Court sanctions Securities and Exchange Commission for misconduct in DebtBox case

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A U.S. district court has imposed sanctions against the Securities and Exchange Commission for its conduct and actions taken against Utah-based crypto firm DebtBox.

<p>SALT LAKE CITY — A U.S. district court has imposed sanctions against the Securities and Exchange Commission for its conduct and actions taken against Utah-based crypto firm DebtBox.

 conduct constitutes a gross abuse of the power entrusted to it by Congress and substantially undermined the integrity of these proceedings and the judicial process,&quot&#x3B; Shelby wrote in his 80-page ruli

 

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