EminiFX @ BehindMLM

CFTC’s EminiFX fraud case stayed pending crim proceedings

The DOJ has secured a stay of the CFTC’s civil EminiFX fraud proceedings.

EminiFX investors flood CFTC docket with improper filings

Disgruntled EminiFX investors have flooded the CFTC case docket with pro se motions. The motions demand the Judge reconsider an earlier order approving EminiFX Receivership expenses.

Eddy Alexandre pleads not guilty to commodities & wire fraud

EminiFX founder Eddy Alexandre’s arraignment and pre-trial conference was held on June 16th. Alexandre pled not guilty to one count of commodities fraud and one count of wire fraud.

Eddy Alexandre consents to EminiFX preliminary injunction

The CFTC has secured a preliminary injunction agreement with EminiFX owner Eddy Alexandre. The proposed injunction, which awaits approval from the court, was filed on June 14th.

Receiver finds EminiFX had no legitimate business operations

Since taking over EminiFX’s business operations on May 11th, the Temporary Receiver hasn’t found any legitimate underlying business operations.

Eddy Alexandre released on extradition waiver, no guard

Eddy Alexandre has successfully moved to have his EminiFX bail conditions modified. Arguing that he’s left unable to pay for a security guard, whilst not disclosing what he did with EminiFX’s missing millions in crypto, Alexandre will be released on bail without guard 24/7 guard monitoring.

Eddy Alexandre still in prison pending EminiFX bail decision

A decision on Eddy Alexandre’s request to modify his EminiFX bail release conditions remains pending. In the meantime his attorney has filed a response to the DOJ’s opposition filing. The response mostly rehashes the same arguments, but also provides some new information.

DOJ opposes Eddy Alexandre’s change of bail conditions

The DOJ has filed its opposition to Eddy Alexandre’s proposed change of bail conditions letter. As predicted, a key issue is the missing millions in crypto Alexandre is suspected of stashing away.

Eddy Alexandre tries to weasel out of EminiFX bail conditions

Well that didn’t take long. Eddy Alexandre is already trying to weasel out of his EminiFX bail release conditions.

Eddy Alexandre’s initial court appearance and what’s next

EminiFX owner Eddy Alexandre was arrested in New York on May 12th. Later that same day Alexandre made his initial court appearance. Here’s what happened, and what’s next.