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Securities and Exchange Commission v. Digital Licensing et al

  1. May 28, 2024

    SEC Ordered To Pay $1.8M Over Crypto Case Sanctions

    The U.S. Securities and Exchange Commission is on the hook for more than $1.8 million in attorney and receiver fees arising from its allegedly ill-gotten temporary restraining order against crypto project Debt Box, though a Utah federal judge allowed the agency the opportunity to refile the enforcement case despite protests from the defendants.

  2. April 30, 2024

    Debt Box Wants Attorney Fees Paid If SEC Brings New Action

    Crypto project Debt Box has asked a Utah federal judge to impose multiple "guardrails" if the court allows the U.S. Securities and Exchange Commission to refile its troubled registration suit against the firm, including payment of all attorney fees arising from the original, compromised suit.

  3. April 18, 2024

    SEC Faces $1.8M Atty Fee Bid After Sanctions In Crypto Case

    A court-appointed receiver and defendants in the U.S. Securities and Exchange Commission's case against crypto project Debt Box requested Wednesday that the regulator pay roughly $1.8 million in sanctions to cover the fees incurred by an allegedly ill-gotten temporary restraining order and receivership.

  4. March 18, 2024

    SEC Sanctioned Over 'Bad Faith Conduct' In Crypto Case

    A Utah federal judge sanctioned the U.S. Securities and Exchange Commission on Monday over misstatements its counsel made to obtain emergency measures against crypto project Debt Box, ordering the regulator to pay both the defense's and receiver's attorney fees as well as legal costs arising from the regulator's "bad faith conduct."

  5. February 29, 2024

    SEC Tells Utah Judge Crypto Case Dismissal Isn't Escape Bid

    The U.S. Securities and Exchange Commission told a Utah federal judge that it wants to dismiss its action against crypto project Debt Box to complete a review of the record, not to escape repercussions of earlier conduct.

  6. February 14, 2024

    Debt Box Calls SEC Dismissal Bid 'Gambit' To Avoid Sanctions

    Crypto project Debt Box urged a Utah federal judge Wednesday to deny the U.S. Securities and Exchange Commission's motion to dismiss the controversial enforcement action against it for now, calling the action a "gambit" from the regulator to avoid potential sanctions and a permanent dismissal over alleged misconduct.

  7. February 08, 2024

    Lawmakers Slam SEC Over Misstatements In Debt Box Case

    A group of Republican U.S. senators told the U.S. Securities and Exchange Commission that its alleged misrepresentations in its enforcement case against a Utah crypto project may call its other crypto lawsuits into question.

  8. January 30, 2024

    SEC To Drop Debt Box Suit For Now, Amid Sanctions Threat

    The U.S. Securities and Exchange Commission on Tuesday said it plans to drop its case against crypto project Debt Box while it conducts a review of alleged misrepresentations the agency's Utah-based attorneys made to the court, according to its latest response to potential sanctions over the matter.

  9. January 16, 2024

    Crypto Project Debt Box Says SEC 'Lies' Deserve Sanctions

    Cryptocurrency project Debt Box urged a Utah judge to levy sanctions against the U.S. Securities and Exchange Commission after the agency "concealed and suppressed" alleged falsehoods it made to the court when seeking a temporary restraining order.

  10. December 21, 2023

    SEC Says Sanctions Not Warranted After Judge's Threat

    The U.S. Securities and Exchange Commission urged a Utah federal judge Thursday not to issue sanctions after the judge found the agency misrepresented facts to obtain emergency measures against cryptocurrency project Debt Box, arguing the statements were not made in bad faith.

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