CFTC wins $288m EminiFX judgment against Eddy Alexandre over crypto Ponzi scheme
The CFTC has obtained summary judgment against Eddy Alexandre and his firm EminiFX over a commodity pool Ponzi scheme that drew more than $262 million from tens of thousands of investors in eight months. The segment covers the court's findings, the monetary relief ordered, and how much has actually been clawed back to victims so far.
- The court ordered $228,576,962 in restitution, $15,049,500 in disgorgement and a $45,148,500 civil penalty.
- EminiFX took in more than $262 million from tens of thousands of investors over eight months while promising weekly returns of 5% to 9.99%.
- The firm suffered net losses exceeding $49 million, including at least $15 million Alexandre misappropriated for personal use.
- A court-appointed receiver had returned over $98 million to more than 28,000 investors as of July 2026.
- Alexandre is serving a nine-year prison sentence in a parallel action brought by the U.S. Attorney for the Southern District of New York.