U.S. judge dismisses Debt Box case and orders SEC to pay $1.8 million in fees
According to a federal judge's order, the US SEC has been ordered to pay approximately $1.8 million in legal fees and takeover fees related to a civil case against Digital Licensing, which operated under the name Debt Box. The judge cited a ruling from March that found the SEC had acted with "malicious intent" in its temporary restraining order freezing Debt Box's assets. The company later filed documents with the court claiming that the SEC's information was inaccurate. Earlier reports stated that the SEC had filed a lawsuit against Debt Box in July 2023, accusing the company of implementing an illegal $50 million cryptocurrency scheme. (cointelegraph)
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