Eddy Alexandre

EminiFX receiver seeks order compelling Eddy Alexandre to turn over assets and info

David A. Castleman, the Court-appointed receiver over EminiFX is trying to secure a Court order compelling Eddy Alexandre to turn over assets.

There has been an important update from the receiver of EminiFX regarding an initial distribution of funds to those affected by the scam.

Eddy Alexandre, owner and operator of EminiFX, has failed to secure dismissal of the CFTC case against him and his firm.

The New York Southern District Court has denied motion by EminiFX investors to intervene in the lawsuit brought by the CFTC.

The Commodity Futures Trading Commission (CFTC) opposes the EminiFX investors’ motion to intervene.

In 2022, cash receipts by the Receivership of EminiFX totaled nearly $65 million, primarily from the turnover of frozen funds.

The CFTC supports the Receiver’s proposal that estate digital assets be sold in a managed liquidation process.

The Government wants to stay discovery in the CFTC case against EminiFX in its entirety until the conclusion of a related criminal case.