SEC closes offices in high-profile over DEBT Box crypto lawsuit
2024-06-04 21:18:13
The Securities Exchange Commission (SEC) announced the closure of its Salt Lake City office, which was high-profile for its failure to successfully sue DEBT Box crypto firm. The SEC filed a dismissal request and a judge dismissed the case against DEBT Box. The case, which led to the resignation of lawyers and criticism of the agency, eventually led to the closure of the office. The SEC moved its Denver office to take over enforcement jurisdiction.
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