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Judge dismisses Debt Box case, orders SEC to pay $1.8 million in attorney fees and litigation costs

Judge dismisses Debt Box case, orders SEC to pay $1.8 million in attorney fees and litigation costs

CointimeCointime2024/05/29 00:37
By:Cointime

A US federal judge has ordered the Securities and Exchange Commission (SEC) to pay approximately $1.8 million in legal and receivership fees related to the civil case against Digital Licensing (a company that conducted business under the name Debt Box). On May 28th, a Utah state court submitted a document, and Judge Robert Shelby signed an order requiring the SEC to pay approximately $1 million in legal and litigation fees, as well as $750,000 in receivership and litigation fees. On the same day the order was issued, the court also announced the dismissal of the case, refusing to accept it.

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