The Debt Box News

Former FTX CEO Sam Bankman-Fried has also returned to the Metropolitan Detention Center in Brooklyn after spending a week at the Federal Transfer Center in Oklahoma City.

The Securities and Exchange Commissions Salt Lake City office – notorious in the crypto world for its failed fraud lawsuit against DEBT Box – will shut down after seeing "significant attrition" among its staff, some of whom were pushed out over the...

The SEC’s case against Debt Box was dismissed just months after a March ruling that found the regulator acted in bad faith regarding a restraining order to freeze Debt Boxs assets.

The US District Court for the District of Utah has dismissed the SEC’s case against DEBT Box without prejudice and imposed over $1.8 million in fines against the watchdog for bad faith conduct. The fines, which come in the form of attorney fees and...

Two SEC lawyers have resigned following controversies in the regulator’s legal case against crypto firm DEBT Box. Bloomberg reported on April 22 that Michael Welsh and Joseph Watkins, who served as lead SEC attorneys in the ongoing case, resigned in...

US District Judge Robert Shelby sanctioned the SEC for abuse of power in its case against DEBT Box, casting a shadow over the SEC’s regulatory tactics. The post US Judge Sanctions Gary Gensler’s SEC for Abuse in Crypto Case appeared first on...

The US Securities and Exchange Commission (SEC) has been sanctioned over its disputed restraining order against the crypto firm DEBT Box, according to a March 18 court filing. As a result of the SEC’s misconduct, the court has mandated the...

Letter to SEC Chairman On the 7th, four U.S. senators, including Rep. Cynthia Lummis, who is known as a supporter of crypto assets (virtual currencies), sent a letter to U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler, stating...

Several Republican senators have criticized the SEC’s recent mishandling of the DEBT Box case as “unethical” and raised questions about the watchdog’s regulatory approach under the leadership of chair Gary Gensler. The five senators said in a letter...

The U.S. Securities and Exchange Commissions admission that it misrepresented evidence in a lawsuit against the blockchain project DEBT Box casts doubt on its wider enforcement practices, several Republican senators argued in a letter to Chair Gary...