Jul 4, 02:37 AM

Judge Rules OHM and Klima Commodities in $120M CFTC Crypto Ponzi Case

A judge has sided with the Commodity Futures Trading Commission (CFTC) in a case involving a $120 million Ponzi-like scheme. The court ruled that OHM and Klima, two obscure altcoins, are commodities. This decision marks a significant victory for the CFTC against crypto fund operators in the Ponzi case.

#Commodity Futures Trading Commission #CFTC #Klima #Ponzi

Written with ChatGPT (GPT-4o).

Sources

coinscope@coinscopecrypto
2 years ago
📣 Latest News: Are politicians using crypto to influence the US elections? #news #cryptonews #crypto
coinscope@coinscopecrypto
2 years ago
📣 Latest News: Judge labels 2 obscure altcoins as commodities in $120M Ponzi case #news #cryptonews #crypto
Bitcoin.com News@BTCTN
2 years ago
CFTC Wins Case Against #Crypto Fund Operators #NewsBytes https://t.co/mONvvsTpOr

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Judge Rules OHM and Klima Commodities in $120M CFTC Crypto Ponzi Case

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