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Fortune
Fortune
Leo Schwartz

FORGOTTEN HISTORY: Sec deeply regrets errors in crypto case asks judge to waive sanctions after misleading statements | History Defined

Gary Gensler (Credit: Bill Clark-Pool—Getty Images)

Attorneys for the Securities and Exchange Commission apologized to a judge on Thursday for misrepresenting facts used to secure a restraining order and asset freeze against a crypto firm.

In a filing submitted to the U.S. District Court of Utah, in response to the judge's order to show cause for its misstep, the SEC attorneys wrote that the commission "deeply regrets these orders" and promised to conduct mandatory training for staff members involved in the investigation.

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