Founder of EminiFX, a cryptocurrency and forex trading platform, was ordered to pay $228 million in damages for his Ponzi scheme.

Eddy Alexandre, founder of cryptocurrency and forex trading platform EminiFX, has been ordered by a federal court in New York to repay over $228 million for operating a Ponzi scheme that defrauded tens of thousands of investors. He is also required to pay $15 million in restitution for his ill-gotten gains.