Digitex founder ordered to pay $16 million to settle US CFTC action, barred from trading

“This order addresses another action against individual and digital asset exchanges that illegally offer futures contracts to U.S. customers,” CFTC Executive Director Ian McGinley said in a statement. He noted that the court also found that Todd “attempted to manipulate Digitex’s native utility token, DGTX, by allegedly ‘pumping’ the token’s price using a computer bot.” […]