Pro football investor Reginald Fowler pleads guilty to cryptocurrency scheme

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Reginald Fowler

COINDESK/AFP

26th April 2022 – (New York) Reginald Fowler, a businessman who was one of the early investors in a failed professional football league called the Alliance of American Football pleaded guilty Monday to charges accusing him in a US$600 million cryptocurrency scheme.

Reginald Fowler was charged with bank fraud, wire fraud and other offenses that prosecutors say contributed to the AAF’s quick demise in 2019.

Reginald Fowler, the alleged operator of Crypto Capital Corp., the shadow bank that lost hundreds of millions of crypto exchange Bitfinex’s money, pleaded guilty to charges of bank fraud, wire fraud and conspiracy on Monday.

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