Federal Judge Criticizes SEC for Misuse of Power in Crypto Fraud Trial
SEC Lawyers Resign Amid Criticism
In a recent blow to the U.S. Securities and Exchange Commission (SEC), two lead attorneys have stepped down following harsh criticism from a federal judge for their alleged misuse of power during a high-profile crypto fraud trial.
Judge's Rebuke and Internal Changes
The judge's scathing remarks highlighted what was deemed as an abuse of authority within the agency, leading to the resignations of the attorneys at the center of the controversy.
The development has sparked discussions within the SEC about the need for internal reforms and a reassessment of its enforcement practices in similar cases.
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