Category: Banking

The UK Financial Conduct Authority participates in the policy of the U.S. Department of Treasury

Look at the roof of the building on the left associated with the UK Financial Conduct Authority in their latest annual report

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1092422/FCA_Annual_Report___Accounts_2021_22.pdf#page=24

https://www.gov.uk/government/organisations/financial-conduct-authority

https://www.fca.org.uk/

https://en.wikipedia.org/wiki/Financial_Conduct_Authority

Is that a pile of sh*t on their roof, or what?

INTERLOCKING FINANCIAL RELATIONSHIPS THAT SELL OUT AMERICA TO BRITAIN DAILY

Here is the U.S. Treasury Policy Committee that sells out America to the British Pilgrim pagans (Babylonian Radhanite DEMONS OF USURY) on a daily basis

Beth Hammack, chair. (Accessed Nov. 14, 2022). Treasury Borrowing Advisory Committee (TBAC) Members. U.S. Dept. of the Treasury. Source: https://home.treasury.gov/policy-issues/financing-the-government/quarterly-refunding/treasury-borrowing-advisory-committee-tbac/treasury-borrowing-advisory-committee-member

Mark Malloch-Brown and Control of Global Banking with Temenos

British Pilgrims Society principal, Baron Mark Malloch-Brown, is the poster child for the global corporate shell game.

Malloch-Brown has consolidated over 500 (est.) UK-controlling subsidiary holdings under his Investec PLC umbrella. On Feb. 23, 2018 Malloch-Brown resigned as a longtime director at the same time that his Investec turned on a dime and implement Temenos as its sole banking service provider worldwide. Magically, they did it in 4 months (impossible unless it was already implemented). Such conversions normally take years to accomplish, not a few months!

https://americans4innovation.blogspot.com/2018/07/part-ii-lord-mark-malloch-brown.html

https://charlierose.com/videos/19104

Temenos has operations across China, thus opening the Investec (already)-interlocking relationships to the Chinese globally. Prior to that Investec, through subsidiaries, was already supplying Chinese banks with their enterprise software.

https://www.featuredcustomers.com/vendor/temenos/customers

Investec PLC

HSBC

Credit Suisse

Bank of Shanghai

Bank of Ireland

After twenty years of licensing its own banking software developed in the UK, Investec suddenly shifted its entire customer software offering to TEMENOS AG software that is notoriously known to use IBM infrastructure and AWS “cloud” servers. AWS also handles all financial reporting for UK Companies House. (Note: IBM notoriously stole the software for the invention of social networking from Columbus, Ohio innovator Leader Technologies, Inc.). Therefore, this entire Temenos ecosystem is a FRAUD.

https://www.temenos.com/

https://www.temenos.com/us/community/success-stories/investec/

Rothschild is Temenos’ exclusive financial advisor.

https://www.temenos.com/us/news/2017/02/14/temenos-announces-proposal-to-acquire-rubik/

https://www.appsruntheworld.com/customers-database/customers/view/edmond-de-rothschild-switzerland

Temenos Software Shanghai Co. Limited

Credit Suisse picks Temenos

https://www.temenos.com/us/community/success-stories/credit-suisse/

UBS picks Temenos

Bank of Shanghai picks Temenos

https://www.temenos.com/us/community/success-stories/bank-of-shanghai-2/

Barclays picks Temenos

Through the partnership, Temenos will make its cloud-native core banking solution available on the Huawei Public Cloud.

Coinbase is buried in British Pilgrims slime

Coinbase is an incestuous, interlocked association of directors and investors of the British Pilgrims Society and its American Silicon Valley and Wall Street sycophants

It is buried in British Pilgrims Society slime.

Coinbase went public on Mar. 23, 2021. This information is obtained from their S-1/A public offering disclosure at the SEC.

Coinbase Global, Inc. (COIN) (Mar. 23, 2021). S-1/A Public Offering Disclosure, No. 333-253482, EIN 46-4707224. SEC Edgar.

Fenwick & West LLP was the corporate securities lawyer. Fenwick was a Leader Technologies attorney working with James P. Chandler III when Chandler and Fenwick provided Leader’s invention of social networking to IBM Eclipse Foundation.

Satoshi Nakamoto, the mythical inventor of Bitcoin, is listed on the tombstone first page. This offering reinforced the false, fraudulent propaganda narrative.

Goldman Sachs, J.P. Morgan [Rothschild], Allen & Co., and Citigroup (British Pilgrims Society members) are the interlocked underwriters. These interlocked banks also funded Google, Facebook, Twitter, Time Warner, LinkedIn, Microsoft, Walmart, Yahoo!, Columbia Pictures, Bill Gates, Warren Buffet, Rupert Murdoch, Barry Diller, Michael Eisner, Oprah Winfrey, Andy Grove, etc.

Directors and Officers are a massively interlocked group of British Pilgrims Society sycophants. Facebook principals and their interlocked financiers represent a central controlling group:

Brian Armstrong, CEO. Deloitte & Touche, ResearchHub

Surojit Chatterjee, Chief Product Officer. Google, Symantec, Indian Institute, MIT

Emilie Choi. LinkedIn, Microsoft, Warner Bros., Naspers, ZipRecruiter, Johns Hopkins, Wharton

Paul Grewal, Chief Legal Officer. Facebook, Howrey LLP, Federal Circuit, Epiq, MIT, Chicago Law

Alesia J. Haas. Sculptor Capital, Och Ziff Capital, OneWest Bank, CIT Group, ANGI, Sears

Marc L. Andreessen (also Director). Facebook, Andreessen Horowitz, Loudcloud, HP, AOL, Netscape, eBay, UnivofIllinois

Frederick Ernest Ehrsam III (also Director). Paradigm, Goldman Sachs, Duke

Kathryn Haun (also Director). Andreessen Horowitz, Stanford Law, CFR, Sidley Austin LLP, DoJ

Kelley A. Kramer (also Director). Cisco, GE Healthcare, Gilead, Snowflake, Purdue

Gokul Rajaram (also Director). DoorDash, Square, Facebook

Fred Wilson (also Director). Union Square Ventures, Flatiron Partners, Etsy, MIT, Wharton

Beneficial investors. Officers and over 5% shares.

