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SEC Dangles $50K Exit Pay As Crypto Enforcement Team Shrinks

  • The SEC is cutting down its workforce and offering a $50,000 exit pay to employees.
  • The downsizing of the SEC is part of the government-wide campaign to reduce spending.
  • Permanent employees of the SEC before January 24, 2025, can choose to resign or retire.
  • There is an option to relocate the SEC office to less costly parts of the country.

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