Digitex CEO fined over $15 million due to CFTC allegations

ChainCatcher news, a federal court has ordered the digital asset exchange Digitex Futures and its founder and CEO Adam Todd to pay a fine of over $15 million for violating manipulation and registration rules set by U.S. regulators.

It is reported that the CFTC (Commodity Futures Trading Commission) first charged Todd and his exchange last year after discovering that Todd and his exchange attempted to manipulate the price of their native DGTX token and failed to register with the agency. (Source link)