February 2024 - cypherpunks@lists.ogf.org

NY AG Tells Firm To Stop Misleading Uber, Lyft Drivers
by Gunnar Larson 20 Feb '24

20 Feb '24

NY AG Tells Firm To Stop Misleading Uber, Lyft Drivers <https://www.law360.com/legalethics/articles/1803904?nl_pk=153d4a8a-6fb9-4a5…> By Emily Sawicki New York Attorney General Letitia James' office put a New York City law firm on notice Friday, warning in a cease-and-desist letter that the firm must immediately stop proffering unnecessary legal services to "help" Uber and Lyft drivers secure funds, for a fee, stemming from a November New York Labor Law settlement. Letter attached | Read full article » <https://www.law360.com/legalethics/articles/1803904?nl_pk=153d4a8a-6fb9-4a5…> | Save to favorites » <https://www.law360.com/legalethics/articles/1803904?nl_pk=153d4a8a-6fb9-4a5…>

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Quinn Emanuel Can't Collect On LA County's $280K Legal Bill
by Gunnar Larson 20 Feb '24

20 Feb '24

Quinn Emanuel Can't Collect On LA County's $280K Legal Bill <https://www.law360.com/legalethics/articles/1804086?nl_pk=153d4a8a-6fb9-4a5…> By Craig Clough A Los Angeles judge on Friday dismissed Quinn Emanuel Urquhart & Sullivan LLP's lawsuit seeking to collect more than $280,000 in legal bills from Los Angeles County, saying the claims should have been filed in a counter-suit after the defendants sued the firm several years ago. Read full article » <https://www.law360.com/legalethics/articles/1804086?nl_pk=153d4a8a-6fb9-4a5…> | Save to favorites » <https://www.law360.com/legalethics/articles/1804086?nl_pk=153d4a8a-6fb9-4a5…>

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Wachtell Lipton Guides Capital One On $35.3B Discover Deal
by Gunnar Larson 20 Feb '24

20 Feb '24

Wachtell Lipton Guides Capital One On $35.3B Discover Deal <https://www.law360.com/capitalmarkets/articles/1804290?nl_pk=abe82add-2a33-…> By Al Barbarino Wachtell Lipton-advised Capital One said Monday it has agreed to acquire Discover Financial Services, guided by Sullivan & Cromwell, in a $35.3 billion all-stock deal that Capital One said will give it the ability to compete with the nation's top three credit card networks. Read full article » <https://www.law360.com/capitalmarkets/articles/1804290?nl_pk=abe82add-2a33-…> | Save to favorites » <https://www.law360.com/capitalmarkets/articles/1804290?nl_pk=abe82add-2a33-…>

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FBI, UK Crime Agency Say They Have Disrupted LockBit Gang
by Gunnar Larson 20 Feb '24

20 Feb '24

FBI, UK Crime Agency Say They Have Disrupted LockBit Gang https://www.bloomberg.com/news/articles/2024-02-19/fbi-uk-crime-agency-say-… A coalition of international law enforcement agencies, including the FBI and UK National Crime Agency, said they have disrupted LockBit, one of the most prolific hacker groups of all time, including shutting down websites the organization used for ransomware payments.

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New York Mayor urges state to abandon ‘stifling’ BitLicense scheme
by Gunnar Larson 19 Feb '24

