Ripple lawyer: SEC bias in handling crypto cases

Odaily News U.S. District Judge Robert Shelby issued a warning to the U.S. SEC in the case against the encryption company Debt Box. Ripple lawyer John E. Deaton said that he was not surprised by the development, which shows the SEC’s handling of encryption cases. There is personal bias. He posted on the In an order issued by Judge Robert Shelby, SEC lawyers may be sanctioned for making “misleading” arguments against crypto project Debt Box for allegedly moving its assets and investor funds overseas, leading the court to freeze the project’s assets. Bank Account. The SEC first sued Debt Box in July, accusing the company of planning to sell unregistered securities called node licenses starting in 2021.