The U.S. Securities and Exchange Commission (SEC) faced major repercussions after a federal judge concluded that the agency had misused its authority in a case against a crypto firm. Two SEC lawyers, Michael Welsh and Joseph Watkins, reportedly resigned this month following severe criticism from the judge regarding the agency’s tactics. The two lawyers served as lead attorneys in the SEC’s case against Digital Licensing Inc., a cryptocurrency platform also known as Debt Box. Sources familiar with the situation revealed to Bloomberg Monday that an SEC official informed the lawyers that they would be terminated if they did not resign.
LIVE
Mkt Cap $2.29T
BTC Dom 56.77 %
BTC
$64,866.00
▲ +0.80%
ETH
$1,914.70
▲ +0.50%
USDT
$0.999466
▲ +0.00%
BNB
$592.20
▲ +0.10%
USDC
$0.999707
▲ +0.00%
XRP
$1.02
▼ -1.40%
SOL
$73.71
▲ +1.20%
TRX
$0.327371
▲ +0.20%
FIGR_HELOC
$1.03
▲ +2.50%
HYPE
$54.15
▼ -3.10%
DOGE
$0.069691
▲ +0.90%
USDS
$0.999939
▲ +0.00%
RAIN
$0.012714
▲ +1.30%
LEO
$9.76
▲ +0.10%
ZEC
$511.75
▲ +2.90%
ADA
$0.200918
▼ -2.10%
XMR
$377.28
▲ +1.90%
WBT
$56.10
▲ +0.60%
LINK
$8.18
▼ -0.60%
XLM
$0.161332
▼ -0.40%
DAI
$0.999895
▲ +0.00%
BCH
$214.79
▲ +0.70%
USD1
$0.999859
▲ +0.00%
USDE
$0.999744
▲ +0.00%
GRAM
$1.35
▼ -1.80%
Mkt Cap $2.29T
BTC Dom 56.77 %
BTC
$64,866.00
▲ +0.80%
ETH
$1,914.70
▲ +0.50%
USDT
$0.999466
▲ +0.00%
BNB
$592.20
▲ +0.10%
USDC
$0.999707
▲ +0.00%
XRP
$1.02
▼ -1.40%
SOL
$73.71
▲ +1.20%
TRX
$0.327371
▲ +0.20%
FIGR_HELOC
$1.03
▲ +2.50%
HYPE
$54.15
▼ -3.10%
DOGE
$0.069691
▲ +0.90%
USDS
$0.999939
▲ +0.00%
RAIN
$0.012714
▲ +1.30%
LEO
$9.76
▲ +0.10%
ZEC
$511.75
▲ +2.90%
ADA
$0.200918
▼ -2.10%
XMR
$377.28
▲ +1.90%
WBT
$56.10
▲ +0.60%
LINK
$8.18
▼ -0.60%
XLM
$0.161332
▼ -0.40%
DAI
$0.999895
▲ +0.00%
BCH
$214.79
▲ +0.70%
USD1
$0.999859
▲ +0.00%
USDE
$0.999744
▲ +0.00%
GRAM
$1.35
▼ -1.80%
BTC
$64,866.00
▲ +0.80%
ETH
$1,914.70
▲ +0.50%
USDT
$0.999466
▲ +0.00%
BNB
$592.20
▲ +0.10%
USDC
$0.999707
▲ +0.00%
XRP
$1.02
▼ -1.40%
SOL
$73.71
▲ +1.20%
TRX
$0.327371
▲ +0.20%
FIGR_HELOC
$1.03
▲ +2.50%
HYPE
$54.15
▼ -3.10%
DOGE
$0.069691
▲ +0.90%
USDS
$0.999939
▲ +0.00%
RAIN
$0.012714
▲ +1.30%
LEO
$9.76
▲ +0.10%
ZEC
$511.75
▲ +2.90%
ADA
$0.200918
▼ -2.10%
XMR
$377.28
▲ +1.90%
WBT
$56.10
▲ +0.60%
LINK
$8.18
▼ -0.60%
XLM
$0.161332
▼ -0.40%
DAI
$0.999895
▲ +0.00%
BCH
$214.79
▲ +0.70%
USD1
$0.999859
▲ +0.00%
USDE
$0.999744
▲ +0.00%
GRAM
$1.35
▼ -1.80%
Mkt Cap $2.29T
BTC Dom 56.77 %
BTC
$64,866.00
▲ +0.80%
ETH
$1,914.70
▲ +0.50%
USDT
$0.999466
▲ +0.00%
BNB
$592.20
▲ +0.10%
USDC
$0.999707
▲ +0.00%
XRP
$1.02
▼ -1.40%
SOL
$73.71
▲ +1.20%
TRX
$0.327371
▲ +0.20%
FIGR_HELOC
$1.03
▲ +2.50%
HYPE
$54.15
▼ -3.10%
DOGE
$0.069691
▲ +0.90%
USDS
$0.999939
▲ +0.00%
RAIN
$0.012714
▲ +1.30%
LEO
$9.76
▲ +0.10%
ZEC
$511.75
▲ +2.90%
ADA
$0.200918
▼ -2.10%
XMR
$377.28
▲ +1.90%
WBT
$56.10
▲ +0.60%
LINK
$8.18
▼ -0.60%
XLM
$0.161332
▼ -0.40%
DAI
$0.999895
▲ +0.00%
BCH
$214.79
▲ +0.70%
USD1
$0.999859
▲ +0.00%
USDE
$0.999744
▲ +0.00%
GRAM
$1.35
▼ -1.80%
