Trump to end war on crypto if elected, says US will be crypto capital of the planet
The former and prospective United States president made the announcement at the Bitcoin 2024 conference in Nashville, Tennessee.
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The former and prospective United States president made the announcement at the Bitcoin 2024 conference in Nashville, Tennessee.
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US prosecutors seek a sentence of at least 7 years imprisonment for Reginald Fowler, a former minority owner of the Minnesota Vikings NFL team, over his alleged involvement in shadow banking practices through Crypto Capital Corp, an alleged crypto shadow bank. Fowler is accused of acting as an unlicensed money transmitter and deceiving financial institutions through Global Trading Solutions (GTS), a firm he established under Crypto Capital in 2018. GTS and Crypto Capital are alleged to have processed approximately $750 million in cryptocurrency transactions, providing unlicensed crypto firms with unlawful access to the U.S. banking system. (Read More)
U.S. prosecutors are wanting Reginald Fowler to face at least seven years in jail if convicted on April 20.
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Reginald Fowler, a former NFL team owner, has been sentenced to six years of prison for operating as a “shadow bank” to the crypto sector, which involved over $700 million in unregulated transactions over a 10-month timespan in 2018. The 63-year-old, who was a co-owner of the Minnesota Vikings, was sentenced to a total of [...]
The post Ex-NFL team owner Reggie Fowler gets 6 years for crypto ‘shadow banking’ appeared first on Crypto Breaking News.
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