/
Crypto fraudster gets 9 years as it is still America’s fastest-growing crime
May 18, 2026
< 1 min read
by Noor Bazmi
for CryptoPolitan
Share:
AI Overview
A federal judge sentenced Ohio resident Rathnakishore Giri to nine years in prison and three years of supervised release after he led a crypto investment fraud that collected more than $10 million from investors. Court records say he lured investors by misrepresenting himself, underscoring persistent security and fundraising risks in crypto markets and reinforcing regulatory enforcement that could weigh on investor trust and adoption.
Bearish
Predictions Markets
See what traders are focused on
Ohio resident who led a crypto investment fraud operation by collecting more that $10 million has been sentenced to nine year prison term by a federal judge. The fraud investment manager, Rathnakishore Giri will be under surveillance for another three years after his release. Court records show he lured investors by presenting himself as a...
