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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
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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…

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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