Ex-Minnesota Vikings Owner Tied to Bitfinex’s Missing $850M

Last week, Bitfinex was accused by the New York Attorney General of hiding losses amounting to $850M with its stablecoin, Tether (USDT). In a strange turn of events, the money allegedly ‘lost’ by the Panamanian firm Crypto Capital has been linked to ex-NFL team owner Reginald Fowler.

The Bitfinex scandal just keeps getting stranger. It has been reported by Bloomberg that Reginald Fowler, a 60-year old American businessman who once had a stake in the NFL’s Minnesota Vikings, has been indicted in the case against the exchange. Fowler, along with an Israeli woman named Ravid Yosef, is being charged with running an unlicensed money laundering operation tied to the cryptocurrency exchange.

Fowler is charged with illegally running Global Trading Solutions LLC which has been linked to Crypto Capital, the Panamanian firm responsible for Bitfinex’s missing $850M. Money in bank accounts owned by both Fowler and Global Trading Solutions have been seized as per the indictment.

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