How Utah Wants to Crack Down on Crypto Fraud

KSL's Inside Sources

How Utah Wants to Crack Down on Crypto Fraud

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Published on Feb 5, 2026, 2:13:30 PM
Total time: 00:09:22

Episode Description
A Utah woman lost over $850,000 to a romance scam where the scammer convinced her to funnel her life savings into a cryptocurrency ATM and invest in their "joint" account. Romance scams are on the rise, and it's becoming a bigger problem with crypto. As the Legislative Session continues, Utah lawmakers are taking a look at how they can prevent these cases from happening. Bridger Beal-Cvetko joins the show to discuss what they found investigating this case and what lawmakers are looking to change.
More about KSL's Inside Sources

The all-new Inside Sources. Hosted by Greg Skordas and Dr. Holly Richardson, two well-known voices in Utah’s legal and political circles.