Crypto interests are lobbying Gov. Kathy Hochul to veto a groundbreaking bill that would temporarily halt new crypto-mining projects at fossil-fuel burning plants.
Crypto boosters such as Matt Damon, Reese Witherspoon and Gwyneth Paltrow have been criticized for hyping virtual currency without highlighting the risks.
Sam Bankman-Fried is a studiously disheveled billionaire who made a fortune overseeing trades that are too risky for the U.S. market. Now he wants Washington to follow his lead.