Loan Digest

SEC 'trampled' by courts, with DEBT Box as the latest case, says Rep. French Hill

  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 53%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

Rep. French Hill said the SEC is getting 'trampled' by the courts in cases involving digital assets, and cited the recent DEBT Box ruling as the latest example.

The Securities and Exchange Commission is being "trampled" by the federal courts in cases involving digital assets, with DEBT Box being the latest example, said Rep. French Hill, R-Ark.

Hill cited a ruling by a Utah judge, Robert Shelby, on Monday that said the SEC acted in bad faith and ordered the agency to pay sanctions, including attorney's fees and costs following charges it lodged against crypto startup DEBT Box. Judge Shelby also denied the SEC's move to dismiss the case without prejudice, meaning the regulator could have refiled its case.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 464. in LOANS

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Debt Consolidation in San Antonio, Texas, with Debt Relief ServicesGet Debt Relief in San Antonio, Texas, by calling 210-503-1099 or visiting debtredemption.com/WOAI to get debt relief services for up to 40% less than most out-
Source: News4SA - 🏆 251. / 63 Read more »