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Ex-Banker Sentenced to 41 Months in US Prison for Crypto Fraud Scheme

June 2, 2024
in Bitcoin
Reading Time: 1 min read
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Ex-Banker Sentenced to 41 Months in US Prison for Crypto Fraud Scheme
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Rashawn Russell, a former investment banker, was sentenced on Thursday to 41 months in prison for a cryptocurrency fraud scheme that caused $1.5 million in investor losses. From November 2020 to August 2022, Russell deceived multiple victims by promising high returns from cryptocurrency investments, only to misappropriate their funds for personal use, gambling, and repaying […]
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