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Crypto Capital’s NFL defendant open to guilty plea, but not for $371M By Cointelegraph



Crypto Capital’s NFL defendant open to guilty plea, but not for $371M

The legal team for Reginald Fowler said the former minority owner of the Minnesota Vikings is open to a guilty plea regarding his involvement in Crypto Capital’s alleged shadow banking practices, provided forfeiture is not part of the deal.

The company is a key player in the ongoing court case over Bitfinex’s failure to disclose the loss of $850 million in customer funds. The exchange claims the funds were deposited with Crypto Capital before being seized by government authorities in various countries.

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BTC, ETH, XRP, BCH, BNB, LINK, DOT, LTC, ADA, BSV By Cointelegraph




Price analysis 10/21: BTC, ETH, XRP, BCH, BNB, LINK, DOT, LTC, ADA, BSV

The crypto markets are cheering PayPal’s decision to allow its customers to use cryptocurrencies to shop from its vast merchant network. PayPal also revealed that U.S. account holders will be able to buy, sell, and hold cryptocurrencies in the PayPal app.

The company plans to extend this service to a few other countries in the first half of 2021. PayPal’s decision has significantly increased the reach of cryptocurrencies. Now many of the company’s 346 million active users will have the options to engage with cryptocurrencies and become investors if they choose.

Daily cryptocurrency market performance. Source: Coin360