Thirty executives at a real estate firm with a history of touting the value of cryptocurrencies donated more than $21,000 to Mayor Adams’ reelection bid shortly after he asked Gov. Hochul last month to veto a bill that would impose new crypto regulations in the state, according to a Daily News review of campaign finance records.
But a spokeswoman for the firm, the Manhattan-based Newmark Group, claimed Monday that the flood of donations were unrelated to Adams’ veto push.
“The timing was purely coincidental,” the spokeswoman said. “The mayor is in the midst of a fundraising push and the donations were the result of a scheduled fundraising event.”
The rep declined to specify the fundraising event. Evan Thies, an Adams campaign advisor, declined to comment.
Adams publicly urged Hochul on June 13 to veto the legislation, which would make it illegal to create new pieces of cryptocurrencies using an environmentally harmful computer process known as “proof-of-work.”
That same day, eight...
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