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Gate Square New & Returning Creator Rewards are ongoing!
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Deep Tide TechFlow News, January 16 — According to Decrypt, the U.S. Department of Justice recently announced that 54-year-old Brian Garry Sewell, a resident of Washington County, Utah, was sentenced to three years in federal prison, plus three years of supervised release, for operating an unregistered cash-to-cryptocurrency business and defrauding investors of nearly $2.9 million.
The court also ordered Sewell to pay over $3.8 million in restitution, including payments to investors and the Department of Homeland Security. According to prosecutors, Sewell, from December 2017 to April 2024, defrauded at least 17 investors by falsely claiming his experience, educational background, and profitability.