Aug 20, 2025
CFTC Wins $228M Judgment Against Pastor Who Ran Crypto Ponzi Promising 5-10% Weekly Returns
CFTC wins $228M judgment against pastor Eddy Alexandre and his company EminiFX for operating massive crypto Ponzi scheme that promised guaranteed weekly returns of 5-10% through non-existent technology while defrauding over 25,000 investors of $262M between September 2021 and May 2022.
The post CFTC Wins $228M Judgment Against Pastor Who Ran Crypto Ponzi Promising 5-10% Weekly Returns appeared first on Cryptonews.
Source: Cryptonews →Related News
- 1 week ago
Kalshi Faces Multi-State Lawsuits as Prediction Markets Labeled ‘Disguised Gambl...
- 1 week ago
New ‘Torg Grabber’ Malware Targets 728 Crypto Wallets
- 1 week ago
Startale Group Raises $63 Million Series A Backed by SBI and Sony
- 1 week ago
Australia Central Bank Backs Tokenization After $16.7B Pilot Finding
- 1 week ago
Wall Street Target Asia: New Won Stablcoin Plots Asia FX Dominance
