The United States Securities and Exchange Commission (SEC) has filed a complaint against Debt Box and other defendants, alleging that the firm was engaged in a fraudulent conspiracy to offer unregistered securities to investors. The action is being brought against Debt Box and other defendants. In August of 2023, the Securities and Exchange Commission (SEC) won a temporary asset freeze and restraining order against Debt Box, its four proprietors, and thirteen additional defendants. The SEC said that the scam was responsible for the raising of about fifty million dollars, in addition to undefined sums of Bitcoin and Ether. According to the Securities and Exchange Commission (SEC), Debt Box was accused of selling “node licenses” that were represented as a mechanism to earn crypto asset tokens via mining operations. However, the SEC said that these “node licenses” were, in fact, a counterfeit.
Concerns Regarding the SEC’s alleged…
