The trial of the "shadow banker" Reggie Fowler is scheduled for 2022 year – Bits Media

Lawsuit against Reggie Fowler - Alleged Illegal Bank Operator, who worked with Bitfinex and Tether, scheduled for february 2022 of the year.

Reginald Fowler (Reginald Fowler) recognized as a defendant and a shadow bank operator, who found himself at the center of controversy in The trial against the Ifinex - the Bitfinex Maternal Company - and the issuer of Tether stabilcoins.

According to court documents from 4 August, Judge of the Southern District of New York Andrew Carter (Andrew L. Carter) set the date of the trial for 14 february 2022 of the year. The Federal Prosecutor's Office charged 60-year-old Reginald Fowler and 36-year-old Ravid Yosefu (Ravid Yosef) In that, that they are involved in the “illegal banking business” Crypto Capital and hid the true origin of hundreds of millions of dollars.

The US prosecutor's office claims, that Fowler, Through exchange operations with cryptocurrencies, was engaged in the legalization of criminal income of Colombian drug carters. Fowler is arrested 30 april, Josef is hiding from justice. The accused faces a punishment before 30 years of imprisonment.

Trial between Bitfinex and Tether, of which IFINEX was accused of deceit of customers and the use of stablecoin dollar reserves to cover losses in the amount $850 Million dollars, was settled in February this year. The companies were ordered
pay fines in the amount $18.5 mill and stop trade operations in New York.