19 Feb '24

https://cointelegraph.com/news/new-york-mayor-urges-state-to-abandon-stifli… New York Mayor urges state to abandon ‘stifling’ BitLicense scheme “We have to continue to be competitive,” the mayor said in a keynote interview at a London crypto conference, where he suggested scrapping the states’ BitLicensing requirement New York City Mayor Eric Adams has hit out at his state’s BitLicensing regime, claiming that it stifles innovation and economic growth. In a closing keynote interview at the Crypto and Digital Assets Summit in London on Wednesday, Adams suggested his state legislature counterparts in Albany “listen to those who are in the industry” adding: “It’s about thinking not only outside the box, but on this one, we may have to destroy the box.” Adams is a crypto advocate who ran for mayor, planning to turn New York City into the “center of the cryptocurrency industry,” and took his first three paychecks in Bitcoin (BTC). In the interview, he said cryptocurrencies and blockchain technology are the “next chapters in the future,” and the opportunity shouldn’t be squandered. “New York State is the only state to require a license for crypto companies. That’s a high barrier, and it just makes us less competitive. We have to continue to be competitive.” Since 2015, any “virtual currency business” wishing to offer services within New York requires a BitLicense to do so. According to the New York State Department of Financial Services (DFS), the license ensures that its residents have a “well-regulated way to access the virtual currency marketplace” and that the state remains at the “center of technological innovation and forward-looking regulation.” Many crypto firms moved from New York when the license was introduced, and a recent call to remove regulatory barriers and ease restrictions focuses on the license, which costs $5,000 in application fees along with unclear capital requirements set by the DFS. Related: What can Eric Adams do? The limits of turning New York City into a crypto hub In the state capital of Albany, lawmakers take an altogether stricter regulatory approach to the cryptocurrency industry than Adams would. On Tuesday, the New York State Assembly passed a bill to the Senate which would place a two-year ban on all new proof-of-work (PoW) cryptocurrency mining facilities using carbon energy. On April 9, Governor Kathy Hochul signed into law a requirement that BitLicensed firms must pay assessment fees to cover the cost of regulatory operating expenses incurred by the DFS, placing possibly tens of thousands of dollars a year extra in fees on firms. “It is imperative that we work with the state lawmakers and regulators,” Adams said “I’m really happy to see Governor Hochul is leaning into this industry as we examine what are the bureaucratic issues that we need to look at.”

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Law Society of Scotland on Post Office Scandal Litigation - Litigation Finance Journal
by Gunnar Larson 19 Feb '24

19 Feb '24

Check out my recent article: https://litigationfinancejournal.com/law-society-of-scotland-on-post-office… The Law Society of Scotland shares a new debrief of the Post Office scandal. The story goes: When the Horizon computer system found over 736 sub-postmasters were allegedly grifting from the United Kingdom’s postal budgets, they were summarily punished. However, Horizon’s back office capabilities were later found to contain bugs and other system defects that allegedly found workers at fault by mistake. Enter litigation funding, a utility that many of the former post office workers found necessary to clear their name. According to the Law Society of Scotland, February of 2022 saw the initiation of a public debate and investigation on the totality of the Post Office scandal’s effects. The whole affair is being dubbed an extreme case of United Kingdom justice malfeasance. Furthermore, the Law Society explains that about 10% of the 736 criminal records have been overturned. A class of 555 claimants have won restitution, totaling £20,000 each. Click here to read more about the Law Society of Scotland’s take on the Post Office Scandal.

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And so as Julio's C-punks rot down Forbes c-punks lurch up
by pro2rat＠yahoo.com.au 19 Feb '24

19 Feb '24

https://herbertrsim.com/tag/cypherpunk/page/2/ Reposts not carpetbagger cockroaches posing as freedom fighters

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BitLicense Honesty Video
by Gunnar Larson 19 Feb '24

19 Feb '24

BitLicense Honesty Video: https://www.instagram.com/reel/C0wn9TctRNs/?igsh=NW5ndTgydjM5ZWNq

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Dolly's Business Empire
by Gunnar Larson 19 Feb '24

19 Feb '24

Dolly's Business Empire: https://www.instagram.com/reel/C3f7sgXBgGY/?igsh=YXZ2cG5hZmNlZ24x

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Trump Hawks Gold, Self-Branded $399 Sneaker as Legal Fees Mount
by Gunnar Larson 19 Feb '24

19 Feb '24

Did you know the Chairperson of PayPal is Mr. Dunahoe, who is also running a clothing store in Beaverton, OR: https://www.linkedin.com/in/john-donahoe-8b591452?utm_source=share&utm_camp… This is a very big problem for us, because of the former FTX Stadium in Miami! FTX was branded the largest fraud in history and we went to AG James many times... I think she may have heard aim to punch a hole right through Dunahoe's Beaverton operations because we cannot get the NBA people upset again with FTX Stadium type stuff. We went to FINCEN and Treasury too... --- Trump Hawks Gold, Self-Branded $399 Sneaker as Legal Fees Mount https://www.bloomberg.com/news/articles/2024-02-18/trump-hawks-gold-self-br… Donald Trump is marketing a self-branded $399 metallic gold high-top sneaker after being ordered by a New York judge to pay $364 million for lying about his wealth.

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