SEC Nominee Paul Atkins Discloses Crypto-Related Holdings Amid Senate Confirmation

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SEC Nominee Paul Atkins Discloses Crypto-Related Holdings Amid Senate Confirmation

According to an ethics filing obtained by Fortune, Atkins and his wife have a combined net worth of at least $327 million.

The filing revealed that Atkins holds up to $500,000 in call options for Securitize, an asset tokenization firm, and between $250,000 and $500,000 in equity at Anchorage Digital, a crypto custody platform. Additionally, Atkins has a stake valued between $1 million and $5 million in Off the Chain Capital, a cryptocurrency investment firm.

Atkins, nominated by former President Donald Trump in December, was tapped to lead the SEC after Gary Gensler’s departure.

He previously served as an SEC commissioner from 2002 to 2008 and founded the consulting firm Patomak Global Partners in 2009, which counts crypto exchanges and decentralized finance (DeFi) platforms among its clients. He also advised The Digital Chamber, an industry group focused on digital assets, until he stepped down following his nomination.

Ahead of his confirmation, Sen. Elizabeth Warren sent Atkins a letter raising concerns about his potential conflicts of interest, specifically regarding his connections to the defunct FTX exchange and the broader crypto sector, as well as President Trump’s ties to his memecoin venture.

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Source: https://coindoo.com/sec-nominee-paul-atkins-discloses-crypto-related-holdings-amid-senate-confirmation/