Two SEC Lawyers Forced to Resign Over Debt Box Sanctions Controversy
Monday, 22 April 2024, 19:42
Resignations at SEC
Two lawyers at the U.S. Securities and Exchange Commission (SEC) were compelled to resign due to a federal judge's criticism of the agency. The judge condemned the SEC for its actions against Debt Box.
Sanctions Incident
The SEC faced repercussions for what the judge called a 'gross abuse of power' while seeking a restraining order against the crypto firm.
- Outcome: Resignation of the two lawyers
- Reprimand: Judge's scathing criticism
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