Supreme Court Curbs SEC Disgorgement Power in Crypto Case, Exchanges Celebrate
SEC Slaps Down in Crypto Case, Hands Win to Exchanges The Supreme Court just gutted a key SEC enforcement tool in a blockbuster ruling, tossing out penalties against a crypto exchange for unregistered securities sales. This 5-4 decision weakens the agency’s “disgorgement” power, forcing it to prove actual investor harm before clawing back profits. For…
