Senator Elizabeth Warren raises concerns over President Donald Trump's pick for SEC Chair, Paul Atkins, due to his financial ties to the crypto industry.
Atkins has $6 million in crypto-related investments, including equity in Anchorage Digital, call options in Securitize, and a stake in Off the Chain Capital.
Warren argues that these financial interests could compromise Atkins' ability to enforce regulations impartially, and questions whether he can prioritize investor protection and market integrity.
Atkins' financial portfolio and his role as an expert witness in SEC legal cases also raise concerns about potential conflicts of interest and undue influence.