Paul Atkins, Trump’s Sec Nominee, Consulted for Wall Street, Cripto

While the cryptocurrency in investors last year, Donald Trump promised to fired Gary Gensler, a Securities and Exchange Commission (SEC) a chair that examined the industry and installs a new crypto– a friendly regulator in his place.

Trump, who launched his coin for crypto meme Dani Before he took a function, he did not only choose the Alliance Industry to lead SEC – he chose one of his greatest amplifiers in Washington, Paul Atkins. According to his new financial discovery, Atkins co-advantaged a group of advocacy crypto, consulted for the crippto interest and has significant crypts of shares.

Submission of the Atkins, General Manager of Patomax of the Global Partner, consulted for many companies undergoing SEC Supervision – including many large banks, such as Bank of America, Barclays, Deutsche Bank, Goldman Sachs; Financial companies such as investment loyalty, Guggenheim securities, Invesco and Group Jefferies; and oil and gas giant exxomobil. He also represented a business round table, a lobby group for large business executive directors.

Regarding his participation in the crypt industry, the discovery of the CRIPTO Prime Broker Falconk Holding as one of the Atkins clients. Atkins, who was the SEC chairman under George V. Bush, he served as the co-chair of the Alliance token in Digital CAMO, the lobby group for the lock industry. He is listed as a member of the Board of Advisors in Securityize Inc., which describes himself as “first completely digital securities”. And He has up to $ 5 million In the Fund of the capital of the chain, the CRIPTO investment firm.

Atkins’ firms, Global Patomax Partners, previously advised the exchange of Cripto Defunct Cripto FTK – Whose founder is Sam Bankman-Fried whether Convicted of charges of fraud and conspiracy After the implosion of the company.

Bloomberg News export That Atkins and his spouse are worth up to $ 327 million, based on financial disclosure. His share in Global Partners, Patomax values ​​somewhere between $ 25 million and $ 50 million, and realized $ 3.7 million in revenue last year, in accordance with the submission. It was misled to leave the company in the company after confirmation.

Sen. Elizabeth Warren (D-Mass), a member of the Ranking Committee of Senate, said Tuesday Tuesday that the list of Atkins clients “reads like who is of special interests of Wall Street.”

Having property that Atkins promised to sell his interest in the company, said Warren “that is not enough, unless he agrees to discern the Customer, and whether they will pay access to the presidency.”

The Senate Banking Committee is scheduled to hold a hearing on Atkins’ nominations on Thursday.