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3232SEC Ordered to Pay $1.8M for Misconduct — Debt Box Hails ‘Monumental Victory’ for Crypto Industry
https://www.digit.info/sec-ordered-to-pay-1-8m-for-misconduct-debt-box-hails-monumental-victory-for-crypto-industry/
Wed, 29 May 2024 21:21:14 +0000https://www.digit.info/2024/05/29/sec-ordered-to-pay-1-8m-for-misconduct-debt-box-hails-monumental-victory-for-crypto-industry/Read more]]>A 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, […]