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Ohio man sentenced to 9 years for running $10 million crypto Ponzi scheme

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The Block Editorial
(09:33 PM UTC)
1 min read
DK
Reviewed byDavid Kim

The U.S. Justice Department sentenced an Ohio resident to nine years in prison for running a multi-year investment fraud scheme that netted at least $10 million, according to a release on Monday.

The perpetrator, Rathnakishore Giri, pleaded guilty to one count of wire fraud in 2024 for bilking investors. According to an amended plea agreement submitted ahead of Monday's sentencing hearing, Giri…

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