The institutional investors are:

Andreessen Horowitz interlocked with 45 companies including Facebook, Groupon, Twitter, Zynga, Foursquare, Oclulus VR, BuzzFeed, Square, Larry Summers

Paradigm Fund Cypto $2.5 billion fund, including locations in the British Grand Cayman Islands

Ribbit Capital … “to change money” Officers and directors

Denise Gilbert, Yahoo

Nick Shalek, Sutter, Yale

Meyer “Micky” Malka, Bitcoin Fndn, Banco Bracce

Nikolay Kostov, Morgan Stanley, Oxford University

Rebekah Murphy, pretty face in the office

Tessa Savakus, Abercrombie & Fitch, UC Berkeley

Cindy McAdam, Postini/Google, Fenwick & West, UC Berkeley

Nick Huber, J.P. Morgan

Ray Chua, Bloomberg, Univ of Chicago

Zack Rosen, J.P. Morgan, Apollo Global, Michigan

Matt Wong, CB Insights, Northwestern, Peking U

Marisa Cannon, Battery Ventures, Highland Capital

Sigal Mandelker, U.S. Treasury, Proskauer Rose LLP, UPenn

Sal Gala, Goldman Sachs, Carnegie Mellon

Max Montgomery, Goodwin, NYU Law,

Eva Alonso, Goldman Sachs, Millicom (UK), London School of Economics (communism)

Alli London, Morgan Stanley, J.P. Morgan, Southeby’s, Paramount Pictures

Brian McGrath, Jeffries, Royal Bank of Scotland/NatWest

Veronica Boubnova, J.P. Morgan, Blackstone Group, PriceWaterhouseCoopers

Ben Paull, Blackstone Capital, Lehman Brothers, Magnetar Capital, Goldman Sachs, 20th Century Fox

Jessi Brooks, U.S. Attorney, Washington D.C., Stanford Law

Jordan Angelos, Accel Partners (Facebook), James W. Breyer

Amy Hawkins, Tandem, Univ. of North Carolina

Gabe MennessonEvercore, Genzyme, Lexicon (UK), Dell, Titanium Metals, AstraZeneca, DuPont, Qualcomm, Dow, Abbott, Level 3, Tesla, Coach, Whole Foods, Amazon, Aetna, T-Mobile, Sprint

Nicole MacDougall, Bill Gates Ventures Chief of Staff, House, Senate

Justin Saslaw, Goldman Sachs, Raptor Capital, Notre Dame

Tiger Global Alibaba, DST Global (Moscow), Facebook, Credit Karma, LinkedIn, Softbank, Square

Union Square Ventures Twitter, Etsy, Zynga, AT&T Vetures, Flatiron Partners, XO Group

https://en.wikipedia.org/wiki/Coinbase

History

Coinbase was founded in June 2012 by Brian Armstrong, a former Airbnb engineer. Armstrong enrolled in the Y Combinator startup incubator program and received a $150,000 cash infusion.[6] Fred Ehrsam, a former Goldman Sachs trader, later joined as a co-founder.[7][8][9] British programmer and Blockchain.info co-founder Ben Reeves was originally supposed to be part of the Coinbase founding team but parted ways with Armstrong just before the Y Combinator funding event, due to their different stands on how the Coinbase wallet should operate.[6] The company is named after coinbase transactions, which are special transactions that introduce cryptocurrency into circulation in proof of work cryptocurrencies.[10]: ch. 8  In October 2012 the company launched the services to buy and sell bitcoins through bank transfers.[11]

In May 2013, the company received a US$5 million Series A investment led by Fred Wilson from the venture capital firm Union Square Ventures.[12] In December the same year, the company received a US$25 million investment, from the venture capital firms Andreessen HorowitzUnion Square Ventures (USV), and Ribbit Capital.[13] Olaf Carlson-Wee, a graduate from Vassar College, was hired as the first employee in the same year.[14]

Andreessen Horowitz = Facebook, Instagram, Groupon, Zynga, Airbnb, Oculus VR, BuzzFeed, Larry Summers

In 2014, the company grew to one million users, acquired the blockchain explorer service Blockr and the web bookmarking company Kippt, secured insurance covering the value of bitcoin stored on their servers, and launched the vault system for secure bitcoin storage.[15][16][17] Throughout 2014, the company also partnered with OverstockDellExpediaDish Network, and Time Inc. allowing those firms to accept bitcoin payments.[18][19][20][21] In the same year, company also added bitcoin payment processing capabilities to the traditional payment companies StripeBraintree, and PayPal.[22][23] In January 2014, Coinbase Global, Inc. was incorporated in Delaware as a holding company for Coinbase and its subsidiaries. The corporate reorganization that saw Coinbase become a subsidiary of Coinbase Global was completed in April that year.[2]

In January and then March 2017, Coinbase obtained the BitLicense and licensed to trade in Ethereum and Litecoin from the New York State Department of Financial Services (DFS).[30][31] In November, Coinbase was ordered by the US Internal Revenue Service to report any users who had at least $20,000 in transactions in a year.[32] On December 19, Coinbase listed Bitcoin Cash, and the Coinbase platform experienced price abnormalities that led to an insider trading investigation.[33]

