cryptonews: The CEO of a fake crypto and foreign exchange platform, EminiFX, pled guilty to defrauding investors of nearly $250 million. 🧐
Eddy Alexandre pled guilty to conning thousands of investors by guaranteeing 5% weekly returns, but "failed to invest" most of it, stealing just $14.7 million, prosecutors said.
"Alexandre referred to this technology as his 'trade secret' and refused to tell investors what the technology was." "In reality, Alexandre failed to invest a substantial portion of this investors' money and even used some funds for personal purchases."
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