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Former Minnesota Vikings Owner Sentenced to Over Six Years for $700M Cryptocurrency Scam

  • Reginald Fowler was sentenced to over six years in prison for defrauding the Alliance of American Football
  • Fowler was ordered to forfeit $740 million and pay $53 million in restitution
  • Fowler lied about controlling bank accounts with tens of millions of dollars to convince league executives to do business with him
  • Fowler processed hundreds of millions of dollars in unregulated transactions for cryptocurrency exchanges acting as an illegal shadow bank
  • Fowler was a former part owner of the Minnesota Vikings NFL team and attempted an unsuccessful bid to become the primary owner in 2005.
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