Washington County men accused in $2M crypto scheme indicted in federal court

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Two Washington County men suspected of operating an unlicensed money transfer scheme to fraudulently convert bulk cash into cryptocurrency have been indicted in federal court.

<p>ST. GEORGE — Two Washington County men suspected of operating an unlicensed money transfer scheme to fraudulently convert bulk cash into cryptocurrency have been indicted in federal court.

</p><p>Documents filed in federal court allege that starting in March of 2020, Sewell and Ellsworth participated in a scheme managing an unlicensed money transfer business without registering the business&#x

 

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