EminiFX @ BehindMLM

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.

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.

The court-appointed EminiFX Temporary Receiver has set up a website and made contact with investors.

On May 12th EminiFX founder and CEO Eddy Alexandre was arrested. The bust was part of a joint operation between the DOJ and CFTC. Part of that operation was an FBI sting that began in or around March 2022. In this article we examine how the FBI took down Alexandre and, following his arrest, what [Continue reading…]