thereby becoming the first minority owner of an NFL franchise, but withdrew his bid when he could not provide details about his stake in the ownership group. Instead, he became a limited partner in the group so that he would not lose his $20 million deposit. He did not disclose any information about his financial situation to the media. By October 2014, Fowler was no longer a limited partner of the Minnesota Vikings. Fowler's admission of default came during a legal deposition in late August in Phoenix. He lost control of his companies when a receivership was affirmed Oct 16 in Maricopa County Superior Court after U.S. Bank obtained a judgment against him. U.S. Bank claimed Fowler's companies had accumulated $6 million in unpaid debts to it and at least $53 million in debts to other banks. Fowler was a major investor in the Alliance of American Football. His decision to withdraw his funding after the first week of the season forced the league to hastily sell Fowler's stake to Thomas Dundon, ultimately leading to the league's demise. AAF executives were neither forthright nor truthful about the state of the league's finances throughout its existence and in particular were desperate to conceal Fowler's involvement, which was only made public after the league collapsed. Crypto Capital In April 2019 Fowler's funds were frozen by the Department of Justice, after Fowler's indictment on charges of money laundering for cryptocurrency exchanges. In April 2019 New York Attorney General Letitia James filed a suit accusing cryptocurrency exchange Bitfinex of using the reserves of an affiliated company to cover up a loss of $850 million. Bitfinex had been unable to obtain a normal banking relationship, according to the lawsuit, so it deposited over $1 billion with a Panamanian payment processor known as Crypto Capital Corp. No contract was ever signed with Crypto Capital. James alleged that in 2018 Bitfinex knew or suspected that Crypto Capital had absconded with the money, but that their investors were never informed of the loss. Fowler, who is alleged to have connections with Crypto Capital, was indicted on April 30, 2019, for running an unlicensed money transmitting business for cryptocurrency traders. He is believed to have failed to return about $850 million to an unnamed client. Investigators also seized $14,000 in counterfeit currency from his office. In March, 2020, investors in Gerald Cotten's Quadriga filed court documents alleging Fowler played