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EminiFX Founder’s $228M Restitution Order May Spur Tighter Oversight of Cryptocurrency Scams

2025-08-25 22:45

EminiFX Founder’s $228M Restitution Order May Spur Tighter Oversight of Cryptocurrency Scams

EminiFX was declared a Ponzi scheme by a U.S. federal judge, who ordered founder Eddy Alexandre to pay $228 million in restitution after a CFTC enforcement action and criminal conviction