SEC lawyers resign after ‘gross abuse’ of power in crypto case — Report
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Apr 25
Michael Welsh and Joseph Watkins, lead attorneys in the SEC lawsuit against crypto platform DEBT Box, resigned after findings of “gross abuse” of power in the case. Two lawyers for the United States Securities and Exchange Commission (SEC) have reportedly resigned after a district court sanctioned the agency for “gross abuse” of power and acting in “bad faith” in a crypto case. According to an April 22 Bloomberg report, Michael Welsh and Joseph Watkins, lead attorneys in the case against cryp...

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