38 seems young to quit. Is there another story here?
Starting next week, it's open season on suckers. It's going to be like the glory days of the Tel Aviv binary options scammers, who at one time were 40% of the Israeli finance sector and had good political connections.[1] Crypto deregulation is coming. No more CFPB enforcement! No more SEC enforcement!
There are still people who haven't lost money in crypto yet who can be targeted. They're all little people. No one will help them. Just pay off some influencers and start up your scam.[2]
[1] https://www.timesofisrael.com/topic/binary-options-fraud/
When I started at Goldman Sachs 25 years ago, I was told early on of an "Israeli discount" and "Canadian discount"; that is, investors were more skeptical of companies based in those countries.
I was not told of any more details than that at the time, but I now wonder if what you said is the cause?
In the US, south Florida seems to be the scam capital.
Soon the only crime will be exposing fraud.
https://www.reuters.com/legal/government/adani-group-threate...
P.S. where did you see Block suing Hindenburg? The closest thing I can find is 'Block said it intended to “explore legal action” against Hindenburg, who sought to “deceive and confuse” Block investors to “profit from a declined stock price.”' which is just PR speak
They should be. If doesn't matter how well everything is documented or how above-board the company is when the courts turn into kangaroo courts for a thoroughly corrupt administration. They're right to get out now while they still can.
Sorry I really don't get what you are trying to say. In order to lose in court, you need to first find a law where Hindenburg could be breaking. But I don't see that happening, especially as it's almost impossible for them to be found guilty of defamation due to the First Amendment.
> the committee confirmed previously stated findings that there was "no evidence of fraud or misconduct on the part of management or the board of directors."