Bitcoin Ponzi trader gets 9 years for $10M Ohio scheme
Ohio Bitcoin Ponzi operator Rathnakishore Giri gets 9 years for $10M fraud after promising risk-free returns and seeking new crypto victims.
Crypto News·
A co-founder of the Forsage crypto investment platform has pleaded not guilty in a U.S. federal court after being extradited from Thailand in a case tied to an alleged $340 million Ponzi scheme. According to a notice released by the…
Read full articleOhio Bitcoin Ponzi operator Rathnakishore Giri gets 9 years for $10M fraud after promising risk-free returns and seeking new crypto victims.
The extradition and trial underscore the vulnerability of investors in DeFi schemes and challenge the notion of decentralization as a legal shield. The post Forsage co-founder Olena Oblamska extradited, pleads not guilty in $340M Ponzi case appeared first on Crypto Briefing.
The crackdown on illegal Bitcoin mining in Thailand highlights the urgent need for enhanced regulatory measures to protect energy resources and infrastructure. The post Thai authorities bust illegal Bitcoin mining ring, seize equipment worth thousands appeared first on Crypto Briefing.
The post Reform UK’s Nigel Farage Faces Standards Probe Over Tether Billionaire’s $6.7 Million Gift appeared on BitcoinEthereumNews.com. In brief U.K. MP Nigel Farage is facing a formal investigation by parliamentary standards authorities for allegedly failing to declare a £5 million personal gift. The donor is Christopher Harborne, a Thailand-based cryptocurrency investor with a 12% stake in stablecoin giant Tether. Farage claimed “no obligation” to declare the gift, which was made in 2024 before he announced his candidacy for parliament. The U.K.’s Parliamentary Standards Commissioner is reportedly launching an inquiry into a $6.7 million (£5 million) gift received by Reform U.K. leader Nigel Farage from billionaire Tether investor Christopher Harborne. Farage declared he was under “no obligation” to declare the gift, which was made before he announced his intention to stand in the 2024 general election. “Believe you me, we’ve looked at this from every legal angle,” he told broadcast
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