
An Ohio investment manager orchestrated a $10 million cryptocurrency fraud scheme; after pleading guilty, he was sentenced to 9 years
On May 18, a resident of New Albany, Ohio, Rathnakishore Giri was sentenced to 9 years of federal prison, plus 3 years of supervised release. The charges allege that he orchestrated a cryptocurrency Ponzi scheme involving as much as $10 million. Most notably, after pleading guilty in October 2024, Giri continued raising funds from cryptocurrency investors while awaiting sentencing. Confirmed Criminal Conduct and Scam Methods Claimed identity (confirmed): Giri claimed to be an experienced cryptoc








