EminiFX Founder Ordered to Pay $228 Million in Restitution

Eddy Alexandre, founder of the now-defunct EminiFX platform, has been ordered to pay over $228 million in restitution for a Ponzi scheme that defrauded investors. The US court mandated this payment as part of his nine-year prison sentence imposed for commodities fraud. This case underscores the ongoing fight against centralized crypto scams and highlights the need for regulatory intervention to protect investors.