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Malkin reportedly in serious legal trouble after losing $4 million in Russian crypto-currency scheme

Look away, Pens fans. This is NOT good news for Geno Malkin.

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This just in, according to a report from Russian hockey insider Aivis Kalnins, Pittsburgh Penguins superstar Evgeni Malkin could find himself in “serious legal issues” regarding a failed $4 million investment in a Russian crypto-currency scheme.

Check out this chain of events, courtesy of Kalnins:





Interestingly enough, this report seems to have uncovered the fact that Malkin also has American citizen ship. 

Suffice it to say though, this is NOT good news for Malkin and the Penguins organization. Neither the player, nor the team have commented on his involvement with Mark.Space and no where is he mentioned on the company's website. All we can do is speculate as to his involvement and/or wait for the fallout.

On the ice, the 33 year old Malkin has had a rough start to the 2019-20 season. He was injured in just the second game of the season after falling awkwardly. The Penguins have gone just 6-4 in his absence and it's clear that his presence has been missed. The good news is that he reportedly did practice with the team this morning and appears ready to return to the team's lineup ahead of schedule. He's coming off a rather disappointing 21 goal and 72 point campaign last season, which doesn't sound too bad but given his usual production it's a bit underwhelming.

Malkin put up 42 goals and 98 points in the 2018-19 season and spoke at length this past offseason about his desire to get back to those levels of production. Here's hoping that these looming legal issues don't deter him from his goal.

UPDATE: Malkin has responded to the allegations against him during a one on one interview with Penguins reporter Seth Rorbaugh. You can read the update here.