Digitex Founder Ordered to Pay $16M to Resolve CFTC Action, Banned From Trading

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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.

Source: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

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