Utah mining software firm DEBT Box faces charges over alleged $50M scam
The U.S. securities regulator alleges that the company solicited investment for software mining licenses that generate tokens that are reported created instantaneously.
Latest Utah News
Utah digital asset project Green United duped $18M from investors: SEC
In a lawsuit filed in Utah, securities regulator accuses Green United and its founders of duping investors into buying GREEN token mining machines, yet the tokens didn’t exist.
DOJ charges Utah man, 2 of his companies with multiple counts of digital asset fraud
The risks of investing in digital assets were highlighted once again following the charges slapped against a Utah man who allegedly scammed investors over $2 million through social media.
Utah governor signs bill creating blockchain and digital innovation task force
House Bill 335, which was first introduced in February, mandates the task force to work on policy recommendations for the state's adoption of digital currency and blockchain technology.
Utah employs blockchain for medical records sharing
Utah has teamed up with HHS Technology Group to design and employ a blockchain-powered solution for sharing patient records.
Utah county to allow elections on a blockchain
Utah joined a small handful of other states in the U.S. when it announced that it was ready to fully embrace the use of blockchain technology.
Utah launches regulatory sandbox for fintech startups
Utah wants to provide a light regulatory environment for fintech businesses to launch from.
Utah becomes latest US state to embrace blockchain
Ohio, Wyoming, Pennsylvania and Indiana have all either implemented or are considering legislation to pave the way for crypto use. Now, a fourth state is joining them—Utah.
Utah prosecutors push for urgent sale of seized BTC drug money
The value of the seized BTC was originally $500,000; it’s now worth around $8.5 million.