Supreme Court Slams Shut SEC’s Dismiss-and-Refile Loophole, Crypto Exchanges Rally
SEC Slaps Down in Crypto Securities Case, Boosting Exchanges The Supreme Court just kneecapped the SEC’s favorite enforcement trick, ruling 6-3 that its statute of limitations doesn’t restart when agencies refile identical lawsuits. In a case pitting the agency against investor Paul Bilzerian, the Court said the SEC can’t dodge the five-year clock by dismissing…
