A judge criticized two SEC attorneys because of misrepresentations, false statements, and lack of evidence
Two SEC attorneys, Michael Welsh and Joseph Watkins, resigned following a judge's sanction and criticism over handling a crypto case against DEBT Box. The resignations come amid allegations of false statements and misrepresentations in court, leading to a significant legal and public relations debacle for the SEC.
The global news outet labeled several blockchains as "Crypto Zombies" with no utility
Ripple's CTO, David Schwartz, counters claims, emphasizing transparency and regulation compliance