Attorney General James Seeks Court Order Immediately Halting Continued Fraud by Illegal Virtual Currency Trading Platform

 

Coinseed Has Continued to Put Thousands of Investors’ Money at Risk Despite Ongoing Lawsuit

 New York Attorney General Letitia James has taken legal action to immediately halt the continued illegal and fraudulent operations of the cryptocurrency trading platform Coinseed, Inc. In February, Attorney General James filed a lawsuit against Coinseed and its two top executives — including founder and Chief Executive Officer Delgerdalai Davaasambuu — but, since that time, Coinseed and its CEO have continued their fraud and the Office of the Attorney General (OAG) has learned of new fraudulent conduct. Late yesterday, Attorney General James filed a motion asking the court for a temporary restraining order, a preliminary injunction, and the appointment of a receiver to immediately block Coinseed and its CEO from making any further unauthorized trades and safeguarding investors’ monies.

“Unregulated and fraudulent virtual currency trading platforms have no place in New York, said Attorney General James. “Three months ago, we filed this case against Coinseed and its executives alleging that they violated New York state laws and illegally squandered investors’ monies. However, in the months since we filed our suit, the greed perpetrated by Coinseed and its CEO has not only continued, but grown. This company has continued to operate illegally — holding investors’ funds hostage and conducting unauthorized trades in investors’ portfolios, while depleting accounts and transferring virtual currency to an offshore, unregulated trading platform. We filed this motion to immediately halt Coinseed’s unlawful activity and protect the investments that are left.”

In the nearly three months since Attorney General James filed her lawsuit, her office has received over 130 complaints from investors who are concerned about protecting their assets due to Coinseed’s fraudulent conduct. 

Yesterday’s motion asks the court to issue a temporary restraining order and a preliminary injunction, as well as to appoint a receiver to oversee all assets in an effort to safeguard investments as Attorney General James’ lawsuit proceeds. 

Governor Cuomo Updates New Yorkers on State's Progress During Covid-19 Pandemic - MAY 8, 2021

 

Statewide 7-Day Average Positivity Rate Drops Below 1.5%—Lowest Since October 28

Hospitalizations Drop to 2,178—Lowest Since November 16; Down 551 Over Past Week

ICU Patients Drop to 544—Lowest Since November 21

Intubations Drop to 344—Lowest Since November 29

Statewide Positivity Rate is 1.29%

32 COVID-19 Deaths in New York State Yesterday

 Governor Andrew M. Cuomo today updated New Yorkers on the state's progress during the ongoing COVID-19 pandemic.

"New Yorkers have been tough and resilient throughout this entire pandemic, and this attitude has helped to drive our state's COVID-19 numbers down," Governor Cuomo said. "Even with this tremendous progress in our numbers, we still need everyone to continue practicing safe behaviors like wearing masks and social distancing to slow the spread. And most importantly, we need every single New Yorker to get vaccinated so we can defeat COVID once and for all and begin our return to a new normal." 

Today's data is summarized briefly below:

• Test Results Reported - 248,572
• Total Positive - 3,195
• Percent Positive - 1.29%
• 7-Day Average Percent Positive - 1.47%
• Patient Hospitalization - 2,178 (-86)
• Net Change Patient Hospitalization Past Week - -551
• Patients Newly Admitted - 250
• Number ICU - 544 (-27)
• Number ICU with Intubation - 344 (-10)
• Total Discharges - 177,944 (+279)
• Deaths - 32
• Total Deaths - 42,244

239 Days and Counting, It's the Mayor's Birthday

 

Happy Birthday to me Mayor Bill de Blasio. That's where I want to go after I leave office, command the Starship Enterprise. My First Officer Kathryn Garcia is with me, she took command in any role I gave her. No this is not an endorsement of her, but where did the seven and a half years as your mayor go. Ruben can you beam me up to the Bronx Ball this year?

This is a photo from an empty Kingsbridge Armory, when it was turned into a food distribution center, with Commissioner Kathryn Garcia in charge of the task. It now looks like Mayor de Blasio needs some help. Someone call THRIVE NYC.

Assemblymember Nathalia Fernandez - Small Business Commercial Lease Legal Workshop

 

Hello: We would like to invite you all to join our “Small Business  Commercial Lease Legal Workshop” with Assemblywoman  Nathalia Fernandez and Brooklyn Legal Service Corporation A. We will be unpacking the legalities of commercial leases, provide  resoruces small businesses have towards their landlords, & more! The event will be held on Tuesday, May 11th,  from 6:00 - 7:30pm VIA Zoom.  Register with this link: http://bit.ly/SBCLworkshop Best Regards, New York State Assemblywoman Nathalia Fernandez

Attachments area

Governor Cuomo Updates New Yorkers on State's Progress During COVID-19 Pandemic - May 7, 2021

 

Statewide Positivity Rate Drops to 1.22%—Lowest Since October 22

Statewide 7-Day Average Positivity Rate Drops to 1.53%—Lowest Since October 30; 32 Straight Days of Decline

Hospitalizations Drop to 2,264—Lowest Since November 17; Down 573 Over Past Week

ICU Patients Drop to 571—Lowest Since November 23

Intubations Drop to 354—Lowest Since November 30

25 COVID-19 Deaths in New York State Yesterday

 Governor Andrew M. Cuomo today updated New Yorkers on the state's progress during the ongoing COVID-19 pandemic.

