Russell Simmons Calls RushCard Catastrophe ‘Devastating’

Russell Simmons

He continues:

Every single person gets their direct deposit two days early. A lot of the services we had—the card-to-card transfer—all of these things are back in order. Now I have the rebuilding process to restore trust from the community and paying back people who were damaged. I’ve announced that we’re creating a multimillion dollar fund that will be used just to pay people who didn’t get their money. We’ve given some people money just for the outage. But then the people who make additional claims because they lost their apartment or because they lost their job or because they couldn’t get their medicine—there will be claims from people that were damaged. We’re putting a fund together that will help to make people whole. That’s our job. That’s one of the many things we have to do to regain trust.

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