A U.S. district judge in Illinois sided with the U.S. Commodity Futures Trading Commission (CFTC) and ordered an Oregon man and his company to pay more than $120 million, part of which was used to compensate victims in what the agency called a "Ponzi scheme." It is worth noting that the CFTC said in a statement that the order not only determined that Bitcoin and Ethereum are commodities within the jurisdiction of the CFTC, but also that OHM and Klima, two non-Bitcoin virtual currencies, also meet the definition of commodities, pointing out that these virtual currencies belong to the same category as Bitcoin and have regulated futures trading. (TheBlock)
