Ok so we all get what he's doing to make money. However I think this is a very bullish development. He stepped down and is creating his own firm to handle regulation on
digital currencies like bitcoin, meaning he knows bitcoin is here to stay and there is money to be made in the sector. Lawsky talked to higher-ups and big dirty bankers and likely knows what is coming down the pipe for bitcoin from a regulation and banking perspective. If he stepped down and decided to start a law firm that handled other financial regulations that did not include virtual currency, then that would have been a huge red flag of bad things to come for bitcoin.