Eddie Alexandre can pay $213,639,133 in restitution to EminiFX victims.
The CFTC’s civil EminiFX case has additionally been reopened.
Last judgment was entered in opposition to Alexandre on July twenty fifth. As beforehand reported, Alexandre was sentenced to 9 years in jail final month.
Alexandre’s restitution order brings EminiFX legal proceedings to an in depth.
On July twentieth the courtroom ordered the CFTC’s civil EminiFX case be reopened. The case was stayed final September, pending the end result of Alexandre’s legal proceedings.
On July twenty eighth the EminiFX Receiver filed a Standing Report for the second quarter of 2023.
Throughout Q2 2023, the Receivership
- offered $20.3 million in recovered cryptocurrency (~700 BTC) and
- earned $1.14 million in curiosity
As of the top of Q2 2023, the EminiFX Receivership is sitting on $153 million in money.
Trying ahead,
The Receiver expects to file a movement for approval of a consumer transaction verification and claims course of in early August 2023
The Receiver and his crew have already begun to create the infrastructure for the EminiFX Person Portal.
As of August tenth, the above cited Movement for Approval has but to be filed.