According to Blockworks, former SEC Commissioner Paul Atkins said in a podcast interview last year that cryptocurrencies are "very exciting" and compared Sam Bankman-Fried's behavior to Bernie Madoff.
Atkins is considered to be supportive of cryptocurrencies. He was a member of the Securitize advisory board and participated in the work of Token Alliance. Securitize CEO Carlos Domingo said Atkins may bring a less controversial regulatory approach.
Atkins believes that if the SEC works more directly with crypto companies, it will help these companies grow in the United States instead of turning to overseas.