CFTC Wins Case Against Crypto Fund Operators

The U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit against Sam Ikkurty, Ravishankar Avadhanam, and Jafia LLC for civilian violations of the Commodity Exchange Act (CEA), specifically involving cryptocurrency investments. The tribunal granted the CFTC’s question for summary judgement connected Monday, uncovering that the defendants misrepresented the show of their crypto funds, operated a […]