Oct 16, 2020 at 15:50 UTCUpdated Oct 16, 2020 at 15:51 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.
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 CEX.io.
Reginald Fowler May Reopen Plea Talks in Crypto Capital Case
Published on Oct 16, 2020
by Coindesk | Published on Coinage
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