The article discusses the demands of lawyer and U.S. Senate candidate John Deaton for the next SEC Chair on his first day in office. Deaton emphasizes four things that the next SEC Chair, Paul Atkins, must do. Firstly, the SEC Chair must address and fire everyone involved in the DEBT Box issue, where the SEC admitted to misleading the court. Secondly, Atkins should remove or demote any SEC staff appointed by the previous chair, Gary Gensler. Thirdly, he should clarify that decentralized finance (DeFi) and self-custody are not under the SEC's regulatory purview. Lastly, Deaton urges Atkins to disband the Crypto Unit at the SEC and establish a general fraud unit instead. The article also mentions that the crypto market has reacted positively to Atkins' nomination due to his pro-Bitcoin stance. Bitcoin is currently trading above $100,000.



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