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The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.

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Digitex CEO Adam Todd Ordered to Pay $16 Million in CFTC Case

A federal court in the United States has mandated that Adam Todd, the CEO of the digital asset exchange Digitex, pay almost $16 million in disgorgement and penalties.

by Luisa Crawford
Jul 13, 2023

cryptocurrency

US CFTC Charges Crypto Futures Exchange Digitex for Registration and Trading Violations

The CFTC has filed civil charges against Digitex exchange and its CEO for running a fraudulent crypto futures platform and over other multiple violations.

by Nicholas Otieno
Oct 01, 2022

CRYPTOCURRENCY

Digitex CEO Adam Todd Ordered to Pay $16 Million in CFTC Case

US CFTC Charges Crypto Futures Exchange Digitex for Registration and Trading Violations

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