CFTC Gets Asset Freeze Regarding “$44M Misappropriation” in Alleged Digital Asset Fraud
The Commodity Futures Trading Commission (CFTC) has filed an enforcement action alleging that Sam Ikkurty (aka Sreenivas I Rao), Ravishankar Avadhanam, and Jafia LLC, a company Ikkurty owns in Florida, with fraudulently soliciting at least $44 million to invest in a “so-called income fund” that sought… Read More
Read more in: Blockchain & Digital Assets, Politics, Legal & Regulation | Tagged cftc, Ikkurty Capital, jaffia, Ravishankar Avadhanam, Sam Ikkurty