The U.S. Commodity Futures Trading Commission (CFTC) has charged the operators of a crypto trading platform with fraud and misappropriation of funds, according to Bitcoin.com. The CFTC alleges the individuals fraudulently solicited at least $3.6 million from 32 customers by falsely promising to engage in off-exchange commodity futures trading with fiat currency and digital assets. The CFTC's complaint alleges the defendants operated a website and social media accounts to promote their platform. They allegedly made false and misleading statements about the profitability of their trading strategies and the safety of their platform. In reality, the CFTC alleges, the defendants used customer funds for their own personal expenses and failed to trade as promised. The CFTC is seeking civil monetary penalties, disgorgement of ill-gotten gains, and injunctive relief against the defendants. This case highlights the importance of investors being vigilant when considering investing in cryptocurrencies and other digital assets. It is essential to research and understand the risks associated with these investments and to only invest with reputable and regulated platforms.