“I think the most interesting thing about Mr Lawsky’s newest venture is that it highlights the cozy relationship between regulators and the regulated industry,” Pamela Morgan, CEO of Third Key Solutions, told IFR.
Morgan, whose company consults for other companies that use digital currencies such as Bitcoin, called Lawsky’s new role “crony capitalism at its finest”.
I swear I remember this douchebag saying he wouldn't be working in the industry after creating the legislation, but of course now here he is. What a scumbag weasel.