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Russell Simmons Celsius Settlement | Hip-Hop News
Russell Simmons is cashing in big time on his Celsius stock—over $350 million—but a huge chunk is being diverted to settle sexual assault claims from four women, including Tina Klein-Baker and Wendy Franco. The money originally came from a 2015 $3M investment tied to the massive 1MDB corruption scandal, where a former Goldman Sachs banker already convicted of money laundering lost his grip on the funds. That same scandal even landed Pras from the Fugees behind bars. While Simmons denies the allegations, the settlement also resolves a long-standing ownership dispute with ex-wife Kimora Lee…
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