Mayor Eric Adams NYCCoin Touting

[Gunnar Larson]

On Fri, Mar 10, 2023, 4:00 PM Gunnar Larson <g at xny.io> wrote:

> Please find the attached memo with reference footnotes.
>
> --
>
> March 10, 2023
>
> BY ELECTRONIC MAIL
>
> Ms. Camille Joseph Varlack
> Office of the Mayor of New York City
> City Hall Park, 260 Broadway
> New York, NY 10007 United States
> PressOffice at 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&utm_medium=Search&utm_campaign=MSc-Digital-Currency-North-America&utm_term=blockchain%20unic&gclid=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 at xNY.io  +1-917-580-8053
>
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