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On May 30, a New York court sentenced Rashon Russel, a former employee of the German investment bank Deutsche Bank, to 41 months in prison for cryptocurrency fraud. According to the US Department of Justice, from November 2020 to August 2022, Russel managed the R3 crypto fund.
From September 2021 to June 2023, Russel deceptively obtained at least 97 credit/debit cards and at least 43 identification cards through fraudulent means.
