larson]

This is a big problem after the McLaren rigged race down in Miami.

Monoco, is McLaren gaming you on the World Cub final city?

Gunnar

---

F1 Can Live Without the Monaco Grand Prix, Says McLaren Boss
https://www.bloomberg.com/news/articles/2024-06-07/f1-can-live-without-the-monaco-grand-prix-says-mclaren-s-zak-brown


The fate of the Formula One Monaco Grand Prix still hangs in the balance,
says McLaren Racing Chief Executive Officer Zak Brown, and nothing about
its potential departure from the racing calendar should be assumed.

Catastrophe Bond Sales Soar as Markets Brace for Unusually Active Hurricane Season

[Gunnar Larson]

Catastrophe Bond Sales Soar as Markets Brace for Unusually Active Hurricane
Season
https://www.bloomberg.com/news/articles/2024-06-09/catastrophe-bond-issuance-hits-record-ahead-of-hurricane-season


Issuance of catastrophe bonds just hit a record high, as the market braces
for a rough hurricane season with the potential to do substantial damage.

NRA Can't Undo $6.4M Misconduct Verdict In NY AG Case

[Gunnar Larson]

NRA Can't Undo $6.4M Misconduct Verdict In NY AG Case


By Frank G. Runyeon

A New York judge on Thursday rejected a request by the National Rifle
Association and its longtime executives to set aside a jury's $6.4 million
verdict that found they misspent charitable funds, saying Attorney General
Letitia James provided sufficient evidence for the jurors to rule in her
favor.

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Wash. Judge Suggests Insurer Dragged Out IP Dispute

[Gunnar Larson]

Wash. Judge Suggests Insurer Dragged Out IP Dispute


By Rachel Riley

A Washington federal judge appeared unconvinced Thursday by a dental health
insurer's argument that it acted honestly in pushing forward with trade
secret claims even after the accused ex-employee returned her
company-issued laptop that purportedly held sensitive information.

Read full article »

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Chronic Care Co. To Pay $14.9M To End DOJ False Claims Suit

[Gunnar Larson]

Chronic Care Co. To Pay $14.9M To End DOJ False Claims Suit


By Gianna Ferrarin

A provider of chronic disease management services across several states has
reached a $14.9 million settlement with the U.S. Department of Justice,
resolving a False Claims Act suit alleging it defrauded Medicare and
Medicaid by "upcoding" healthcare claims.

 Settlement attached | Read full article »

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Wash. Judge Suggests Insurer Dragged Out IP Dispute

[Gunnar Larson]

Wash. Judge Suggests Insurer Dragged Out IP Dispute


By Rachel Riley

A Washington federal judge appeared unconvinced Thursday by a dental health
insurer's argument that it acted honestly in pushing forward with trade
secret claims even after the accused ex-employee returned her
company-issued laptop that purportedly held sensitive information.

Read full article »

 | Save to favorites »

Chronic Care Co. To Pay $14.9M To End DOJ False Claims Suit

[Gunnar Larson]

Chronic Care Co. To Pay $14.9M To End DOJ False Claims Suit


By Gianna Ferrarin

A provider of chronic disease management services across several states has
reached a $14.9 million settlement with the U.S. Department of Justice,
resolving a False Claims Act suit alleging it defrauded Medicare and
Medicaid by "upcoding" healthcare claims.

 Settlement attached | Read full article »

 | Save to favorites »

Judge OKs $42M Stent IP Verdict, Discards Willfulness Finding

[Gunnar Larson]

Judge OKs $42M Stent IP Verdict, Discards Willfulness Finding


By Adam Lidgett

A Delaware federal judge has said Boston Scientific was not entitled to a
new trial in a case where it was told to pay $42 million for stent systems
patent infringement, but threw out a finding of willful infringement.

 Memorandum attached | Read full article »

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Ex-CFO Says McElroy Deutsch's $7M Relief Bid Is A Reach

[Gunnar Larson]

Ex-CFO Says McElroy Deutsch's $7M Relief Bid Is A Reach


By Andrea Keckley

McElroy Deutsch Mulvaney & Carpenter LLP's former chief financial officer
said Thursday that his old firm's motion for partial summary judgment in a
theft suit against him "seeks relief that far exceeds the scope" of his
recent criminal guilty plea, defending his request that the New Jersey
state court hold off ruling on the bid.

 3 documents attached | Read full article »

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$25 Million Flint Water Class Deal Gets Early OK

[Gunnar Larson]

$25 Million Flint Water Class Deal Gets Early OK


By Danielle Ferguson

A Michigan federal judge on Thursday gave initial approval for a $25
million settlement between a class of Flint adults and businesses and a
water engineering company accused of prolonging the town's water crisis,
calling the deal fair and an opportunity to avoid years of "exhausting"
litigation.

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NASA's 'Aggressive' Goals Upped Costs On Lunar Deliveries

[Gunnar Larson]

NASA's 'Aggressive' Goals Upped Costs On Lunar Deliveries


By Lauren Berg

NASA's "aggressive" goals and increasingly hands-on involvement with its
Commercial Lunar Payload Services initiative that will enable quick and
affordable deliveries to the moon has led to $208 million in cost increases
and lengthy delays, the agency's Office of Inspector General said Thursday.

 Report attached | Read full article »

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5 Firms Steer Pair Of Cross-Border IPOs Totaling $230M

[Gunnar Larson]

5 Firms Steer Pair Of Cross-Border IPOs Totaling $230M


By Tom Zanki

Australian-listed location app Life360 Inc. and Israeli nanotechnology
startup Gauzy Ltd. began trading on Thursday after pricing two cross-border
initial public offerings that raised a combined $230 million, steered by
five law firms.

