EminiFX CEO Eddy Alexandre has pleaded guilty to commodities fraud and agreed to repay millions of investors whose funds were lost in his “cryptocurrency investment scam.” The United States Department of Justice (DOJ) declared on February 10 that Alexandre submitted a guilty plea to one count of commodities fraud and agreed to forfeit over $248 million. EminiFX CEO Faces A Prison Term of Up To Ten Years In May 2022, Alexandre was taken into custody and charged with participating in EminiFX. At first, he pleaded not guilty, but on February 10, he changed his plea. He faces a maximum prison The post EminiFX CEO Pleads Guilty to $248 Million Fraud Scheme appeared first on Cryptoknowmics-Crypto News and Media Platform .