6 hours ago | 2 mins read Bitcoin News The CEO agreed to give back approximately $248 million as per DOJ. Eddy advertised EminiFX as a passive income platform. With his guilty plea to commodities frau...
Tag: EminiFX
EminiFX CEO Pleads Guilty to $240M Scheme to Defraud Investors
The CEO of a crypto and forex platform pleads guilty to a $248M fraud scheme. EminiFX CEO is facing as much as ten years behind bars for his part in the fraudulent enterprise. According to a press rel...
How The DeFi Space Has Become A Massive Breeding Ground For Crypto Ponzi Schemes
A large number of recent Ponzi schemes have used decentralized finance (DeFi) infrastructure to defraud their customers. This article explores the DeFi ecosystem and how fraudsters are able to exploit...
FBI Arrests NY Crypto Platform EminiFX CEO for Alleged Fraud
Slumping cryptocurrencies have not only had to deal with plummeting values lately, but authorities are uncovering more and more crypto crimes that are adding to the industry’s bad name. U.S. tax...
FX and Crypto Trading Platform CEO Charged for $59 Million Fraud
The authorities in the United States have charged Eddy Alexandre with commodities fraud and wire fraud offenses for his activities with cryptocurrency and forex trading platform EminiFX. Announced on ...