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The Cryptonomics™ > Bitcoin > CFTC Wins Case In opposition to Crypto Fund Operators
Bitcoin

CFTC Wins Case In opposition to Crypto Fund Operators

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Last updated: July 4, 2024 3:19 am
admin Published July 4, 2024
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CFTC Wins Case In opposition to Crypto Fund Operators



The U.S. Commodity Futures Buying and selling Fee (CFTC) filed a case towards Sam Ikkurty, Ravishankar Avadhanam, and Jafia LLC for civil violations of the Commodity Trade Act (CEA), particularly involving cryptocurrency investments. The courtroom granted the CFTC’s movement for abstract judgment on Monday, discovering that the defendants misrepresented the efficiency of their crypto funds, operated a […]

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