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SEC Faces Sanctions for ‘Gross Abuse of Power’ in Debt Box Case

SEC Faces Sanctions for ‘Gross Abuse of Power’ in Debt Box Case

Judge Shelby criticized SEC's use of agency status to justify actions, causing disruption with inaccuracies and falsehoods.
Mar, 25, 2024
3 min read
by CryptoPotato
Judge Says SEC Abused Its Power, Made False and Misleading Representations in Case Against Crypto Firm

Judge Says SEC Abused Its Power, Made False and Misleading Representations in Case Against Crypto Firm

A federal judge in Utah has sanctioned the U.S. Securities and Exchange Commission (SEC) after the regulator copped to making an inaccurate stateme...
Mar, 20, 2024
3 min read
by The Daily Hodl
SEC sanctioned for “Bad Faith” conduct in debt box lawsuit

SEC sanctioned for “Bad Faith” conduct in debt box lawsuit

In a significant development, a United States district court has imposed sanctions on the Securities and Exchange Commission (SEC) for what the cou...
Mar, 19, 2024
2 min read
by CryptoPolitan
Debt Box Fallout: Judge Penalizes SEC For ‘Abuse Of Power’ Over Crypto Firm

Debt Box Fallout: Judge Penalizes SEC For ‘Abuse Of Power’ Over Crypto Firm

In a scathing rebuke, a federal judge has sanctioned the US Securities and Exchange Commission (SEC) for its handling of a lawsuit against Utah-bas...
Mar, 19, 2024
3 min read
by Bitcoinist
Judge Rules Against SEC, Citing ‘Gross Abuse of Power’ in Digital Licensing Lawsuit

Judge Rules Against SEC, Citing ‘Gross Abuse of Power’ in Digital Licensing Lawsuit

The post Judge Rules Against SEC, Citing ‘Gross Abuse of Power’ in Digital Licensing Lawsuit appeared first on Coinpedia Fintech News The Securitie...
Mar, 19, 2024
2 min read
by Coinpedia
Court sanctions SEC, orders it to cover legal fees in DEBT Box case

Court sanctions SEC, orders it to cover legal fees in DEBT Box case

The US Securities and Exchange Commission (SEC) has been sanctioned over its disputed restraining order against the crypto firm DEBT Box, according...
Mar, 19, 2024
2 min read
by CryptoSlate
Court Sanctions SEC for Misconduct in Debt Box Case

Court Sanctions SEC for Misconduct in Debt Box Case

A United States district court has issued sanctions against the Securities and Exchange Commission (SEC) for what has been described as a “gross ab...
Mar, 19, 2024
2 min read
by Coingape
Binance.US Revenue Plummets 75% Amid Fallout from SEC Lawsuit

Binance.US Revenue Plummets 75% Amid Fallout from SEC Lawsuit

Binance.US lost three-quarters of its revenue after the SEC sued it, according to a new legal filing of a deposition in December 2023 by Chief Oper...
Mar, 07, 2024
2 min read
by Cryptonews
Binance.US Faces SEC Probe Over Customer Asset Handling, Cuts Two-Thirds Of Staff

Binance.US Faces SEC Probe Over Customer Asset Handling, Cuts Two-Thirds Of Staff

In the unfolding narrative of the protracted conflict between the US Securities and Exchange Commission (SEC) and Binance.US, regulatory scrutiny h...
Mar, 06, 2024
2 min read
by Bitcoinist
Binance.US Axed Two-Thirds of Staff, Revenue Tanked 75% after SEC Lawsuit: COO

Binance.US Axed Two-Thirds of Staff, Revenue Tanked 75% after SEC Lawsuit: COO

Binance's US arm imploded following SEC allegations regarding violations of securities law, according to the subsidiary’s COO Christopher Blodgett....
Mar, 06, 2024
2 min read
by Cryptonews