Were you Don Quixote in another life? It's almost like the banks don't have thousands of different products and services ran by hundreds of thousands of people all working on different things. "Let's investigate the banks and see what comes up!" Good luck with that...
No it's not. I think you are perhaps intentionally being a bit obtuse to make a point, but you are better off just coming out and stating your beliefs.
In this case: major finance players are top dogs in Albany politics (along with other FIRE economy and pharma). Their input most certainly has influenced and is influencing both investigations (or lack thereof) into criminal activity in big banks and other financial institutions, as well as into crypto-blockchain tech.
Some big players probably want more robust assurance that their crypto assets are protected. Others probably want to create pain in the space either because they hold a short position or because they have fear of losing their regulatory capture.
But acting like there is no relationship between the (absence of meaningful) investigations into NY finance and this news is unhelpful.
What's unhelpful is baseless speculation about conspiracies and corruption. You're the one making the accusations, you don't get to criticize others asking about them.
The burden of proof is on you to demonstrate that Schneiderman is acting here to protect the banking system and not acting to protect his constituents from being defrauded.
Who is they? The current AG wasn't in office then. And the fact that some entities weren't investigated does not excuse the actions of other, unrelated entities.
Since no players of note went to jail in the Bailout 10 years ago, we can be reasonably sure the corruption is still entrenched. AGs know what side of their bread is buttered.