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SEC Ordered to Pay $1.8M for Misconduct — Debt Box Hails ‘Monumental Victory’ for Crypto Industry

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SEC Ordered to Pay .8M for Misconduct — Debt Box Hails ‘Monumental Victory’ for Crypto Industry
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Source: Bitcoin.com

SEC Ordered to Pay Over $1.8 Million for Misconduct in Debt Box CaseA federal judge has ordered the U.S. Securities and Exchange Commission (SEC) to pay over $1.8 million in its case against the crypto firm Digital Licensing, also known as Debt Box. The penalty resulted from the SEC’s bad faith conduct in obtaining and defending an ex parte temporary restraining order (TRO) based on misrepresentations. Additionally, […]

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Author: Kevin Helms

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