Reginald Fowler May Reopen Plea Talks in Crypto Capital Case

The "shadow banker" previously balked at prosecutors' $371 million forfeiture demand.

AccessTimeIconOct 16, 2020 at 3:50 p.m. UTC
Updated Sep 14, 2021 at 10:10 a.m. UTC

Alleged "shadow banker" Reginald Fowler may be headed back to the plea bargain table in a second attempt to resolve criminal finance charges stemming from Bitfinex-linked firm Crypto Capital.

  • The ex-National Football League investor had balked at prosecutors' February demand for $371 million in forfeiture, blowing up early talks to settle unlicensed money transmission charges.
  • But Law360 reported Thursday that Fowler's counsel is "open to again exploring" a plea deal over the original charge and a new one: wire fraud.
  • Prosecutors allege Fowler ran illegal banking services through Crypto Capital. The payments processor once serviced crypto exchanges Bitfinex, QuadrigaCX and 


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