SEC freezes assets of DEBT Box, alleging $50M node license ‘sham’ By Cointelegraph

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The United States Securities and Exchange Commission has obtained a temporary asset freeze against Utah-based crypto company Digital Licensing Inc, accusing the firm of perpetrating a $50 million fraudulent crypto scheme.

On Aug. 3 the SEC announced it had obtained a temporary asset freeze, restraining order, and other emergency relief against Digital Licensing Inc., which was operating as “DEBT Box.”

Screenshot shows DEBT Box’s explainer of how the node license works. Source: DEBT Box
“Mining” projects offered on DEBT Box. Source: thedebtbox.com