In January 2021, Coinbase parent Coinbase Global took a step towards an initial public offering, and in late February of the same year the company filed for a direct listing to go public with the Securities and Exchange Commission.[2][61] In March, the company fell under review by the U.S Office of Foreign Assets Control, with concerns that the company may have provided their blockchain service to blacklisted individuals or companies, noting that the nature of blockchain technology makes it “technically infeasible” to prevent specific users from making transactions.[62][63] Also in March, the company agreed to pay $6.5 million to settle regulatory claims that it had reported misleading information about its trading volumes.[64][65] Also in March, Coinbase announced that it was establishing a business presence in India and hiring employees for IT services, including engineering, software development and customer support operations. The company also announced plans to open a physical office in Hyderabad.[66][67] In April, with its final earnings release before its April 14 direct listing, the company reported a nine-fold increase in Q1 revenue, to $1.8B, up from $190.6M the previous year. The jump was attributed to the increase in the price of Bitcoin over that time period.[68] Before the listing, Nasdaq set a reference price of $250.00 a share, giving the company an estimated value of $47 billion.[69] At the end of its first day of trading, Coinbase closed at a price of $328.28 per share.[70] In May, the company’s Chief People Officer published a blog post announcing that Coinbase was eliminating salary and equity negotiations during recruiting, citing salary disparities with women and minorities. The announcement said that “all employees in the same position, in the same location, receive the same salary and equity offer.”[71] In June, Coinbase added Dogecoin to its tradable assets for Coinbase Pro users.[72][73] In September, the Securities and Exchange Commission reportedly threatened to sue Coinbase if the company decided to launch a cryptocurrency lending product called Lend.[74] The company initially responded in a blog post that it was confused for being singled out by the SEC, but later announced it had canceled the planned launch. Technology publication TechCrunch covered the story and noted the existence of similar cryptocurrency lending products already on the market.[75] In November, Coinbase made its first acquisition in India by purchasing AI-powered support platform Agara for an estimated $40-50 million. The company stated that it would utilize Agara’s technology to automate its customer experience tools.[76]

Operations

Coinbase operates as a remote-first company, and has no physical headquarters.[1] As part of its SEC filing to go public, the company reported 43 million verified users, 7,000 institutions and 115,000 ecosystem partners in over 100 countries. It also reported net revenue of $1.14

https://www.sec.gov/Archives/edgar/data/1679788/000162828021004939/coinbaseglobalincs-1a1.htm#i86a9d9b35e45447ea6eb369e5dcf1e6a_40

Directors at the IPO:

If an officer, shown below.

Christopher V. Dodds.

Barry Schuler

Executive Officers at IPO:

Brian Armstrong, CEO. Deloitte & Touche, ResearchHub

Surojit Chatterjee, Chief Product Officer. Google, Symantec, Indian Institute, MIT

Emilie Choi. LinkedIn, Microsoft, Warner Bros., Naspers, ZipRecruiter, Johns Hopkins, Wharton

Paul Grewal, Chief Legal Officer. Facebook, Howrey LLP, Federal Circuit, Epiq, MIT, Chicago Law

Alesia J. Haas. Sculptor Capital, Och Ziff Capital, OneWest Bank, CIT Group, ANGI, Sears

Marc L. Andreessen (also Director). Facebook, Andreessen Horowitz, Loudcloud, HP, AOL, Netscape, eBay, UnivofIllinois

Frederck Ernest Ehrsam III (also Director). Paradigm, Goldman Sachs, Duke

Kathryn Haun (also Director). Andreessen Horowitz, Stanford Law, CFR, Sidley Austin LLP, DoJ

Kelley A. Kramer (also Director). Cisco, GE Healthcare, Gilead, Snowflake, Purdue

Gokul Rajaram (also Director). DoorDash, Square, Facebook,

Fred Wilson (also Director). Union Square Ventures, Flatiron Partners, Etsy, MIT, Wharton

Shares Beneficially Owned Prior to the Effectiveness of the Registration StatementPercent of Total Voting Power %Shares of Class A Common Stock Registered
Class AClass B
Number%Number%
Named Executive Officers and Directors:
Brian Armstrong(1)2,753,924 9.4 36,851,833 21.6 21.5 36,851,833 
Surojit Chatterjee(2)2,002,036 7.0 — — *5,344 
Paul Grewal(3)915,331 3.3 — — *3,808 
Marc Andreessen(4)5,516,037 20.8 23,961,498 14.1 14.1 — 
Frederick Ernest Ehrsam III(5)2,570,459 9.7 15,114,503 8.9 8.9 15,114,503 
Kathryn Haun(6)181,000 *286,854 **467,854 
Kelly Kramer— — — — — — 
Gokul Rajaram— — — — — — 
Fred Wilson(7)— — 13,902,324 8.2 8.1 — 
All executive officers and directors as a group (11 persons)(8)15,998,205 46.8 91,947,012 53.5 53.5 52,768,137 
Other 5% Stockholders:
E Entities affiliated with Andreessen Horowitz(9)5,516,037 20.8 23,961,498 14.1 14.1 29,477,535 
E Entities affiliated with Paradigm(10)2,570,459 9.7 — — *2,570,459 
E Entities affiliated with Ribbit Capital(11)— — 11,995,949 7.0 7.0 — 
Ti Tiger Global Private Investment Partners XI, L.P.(12)2,624,880 9.9 — — *— 
E Entities affiliated with Union Square Ventures(13)— — 13,902,324 8.2 8.1 13,902,324 
Vi Viserion Investment Pte Ltd.(14)1,381,518 5.2— — *— 
Other Registered Stockholders:
N Non-Executive Officer and Non-Director Current and Former Service Providers(15)17,111,799 42.915,991,864 9.09.411,768,185 
All Other Registered Stockholders(16)4,224,755 15.93,870,923 2.32.44,364,129 

__________________

*Represents beneficial ownership of less than 1% of our outstanding shares of common stock.

