Reggie Fowler Pleads Guilty in Crypto Capital Corp. Case Tied to Bitfinex's Missing Millions

2 years ago

Nelson Wang is CoinDesk's quality exertion for the East Coast. He holds BTC and ETH supra CoinDesk's disclosure threshold of $1,000.

Reginald Fowler, the alleged operator of Crypto Capital Corp, the shadiness slope that mislaid hundreds of millions of crypto speech Bitfinex's money, pleaded blameworthy to charges of slope fraud, ligament fraud and conspiracy connected Monday.

  • Fowler, a erstwhile shot player, was facing a maximum of 90 years successful prison.

  • As of July 2021, the parties were not involved successful plea negotiations, but a February 2022 proceedings day was set. That proceedings day was subsequently changed to May 16, 2022

  • Last week, Fowler's lawyer said helium volition beryllium consenting to skip the proceedings and participate a plea.

The Festival for the Decentralized World

Thursday - Sunday, June 9-12, 2022

Austin, Texas

Save a Seat Now

DISCLOSURE

The person successful quality and accusation connected cryptocurrency, integer assets and the aboriginal of money, CoinDesk is simply a media outlet that strives for the highest journalistic standards and abides by a strict acceptable of editorial policies. CoinDesk is an autarkic operating subsidiary of Digital Currency Group, which invests successful cryptocurrencies and blockchain startups. As portion of their compensation, definite CoinDesk employees, including editorial employees, whitethorn person vulnerability to DCG equity successful the signifier of stock appreciation rights, which vest implicit a multi-year period. CoinDesk journalists are not allowed to acquisition banal outright successful DCG.

Nelson Wang is CoinDesk's quality exertion for the East Coast. He holds BTC and ETH supra CoinDesk's disclosure threshold of $1,000.

Nelson Wang is CoinDesk's quality exertion for the East Coast. He holds BTC and ETH supra CoinDesk's disclosure threshold of $1,000.


Sign up for The Node, our regular newsletter bringing you the biggest crypto quality and ideas.

By signing up, you volition person emails astir CoinDesk merchandise updates, events and selling and you hold to our terms of services and privacy policy.

View source