Judge Valerie Caproni also ruled that the founder of Eminifx is obliged to return $ 15 million to investors illegally. The judge satisfied the request of the US commodity futures (CFTC), which required EminifX to compensate for the loss of customers.
The department claims that the fraudulent cryptopyramid operating from September 2021 to May 2022 is a fraudulent cryptopyramid. Alexander misled thousands of people, promising a guaranteed weekly income of 5% of the amount of funds invested in Eminifx. He stated that investors will be able to receive passive income using the “secret technology” of Eminifx, which automated the trade in foreign currencies and cryptoactives.
EminifX promised investors that their investments would double for five months, reinforcing the words “fabricated reports on the weekly increase in capital”. In fact, the founder of EminifX did not make a profit, but rather lost millions in unsuccessful transactions, says CFTC. Alexander transferred almost $ 15 million to a personal account and spent more than $ 150,000 on the purchase of BMW and Mercedes-Benz cars.
In May 2022, the police detained a man on charges of goods fraud. At first he disputed the charges, but in February 2023 he pleaded guilty to fraud in the amount of $ 250 million. The court appointed nine years in prison to the accused.
Recently, the Seattle federal court sentenced two founders of the Hashflare mining service Sergey Potapenko and Ivan Turygin by 16 months of prison for creating a cryptocurrency pyramid, operating with funds for $ 577 million.
Source: Bits
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