[CFTC: Wolf Capital Misled 3,000 Investors with 3.5% Daily Cryptocurrency Returns] BlockBeats News, December 23, according to financefeeds, the U.S. Commodity Futures Trading Commission (CFTC) has filed a civil enforcement lawsuit against Wolf Capital Crypto Trading LLC and its founder Travis Ford, accusing them of operating a fraudulent investment scheme that raised over $10 million from retail investors. The lawsuit was filed in the U.S. District Court for the Northern District of Oklahoma, alleging that the company employed a Ponzi scheme structure, with promised daily returns unsupported by any actual trading activity. According to the filed documents, Wolf Capital attracted over 3,000 investors between October 2022 and December 2024 by promoting daily stable returns of up to 3.5%. The U.S. Commodity Futures Trading Commission (CFTC) believes these claims are mathematically unsustainable and lack any verifiable commodity-related cryptocurrency trading strategy to support them. Regulators allege that funds from new investors were used to pay returns to earlier participants, a hallmark of Ponzi schemes.