According to the US Attorney for the Southern District of New York, and the Commodity Futures Trading Commission, Eddy Alexandre the leader of a purported cryptocurrency and forex trading platform called EminiFX, has been charged with commodities fraud and wire fraud offenses.
The CFTC also obtained an order from the Court appointing a receive to collect and manage the assets of EminiFX.
Sallah Astarita & Cox, LLC has been contacted by EminiFX investors and is reviewing the matter on their behalf.
The goverment alleges that Alexandre solicited more than $59 million in investments from hundreds of individual investors after making false representations in connection with the EminiFX trading platform.
The US Attorney’s office issued a press release regarding the arrest.
If you were an investor in EminiFX and wish to discuss the matter, please call Sallah Astarita & Cox at 212-509-6544.
Mark Astarita is a nationally recognized securities attorney, who represents investors, financial professionals and firms in securities litigation, arbitration and regulatory matters, including SEC and FINRA investigations and enforcement proceedings.
He is a partner in the national securities law firm Sallah Astarita & Cox, LLC, and the founder of The Securities Law Home Page - SECLaw.com, which was one of the first legal topic sites on the Internet. It went online in 1995 and is updated daily with news, commentary and securities law related links.