“This order resolves yet another action against an individual and digital asset exchange illegally offering futures contracts to U.S. customers,” said Ian McGinley, the CFTC’s enforcement director, in a statement. He noted the court also found that Todd had “attempted to manipulate Digitex’s native utility token, DGTX, by allegedly ‘pumping’ the token’s price through the use of a computerized bot.”
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- Source: https://www.coindesk.com/policy/2023/07/12/digitex-founder-ordered-to-pay-16m-to-resolve-cftc-action-banned-from-trading/?utm_medium=referral&utm_source=rss&utm_campaign=headlines