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Home » CFTC Wins Summary Judgment in $228M Crypto Ponzi Case
Crypto & Web3

CFTC Wins Summary Judgment in $228M Crypto Ponzi Case

EditorBy EditorAugust 20, 2025No Comments3 Mins Read
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In brief A federal judge ordered Eddy Alexandre and EminiFX to pay $228.5 million in restitution to victims of a crypto Ponzi scheme that promised fake weekly returns of 5% to 9.99% using nonexistent “AI trading technology.” Alexandre exploited his position of trust within Long Island’s Haitian community and his own church congregation to recruit...

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