Blog
In-depth articles on the CFTC case, regulatory issues, constitutional rights, and case analysis. Updated regularly as the case develops.
100% of My Investors Stood By Me — And the CFTC Still Pursued This Case
When the CFTC's court-appointed Receiver moved to liquidate the fund's crypto assets, every single investor filed a formal objection. Not a majority — 100%. The CFTC continued the prosecution anyway.
Read ArticleThe Complete Timeline: What Actually Happened in CFTC v. Ikkurty
A comprehensive chronological account of every significant event in CFTC v. Ikkurty — from the fund's founding in 2018 through the 7th Circuit appeal — with the evidence the CFTC's narrative cannot accommodate.
Read ArticleCFTC Commissioner Pham's Statement Validates Three Years of Documented Misconduct
On May 13, 2025, CFTC Commissioner Caroline Pham publicly stated that the Division of Enforcement 'has for far too long maintained a culture that the CFTC is above the law.' This validates everything I have documented since May 16, 2022.
Read ArticleWhy the CFTC's 'Ponzi Scheme' Allegation Is Mathematically Impossible
The CFTC's central allegation — that Rose City Fund operated as a Ponzi scheme — is not just factually wrong. It is mathematically impossible, as demonstrated by the independent StoneTurn analysis and the fund's own blockchain records.
Read ArticleDOJ's 'Ending Regulation By Prosecution' Memo: What It Means for My Case
On April 7, 2025, the Deputy Attorney General issued a landmark memorandum explicitly prohibiting the DOJ from pursuing cases without evidence of willful misconduct and actual investor harm. The CFTC's prosecution of Rose City Fund fails all three tests.
Read Article139 Weeks of Radical Transparency: The Antithesis of a Ponzi Scheme
For 139 consecutive weeks, I sent every Rose City Fund investor a weekly update with the fund's Ethereum wallet address so they could verify holdings independently. This is the antithesis of a Ponzi scheme.
Read ArticleThe Constitutional Crisis: Ex Parte Orders Without Notice to Counsel
On May 16, 2022, the CFTC obtained an emergency ex parte order freezing all assets of Rose City Fund without providing any notice to my legal counsel. This single act violated multiple constitutional amendments.
Read ArticleThe CFTC's Lead Investigator Never Looked at the Blockchain
In a case built entirely on allegations about a DeFi fund's Ethereum blockchain transactions, the CFTC's lead investigator admitted under oath that she never reviewed the blockchain records.
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