Confession from SEC: Admitted to Making False Statements in Cryptocurrency Case!

The US Securities and Exchange Commission (SEC) admitted to making false statements about the cryptocurrency company.

SEC in August DEBT Box He admitted that he made false statements in the accusation he made for the cryptocurrency company operating under his name. SEC in those days Fraud of over 50 million dollars He claimed he did.

In early December, a federal judge ruled that a cryptocurrency company’s assetsfalse and deceptiveHe warned the SEC for persuading him to freeze it for “reasons.” Finally Utah Judge Robert, United States district judge for the District J. Shelbythe SEC’s reasoning behind its accusations, and Why should sanctions be imposed? He requested a detailed explanation.

On top of this request made false statements The SEC, accepting the firm’s insists on freezing assets happened. Among the false claims the SEC acknowledged were that DEBT Box closed dozens of accounts and attempted to smuggle customer funds abroad.

Despite all this They acted in good faith Stating that it was not intended to be defamatory, the SEC argued that the criminals were still guilty.

The SEC also said it had taken steps to correct its errors and that the commission From the Denver Regional Office He stated that he appointed senior lawyers to oversee the case going forward.

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