• U.S. District Courthouse Southern of New York
    Uncategorized

    Prosecutors officially withdraw Reggie Fowler’s plea deal

    The man linked to Bitfinex’s missing money now heads to trial on four counts

    Reginald Fowler, the man who was allegedly at the heart of a shadow banking operation for cryptocurrency, forfeited what appeared to be an extremely reasonable plea bargain on Jan. 17. Now, according to a letter filed with the Southern District Court of New York on Friday, the U.S. government has officially withdrawn its plea offer as Fowler heads to trial.  

  • U.S. Attorney Geoffrey Berman may drop a Fowler bomb on Bitfinex in January (via Department of Justice).
    Uncategorized

    Fowler plea may lead to Bitfinex’s missing $850 million

    The man alleged to have looted the cryptocurrency exchange Bitfinex is set to plead guilty in a case that links it to drug cartel-connected payment processor Crypto Capital

    The alleged mastermind behind cryptocurrency exchange Bitfinex’s missing $850 million is poised to cop a plea. What Reginald Fowler is getting—or who he is giving up—remains to be seen.

  • Oz Yosef may need a wizard's help (via YouTube).
    Tether,  Uncategorized

    Crypto Capital crony Oz Yosef indicted

    Another shadow banker has been charged in connection with the theft of $880 million from cryptocurrency exchange Bitfinex.

    Federal prosecutors have indicted Oz Yosef, a principal of Crypto Capital Corp., on three counts of bank fraud and conspiracy in cryptocurrency exchange Bitfinex's $880 million loss.