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THE ARCH
THE ARCH

Where Web3 founders, talent, and partners meet.

Daily Digest · Free
PLATFORM
  • Partners Directory
  • All Categories
  • Marketplace
  • Find a Partner
  • Docs
  • Escrow
INTELLIGENCE
  • Web3 News
  • Daily Digests
  • Intel Reports
  • Web3 Events
  • RSS Feed
  • Substack ↗
GET INVOLVED
  • Get Listed
  • Get Your Verified Badge
  • Submit an Event
  • Become an Operative
  • Refer a Client
  • Book a Call
COMPANY
  • About
  • How It Works
  • Manifesto
  • Media Kit
  • Privacy
  • Terms
© 2026 THE ARCH · All rights reserved.
PRIVACYTERMSCOOKIES
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News
Utah Man Gets 3 Years for $3M Crypto Wire Fraud, U...
CoinDesk•Friday, January 16, 2026 at 10:41 AM•1 min read

Utah Man Gets 3 Years for $3M Crypto Wire Fraud, Unlicensed Business

Share:
The Arch TakeBearish
RegulationAltcoinsTrading

A man from Southern Utah has been sentenced to three years in prison for a crypto-related wire fraud scheme. According to reports, Brian Garry Sewell defrauded investors of almost $3 million. He also operated an unlicensed cash-to-crypto business that processed over $5 million, according to federal prosecutors. The development highlights ongoing regulatory and legal scrutiny surrounding cryptocurrency businesses and potential risks to investors.

Read full story at CoinDesk
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Utah Man Gets 3 Years for $3M Crypto Wire Fraud, U...
CoinDesk•Friday, January 16, 2026 at 10:41 AM•1 min read

Utah Man Gets 3 Years for $3M Crypto Wire Fraud, Unlicensed Business

Share:
The Arch TakeBearish
RegulationAltcoinsTrading

A man from Southern Utah has been sentenced to three years in prison for a crypto-related wire fraud scheme. According to reports, Brian Garry Sewell defrauded investors of almost $3 million. He also operated an unlicensed cash-to-crypto business that processed over $5 million, according to federal prosecutors. The development highlights ongoing regulatory and legal scrutiny surrounding cryptocurrency businesses and potential risks to investors.

Read full story at CoinDesk
Share:
📱

Never miss a Web3 update

Join our Telegram channel to receive news in real-time, straight to your phone.

Join Channel

Related News

Bitcoin ETFs could mirror gold’s history of ‘spectacular gains’ and ‘painful drawdowns,’ analyst says

The Block•2h ago

Senate Crypto Bill Negotiations Reach Critical Stage: Will Bitcoin Be the Biggest Winner? - Bitcoin Foundation

Apify/Bitcoin Foundation•2h ago

HSBC wins Bank of England approval to enter Digital Securities Sandbox

Cointelegraph•4h ago

Bitcoin faces fresh headwinds as China’s Kimi beats Claude, GPT in coding benchmark

CoinDesk•5h ago
← Back to News Feed