Rathnakishore Giri, a 31-year-old investment manager from the state of Ohio, was sentenced to nine years in prison for operating a Ponzi scheme crypto that defrauded investors out of a total of $10 million. Alongside the conviction, the court imposed three years of supervised release following his guilty plea on one count of wire fraud in October 2024.

Crypto Ponzi: Ohio Investment Manager Gets Nine Years for $10M Scam