Jun 5, 12:33 PM

SEC to Close Salt Lake City Office Amid Staff Attrition and $1.8 Million Penalty

The SEC has announced the closure of its Salt Lake City regional office due to significant attrition among its staff. The office, which was involved in the failed fraud lawsuit against the crypto firm DEBT Box, faced a $1.8 million penalty after a Utah judge ordered the SEC to pay legal fees. The caseload from the Salt Lake City office will now be handled by staff in Denver.

#SEC #Salt Lake City #DEBT Box #Utah #Denver

Written with ChatGPT (GPT-4o).

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Miko@mikojava
1 year ago
The SEC backs out of Salt Lake City after disastrous crypto lawsuit results in $1.8 million penalty, citing ‘significant attrition’ https://t.co/1TUPI6toHb
David D. Tawil@DavidDTawil
1 year ago
Gensler, you're a failure.📦 #SEC closes Utah office https://t.co/ozbMfmlI4F #axioscrypto
FORTUNE@FortuneMagazine
1 year ago
The SEC backs out of Salt Lake City after disastrous crypto lawsuit results in $1.8 million penalty, citing "significant attrition." https://t.co/Dk7EFxXBuK

SEC to Close Salt Lake City Office Amid Staff Attrition and $1.8 Million Penalty

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