SEC’s Misstep in Debt Box Lawsuit Sparks Senate Republican Critique

Five Republican senators have criticized the SEC for unethical conduct in a lawsuit against Digital Licensing, highlighting concerns about enforcement practices in the crypto sector.
The U.S. Securities and Exchange Commission (SEC) has found itself at the center of controversy following its lawsuit against Digital Licensing, operating as Debt Box. The case took an unexpected turn when the SEC admitted to not being “accurate and candid” in its filings with the U.S. District Court for the District of Utah, Northern Division. This admission prompted a request to the court for dismissal of the case, a move that has …

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