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Digital Licensing – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Wed, 29 May 2024 21:21:14 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Digital Licensing – DIGIT INFO https://www.digit.info 32 32 SEC 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 +0000 https://www.digit.info/2024/05/29/sec-ordered-to-pay-1-8m-for-misconduct-debt-box-hails-monumental-victory-for-crypto-industry/ Read more]]> 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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]]> DEBT Box urges judge to toss suit as SEC got case ‘badly wrong’ https://www.digit.info/debt-box-urges-judge-to-toss-suit-as-sec-got-case-badly-wrong/ Wed, 06 Dec 2023 03:34:28 +0000 https://www.digit.info/2023/12/06/debt-box-urges-judge-to-toss-suit-as-sec-got-case-badly-wrong/

The SEC initially misled a court to freeze DEBT Box’s assets, which has since been reversed, and the firm cited the incident as grounds to dismiss the suit.

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