A federal judge in New York Alexander, the founder of the Emanifx collapsing platform, ordered the payment of more than 228 million dollars as compensation after he ruled that the company was a Bonzi plan that canceled the fraud on tens of thousands of investors.
The US Commodity Futures Trading Committee (CFTC) obtained a brief ruling against Alexander and Elenevx, with the American boycott judge Valerie Caboni responsible for more than 228 million dollars as compensation and an additional $ 15 million in the defect, According to To present the court on Tuesday.
“The defendants Alexander and Effex are jointly vulnerable to payment of compensation for a total amount of 228,576,962 dollars,” the court ruled. “The defendant Alexander is responsible for paying the cells for 15,049,500 dollars.”
The ruling comes more than three years after Alexander accused the first time and after more than a year He acknowledged that he is guilty in a parallel criminal case.
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Eminifx $ 262 million on fake Robo merchant’s claims
Eminifx was launched in 2021 and soon attracted more than 25,000 investors, and more than 262 million dollars raised in just eight months. The company has promised 5 % weekly returns to 9.99 % through the so -called “account with the help of consultants”, which claims to publish automatic trading strategies in the encryption and Forex markets.
In fact, the court files show that the sustainable platform is no less than $ 49 million and has never published the technology it announced.
According to the investigators, Alexander cleared at least $ 15 million for personal use, financing credit card bills, luxury cars and cash withdrawals. Meanwhile, the withdrawal of investors was pushed using hanging money from new participants.
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Court rulings, founder of Eminifx for a period of nine years
Alexander began to fall in May 2022 when public prosecutors and CFTC provided parallel procedures. In the criminal case, it is I confess To the fraud in goods and was sentenced to nine years in prison, along with a restoration order of $ 213 million.
The civil case, which is now concluded by Cabonian order, adds parallel compensation and parallel mandate, although any payments to the restoration “compensate for his discipline commitment”, according to court ruling.
The recipient appointed by the court, who oversees the recovery and distribution of assets since 2022, began paying the money recovered to the victims earlier this year after approving a distribution plan in January.
Costume losses, fraud and exploits $ 2.47 billion in the first half From 2025, according to CERTIK. While the Q2 has seen $ 800 million lost across 144 accidents, a decrease in value by 52 % and 59 less than the breakthroughs compared to Q1, the total year so far increased by approximately 3 % from 2024.
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