(1)Represents (i) 2,753,924 shares underlying options to purchase Class A common stock that are exercisable within 60 days of March 15, 2021; (ii) 25,959,129 shares of Class B common stock held by The Brian Armstrong Living Trust; (iii) 2,215,422 shares of Class B common stock held by the Brian Armstrong 2018 Grantor Retained Annuity Trust; (iv) 7,726,792 shares of Class B common stock held by the Brian Armstrong 2020 Grantor Retained Annuity Trust; and (v) 950,490 shares of Class B common stock held by The Ehrsam 2014 Irrevocable Trust, of which Mr. Armstrong is trustee.

(2)Represents (i) 5,344 shares of Class A common stock and (ii) 1,996,692 shares underlying options to purchase Class A common stock that are exercisable within 60 days of March 15, 2021.

(3)Represents (i) 3,808 shares of Class A common stock and (ii) 911,523 shares underlying options to purchase Class A common stock that are exercisable within 60 days of March 15, 2021.

(4)Represents (i) 5,516,037 shares of Class A common stock and (ii) 23,961,498 shares of Class B common stock held by entities affiliated with Andreessen Horowitz, as reflected in footnote 9 below. Mr. Andreessen, a member of our board of directors, is a general partner of Andreessen Horowitz, and therefore, may be deemed to share voting and investment power with regard to the shares held directly by Andreessen Horowitz. The address for Mr. Andreessen is c/o Andreessen Horowitz, 2865 Sand Hill Road, Suite 101, Menlo Park, CA 94025.

(5)Represents (i) 8,425,831 shares of Class B common stock held by The Frederick Ernest Ehrsam III Living Trust; (ii) 2,997,461 shares of Class B common stock held by The Frederick Ernest Ehrsam III 2020 Grantor Retained Annuity Trust; (iii) 601,637 shares of Class B common stock held by the Brian Armstrong Legacy Trust, of which Mr. Ehrsam is trustee; (iv) 3,089,574 shares of Class B common stock held by The Armstrong 2014 Irrevocable Trust, of which Mr. Ehrsam is trustee, and (v) 2,570,459 shares of Class A common stock held by Paradigm Fund L.P., as reflected in footnote 10 below. Mr. Ehrsam, a member of our board of directors, is a managing member of Paradigm Fund L.P., and, therefore, may be deemed to have voting and investment power with regard to the shares held directly by Paradigm Fund L.P.

(6)Represents (i) (A) 181,000 shares of Class A common stock and (B) 19,000 shares of Class B common stock held by EZT Trust; (ii) 150,000 shares of Class B common stock held by Gheradesca Annuity Trust; and (iii) 117,854 shares of Class B common stock held by Gheradesca LLC, of which 6,223 shares are unvested and subject to repurchase by us.

(7)Represents 13,902,324 shares of Class B common stock held by entities affiliated with Union Square Ventures, as reflected in footnote 13 below. Mr. Wilson, a member of our board of directors, is a general partner of Union Square Ventures, and therefore, may be deemed to share voting and investment power with regard to the shares held directly by Union Square Ventures. The address for Mr. Wilson is c/o Union Square Ventures, 915 Broadway, 19th Floor, New York, NY 10010.

(8)Represents (i) 8,281,992 shares of Class A common stock; (ii) 90,436,463 shares of Class B common stock; (iii) 7,693,188 shares underlying options to purchase shares of Class A common stock that are exercisable within 60 days of March 15, 2021;

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(iv) 1,510,549 shares underlying options to purchase shares of Class B common stock that are exercisable within 60 days of March 15, 2021; and (v) 23,025 shares of Class A common stock subject to RSUs that are settleable within 60 days of March 15, 2021. As of March 15, 2021, executive officers and directors as a group held an aggregate of (i) 16,987,099 shares underlying options to purchase shares of Class A common stock; (ii) 1,510,549 shares underlying options to purchase shares of Class B common stock; and (iii) 689,433 shares of Class A common stock subject to RSUs.

(9)Represents (i) 27,630 shares of Class A common stock and 21,714,684 shares of Class B common stock held by Andreessen Horowitz Fund III, L.P., for itself and as nominee for Andreessen Horowitz Fund III-A, L.P., Andreessen Horowitz Fund III-B, L.P., and Andreessen Horowitz Fund III-Q, L.P., which are collectively referred to as the “AH Fund III Entities”; (ii) 4,618,842 shares of Class A common stock held by Andreessen Horowitz LSV Fund I, L.P., for itself and as nominee for Andreessen Horowitz LSV Fund I-B, L.P. and Andreessen Horowitz LSV Fund I-Q, L.P., which are collectively referred to as the “AH LSV Fund I Entities”; (iii) 1,817,334 shares of Class B common stock held by AH Parallel Fund III, L.P., for itself and as nominee for AH Parallel Fund III-A, L.P., AH Parallel Fund III-B, L.P., and AH Parallel Fund III-Q, L.P., which are collectively referred to as the “AH Parallel Fund III Entities”; (iv) 429,480 shares of Class B common stock held by a16z Seed-III, L.L.C., which is referred to as “a16z Seed”; and (v) 869,565 shares of Class A common stock held by CNK Fund I, L.P., for itself and as nominee for CNK Fund I-B, L.P. and CNK Fund I-Q., L.P, which are collectively referred to as the “CNK Fund I Entities”. AH Equity Partners III, L.L.C. (“AH EP III”), the general partner of the AH Fund III Entities, may be deemed to have sole voting and dispositive power over the shares held by the AH Fund III Entities. The managing members of AH EP III are Marc Andreessen and Ben Horowitz, and each of them may be deemed to hold shared voting and dispositive power over the shares held by the AH Fund III Entities. AH Equity Partners LSV I, L.L.C. (“AH EP LSV I”), the general partner of the AH LSV Fund I Entities, may be deemed to have sole voting and dispositive power over the shares held by the LSV Fund I Entities. The managing members of AH EP LSV I are Marc Andreessen and Ben Horowitz, and each of them may be deemed to hold shared voting and dispositive power over the held by the AH LSV Fund I Entities. AH Equity Partners III (Parallel), L.L.C. (“AH EP III Parallel”), the general partner of the AH Parallel Fund III Entities, may be deemed to have sole voting and dispositive power over the shares held by the AH Parallel Fund III Entities. The managing members of AH EP III Parallel are Marc Andreessen and Ben Horowitz, and each of them may be deemed to hold shared voting and dispositive power over the shares held by the AH Parallel Fund III Entities. The AH Fund III Entities are the members of a16z Seed, and each of them may be deemed to hold shared voting and dispositive power over the shares held by a16z Seed. AH EP III, the general partner of the AH Fund III Entities, may be deemed to have sole voting and dispositive power over the shares held by a16z Seed. The managing members of AH EP III are Marc Andreessen and Ben Horowitz, and each of them may be deemed to hold shared voting and dispositive power over the shares held by a16z Seed. CNK Equity Partners I, L.L.C. (“CNK EP I”), the general partner of the CNK Fund I Entities, may be deemed to have sole voting and dispositive power over the shares held by the CNK Fund I Entities. The managing members of CNK EP I are Marc Andreessen and Ben Horowitz, and each of them may be deemed to hold shared voting and dispositive power over the shares held by the CNK Fund I Entities. Shares held by each of these entities include shares that may be subsequently sold by each of Marc Andreessen, Ben Horowitz and Kathryn Haun following in-kind distributions of shares by these entities. The address for each of these entities is 2865 Sand Hill Road, Suite 101, Menlo Park, CA 94025.

