Digitex Founder Ordered to Pay $16M to Resolve CFTC Action, Banned From Trading
Submitted by Anonymous (not verified) on Wed, 07/12/2023 - 20:20
The founder of crypto exchange Digitex, Adam Todd, has been ordered by a federal court to pay almost $16 million to resolve accusations that he ran an illegal platform and sought to manipulate its native token, DGTX, the U.S. Commodity Futures Trading Commission (CFTC) said in a Wednesday statement.