SEC Committed 'Gross Abuse of Power' in Suit Against Crypto Company, Federal Judge Rules

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A federal judge ruled that the U.S. Securities and Exchange Commission must pay legal costs for Debt Box, a Utah-based crypto company the SEC brought a suit against, finding that the regulator had committed a "gross abuse of power" in its efforts to secure a temporary restraining order.

Source: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

#Policy, #News, #Regulations, #SEC

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