While investing investors in the cryptocurrency was investing last year, Donald Trump promised to shoot Gary Ginsler, head of the Securities and Stock Exchange Committee (SEC) who examined the industry, and installed a new organizer friendly to encryption in place.
Trump, who launched his encryption currency days before he took office, did not choose an ally of the industry to lead the Supreme Education Council – he chose one of its biggest reinforcements in Washington, Paul Atkins. According to his new financial disclosure, ATKINS participated in the chairmanship of the Crypto Advocacy Group, consulting with Crypto’s interests, and has great encoding possessions.
Atkins deposit files, CEO of Patomak Global Partners, Consulting many companies that are under the supervision of SEC – including many major banks, such as Bank of America, Barclays, Deutsche Bank, and Goldman Sachs; Financial companies such as Fidelity Investments, Guggenheim Securities, Investco and The Jeffers Group; And the oil and gas giant Exxonmobil. It also represented the business table, which is a compression group for the executives of major companies.
As for his participation in the encryption industry, the disclosure recounts Crypto Prime Broker Falconx Holdings as one of ATKINS customers. ATKINS, who was the president of SEC during the reign of George W. Bush, as a co -chief of the symbolic alliance in the digital chamber, is a compression group for the Blockchain industry. He was listed as a member of the House of Advisors at Securitize Inc. It describes itself as “the first platform for the issuance of digital securities completely.” and He holds up to 5 million dollars In an Off the Chain Capital box, an investment company.
Atkins’s’, Patomak Global Partners, had previously advised the Crypto ExchandE FTX- whose founder Sam Bankman Farid was convicted of fraud and conspiracy after the company’s collapse.
Bloomberg News I mentioned Atkins and his wife are worth up to 327 million dollars, based on financial disclosure. The value of his share in Patomak Global Partners is estimated somewhere between $ 25 million and 50 million dollars, and made $ 3.7 million in income last year, according to the submission of the deposit. He pledged to strip his share in the company after his confirmation.
“The list of Atkins clients reads as those from Wall Street, special interests,” Senator Elizabeth Warren (MAS), a member of the ranking in the Senate Banking Committee, said in a statement on Tuesday.
In a sign that Atkins pledged to sell his interest in the company, Warren said, “This is not enough, unless he agrees to reveal Congress who will be the buyer and whether they are paying for access to the SEC chair.”
The Senate Banking Committee is scheduled to hold a hearing on the nomination of Atkins on Thursday.