The defendant in the case of Crypto Capital is ready to plead guilty, but not to part with $ 371 million Former owner of a stake in the American football club Minnesota Vikings, Reginald Fowler, is ready to plead guilty to providing shadow banking services in the case of Crypto Capital. The defense side insists that the terms of the transaction with the investigation should not include the confiscation of property.

The defendant in the case of Crypto Capital is ready to admit guilt, but not to part with $ 371 million

Reginald Fowler, the former owner of a stake in the American football club Minnesota Vikings, is ready to plead guilty to providing shadow banking services in the Crypto Capital case. The defense side insists that the terms of the transaction with the investigation should not include the confiscation of property.

The withdrawal of funds from Crypto Capital accounts in various countries of the world was the root cause of the prosecution of Bitfinex by the New York prosecutor's office due to the exchange's concealment of the disappearance of $ 850 million. According to the exchange, it transferred these assets to Crypto Capital, after which they did not return to it.

Fowler's lawyers say that in January, negotiations on the plea of ​​their client with the US authorities failed due to a condition under which $ 371 million was to be collected from him. Fowler is accused of bank fraud, illegal money transfers, fraud using electronic communications and colluding within the framework of Crypto Capital's shadow banking activities.

The investigation estimated the proceeds from Fowler's criminal activities at the indicated amount. The defense claims that his actions did not result in losses for the victims, and on this basis asks to withdraw the claim for recovery.

The judge said that Fowler could make a deal with the investigation, and the issue of recovery will be considered separately. Otherwise, the next meeting on this case will be held in January 2021.

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