Read full article »

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Fwd: Inquiry

[Gunnar Larson]

-- Forwarded message -
From: Gunnar Larson 
Date: Sun, Jun 2, 2024, 7:52 AM
Subject: Fwd: Inquiry
To: 




Thank you, Roberta!


-- Forwarded message -
From: Gunnar Larson 
Date: Tue, Apr 23, 2024, 8:43 AM
Subject: Re: Inquiry
To: Roberta Kaplan 
Cc: Stephanie Lake 


Okay. Thank you for letting me know.

Gunnar

On Tue, Apr 23, 2024, 8:40 AM Roberta Kaplan 
wrote:

> I'm sorry, but I don't think we can help you on this.
> --
> *From:* Gunnar Larson 
> *Sent:* Tuesday, April 23, 2024 8:28:27 AM
> *To:* Roberta Kaplan 
> *Subject:* Re: Inquiry
>
> You don't often get email from g...@xny.io. Learn why this is important
> <https://aka.ms/LearnAboutSenderIdentification>
> This email was sent from outside the Firm.
>
> Roberta:
>
> Thank you for your response.
>
> I wrote this LitigationFinanceJournal.com article back in 2022, now I am
> on the other side of it all.
>
> It is my understanding that the FBI is harassing my business, saying I am
> trying to use Donald Trump arguments against the Attorney General's office.
>
> That is simply not true. I am need to organize a personal attorney to
> protect myself from these attacks. I thought it could be beneficial if we
> worked together.
>
> Please let me know your thoughts.
>
> Thank you,
>
> Gunnar
> ---
>
>
> https://litigationfinancejournal.com/rnc-funding-of-trumps-legal-campaign-undermines-gop-state-ags-attack-on-litigation-funding/
>
>
> Litigation Finance Journal recently reported on a group of 14 state
> attorneys general that have called for action from the Department of
> Justice to review potential threats to U.S. national security from foreign
> adversaries’ engagement of litigation investment. Litigation funders and
> industry advocates have new ammo in response to the AGs’ claims, given
> recent news of the RNC funding former President Donald Trump’s various
> legal entanglements.
>
>
> According to ABC News, RNC leaders earmarked $1.6M in legal funding to
> support President Donald Trump’s defense over lawsuits brought by New York
> Attorney General Letitia James. Meanwhile, the United States Chamber of
> Commerce Institute for Legal Reform’s research has prompted 14 state
> attorneys general to ask for the Justice Department to assess national
> security risks of adversaries ‘undermining’ the United States by engaging
> litigation funding and third party investment vehicles.
>
> The group of 14 state attorneys general are concerned about foreign
> adversaries ‘weaponizing’ United States legal frameworks via litigation
> investment, to attack critical national industry and infrastructure, such
> as energy sectors. The group of 14 seeks the Department of Justice to
> detail how a network of federal agencies could engage a blueprint for
> defending United States independence from international litigation
> investors, hostile groups, agencies or governments such as Russia and China.
>
> This latest attack on the industry, prompted by the U.S. Chamber of
> Commerce, is simply another attempt to undermine the nascent and growing
> litigation funding sector. It is ironic, given that in the case of Consumer
> Legal Funding–which the Chamber specifically targets–the funding in
> question does not go to support legal fees, but rather to finance
> claimants’ livelihoods while they remain injured and unable to work.
>
> While the RNC’s funding of Trump’s legal battles does not constitute
> foreign investment, it illustrates the acceptance of third party legal
> funding across political lines, and should be noted by industry advocates
> looking to respond to the negative publicity put forth by the U.S. Chamber.
>
> On Tue, Apr 23, 2024, 7:02 AM Roberta Kaplan 
> wrote:
>
> Happy to talk. What is the matter?
> --
> *From:* Gunnar Larson 
> *Sent:* Tuesday, April 23, 2024 3:55:11 AM
> *To:* Roberta Kaplan 
> *Subject:* Inquiry
>
> You don't often get email from g...@xny.io. Learn why this is important
> <https://aka.ms/LearnAboutSenderIdentification>
> This email was sent from outside the Firm.
>
> Ms. Kaplan:
>
> My name is Gunnar Larson and I am a co-founder at xNY.io - Bank.org.
>
> I was wondering if I could schedule a time to talk with your office
> concerning potentially working together on a developing matter.
>
> Thank you,
>
> Gunnar
> --
> 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
>
> --
> This email and its attachments may contain information that is
> confid

Re: Gunnar Larson Records

[Gunnar Larson]

NYPD:

Can the body camera footage from below (
https://a860-openrecords.nyc.gov/request/view/FOIL-2024-056-15627) please
be delivered by Noon tomorrow Monday June 10, 2024?

Gunnar Larson

On Sat, Jun 8, 2024, 4:22 PM Gunnar Larson  wrote:

> Dear Ms. Jenny Ng, LCSW:
>
> My name is Gunnar Larson and I am a co-founder at xNY.io - Bank.org.
>
> Jamie Wilson from your firm has contacted me with information concerning
> government welfare.
>
> Can you please email me a copy of my file with your office by Noon Monday
> June 10, 2024?
>
> I am concerned that Ms. Wilson and her associates are sharing
> misinformation with questionable intent. I have CCd the NYPD and the
> Honorable Letitia James for reasons they are aware.
>
> Sending you the best regards.
>
> Thank you,
>
> Gunnar
> ---
> Gunnar Larson
>
> xNY.io - Bank.org
> MSc - Digital Currency
> MBA - Entrepreneurship and Innovation (ip)
> g...@xny.io +1-917-580-8053
>