Gary Gensler is the current chair of the U.S. Securities and Exchange Commission (SEC)
the staff of the Ridgewood blog
Ridgewood NJ, in a ruling issued on Monday, Chief Judge Robert Shelby of the District of Utah found that the SEC’s legal representatives had deceived the court both during the application for a temporary restraining order (TRO) and subsequently when DEBT Box moved to dissolve the order. Judge Shelby emphasized that the order specifically addresses the TRO matter and not the underlying case.
As part of the court’s sanctions, the SEC will be obligated to cover the legal fees of the defendants and receivers, according to the judge’s decision.
“The evidence presented by the Commission in seeking and defending the TRO turned out to be either false, misrepresented, or misleading in varying degrees,” the order stated. “Moreover, the Commission not only persisted in and reaffirmed its misstatements despite contrary evidence but also introduced new inaccuracies to the court, attempting to subtly pivot from its previous misrepresentations without acknowledging its prior errors.”
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See also the multiple Abuse of Power cases against Trump.
(regardless of your feelings about him personally)