SEC Again Seeks Dismissal Of Enforcement Action After Judge’s Sanctions

( April 17, 2024, 3:18 PM EDT) -- SALT LAKE CITY — The Securities and Exchange Commission again moved to dismiss its own case against several groups it accused of using a cryptocurrency scheme to defraud investors out of at least $49 million, saying it will allow the commission more time to determine whether to refile the case after a federal judge in Utah imposed sanctions on it for using false information when applying for a temporary restraining order (TRO)....