The most recent analysis of the annual accounts of The New York Times showed that Georgia Senator Kelly Loeffler received a substantial sum after leaving her position as CEO of Bakkt..
ICE gave Loeffler an estimated $ 9 million in financial assets and “other rewards”The New York Times said in a recent report. According to the numbers, excluding his base salary, Loeffler received a total of $ 12.5 million in rewards and bonuses last year..
“Kelly has left millions in capital compensation to serve in public offices to protect freedom, conservative values, and economic opportunities for all Georgians.”said a Loeffler spokesman in response to Cointelegraph’s request for comment, adding:
“She brings unprecedented business experience to solve our nation’s challenges at a time when we need to rebuild our economy and restore jobs. Liberal media obsession and career politicians with their success show their bias against the private sector opportunity for a large government. “
The controversial plot around Loeffler continues to grow
Loeffler gave up his position as CEO of Bakkt in late 2019 and entered the political arena as one of Georgia’s senators.. An influential person in the industry, Cointelegraph placed Loeffler in third place on the list of the 100 most influential people in the crypto and blockchain industry.
Loeffler was attacked in the middle of the coronavirus pandemic when it reportedly sold its key equity positions after a private government meeting in the early stages of the virus outbreak. Loeffler’s husband, who is also CEO of ICE, adds other questions to the situation.
The Senator’s documents have come to light
After an extension of several months, the former managing director of Bakkt submitted its annual financial statements at the beginning of May and announced further details.. The Documents revealed millions of dollars in Loeffler’s portfolio of assetsand the $ 3.5 million he earned with Bakkt.
Figures released by the New York Times revealed an additional $ 9 million in various financial assets, including stock options.. ICE expected Loeffler to surrender these assets if he left Bakkt under his original agreement. However, Loeffler was able to keep the funds thanks to ICE changes to the deal.
The New York Times reported that Bakkt’s capital accounted for approximately $ 7.8 million of the $ 9 million..
After several months in the team, In April, Bakkt’s CEO Mike Blandina also left his post.