( May 29, 2024, 2:57 PM EDT) -- SALT LAKE CITY — A federal judge in Utah on May 28 dismissed without prejudice the Securities and Exchange Commission’s case against several defendants it accused of using a cryptocurrency scheme to defraud investors out of at least $49 million at the SEC’s request after imposing sanctions on the SEC for using false information when applying for a temporary restraining order (TRO), telling the crypto entities that dismissing the case with prejudice would amount to an additional sanction....