(July 25, 2023, 8:51 AM EDT) -- NEW YORK — A federal magistrate judge in New York directed the Securities and Exchange Commission and a digital asset firm accused of offering or selling billions of units of its digital token as securities without registering them to provide “three mutually convenient dates to schedule a settlement conference if they believe it would be productive”; the order came five days after a federal judge determined that the “Institutional Sales . . . constituted the unregistered offer and sale of investment contracts in violation of Section 5 of the Securities Act.”...