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Expatriated hedge fund manager sentenced to prison for tax evasion - Raymondville Chronicle

WASHINGTON - A Cayman resident who renounced his U.S. citizenship was sentenced today to 37 months in prison for tax evasion. According to court documents and statements made in court, Justin Ryan Schmidt, formerly of Austin, managed a hedge fund focused on cryptocurrency investments. Over a period of several years, Schmidt earned a total of
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Raymondville Chronicle - broke the news in Raymondville, United States on Wednesday, August 19, 2026.
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