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A United States federal court has ordered Digitex CEO Adam Todd to pay roughly $16 million in disgorgement and penalties related to a Commodity Futures Trading Commission (CFTC) case.In a June 12 announcement, the CFTC said a judge in the U.S. District Court for the Southern District of Florida issued
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“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’
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The United States Commodity Futures Trading Commission, or CFTC, filed a complaint against Digitex LLC and its founder and CEO Adam Todd for failing to register the cryptocurrency futures exchange and manipulating the price of its DGTX token.According to a Sept. 30 court filing in the Southern District of Florida,
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According to a complaint filed in the Southern District of Florida on Friday, Todd is accused of using various corporate entities – including Digitex LLC, Digitex Limited, Digitex Software Limited and Blockster Holdings Limited Corporation – to run an illegal crypto derivatives trading platform. Original Source
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Digitex LTD, a zero-fee cryptocurrency futures exchange has recently announced the much-awaited launch of its zero-fee spot markets. The exchange is well known for being a high-frequency, futures platform also known as the scalper’s paradise, allowing users to pursue trading strategies that otherwise would not be possible on fee-charging exchanges. The
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As the zero-fee spot markets join the flagship Digitex futures markets, traders now have the convenience of trading from one universal wallet.Commission-free cryptocurrency exchange Digitex Ltd. announced on Thursday, April 15th the launch of its new spot markets which will offer zero fees on all available crypto pairs. The all-in-one
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Digitex Futures, the Seychelles-based cryptocurrency startup has announced the much-anticipated public launch of its Bitcoin Futures exchange on
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While Digitex introduced itself as the next-gen crypto futures platform, it doesn’t shy away from the other popular niches. Digitex has promised it will launch its own version of crypto spot trading (commission-free) as well as non-custodial accounts. Digitex Futures, the world’s first zero-fee crypto futures exchange, has been testing its
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Digitex Futures, the commission-free bitcoin futures exchange platform by Digitex Ltd is on its way to achieving a significant milestone by listing its native DGTX exchange token on KuCoin. According to the recent announcement, DGTX/BTC and DGTX/ETC trading pairs will be available on IDG Ventures backed KuCoin global exchange from
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Digitex Futures, the DGTX token powered, zero-fee cryptocurrency futures trading platform has announced a partnership with Chainlink to integrate the latter’s decentralized Price Reference Contracts on its exchange. Chainlink is known for offering reliable real-world input data for various smart contract solutions, and in this case, the company’s decentralized oracle
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