US Attorney seeks 7-year sentence for exec in crypto shadow banking case

U.S. prosecutors are wanting Reginald Fowler to face at least seven years in jail if convicted on April 20.

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Former Minnesota Vikings Co-Owner Slapped With 75 Month Jail Term for Processing $750M Worth of Crypto Transactions

U.S. Attorney’s Office for the Southern District of New York announced on June 5 that the former co-owner of Minnesota Vikings, Reginald Fowler, has been sentenced to 75 months in prison for processing more than $700 million of unregulated transactions on behalf of crypto exchanges. Folwer was also ordered to pay a “forfeiture of $740,249,140.52 [...]

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Ex-NFL team owner Reggie Fowler gets 6 years for crypto ‘shadow banking’

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 [...]

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