<p><span>The Commodity Futures Trading Commission announced today that it has filed a civil enforcement action in the U.S. District Court for the Northern District of Illinois, charging </span><span>Sam Ikkurty a/k/a Sreenivas I Rao (Ikkurty) </span><span>of Portland, Oregon,</span><span> Ravishankar Avadhanam </span><span>of Aurora, Illinois,</span><span> and Jafia LLC, </span><span>a company Ikkurty owns in Florida</span><span>,</span><span> with fraudulently soliciting at least $44 million for participation interests in a so-called income fund invested in digital assets and other instruments. The enforcement action also charges the defendants with operating an illegal commodity pool and failing to register as a Commodity Pool Operator.</span></p>