U.S. Government requests detention for defendant at center of Bitfinex imbroglio, describes ‘Master US Workbook’

The man at the center of an investigation by the U.S. Attorney General's (USAG) office has been described as a "serious flight risk" in a new court document obtained by The Block. Reginald Fowler was hit with charges of "bank fraud and operating an unlicensed money transmitting business" by the USAG in an April 30 filing.

The bank fraud counts carry a maximum sentence of 30 years and are related to Fowler's alleged failure to return $851 million as part of the relationship between his "shadow bank" and Crypto Capital, which is alleged to have outstanding obligations to Bitfinex. According to prosecutors:

Original source
https://www.theblockcrypto.com/2019/05/02/us-government-requests-detention-for-defendant-at-center-of-bitfinex-imbroglio-describes-master-us-workbook/?utm_source=rss&utm_medium=rss&utm_campaign=default

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