A court in Illinois declared two lesser-known cryptocurrencies - Olympus (OHM) and KlimaDAO (KLIMA) - to be commodities. This decision was made during the consideration of the case of a cryptocurrency Ponzi scheme organized by Sam Iccurti from Oregon. Ikkurti promised investors a “stable profit” of 15% per annum from investments in “digital goods.” Instead, he ran a Ponzi scheme, causing investors to lose $20 million. The court ordered Iccurti to pay more than $83.7 million in damages and $36.9 million in forfeiture. 😔