Binance just got sued by the SEC!

so instead we’re posting about the end of the saga of Reggie Fowler, who was finally sentenced today.

we had this sitting around for about two months waiting for the damn sentencing. Amy mostly wrote it, but I added good section header jokes.

Reginald Fowler, el supuesto operador de Crypto Capital Corp., un banco de criptomonedas  en las sombras que perdió cientos de millones del exchange  Bitfinex, se declaró culpable de los cargos de fraude bancarios, fraude electrónico y conspiración, este lunes 25 de febrero.

Fowler, ex-jugador de fútbol americano, se enfrenta a una pena máxima de 90 años en prisión. Fue inicialmente arrestado en abril de 2019 y planeaba declararse inocente, para luego cambiarlo a culpable de operar transacciones de dinero sin licencia. Luego retiró su oferta al saber que tendría que pagar cerca de $400 millones.

Crypto Capital owner’s attorneys no longer want to represent him

The attorneys representing Reggie Fowler — the accused operator of the notorious shadow-bank to the crypto sector, Crypto Capital — have filed a motion to withdraw as Fowler’s counsel.

According to the motion, Hogan Lovells US’s James McGovern and Michael Hefter have discussed withdrawing from the ongoing case between the businessman and the U.S. government since Feb. 26, after Fowler rejected a…