CFTC Accuses Ohio Man of Running $12M Bitcoin Ponzi Scheme

The CFTC alleges Giri violated commodities laws and regulations that prohibit the manipulation of information and “deceptive devices.” Johnson, in her statement, said that Giri used investors’ money to fund a lavish lifestyle “characterized by use of private jets, yacht rentals, an extravagant vacation home, a luxury car and expensive clothing.”