SEC Lawyers Resign After Judge Sanctions the Regulator for 'Gross Abuse of Power' – Legal Bitcoin News

Bitcoin News— Two lead attorneys for the U.S. Securities and Exchange Commission (SEC) in the case against crypto firm Debt Box have reportedly resigned. This followed a federal judge sanctioning the SEC for its “gross abuse of power” after the agency made “materially false and misleading representations” in its lawsuit against the cryptocurrency firm. Lead Attorneys in […]

Bloomberg—Two SEC Lawyers Resign After Agency Censured for Abuse of Power in Crypto Case. Two Securities and Exchange Commission lawyers resigned after a federal judge sanctioned and sharply rebuked the Wall Street regulator for...

Yahoo Finance—Two SEC Lawyers Resign After Agency Censured for Abuse of Power in Crypto Case. (Bloomberg) -- Two Securities and Exchange Commission lawyers resigned after a federal judge sanctioned and sharply rebuked the Wall Street regulator for “gross abuse” of power in a crypto case. Most Read from BloombergTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayTikTok to Remove Executive Tasked With Fending Off US ClaimsRay Dalio’s Famous Trade Is Sputtering and Investors Are BailingUS Dollar’s Extended Reign Delivers Stark Wake-Up Call for MarketsS&P 500 Tops 5,000 as...

Bitcoin News—'ETH Should Not Be Treated as a Security' — Consensys Sues SEC Over Ethereum Regulations – Legal Bitcoin News. In a significant legal move, Consensys has initiated a lawsuit against the U.S. Securities and Exchange Commission (SEC) to protect the Ethereum blockchain from what it deems overreaching regulations. A report further alleges that the SEC issued a Wells Notice to Consensys, asserting that Metamask functions as an “unlicensed broker-dealer.” Consensys Confronts SEC Following Receipt […]