EminiFX, Inc. Receivership

EminiFX, Inc. Receivership

Case Number: 22-03822 (VEC)

Southern District of New York

URGENT NOTICE: A Distribution Announcement email was sent last night in error by our claims and noticing administrator. Please disregard that email. A corrected Distribution Announcement email will be sent to all Users later today. Any claim a User had is preserved, and distributions will be paid to eligible investors.

IMPORTANT UPDATE: The Court has approved the Receiver’s Distribution Plan.  The Court’s decision can be found here.  The Receiver has announced an initial distribution of $100 million, a rising tide distribution of 45% to Class 3 investors (who may be eligible for additional distributions in the future), and a rising tide distribution of 55% to Class 3A investors (who receive a single payment if eligible).  The Receiver’s announcement can be found here.  Please log onto your User Portal to see your specific distribution, if any, and provide your payment information.  A video explainer by the Receiver can be found here .

Pursuant to an Order of the United States District Court for the Southern District of New York in the case captioned CFTC v. Eddy Alexandre and EminiFX, Inc., David Castleman has been appointed as Receiver over EminiFX, Inc.  The Receiver is an independent fiduciary and reports to the Court and not to the parties in the case.  The Receiver’s job is to preserve and administer the assets of EminiFX and other assets traceable to EminiFX customers.

The Receivership team will do its best to answer all emails and calls. Due to the high volume of inquiries, we encourage you to first review this website to see if your question may be addressed here. Please do NOT direct comments to the Court unless you have made a motion to intervene that has been granted [Dkt. 176], and DO NOT contact the Receiver or his law firm directly. A motion to intervene by certain claimants was denied by the Court on February 14, 2024 [Dkt. 256]. However, all claimants may continue to email EminiFX@stretto.com for any inquiries.

You may receive e-mails from Stretto from time to time.  These e-mails will contain important information, including advising Users how to access the portal to confirm or update their User transactions, as well as reminders of upcoming deadlines.  Please open and read these e-mails and follow any instructions.