SEC 'deeply regrets' errors in crypto case

Wow. This kind of egregious fraud on the court by a government enforcement agency is really bad. Especially because judges (and juries) tend to grant law enforcement and government agencies significant trust and latitude. I hope the judge thoroughly penalizes this behavior because it happens a lot more often than it is caught, exposed and corrected.

Re: SEC 'deeply regrets' errors in crypto case

#5

Post by StimDeck » Sun, Dec 24, 2023, 12:49 AM UTC

jbverschoor wrote: post #3

So who’s the fraudster?

> The rare rebuke of the agency stemmed from litigation filed by the SEC in July against the crypto firm Digital Licensing Inc., or DEBT Box.

Re: SEC 'deeply regrets' errors in crypto case

#6

Post by KRAKRISMOTT » Sun, Dec 24, 2023, 1:37 AM UTC

jbverschoor wrote: post #3

So who’s the fraudster?

The indifferent bureaucrats

Re: SEC 'deeply regrets' errors in crypto case

#7

Post by g42gregory » Sun, Dec 24, 2023, 5:13 AM UTC

mrandish wrote: post #4

Wow. This kind of egregious fraud on the court by a government enforcement agency is really bad. Especially because judges (and juries) tend to grant law enforcement and government agencies significant trust and latitude. I hope the judge thoroughly penalizes this behavior because it happens a lot more often than it is caught, exposed and corrected.

Not to worry, - they promised to punish the perpetrators by mandatory training.