Crypto Capital's NFL defendant open to guilty plea, but not for $371M

Cointelegraph

Published Oct 15, 2020 08:15PM ET

Updated Oct 16, 2020 10:20PM ET

The legal team for Reginald Fowler said the former minority owner of the Minnesota Vikings is open to a guilty plea regarding his involvement in Crypto Capital’s alleged shadow banking practices, provided forfeiture is not part of the deal.

The company is a key player in the ongoing court case over Bitfinex’s failure to disclose the loss of $850 million in customer funds. The exchange claims the funds were deposited with Crypto Capital before being seized by government authorities in various countries.

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