Rumors are that when Adams announced that he was going to get his first checks in Bitcoin, it was a singal for the banks holding pension assets to sell
https://www.nyc.gov/office-of-the-mayor/news/041-22/mayor-adams-receive-first-paycheck-cryptocurrency# : What's strange is the City used Coinbase to make the transaction, while the platform was under investigation for things like sex trafficking. https://www.reuters.com/legal/government/crypto-exchanges-enabled-online-child-sex-abuse-profiteer-2022-11-23/ The strange part with all of this is that the teachers pension find lost the most; we tried to let the SEC know. ---------- Forwarded message --------- From: <nore...@its.ny.gov> Date: Sun, Nov 19, 2023, 3:08 PM Subject: FOIL Request Confirmation from Open FOIL NY To: <g...@xny.io> Thank you for submitting your FOIL request through Open FOIL NY. Here is your Open FOIL NY confirmation information for future reference: LARSON_DFS_20231119150834292 LARSON_DHR_20231119150834292 LARSON_DOB_20231119150834292 *INFORMATION SUBMITTED:* *Records Requested From* Department of Financial Services Division of Human Rights Division of the Budget *Short Title* 2022 New York City Pension/Investment Management Asset Performance *Description* While surveying 2022 New York City Pension/Investment Management Asset Performance, xNY.io - Bank.org noticed an overall negative return for the five systems referenced here: https://comptroller.nyc.gov/services/financial-matters/pension/asset-performance/. xNY.io - Bank.org seeks access to any and all records explaing 2022 New York City Pension/Investment Management Asset Performance as a loss for all five funds. Comprehensively, the mechanisms for garnering public equity are easily understood and easy to execute. An advantage for public equity is its liquidity as most publicly traded stocks are available and easily traded daily through public market exchanges. Related to New York City Pension/Investment Management Asset Performance, public equity investments do not include individual stocks under "asset type" and "asset name." xNY.io - Bank.org would like to receive record if the five systems owned PayPal (PYPL) as an individual investment as part of fund investment across the systems between FY 2020 and 2022. Additionally, xNY.io - Bank.org seeks trading history ststements of PYPL across the five systems between FY 2020 and 2022. -- 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 *Uploaded Files* *FOIL Response Format* Email *If fees apply, please contact me if costs will be greater than* $10000 Your FOIL request has been forwarded to the organization(s) you selected, and the respective Records Access Officer will contact you directly for further processing of your request. Please allow up to five business days for such communication(s). For your convenience, here is additional contact information: Department of Financial Services One State Street 20th Floor New York, NY 10004 Division of Human Rights One Fordham Plaza 4th Floor New York, NY 10458 Division of the Budget State Capitol Room 128 Albany, NY 12224