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Utah crypto company CEO investigated for fraud after $9B valuation

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An up-and-coming Utah businessman was arrested this week after authorities say he was involved in a scheme that used investor funds to purchase luxury vehicles and real estate.

<p>SALT LAKE CITY — An up-and-coming Utah businessman was arrested Wednesday after authorities say he was involved in a scheme that used investor funds to purchase luxury vehicles and real estate.

 Smith was arrested in Bethlehem, New Hampshire, according to the U.S. Attorneys Office&#x3B; as of Thursday afternoon, Nagy remained at large.</p><p>&quot&#x3B;Mr.

 

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Utah crypto CEO is arrested after company grows to $9B valueAn up-and-coming Utah businessman was arrested this week after authorities say he was involved in a scheme that used investor funds to purchase luxury vehicles and real estate.
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