CFTC receives preliminary verdict in cryptocurrency Ponzi scheme case involving $228 million According to @ DecryptMedia, the US Commodity Futures Trading Commission (CFTC) has received a preliminary ruling in a cryptocurrency Ponzi scheme case involving $228 million. Prior to the victory of the US Commodity Futures Trading Commission (CFTC) in this civil case, Alexander had already been sentenced to nine years in prison on a criminal conviction in July 2023. Starting from January 2025, the property manager designated by the court has begun distributing recovered funds to defrauded investors.