tl;dr
The Securities and Exchange Commission's Salt Lake City office, known for its failed fraud lawsuit against DEBT Box in the crypto world, will shut down due to "significant attrition" among staff, some of whom were pushed out over the case. SEC lawyers Michael Welsh and Joseph Watkins resigned after ...
The Securities and Exchange Commission's Salt Lake City office, infamous for its failed fraud lawsuit against DEBT Box in the crypto world, will shut down due to "significant attrition" among its staff, some of whom were pushed out over the case. Lawyers Michael Welsh and Joseph Watkins resigned after a federal judge sanctioned them for seeking to freeze DEBT Box's assets on misleading grounds.
The judge dismissed the case and ordered the SEC to pay DEBT Box $1.8 million in legal fees. The SEC stated that it considered budget and organizational efficiency in deciding to close the office and has no plans to close any other regional offices. The regulator's Denver office will take over enforcement jurisdiction as the Salt Lake City office closes.
More about ZEEKR Intelligent Technology Holding Limited
ZEEKR Intelligent Technology Holding Limited, an investment holding company, engages in the research and development, production, commercialization, and sale of electric vehicles and batteries.
Industry: TECHNOLOGY
Sector: GENERAL
Support Levels: None
Resistance Levels: None
Bullish Trend Indicators: 0
Bearish Trend Indicators: 0
Breakout Potential: 0
Head and Shoulders Pattern: None
Relative Strength Index (RSI): 0
Moving Averages: 0
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More about PayPal Holdings Inc
Company: PayPal Holdings Inc
Industry: Trade & Services
Sector: Services-Business Services, NEC
Market Cap: $304.29 billion
Current Price: $76.39
PE Ratio: 28.0
Dividend Yield: 0.094
EPS: 15.87
Revenue: $30.43 billion
Net Income Margin: 15.87%
Debt to Equity: 0.143
PayPal Holdings, Inc. is an American company operating an online payments system in the majority of countries that support online money transfers, and serves as an electronic alternative to traditional paper methods like checks and money orders. The company operates as a payment processor for online vendors, auction sites, and many other commercial users, for which it charges a fee.