U.S. judge dismisses Debt Box case and orders SEC to pay $1.8 million in fees

A federal judge has ordered the SEC to pay approximately $1.8 million in attorney fees and receivership fees related to the regulator’s civil case against Digital Licensing, which does business as Debt Box. The judge cited a ruling in March that the SEC “acted in bad faith” in a 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, the SEC filed a lawsuit against Debt Box in July 2023, accusing the company of an illegal $50 million crypto scheme. (Cointelegraph)