Ex-NFL Team Owner Intends to Plead Guilty to Running Unlicensed Money Transmitter
Crypto Capital co-founder Reginald Fowler pleaded guilty to operating an unlicensed money transmission business Friday. Additional charges were dropped.
Bitfinex and Tether’s parent company wants to question employees of at least three U.S. banks about Crypto Capital – Bitfinex’s payment processor – accounts and holdings in an effort to recover more than $800 million.
Reginald Fowler, an alleged operator of Crypto Capital, was indicted on wire fraud Friday, adding to four previous charges he already faced.
U.S. prosecutors have unveiled 56 bank accounts under scrutiny in Reginald Fowler's legal travails.
Reginald Fowler has rejected a plea deal with the U.S. government in an ongoing case that accuses him of operating "shadow bank" services tied to crypto exchanges.
Miller Thomson, the court-appointed law firm representing former users of the QuadrigaCX exchange, wants information about Crypto Capital and whether it holds any of Quadriga's funds.