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Federal Court Ruling

Federal Judge Declares EminiFX a Ponzi Scheme, Orders $228M in Restitution

August 25, 2025

Federal Judge Declares EminiFX a Ponzi Scheme, Orders $228M in Restitution

Federal judge declares EminiFX a Ponzi scheme, ordering $228M in restitution to victims and appointing a receiver. The ruling caps a yearslong probe and signals tougher enforcement of high-yield, crypto-style investments.