FOX Business reporter Eleanor Terrett tweeted that the U.S. SEC has submitted a brief to the court and plans to withdraw its lawsuit against DEBT Box. The SEC indicted DEBT Box and 18 of its principals last July for participating in a crypto-asset securities fraud scheme, and admitted in late December that it had made inaccurate statements and faced sanctions for the misleading statements. Eleanor Terrett said that the dismissal of the lawsuit theoretically opens the door for the SEC to file new lawsuits against Debt Box in the future. If the judge accepts the proposal to withdraw the lawsuit, it does not necessarily mean that the SEC can be exempted from legal liability. The judge can choose to impose monetary sanctions on the SEC for misleading the court.