Judge Says SEC Abused Its Power, Made False and Misleading Representations in Case Against Crypto Firm
A federal judge in Utah has sanctioned the U.S. Securities and Exchange Commission (SEC) after the regulator copped to making an inaccurate statement in a crypto fraud case. In an order filed on Monday, US District Court Judge Robert Shelby accused the SEC of “bad faith conduct in obtaining, maintaining, and defending” a temporary restraining...