An Ohio-based investment manager has been sentenced to nine years in federal prison after running a $10 million cryptocurrency Ponzi scheme that deceived multiple investors with false promises of guaranteed profits. Rathnakishore Giri, a 31-year-old resident of New Albany, Ohio, received the sentence on Monday along with three years of supervised release for his role in the large-scale crypto fraud operation. Federal prosecutors said Giri falsely portrayed himself as a highly skilled cryptocurrency and Bitcoin derivatives trader to attract investors seeking high returns in the digital asset… Read more
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The crypto market continues attracting institutional capital despite ongoing volatility. XRP recently grabbed investor attention after ETF clients purchased $750.44K worth of XRP. That fresh
Crypto investigator ZachXBT has renewed scrutiny around BlockDAG. After alleging that projects connected to entrepreneur Gurhan Kiziloz extracted at least $350 million from retail investors.
French bitcoin treasury firm Capital B has acquired 192 BTC after completing a series of capital raises totaling roughly $20 million (€17 million). The company
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