SEC Convicted with Power Abuse Against Crypto Company Debt Box

A federal judge has ruled against the U.S. Securities and Exchange Commission (SEC), ordering it to cover legal expenses for DEBT Box, a Utah-based cryptocurrency company. The ruling comes in response to the SECs alleged gross abuse of power in pursuing a temporary restraining order against DEBT Box. Allegations and Legal Battle Last year, the SEC filed a lawsuit against DEBT Box, accusing the crypto project of fraud. The SEC claimed that DEBT Box deceived customers by purportedly selling cryptocurrency mining licenses while generating tokens through code. The SEC obtained a...


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