(10)Represents 2,570,459 shares of Class A common stock held by Paradigm Fund L.P. Paradigm Fund GP LLC, the general partner of Paradigm Fund L.P. has sole voting and investment power with regard to the shares held by Paradigm Fund L.P. The Frederick Ernest Ehrsam III Living Trust and Matt Huang are the managing members of Paradigm Fund GP LLC. Mr. Ehrsam is the trustee of The Frederick Ernest Ehrsam III Living Trust. Shares held by Paradigm Fund L.P. include shares that may be subsequently sold by each of Frederick Ernest Ehrsam III Living Trust and Matt Huang following in-kind distributions of shares by such entity. The address for this entity is c/o Maples Corporate Services Limited, Ugland House, PO Box 309, George Town, Grand Cayman E9 KY1-1104.

(11)Represents (i) 1,020,672 shares of Class B common stock held by CB-D Ribbit Opportunity I, LLC; (ii) 10,089,161 shares of Class B common stock held by Ribbit Capital, L.P.; (iii) 560,610 shares of Class B common stock held by CB Ribbit Holdings, LLC; and (iv) 325,506 shares of Class B common stock held by CB Ribbit Opportunity I, LLC. The address for this entity is 364 University Avenue, Palo Alto, CA 9430.

(12)Represents 2,624,880 shares of Class A common stock held by Tiger Global Private Investment Partners XI, L.P, an affiliate of Tiger Global Management, LLC. The address for this entity is c/o Tiger Global Management, LLC, 9 West 57th Street, 35th Floor, New York, NY 10019.

(13)Represents (i) 11,626,100 shares of Class B common stock held by Union Square Ventures 2012 Fund, L.P., or USV 2012 Fund; (ii) 449,762 shares of Class B common stock held by USV Investors 2012 Fund, L.P., or USV Investors 2012 Fund; (iii) 1,738,007 shares of Class B common stock held by USV Opportunity 2014, LP, or USV Opportunity 2014 Fund, and (iv) 88,455 shares of Class B common stock held by USV Opportunity Investors 2014, LP., or USV Opportunity Investors 2014 Fund. Union Square 2012 GP, L.L.C., or Union Square 2012, is the general partner of USV 2012 Fund and USV Investors 2012 Fund, and has sole voting and investment power with regard to the shares held by USV 2012 Fund and USV Investors 2012 Fund. USV Opportunity 2014 GP, LLC, or USV Opportunity 2014, is the general partner of USV Opportunity 2014 Fund and USV Opportunity Investors 2014 Fund, and has sole voting and investment power with regard to the shares held by USV Opportunity 2014 Fund and USV Opportunity Investors 2014 Fund. We refer to Union Square 2012 and USV Opportunity 2014 and affiliated entities as Union Square Ventures. Fred Wilson, Brad Burnham, Albert Wenger, John Buttrick, and Andy Weissman are partners at Union Square Ventures and, therefore, may be deemed to have shared voting and investment power with regard to the shares held directly by Union Square Ventures. Shares held by each of these entities include shares that may be subsequently sold by each of Fred Wilson, Brad Burnham, Albert Wenger, John Buttrick, and Andy Weissman following in-kind distributions of shares by these entities. The address for each of these entities is 915 Broadway, 19th Floor, New York, NY 10010.

(14)Represents 1,381,518 shares of Class A common stock held by Viserion Investment Pte Ltd. Viserion Investment Pte. Ltd. shares the power to vote and the power to dispose of these shares with GIC Special Investments Pte. Ltd., or GIC SI, and GIC Private Limited, or GIC, both of which are private limited companies incorporated in Singapore. GIC SI is wholly owned by GIC

Bank of England hides American operations in England, Arkansas

Corner Store World Banking Powerhouse nobody knew: the Bank of England… England, Arkansas

Appears to be fronting for the Bank of England, UK… getting Americans used to seeing the name

Almost as many deposits as J.P. Morgan Chase & Co. in a farming town of 2,800 people

Researchers just stumbled upon yet more world banking deception

On paper, these are supposedly all subsidiaries of the Bank of England, England, Arkansas (Population: 2,825 people, 2010 census); 123 Main Street, England, Arkansas 72046.

