Utah Man Sentenced to Three Years for $2.9M Crypto Cash Fraud

A federal judge sentenced Brian Garry Sewell to prison after prosecutors said he defrauded investors of about $2.9 million while operating an unlicensed cash-to-crypto transmission business. Authorities concluded he converted more than $5.4 million in cash into cryptocurrency for third parties, including transactions they linked to illicit activity, underscoring how weak on-ramp controls can be […]