US Attorney seeks 7-year sentence for exec in crypto shadow banking case
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A long sentence is being sought by United States prosecutors for an executive in a crypto shadow banking case that has dragged on for five years.
On April 18, U.S. District Attorney Damian Williams
In 2020, Fowler pleaded not guilty to all charges and was released on $5 million bail, however, he changed his plea to guilty in April 2022. As Fowler’s sentencing approaches, Williams concluded:
“Reginald Fowler has committed serious crimes. Only a significant period of incarceration, of at least 84 months imprisonment, could reflect that seriousness, promote respect for the law, and afford adequate deterrence.”
In September 2022, Fowler requested a six-month adjournment citing a serious medical condition.
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