"As the COVID-19 numbers improve and more residents get vaccinated, we're reopening our economy and getting New Yorkers back to work," Governor Cuomo said. "Our progress is a function of what New Yorkers do to slow the spread, so washing hands, wearing masks and social distancing remain important behaviors each of us can practice to keep everyone safe. We're also continuing to focus on making the vaccine more accessible, and that means expanding walk-ins and opening new pop-up sites to reach specific populations that have lower vaccination rates. New Yorkers have labored for a long time to get to the light at the end of the tunnel, and we need everyone to stay vigilant and keep working together so we can finally defeat this COVID beast for good."

Today's data is summarized briefly below: 

• Test Results Reported - 194,988
• Total Positive - 2,370
• Percent Positive - 1.22%
• 7-Day Average Percent Positive - 1.53%
• Patient Hospitalization - 2,264 (-71)
• Net Change Patient Hospitalization Past Week - -573
• Patients Newly Admitted - 287
• Number ICU - 571 (-34)
• Number ICU with Intubation - 354 (-17)
• Total Discharges - 177,665 (309)
• Deaths - 25
• Total Deaths - 42,211

Inefficiency at Police Headquarters and the Mayor's Press Office

 

Inefficiency at Police Headquarters and the Mayor's Press Office

By Robert Press

It's not every day, since the nearby stable was demolished to build an apartment building, that one can see mounted NYPD officers on Williamsbridge Road waiting for the traffic light at Pelham Parkway. The photo was taken on Thursday at 11 AM, and a simple call to the police department would answer a question of where did the mounted officers come from. It however is not that simple. A call to the office of the Deputy Commissioner of Public Information, which members of the media must call, was answered that they did not know anything about that. 

It appears that the mounted police unit comes out of the Special Operations of the Police Department. Mounted Unit officers are normally assigned to patrol duties, but also play an important public relations role in police and community relations. The Mounted Unit is an effective crime deterrent and often is used for crowd control at demonstrations, protests, concerts, sporting events, and parades throughout the city.

A call Friday morning to the DCPI unit had the same answer: No answer. A call to the Mayor's Press department led to a recording which was of no help. The press unit must have taken Friday off as the mayor has done. If the mayor took the day off we might as well also. 

A closeup of one of the mounted police officers, showing his patch New York Police Department City of New York. Where did these mounted officers come from, 

UPDATE: These Mounted Police Officers are out of the Pelham Bay Park Stables.

NYPD Announces Citywide Crime Statistics for April 2021 - Overall index crime in New York City rose 30.4% compared with April 2020,

 

For the month of April 2021, overall index crime in New York City rose 30.4% compared with April 2020, driven by a 66% increase in grand larceny (2,659 v. 1,601) and a 35.6% increase in felony assault (1,630 v. 1,202). Robbery saw a 28.6% increase compared to April 2020 (885 v. 688), and shooting incidents increased to 149 v. 56 in April 2020 (+166.1%). Burglary was the only index crime to post a reduction – down 26% (855 v. 1,155) in April 2021, compared to the previous year.

As the number of shooting incidents has climbed, so have the number of gun arrests made by NYPD officers. For the month of April 2021, there were 223 gun arrests citywide. This is an increase of 3.7% compared to April 2020, or + 8 arrests. As the court system returns to its usual operations, the NYPD will be working closely with its prosecutorial partners to bring a number of long-term investigations focused on the drivers of violence to a successful conclusion. Additionally, targeted patrols working in coordination with field intelligence officers and informed by ShotSpotter technology are all part of a larger effort to combat gun violence and its effects on victims.

“The NYPD is relentless in its mission to maintain public safety for all New Yorkers,” said Police Commissioner Dermot Shea. “The selfless work our officers carry out – day after day, night after night – is one important part of the entire criminal justice system’s process, a process where all pieces must work together to be wholly effective.”

Statistics on Index Crimes

	April 2021	April 2020	+/-	%	YTD 2021	YTD 2020	+/-	%
Murder	44	38	+6	+15.8%	132	+112	+20	+17.9%
Rape	110	72	+38	+52.8%	444	+440	+4	+0.9%
Robbery	885	688	+197	+28.6%	3484	4155	-671	-16.1%
Fel. Assault	1630	1202	+428	+35.6%	6179	5963	+216	+3.6%
Burglary	855	1155	-300	-26.0%	3699	4336	-637	-14.7%
Grand Larceny	2659	1601	1058	66.1%	10168	11683	-1515	-13.0%
G.L.A.	749	-558	191	-34.2%	2566	2107	459	21.8%
TOTAL	6932	5314	+1618	+30.4%	26672	28796	-2124	-7.4%

240 Days and Counting

 

Thank God its Friday. I cut out my Friday morning briefing so I don't have to answer those reporter questions that I try to push off to my commissioners. I get a three day weekend, Charlene where are we going this weekend?