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

The CFTC’s 2022 case – its first against a crypto futures exchange for operating illegally – ended in a default judgment against founder Adam Todd.

By Jesse Hamilton|Edited by Nick Baker

Updated Jul 12, 2023, 11:07 p.m. Published Jul 12, 2023, 4:52 p.m.

U.S. Commodity Futures Trading Commission (Jesse Hamilton/CoinDesk)