Bloomberg BusinessWeek recently published an exposé on the company, detailing how it rose to become so powerful, the people pulling the strings, and where the money is hidden, among other details.
Reginald Fowler stands accused of providing shadow banking services through his firm Crypto Capital among multiple other charges. The firm has links to both iFinex, the parent company of Bitfinex and Tether, and Colombian drug cartels.
Reginald Fowler will now be represented in court by Edward Sapone after his former legal team withdrew from his case for non-payment of fees.
The loan was taken to cover for the loss of $850 million in co-mingled client and corporate funds caused by entrusting its liquidity to a Panamanian company called Crypto Capital, according to NYAG.
Reginald Fowler has been embroiled in a legal battle for months over his involvement in the Crypto Capital/Bitfinex case.
Reginald Fowler has been accused of misleading his lawyers regarding his financial status, having paid just $25,000 since the case started in 2018.
Former player and football league investor Reginald Fowler saw his legal team submit a motion to withdrawing their representation in the case.
Reginald Fowler is looking to renew his plea talks with U.S. prosecutors, eight months after rejecting the first plea deal.
Bitfinex has taken legal action in effort to solidify ownership claims to the $880 million in user funds that have vanished.
Reginald Fowler has been charged with additional crimes tied to his investment in the Alliance of American Football.
With a link between failed QuadrigaCX and Crypto Capital seemingly certain, victims are being asked to share any evidence they have.
Bitfinex strongly denounces any idea that they were involved in money laundering for drugs, and claims they were defrauded.
