Crypto platform Debiex ordered to pay $2.5 million in US CFTC "pig killing" case

Odaily News Cryptocurrency platform Debiex was ordered to pay about $2.5 million for failing to respond to a lawsuit filed by the U.S. Commodity Futures Trading Commission (CFTC) accusing it of being a "pig killing" scam gang. On March 13, Arizona federal court judge Douglas Rayes approved the CFTC's earlier motion for summary judgment and ordered Debiex to return about $2.26 million stolen from customers and pay a civil penalty of nearly $221,500. The judge said there was no evidence that Debiex's failure to respond to the CFTC was out of "forgivable negligence." (Cointelegraph)