SEC wins default judgment against Thor Technologies and founder

by Aurelia Butler 20 October 2023, 13:00 199 Views

On Oct. 19, the SEC announced its victory after a default judgment was issued against Chin and Thor by the U.S. District Court for the Northern District of California, San Francisco, on Wednesday, Oct.18. A default judgment is a legal ruling issued by a court when one party in a lawsuit fails to respond or defend their case within the specified legal time frame. This typically occurs when the defendant does not file an answer to the plaintiff’s complaint or appear in court as required.

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Source: Cryptocurrency - investing.com

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SEC wins default judgment against Thor Technologies and founder

Red October rumbles on as U.S. bond yields touch 5%

Wall St eyes lower open on elevated Treasury yields, Middle East worries

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