Tag: Oz Yosef

U.S. Prosecutors Ask For Harsh Sentencing Of Crypto Money Launderer Reginald Fowler!

Court Cases Ben - April 19, 2023

In April 2022, the U.S. national Reginald Fowler pled guilty to bank fraud and the operation of an unlicensed money-transmitting business in connection with his Crypto Capital, a payment processor that provided fiat-currency banking services to various crypto exchanges through a series of bank accounts opened under false pretenses. Prosecutors asked the court to impose a sentence of at least 82 months prison time, a money judgment of $740 million, and a restitution of $53 million.

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