The bank has $576 million in assets, 361 governors and 151 locations around the country.

The Arkansas Sec. of State listing says it is a foreign (non-Arkansas-based) but has deleted all detail about that location. The principal, Brad Canada, is an evident cardboard local yocal.

https://www.ibanknet.com/scripts/callreports/getbank.aspx?ibnid=usa_244149

https://www.ibanknet.com/scripts/callreports/getbank.aspx?ibnid=usa_244149


361 Governors, Foreign Corporation

https://www.sos.arkansas.gov/corps/search_corps.php?DETAIL=63991&corp_type_id=&corp_name=bank+of+england&agent_search=&agent_city=&agent_state=&filing_number=&cmd=

Who is Brad Canada? Who is Gary Canada?

Robber Barons Created Homosexual Operations at the YMCA

What do a genital-urology surgeon named BANGS,* the Y architect, a “Christian socialist” and three Robber barons, including JP Morgan and Cornelius Vanderbilt, have in common? * you cannot make this stuff up

They founded the New York Y-M-C-A in 1865

J. Pierpont Morgan (J.P. Morgan), director, treasurer; Elihu Root, committee chairman. (May 15, 1865). YMCA of New York 13th (partial) and 14th (full) Annual Reports, Act of Incorporation. University of Minnesota Libraries, Kautz Family YMCA Archives. New York Young Men’s Christian Association (YMCA). 

Founding NY YMCA incorporating officers on May 13, 1868

  1. William E. Dodge, Jr., president; Phelps Dodge (NYSE: PD, 15,000+ employees); copper mining, smelting; lumber; cotton import-export from U.S. south to the Liverpool, UK
  2. William Harman Brown, vice-president; treasurer, American Institute of Christian Philosophy, 64 Broadway (founded 1881, directors included life member Cornelius Vanderbilt [d. Sep. 12, 1899] of New York, continued ca. 1900 [p. 21], ); promoted Theism and Scientism; influenced by Oxford and Sir William Mitchell Ramsay; see Propaganda of philosophy: History of the American Institute of Christian Philosophy, 1881-1914
  3. Cornelius Vanderbilt, shadow vice president; treasurer; steamship, railroad monopolies; Manhattan real estate; Grand Central; chairman, audit committee (1875)
  4. Robert R. McBurney (from 1862), corresponding secretary; architect; designed the first YMCA building in 1870; one of his biographers wrote that McBurney’s influence on the YMCA movement was “profound, exceeding that of any other man.”; founding trustee,  The YMCA School for Christian Workers (1884-99, where basketball was first played); see archives; biography (1902, “model of the the association architecture of the future” entrance, reading room, private office, recreation room, parlors, lecture rooms, gymnasium, “abundant” bath-rooms, swimming pool, bowling alleys, library,  class-rooms, auditorium); member, Committee for the Suppression of Vice; proponent of “Christian socialism” in Europe; d. 1898 age 67, Bishop Henry C. Potter eulogized (later was first president of the Pilgrims Society of America)
  5. L. (Lemuel) Bolton Bangs (1842-1914) recording secretary; president, American Association of Genito-urinary Surgeons, 1895 (relating to the genital and urinary organs. “genitourinary medicine”); See Atlas of Syphilis and the Venereal Diseases (L. Bolton Bangs, 1899).
  6. J. Pierpont Morgan, treasurer; Lord Rothschild, George Peabody protégé; co-founder of the British Pilgrims Society (1902); purchased editorial control of American newspapers for the Pilgrims propaganda (1912); notorious homosexual

Robert R. McBurney, 1883

https://archive.org/details/cu31924029336678/page/n319/mode/2up

Read the opposite from these monopolists and slaveholders:

Blockchain Banking – Is it Secure?

Post by AIMCat Peter

Re-visioning Money and Banking Series

Practical Steps Back to a Functional Reality

In the previous Part 1 of this journey, we found that our present money system has become an unworkable corruption of an initially sound concept to enable exchange of goods or services for reliable “value token” notes, issued by banks.

We set out the requirements for a sound system, and highlighted 3 ways that banks had gamed and corrupted these sound principles for their own benefit resulting in the mess we experience today.

However, to return to a functional mechanism is not possible at the mere flick of a switch, with the corruption so ingrained and globally spread.

We need to start with a list of issues that need to be covered in the reversion process:

1. As the present system has evolved to benefit those who run it, there will be much in-house resistance to any change which removes those benefits.

2. Any new system restarting from sound practice must be able to evolve ALONGSIDE the current, and interact with it as necessary in the interim.

3. This will unavoidably involve greater complexity in the transition period, with the public needing  to see clear immediate benefits to them overriding the upset of change.

4. Established law is built around the present structure, and so any new privately promoted “token” medium would have to be a form of cryptocurrency.

5. Not only sound and secure in itself, the mechanism would have not to detract from value invested in the current system, before it establishes itself.

6. The new development must be able to develop from a “standing start” through public approval and choice.

The following is a suggested start for consideration and debate:

Property Cryptocurrency

Owner occupied property offers the basis for secure, stable cryptocurrency to be created by those owners, using the property market value as collateral.

Property ownership, property value, property insurance, and financial charges against property can all be recorded and verified, with blockchain security protection, and be updated as and when any of these items changes.

This secure technology* therefore now allows the potential for individual owners of property to secure and create transferable credit for themselves based on this value, in cryptocurrency units corresponding to conventional credit units, as (say) “property dollars”….” property pounds”   etc.

As a starting point, it would be prudent to have an initial fixed ceiling to the creation of such crypto units of (say) 50% of the recorded market value of any property, in order to allow people to become accustomed to the concept, and practical process, in a demonstrably safe financial environment, not pushing the market valuation at any time to the extreme.

