The U.S. Department of Justice sentenced Ohio resident Rathnakishore Giri to nine years in prison over an investment fraud scheme that took at least $10 million. Giri pleaded guilty in 2024 to one count of wire fraud after authorities said he continued soliciting investors. The CFTC said he had operated a Bitcoin derivatives scheme since 2019, adding detail to the crypto-related fraud case previously described as a Ponzi scheme.