May 16, 2024
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SEC attorneys sanctioned in Debt Box crypto case

  • March 20, 2024

A federal judge in Utah has sanctioned attorneys for the Securities and Exchange Commission, saying in a scathing ruling that their argument to freeze the assets of a Utah-based cryptocurrency company included misleading evidence. SEC lawyers last July successfully petitioned for a temporary restraining order and an asset freeze against DEBT Box, arguing the company’s

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Crypto

Republican senators slam SEC over ‘deeply troubling’ conduct in crypto case

  • February 8, 2024

Several Republican senators slammed the Securities and Exchange Commission (SEC) on Wednesday over its “deeply troubling” conduct in a recent case against the cryptocurrency company DEBT Box. The SEC brought the case against DEBT Box in July, accusing the company of “an ongoing, sprawling, fraudulent securities offering” that defrauded investors of at least $49 million.

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