SEC Committed ‘Gross Abuse of Power’ in Suit Against Crypto Company, Federal Judge Rules

In an order Monday, Chief Judge Robert Shelby, from the District of Utah, wrote that the SEC’s attorneys misled the court both in applying for a temporary restraining order as well as afterward, when DEBT Box filed to dissolve the order, noting at the end that the order is focused on the TRO question, and not the underlying case.