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HomeBitcoin Ponzi Scheme

Bitcoin Ponzi Scheme

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Crypto Trader Sentenced to 9 Years Over $10M Bitcoin Ponzi Scheme

May 19, 2026 CryptoExpert

TLDR Rathnakishore “Ravi” Giri was sentenced to nine years in federal prison. Giri ran a crypto Ponzi scheme that raised more than $10 million. Prosecutors said hundreds of investors were misled by guaranteed return claims. […]

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