The United States Department of Justice (DOJ) is seeking to intervene in a lawsuit brought by the Commodity Futures Trading Commission (CFTC) against crypto fraudster Rashawn Russell.
On May 2, 2023, the DOJ submitted the relevant motion and supporting documents at the New York Eastern District Court.
The DOJ wants to intervene in the CFTC case and to stay civil proceedings because of the pendency of the parallel criminal case, United States v. Rashawn Russell, No. 23-CR-152, which has been filed in the same district. The same underlying facts are at issue in both the civil and the criminal matters.
Counsel for the Defendant Rashawn Russell has informed the government that Russell consents to the government’s motion to intervene and stay the Civil Case. The CFTC has informed the Government that it does not oppose this motion.
