New York City: Oral Arguments on the NYS Bitlicense (Part 1) - 5/4/2017

[theochino]

This is Part #1 of the BitLicense lawsuit in New York State.
https://www.meetup.com/Article-78-Against-NYDFS/events/238795106

On page 5 of the transcript of the last hearing, the judge said: "So, I'm going to decide it together. It's true that if you do get past standing, I may deny the motion to dismiss and order respondents to answer. But, that first hurdle is a big one."

The first question she has to find the answer is standing (do I have the right to sue) or in other words: "I am required to have a Bitlicense to be in Business." - According to the State of New York, my small exchange business doesn't require a BitLicense; but that would mean that Coinbase and Circle did not need one either.

So on 5/4/2017, she will decide whether we can subpoena Lawsky and Krugman to testify on the nature of bitcoin (and that would be for part II of the hearings at a later date.)

All the raw papers are here: http://www.article78againstnydfs.com/raw.php

If you are in town, feel free to come by;
and if you are not, contact your local newspaper letting them know that you would like them to follow that story. They can reach their AP/AFP/Reuters affiliate in NY to cover the story.

Regards,
Theo Chino
http://www.article78againstnydfs.com

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[theochino]

2600 radio show in New York City WBAI 99.5 FM had a discussion with a real Lawyer (not associated with my case) give them their opinion on the lawsuit: https://soundcloud.com/user-843281442-179959116/off-the-hook

2600: The Hacker Quarterly is an American seasonal publication of technical information and articles, many of which are written and submitted by the readership, on a variety of subjects including hacking, telephone switching systems, Internet protocols and services, as well as general news concerning the computer "underground".

Emmanuel Goldstein, RobT, BernieS, Kyle, volt4ire and Alex from 2600 explaining the article 78 lawsuit against the Bitlicense regulation in New York State. Aired on 3/29/2017 on 99.5 FM. The whole show: www.2600.com/offthehook/2017/0317.html

Alex Urbelis credentials are here: http://www.blackstone-law.com/bs/index.php/lawyers/alexander-j-urbelis