EminiFX · Project dossier · Crypto Newsroom

What the evidence supports

Only claims cited in the visible editions appear here. Each retains its own evidence status.

Statements and quotations retain the editorial or source language.

[1]Adjudicated finding
The July 2023 DOJ record reports Eddy Alexandre's nine-year sentence and describes fabricated weekly EminiFX returns and diversion of investor money.
Supporting excerpt: CEO Of Cryptocurrency And Forex Trading Platform Sentenced To Nine Years In Prison For $240 Million Scheme To Defraud Investors
nine years in prison
CEO Of Cryptocurrency And Forex Trading Platform Sentenced To Nine Years In Prison For $240 Million Scheme To Defraud Investors ↗
Source language: EN · Captured Oct 22, 2026
[2]Adjudicated finding
The CFTC reported on 19 October 2026 that federal court orders require Eddy Alexandre and EminiFX to pay $228,576,962 in restitution and a $45,148,500 penalty. Disgorgement of $15,049,500 is offset by restitution payments, so it should not be counted twice as an additional recovery. The agency also reported that more than $98 million had been returned to over 28,000 investors as of July 2026. That dated distribution snapshot is separate from the amounts ordered.
Supporting excerpt: CFTC Secures Federal Court Orders Requiring Former Long Island Resident and His Firm to Pay Over $288 Million for Operating a Commodity Pool Ponzi Scheme | CFTC
$228,576,962 in restitution
CFTC Secures Federal Court Orders Requiring Former Long Island Resident and His Firm to Pay Over $288 Million for Operating a Commodity Pool Ponzi Scheme | CFTC ↗
Source language: EN · Captured Oct 22, 2026
[3]Source reported
FBI guidance recommends stopping further payments and preserving transaction details when cryptocurrency investment fraud is suspected.
Supporting excerpt: Cryptocurrency Investment Fraud
the most important information you can provide are transaction details
Cryptocurrency Investment Fraud ↗
Source language: EN · Captured Oct 22, 2026