IMPORTANT UPDATE: The Receiver has recently become aware of a class action captioned Joseph et al. v. GCC of 7th Day Adventist et al., No. 23 Civ. 21552 (S.D. Fla.), filed last month in federal court in Miami concerning EminiFX. The Receiver has NOT endorsed this lawsuit or ANY other third party lawsuit. In addition, EminiFX users are advised as follows:
UPDATE: The one-page Weekly Performance Reports of EminiFX can be found HERE. A copy of the entire Receiver’s Financial Condition Report of EminiFX can be found HERE.
UPDATE: The Receiver has NOT provided any EminiFX user with a refund. He has not filed a distribution plan in this case, nor has he requested that the Court approve ANY distributions. Any information you have received to the contrary, including about a so-called ’90-day’ process, is incorrect.
Update on Tax Considerations and 1099s. The Receiver is NOT going to send Form 1099 to any EminiFX user who received funds from EminiFX, given the nature of the EminiFX operation. The Receiver is unable to provide you with any advice as you handle your personal tax situation. For that, you will have to consult your personal tax advisor.
Pursuant to an Order of the United States District Court for the Southern District of New York, in the case captioned Commodity Futures Trading Commission v. Eddy Alexandre and EminiFX, Inc. (May 11, 2022), David Castleman has been appointed as Receiver over EminiFX, Inc. The Receiver is not operating EminiFX as a trading platform of any kind. Please do NOT continue to use the EminiFX platform in any way or try to deposit any additional funds into EminiFX. The Receiver encourages all EminiFX users to maintain as many of their records related to EminiFX as possible, especially concerning deposits and withdrawals.
Please send all information requests to EminiFXInquiries@Stretto.com. This website will also be updated from time to time, including with new court filings. The Receiver will NOT publicly post any personally identifying information of any EminiFX user.
The Receiver also encourages all interested parties to send information requests only to the email address above. The Receiver is NOT asking any individual investor to pay a fee in order to submit their information. NO CLAIMS HAVE BEEN FILED YET. Once a claims process is approved, you will have the opportunity to submit a claim.
The court-approved Notice of Receivership, in English, French, and Haitian Creole can be found HERE.
A copy of the Receiver’s Financial Condition Report of EminiFX can be found HERE.
A copy of the CFTC’s complaint can be found HERE.
A copy of the Consent Preliminary Injunction can be found HERE.
A copy of the Receiver’s most recent status report can be found HERE.
A copy of the Receiver’s most recent fee application (First Quarter 2023) can be found HERE. Any EminiFX users who have any questions regarding this fee application may send an email to the Receiver’s team at EminiFXInquiries@Stretto.com.
United States District Court
Southern District of New York
40 Foley Square
New York, NY 10007