【Shadow banking 'Crypto Capital Corp' Ravid Yosef evading extradition in Israel】Golden Finance reports that over seven years ago, many cryptocurrency exchanges, including Bitfinex and the leading Canadian exchange QuadrigaCX, began to experience serious financial problems. The cryptocurrency exchanges were suddenly 'choked' by their ultimate payment processor—Panama's shadow bank Crypto Capital Corp—where no one answered the phone. As time turned from hours to days, weeks, and months, the situation became clearer: the staff at Crypto Capital Corp decided to close shop and quietly made off with over $88 million. Soon after, the list of individuals involved in the Crypto Capital Corp scandal was made public, revealing only four people: Reginald 'Reggie' Fowler, Ivan Manuel Molina Lee, and siblings Ozzie Yosef and Ravid Yosef. Shortly thereafter, a prosecution was filed in the Southern District of New York, and soon Fowler and Molina Lee were arrested. Fowler pleaded guilty and was ordered to pay nearly $800 million in fines and restitution, while serving 75 months in prison—though as of this month, he is still seeking a reduced sentence. Molina Lee, who holds dual citizenship in Panama and Poland, is currently incarcerated in a Polish prison. However, Ozzie and Ravid Yosef remain unresolved cases. They successfully evaded detention in the U.S. and Europe and are still on the run.
