December 08, 2023
A new set of attorneys with the U.S. Securities and Exchange Commission will handle the regulator's response to a Utah federal judge's demand for insight on alleged misrepresentations made by the regulator to obtain emergency measures against crypto project Debt Box.
December 05, 2023
Defendants in the U.S. Securities and Exchange Commission's case against crypto project Debt Box have urged a federal judge to toss the case after he found the agency misrepresented certain facts to secure a temporary restraining order, arguing the SEC "also got the complaint badly wrong."
December 01, 2023
A Utah federal judge has ordered the U.S. Securities and Exchange Commission to explain why it shouldn't face sanctions after he found that the agency may have misrepresented key facts to obtain a temporary restraining order against cryptocurrency project Debt Box.
November 14, 2023
The U.S. Securities and Exchange Commission told a Utah federal judge on Monday that its case against the entities behind crypto project Debt Box should remain in play since its claims show how the businesses allegedly made false statements surrounding assets that meet the characteristics of securities.
October 06, 2023
The marketing business that promoted crypto project Debt Box told a Utah federal judge on Friday that the U.S. Securities and Exchange Commission's claims that it advertised a $49 million fraud should be thrown out since the assets at issue are not securities.
August 03, 2023
The U.S. Securities and Exchange Commission said Thursday it has obtained a temporary asset freeze, restraining order and other emergency relief against a Utah-based entity, its four principals and 13 other defendants in connection with an alleged fraudulent scheme that sold cryptocurrency asset securities to investors and raised approximately $49 million.