Two Securities and Exchange Commission (SEC) lawyers have resigned following the controversial debt box sanctions fiasco, according to a Bloomberg report.

Quick Summary:

Securities and Exchange Commission (SEC) were forced to resign after a federal judge sanctioned the agency last month for committing a "gross abuse of power” while attempting to secure a temporary restraining order against Utah-based crypto company Debt Box, according to a Monday report from Bloomberg.

Two lawyers for the U.S.

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Article Details

Author / Journalist: Cheyenne Ligon

Category: Crypto

Markets: United States

Topics: Regulations Policy SEC News Debt Box

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-04-22 @ 19:42:22 (1 weeks ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 20760338

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News Last Updated: 15 hours ago

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