The U.S. Commodity Futures Trading Commission (CFTC) has filed a lawsuit against Wolf Capital Crypto Trading LLC and its founder, Travis Ford, accusing them of orchestrating a $10 million Ponzi scheme. The CFTC alleges that the firm deceived over 3,000 investors by promising daily returns of up to 3.5%, which were allegedly fabricated. According to the complaint, funds from new investors were used to pay returns to earlier investors, a hallmark of Ponzi schemes. This case underscores the vulnerabilities in the crypto market, where fraudulent schemes can exploit investor expectations.