The Crypto Racket
(texasobserver.org)
The five members of the Navarro County Commissioners Court had rarely seen such a large audience for their Tuesday meeting as they saw in October 2024, when they weighed a Colorado-based company’s application for a multimillion-dollar tax abatement—an incentive to expand its already-established cryptocurrency mine near the small North Texas town of Corsicana.
The five members of the Navarro County Commissioners Court had rarely seen such a large audience for their Tuesday meeting as they saw in October 2024, when they weighed a Colorado-based company’s application for a multimillion-dollar tax abatement—an incentive to expand its already-established cryptocurrency mine near the small North Texas town of Corsicana.