From Matt Levine last October:

Earlier this week, two bitcoin-related companies hired former Securities and Exchange Commission chairman Arthur Levitt as an adviser to “help them understand the imperative of a robust approach to regulation.” Yesterday Levitt robustly approached a regulator on their behalf, spending an hour with Ben Lawsky, the New York State Superintendent of Financial Services, who has proposed rather strict regulation of bitcoin infrastructure providers. We know this because Lawsky tweeted about it, calling Levitt a “very special and wise man.” Levitt returned the love, calling Lawsky “a good, fair, reasonable regulator.” It’s somehow fitting that bitcoin lobbying takes place in public, on the Internet.

Kudos to Arthur Levitt ’52 for continuing to rake in the influence peddling dollars in his mid-80s. Impressive!

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