📣 Legal drama alert! Two SEC lawyers, Michael Welsh and Joseph Watkins, reportedly threw in the towel after a court accused the agency of a “gross abuse” of power in a crypto case. The case in question? A $50 million crypto fraud scheme involving DEBT Box. Court decision? The SEC's evidence "lacked any basis whatsoever" and was presented in a "deliberately false and misleading manner." Ouch! This comes amid growing criticism of the SEC's “regulation through enforcement” strategy, with some arguing that it stifles innovation and weakens US competitiveness in the digital assets space. Stay tuned for more crypto courtroom drama! 🎬