EminiFX @ BehindMLM

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

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.

Following an August 3rd Status Conference, a March 2023 EminiFX criminal trial date has been set.

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.

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.

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

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.

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.

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.

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