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Wednesday, April 23, 2025

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EminiFX crypto fraud

MANHATTAN — The Commodity Futures Trading Commission secured its motion for summary judgment against a crypto investment platform, EminiFX, and its founder who conducted a fraud scheme in which investors were misled by fabricated weekly returns and nonexistent trading technology. The company and executive will pay more than $228 million in restitution in addition to disgorgement.

Read the ruling here.

Categories / Briefs, Business, Consumers, Financial

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