Judge Rebukes SEC, Orders Agency to Pay Crypto Company's Legal Fees Over 'Misleading' Actions

• Federal judge ruled SEC must pay legal costs of crypto company DEBT Box, calling SEC's actions a "gross abuse of power" • SEC had sued DEBT Box for fraud, securing asset freeze and restraining order • DEBT Box claimed SEC misled court about company moving funds and closing bank accounts • Judge wrote SEC attorneys misled court in applying for restraining order and afterwards • Judge said SEC offered "false, mischaracterized, and misleading" support in seeking restraining order