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via Decrypt · By Decrypt Editorial

Ohio Man Gets 9 Years for $10M Bitcoin Trading Ponzi Scheme

BTC

BTC/USDT

$62,998.01

-1.72%

$62,998.01

-1.72%

(24s)

24h Volume

$18,224,144,840.41

24h H/L

$64,275.38 / $61,938.00

Change: $2,337.38 (3.77%)

Long/Short

68.3%

Long: 68.3%Short: 31.7%

Funding Rate

+0.0015%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$62,836.00

▲ 0.16%

Volume (24h): -

Resistance Levels

Resistance 3$65,584.14

Resistance 2$64,241.09

Resistance 1$62,998.21

Price$62,836.00

Support 1$61,886.44

Support 2$60,560.52

Support 3$59,130.91

Pivot (PP):$62,832.25

Trend:Downtrend

RSI (14):37.8

Decrypt Editorial

(10:16 AM UTC)

1 min read

Approved byDavid Kim

804 views

0 comments

In brief

Investment manager Rathnakishore Giri, 31, of Ohio, has been sentenced to nine years in federal prison for operating a $10 million cryptocurrency Ponzi scheme.
He falsely promised guaranteed returns on Bitcoin derivatives trading while paying earlier investors with new victim funds.
Even after pleading guilty in October 2024, Giri continued soliciting victims while on pretrial release.

A…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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