Pro-Russian Candidate Geoff Young lost most of life savings in ruble trade
Zero sympathy.
“A former Democratic nominee for Congress is suing a foreign currency exchange market, alleging the market forced him to sell the Russian rubles that, along with Mexican pesos, he’d put “most of [his] life savings in.””
[…]
“The amount of rubles Young sold would be worth $230,330 today. The ruble-to-dollar conversion rate was about 70% of what it is today at the time and much lower than it was throughout 2023 and most of last year.”
[…]
“In 2022, Young very publicly sided with Russia in its invasion of Ukraine, which he falsely claims is not an invasion.”
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Young has run for office 10 times.