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Time to pay up. Oh, wait…
Last August, after suing Digital Licensing Inc. or DEBT Box, SEC attorneys were granted a temporary restraining order (TRO) against the crypto company through the use of what Judge Robert Shelby later described as “misleading” statements to the court.
When threatened with sanctions by the court, the SEC conceded “that its attorneys should have been more forthcoming with the Court,” but maintained “sanctions are not appropriate or necessary to address those issues.”
Shelby disagreed, and he sanctioned the agency for abuse of power in March.
Read more: A federal judge says SEC lawyers lied to freeze a crypto company’s assets
Now, it’s…
Read more on Blockworks