The cryptocurrency recording, and associated 50% cap, would be a blockchained entry on any specific property record, available for the owner to use and manage, or ignore if he or she wished. A dormant, or active resource at the discretion of the owner.

Once an owner had found another property owner with whom he had agreed a deal for the transfer of goods using the cryptocurrency, he would transfer the currency from his account over to the goods supplier’s account in the normal way, with blockchain security, so that now the goods supplier’s account showed he could “spend” more than his 50% property value, and the goods recipient’s account would show he had a corresponding amount less than his 50% value in his remaining account.

And so on……

The only further mechanism to consider is the arrangements to cover the eventual sale of the property, either by owner’s decision, or death.

When the property is transferred between owners, the transferor will either have the crypto account in it’s original balance, or in credit, or deficit with reference to it’s original balance.

If in original balance, the sale and transfer can be made entirely in the conventional way and the transferee will pay in full with conventional funding.

If there is a deficit on the original balance, then that deficit is transferred to the new owner, with that new owner having the benefit of a corresponding reduction in the amount he has to pay in conventional funding. The deficit remains until such time as he may return the crypto account to full original balance.

If in credit relative to the original balance, the transferor can transfer the credit amount to any new property crypto account he is buying. If he is not buying another property, he will have to transfer to another chosen property owner’s account, or let the credit remain for the benefit of the transferee.

These same options will apply to the property at death of the owner, or be subject to his Will provisions.

Under no circumstances will cryptocurrency credit or deficit numbers appear, or disappear, without a corresponding opposing deficit, or credit balance also occurring in the system in a naturally functioning way.

Those wishing to trade in this way would need person to person trading platforms, similar to Ebay or Gumtree to have the option to trade using the cryptocurrency, initially with their commission in conventional currency.

Clearly, once established and showing it’s benefits to trading parties, consideration could be given to raising the value limit percentage, in an organised review of the overall system rules.

With time and the accepted use of this means of exchange, housebuilders would have the opportunity to pay for building work in cryptocurrency, using any developing property value and applying the 50% rule.

Checking this Proposition Against the Original 6 Criteria Points Above

1. The only interaction with the present system is the potential reduction in conventional money where a property is sold with net cryptocurrency deficit. Existing banking business would otherwise be unaffected.

2.See 1. above – this mechanism can work entirely separately to the existing.

3. Initial buyers would be unfazed by a corresponding “loss” on future property sale, in order to have instant hassle-free goods or services. Initial sellers would have every confidence they could buy something with their crptocurrency “surplus” in due course.

4. Other private cryptocurrencies have emerged and thrived within the framework of law – this cryptocurrency has the added advantage of security against property value.

5. See 1. above. No problem here.

6. Time will tell, but once started there is no reason that this development shouldn’t go from strength to strength, allowing the raising of the 50% limit after time, if, and as needed.

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Note from the Anonymous Patriots:

The asterisk * is because the American Intelligence Media has reported that BLOCKCHAIN technology is not secure at this time. There are ways to make it secure, but until the United States Patent Office is purged of British and foreign control, the engineers who have developed the new, very secure encryption system are not interested in offering their product for use. Personally, we would not digitize any of our assets, like property or wealth, on the blockchain until this encryption was included in the existing or new system. In the reports below, we busted Bitcoin as a CIA operation – and definitely NOT secure.

Satoshi Nakamoto Dossier Reveals CIA Ponzi Scheme

The REAL Creator of Bitcoin – Philip J. Venables

CRYPTOCURRENCY CRIME VICTIMS LODGE COMPLAINT AGAINST EU FOR MALADIMINISTRATION

Cryptocurrency Victims Claims Expand

Re-visioning Money and Banking

Post by AIMCat Peter

Money is a “token of value” invented to bridge any value asymmetry in an exchange of goods or services.

In any exchange of goods or services it is highly unlikely that the exchanging parties will each have exactly the same value to offer the other at the time, to create an entirely balanced barter deal.

Indeed, most exchanges are entirely in one direction, where goods or services are wanted by one party from the other, with no compensating value transfer.

To offset this value exchange imbalance a mechanism was developed to “store” real durable wealth (gold, silver, etc.) at a bank for safekeeping, and use banks “notes of value” receipts arising therefrom as “value tokens” which could effectively transfer ownership of some of that stored value to another in exchange for goods or services wanted.

So, we have banks reliably storing durable valuables deposited with them, the value receipts from which can act as transferable value tokens by the owner/depositor acceptable to another in exchange for real goods or services.

Clearly any time the owner/depositor wishes to remove his deposited valuables, he would have to return the full amount of bank tokens he had “spent” for the bank to cancel these notes, and entirely clear the deposit from their records.

With all banks working to a similar process, and with co-ordinated value token notes, it becomes possible for unrelated transactions to exchange value notes, from different banks, to have the same ability to redeem and complete any return of deposited wealth.

Over time, insured property was added to gold and silver as a reliable source of stored wealth, and money as an entirely paper-based concept was born.

A Great Idea – Corrupted by Greed

So, by this means, banks became middlemen controlling the safekeeping of deposited valuables, and created and transferred their paper “value notes” to and between depositors, enabling the flow of goods and services in otherwise unbalanced or one-way transfers.

This all worked accountably and reliably provided the value tokens issued always related to the value stored, and if any depositor of valuables with the bank wished to repossess them, he would have to return value notes to the bank equal to those he had spent against the security of the valuables, for the bank to cancel them and return the actual valuables.

However, rather than sticking within the constraints inherent in this understandable and reliable system, banks saw an opportunity to game the process in their favour.

Firstly, they realised that their paper “value notes” were constantly in demand as essential to the process of any exchange of goods or services, so rather than charge a fee for any work they actually did, they charged a small percentage continuously on the notes they issued.

Secondly, rather than this percentage being on the original notes only, they applied it to the additional notes needed as “interest” on the original notes also.

