Ex-NFL Team Owner Pleads Guilty to Running Unlicensed Money Transmitter – CoinDesk

Ex-NFL Team Owner Pleads Guilty to Running Unlicensed Money Transmitter – CoinDesk

Former “shadow banker” Reginald Fowler pleaded guilty to charges of operating an unlicensed money transmission business during a court hearing Friday. In a hearing before the Southern District of New York, Fowler, a former co-owner of the NFL’s Minnesota Vikings, changed his original plea from not guilty, admitting to providing exchanges with banking services through his alleged operations with Crypto Capital, a payment processor which served exchanges like Bitfinex, QuadrigaCX and CEX.io.