The Futures and Trading Commission (CFTC) Committee moves the court to impose a heavy penalty on Eminifx and Eddy Alexandre.
On September 25, 2025, the CFTC filed a proposal for a permanent order and a monetary monetary penalty against the defendants.
The document, observed by the FX News Group, states that the defendants must pay a political monetary penalty of forty -five million hundred and forty -eight thousand dollars ($ 45,148,500).
In May 2022, CFTC filed a complaint by Alexandre, individually and as a major and representative of EMINIFX, Inc., requested fraudulent and accept more than $ 200 million from pool participants for a centralized vehicle for investment in interests.
The defendants accepted funds from hundreds of people to reach Forex and Cryptocurrencies, as well as future fulfillment and options contracts in an investment club. The defendants guarantee customer refunds 5% per week.
In fact, the defendants only used about $ 9 million of capital customers for Forex and Cryptocurrency trade in an account in Alexandre’s name. Alexandre lost almost 70% of this amount – about $ 6.2 million – through non -profitable transactions and fees.
CFTC’s complaint claimed that the defendants also abused significant amounts of other customers’ money, sending it to Alexandre’s names, using it to pay other customers in a Ponzi type plan and use it for Alexandre’s personal expenses.
Alexandre then said guilty of criminal charges on the basis of the same underlying behavior on July 25, 2023, a criminal decision against Alexandre, considering the guilty of fraud of basic products below 7 USC §§ 9 (1) and 13 (A) (5) and 17 CFR § 180.1.