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Jinse Finance reported that the U.S. Commodity Futures Trading Commission (CFTC) said in a statement on Wednesday that a federal court has ordered Adam Todd, the founder of cryptocurrency exchange Digitex, to pay nearly $16 million to settle his illegal platform operation and attempt to manipulate The allegations of its native token DGTX. Todd violated multiple commodities laws while operating the Florida-based Digitex Futures exchange, and a judge ordered him banned from trading. Todd faces a $12 million fine and about $4 million in penalties, though it's unclear whether Todd or the company will be able to repay customers.
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