Odaily Planet Daily News: A federal court in Illinois ordered cryptocurrency hedge fund Jafia LLC and its owner Sam Ikkurty to pay $84 million to settle fraud charges filed by the U.S. Commodity Futures Trading Commission (CFTC). Judge Mary Rowland said in her ruling that Sam Ikkurty made various false statements about the cryptocurrency hedge fund operated by his company Jafia, including statements about his experience in cryptocurrency trading. Rowland also found that Ikkurty used funds from other investors to pay inflated repurchase payments to fund investors, calling it a "typical Ponzi scheme." (Bloomberg Law News)