Debt Box argued that the SEC’s move to dismiss is an attempt to receive special treatment in federal courts compared to entities it regulates.
Crypto project DEBT Box asked a Utah federal judge on Feb. 14 to deny the United States Securities and Exchange Commission (SEC)’s motion to dismiss the controversial enforcement action against it.
In the filing, Debt Box characterized the SEC’s move as a strategic maneuver to evade possible sanctions and a permanent dismissal due to alleged misconduct.
The SEC submitted a motion to dismiss in January, expressing its intent to assess the evidence in the case and understand the factors that might have led its legal representatives to initially make inaccurate statements to the court.
