
The U.S. SEC has faced sanctions for misconduct in the case against Debt Box, including lying about evidence and misrepresenting the law. A federal judge imposed unprecedented sanctions on the SEC for abuse of power and misleading the court. Chair Gensler requested a significant increase in funding despite a previous $50M shortfall. The SEC's actions have been criticized as a gross abuse of power and bad faith conduct in pursuing cases against crypto platforms.









#SEC Requests More Funding to Regulate #Crypto Sector https://t.co/FzyQKKyjzj
#WorthReading SEC Sanctioned By Court for ‘Gross Abuse Of Power’ In Crypto Case https://t.co/vkkPzOV7jd #WorthReading
SEC attorneys acted in ‘bad faith’ in Utah crypto firm’s fraud case, judge rules https://t.co/fert7Mh1jp