The Commodity Futures Contracts Commission (CFTC) in the US is accusing an Ohio individual of establishing a $12 million bitcoin pyramid scheme.
The Commodity Futures Contracts Commission established a pyramid scheme by a person named Rathnakishore Giri. More than $12 million and at least Collected 10 bitcoins suggests.
According to the CFTC’s claims, Giri collected these coins. living in luxury, renting a luxury car, yacht and a private jet used for.
NBD Eidetic Capital, SR Private Equity, companies founded by Giri and Giri, accused of collecting funds from at least 150 investors and misusing those funds.
According to the CFTC’s claims, Giri offers investors these funds. that it will invest in crypto money funds and that these funds will provide definite returns. was saying.
Kristin Johnson, one of the CFTC officials, made a statement on the subject, “Instead of buying and selling digital assets with the money he received from customers, he stole that money.” said.
CFTC, He founded a 12 million dollar pyramid scheme. He wants Giri to be banned from trading on the stock exchange, which he claims.