Utah Man Sentenced to Three Years for Crypto-Linked Fraud and Illegal Money Transfers

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Jan 17 2026

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Investment Fraud Case: Brian Garry Sewell was sentenced to three years in prison for running a fraudulent hedge fund and an unlicensed crypto cash conversion operation, with prosecutors stating he defrauded investors of nearly $3 million, highlighting increased enforcement against unlicensed crypto activities.
Cryptocurrency Operations: Sewell operated a service through Rockwell Capital Management to convert cash into digital assets without registration or licensing, with over $5 million flowing through the operation, some transactions linked to drug trafficking, underscoring the illegal nature of his business.
Court Ruling and Penalties: The judge sentenced Sewell to three years in prison, requiring him to repay over $3.6 million to victims and an additional $200,000 to government agencies, reflecting a strong crackdown on financial crimes.
Importance of Compliance: This case emphasizes the significance of credibility, licensing status, and compliance frameworks in the crypto space, indicating that regulators are intensifying their focus on unlicensed crypto services, warning investors to be cautious about investment claims.

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Technical Analysis for ROSE

Technical Sentiment Analysis for Oasis (ROSE) As of , Oasis (ROSE) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 3 indicators are flashing buy, while 4 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ROSE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, ROSE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Oasis (ROSE) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.0025	0.0071	0.0112	0.0158	0.0198	0.0244	0.0285
Fibonacci	0.0071	0.0104	0.0124	0.0158	0.0191	0.0211	0.0244

About ROSE

Oasis is the pioneering layer 1 blockchain designed to enable scalability and confidential compute. Oasis is home to Sapphire, the first confidential EVM that empowers Web3 and Decentralized AI developers to build dApps with Smart Privacy natively on Oasis or other EVM-based chains.ROSE is the native token of the Oasis Network used for gas fees, staking, delegation and governance. With a unique layered architecture, Oasis presents the optimal building and execution environment for DeFi, AI, GameFi, NFTs, the metaverse, data tokenization and DAO governance. Oasis also has native support for rollups at the consensus layer.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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