This “compound interest” payable to them had to be created against the continual devaluing of the notes against the deposited collateral value, a process we call “inflation”.

Thirdly, they noticed that most of the real value collateral deposited with them was not reclaimed over considerable periods of time, offering them the possibility of creating more “value notes” than they actually held in collateral value, allowing them to expand their business, albeit in a manner putting the whole money creation process into irredeemable risk and chaos.

To cover up the clear fraud of issuing more value notes than they had valuables in collateral, they created a book keeping process based on a lie, that the wealth they held was the value notes rather than the collateral valuables.

Thus, they created loans from these notes entirely independent of any collateral value they held.

Fraudulently accounting for “loans” being created by bank value notes (in the possession of depositors) being temporarily lent to borrowers, banks freed themselves to CREATE as many loans as they felt they could get away with, always assured that the resulting deposits would balance in their book keeping.

As further consolidation of this fraud, they paid “interest” to bank note depositors, reinforcing the false impression that deposited bank notes were “lent” to borrowers, rather than the opposite TRUTH that their loans (created by them at will) created deposits.

This true money creation process is set out and confirmed by Bank of England Quarterly Bulletin Q1 2014, entitled “Money Creation in the Modern Economy”. In this Bulletin, and to quote “…rather than lending out deposits that are placed with them, the act of lending creates deposits – THE REVERSE OF THE SEQUENCE TYPICALLY DESCRIBED IN TEXTBOOKS….” (capitals added by me for emphasis only).

When challenged as to why banks still charged interest from borrowers which they paid to depositors, when it was not depositors money that they lent, the Bank of England replied that the morality of commercial bank practices was not their responsibility.

The real value they held, namely deposited collateral real value, became ignored in their accounting.

The Way Back to Functional Reality

In order to restore an understandable and workable system, we must return to the point where real valuables are “deposited” with banks, and bank “value notes” are only issued to these collateral depositors to the limit of real value held.

This ensures that there is a direct accountability between each depositor of real collateral value, and the money he creates against that value.

Banks would account real deposit value held against money issued for each depositor, such that in the event that the money was not returned for cancellation by the bank, by the depositor, the collateral could be sold by the bank to retrieve the money that way.

All safe and secure.

Banks would act as professional book keepers and would charge competitive fees for any activity they perform, with no “interest” involved in any activity.

Real value offered as collateral for banks to create money against can be any durable valuable, traditionally gold and silver, but clearly insured property holds value in the marketplace, and as an essential component of life for most, and with it’s potential for adding value to itself, it is collateral of choice for most.

Now that the ownership and current value of property can be secured for all to rely on via blockchain technology, we have an ideal medium and mechanism for any property owner to register how much money he has created against the value of that property, entirely free of “interest”, with that charge against that particular property at any time being secured, to be removed as part of the eventual sale of that property in due course.

Thus the concepts of “mortgage” and “equity release” become merged in one secure account unpolluted by any notion of interest.

Each homeowner has his own stable and secure banking system in the varying equity he decides to invest in his home.

Indeed, there is no theoretical reason preventing the development of property via the creation of money from the developing value itself, i.e. provided the developing market value always runs ahead of the money created to construct it, the property can just remain with the money needed to construct it as a charge awaiting cancellation at the sale of the property.

Banking would thus become secure and paid for in fees for a professional book keeping service.

Property and home ownership would be available for all.

By engaging and managing the real market value in his home, any property owner has the potential to release this value and buy it back as he needs to fund his life.

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Continue your banking education with this video or research yourself by searching for “state land banks”: What are Land Banks & How to they work?

How to destroy 5G rollout

The US Geological Survey (USGS) has publicly stated that the world’s silver supply will be depleted by 2025. This will make silver the first widely used industrial commodity to have its in-ground supply exhausted. Source

After you read how important silver is in the new technologies that will control humanity, think about what happens to PRICE when SUPPLY is LIMITED!

The reason that a silver shortage would be a big problem for the Green New Deal, including the rollout of DEADLY 5G, is that SILVER is required for the technology to work.

We are asking citizens of the world to buy physical silver and get it out of the hands of the evil globalists who want to lock down the planet in digital tyranny. For example, remember our reports on the Internet of Things? It needs silver to operate.

Internet of Things: Fascism by Another Name. Powered by 5G

Big Brother is Watching You — For Real

This technology will not work unless SILVER is readily available for industrial and commercial use. The most efficient way citizens can fight this intrusive technology is to gobble up all the physical silver they can, whether it is American Silver Eagles, Australian Kangaroos, Canadian Silver Maples, South African Kruggerands, UK Britiannas, or any other form of pure silver.

We don’t see a down side to this at all! Silver is not only valuable as a store of value, its price is never going to go down, except in the rigged SLV markets where silver is imaginary, not real.

Citizens around the world are waking up to the VALUE of SILVER. Dealers can’t seem to scarf up American Eagles anywhere. So try other ’rounds’, from other countries, or pure silver bars from a reputable dealer.

Another great place to look for silver is in pawn, second-hand and antique shops. Many times shopkeepers are unaware that they have a valuable metal in utensils, silverware, tea sets, and jewelry. Sterling silver is an alloy of silver containing 92.5% by weight of silver. It can be melted down and purified by silver professionals who will buy it at coin and pawn shops – for just that purpose.

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In this industry publication – Silver Institute Paper, you will see that silver is REQUIRED for 5G manufacturing.

What do you think will happen to the price of physical silver when the SUPPLY is short and the DEMAND is long? Yes, the silver you buy in the physical form is going to have an “up charge”. Get used to it as this is reflective of the real price of silver, not that imaginary stuff over at SLV that is used to set the price of physical silver.

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Read under these headline links for edgy memes and informative videos to circulate in your downline:

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The SILVER Revolution Will Change the World

Listen to the entire video in the headline link above.