Former NFL Minority Owner to Change Plea in Cryptocurrency Case
- Reginald Fowler was indicted by federal grand jury in April
- Judge sets Jan. 10 date for change-of-plea hearing in New York
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An Arizona businessman who once held a minority stake in the National Football League’s Minnesota Vikings is likely to admit next month that he took part in running an illegal shadow bank for cryptocurrency traders, according to a court filing.
A federal judge in New York agreed to hold a hearing Jan. 10 to let Reginald Fowler change his plea -- an indication that he probably intends to plead guilty to at least some of the charges he faces. Fowler pleaded not guilty in May to charges he and an Israeli woman, Ravid Yosef, ran an unlicensed money-transmitting operation tied to virtual currency trading. Yosef remains at large.