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Public opinion on SEC's conduct in DEBT Box case by 2024
5
Resolution / Starting Odds
Mostly Positive • 25%
Neutral • 25%
Mostly Negative • 25%
No Opinion • 25%
Public opinion polls or major news outlet surveys
Story
Judge Shelby Orders SEC to Pay $1.8M in Damages for Abusing Power Against DEBT Box in 2023
May 28, 2024, 10:28 PM
A U.S. District Court judge has dismissed the SEC's case against the cryptocurrency company DEBT Box, ordering the SEC to pay $1.8 million in damages. The ruling, delivered by Judge Robert Shelby, cited the SEC's bad faith conduct in a previous March ruling involving a temporary restraining order to freeze DEBT Box's assets. This decision marks a significant setback for the SEC, as it highlights the misuse of authority by the regulatory body. The damages stem from a civil lawsuit filed in 2023, and the fine will be paid using taxpayer money.
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Appeal • 33%
New case filing • 33%
No further action • 33%
Generally Positive • 33%
Neutral • 33%
Generally Negative • 34%
Majority approval of SEC's approach • 33%
Majority disapproval of SEC's approach • 33%
Mixed or no clear majority opinion on SEC's approach • 34%
Mostly positive • 25%
Mostly negative • 25%
Mixed reactions • 25%
Indifferent • 25%
Significantly negative • 25%
Somewhat negative • 25%
Neutral or no change • 25%
Positive • 25%
Predominantly negative • 33%
Predominantly positive • 33%
Mixed or no significant reaction • 34%
Mostly favorable • 25%
Mostly unfavorable • 25%
Divided opinions • 25%
Indifference • 25%
Mostly positive • 33%
Mixed feelings • 34%
Mostly negative • 33%
Strongly negative • 25%
Somewhat negative • 25%
Neutral • 25%
Positive • 25%
Mostly viewed as fair • 50%
Mostly viewed as unfair • 50%