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SEC ‘deeply regrets’ errors related to crypto firm enforcement case
Lawyers representing the United States Securities and Exchange Commission have responded in court over claims they spun a “false narrative” to avoid dismissal of an enforcement case against a mining software firm. In Dec. 21 filings in U.S. District Court for the District of Utah, Northern Division, the SEC said it had failed to be “accurate and candid” in earlier court filings claiming software firm Debt Box closed certain bank accounts and planned to relocate to the United Arab Emirates in an alleged attempt to escape the commission’s jurisdiction. According to the filing, the SEC failed to correct a ... (full story)