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.
Deadline to Submit Payment Information for Distribution in First Wave
January 31, 2025
Deadline to Object to Disputed Transactions
December 16, 2024
Deadline to Submit Deposit Reassignment Request
November 15, 2024
User Feedback to Distribution Plan Due
August 26, 2024
Town Hall - Distribution Plan
August 14, 2024
(7:00 p.m. ET)
Deadline to Submit Transactions
via User Portals
February 26, 2024
(5:00 p.m. ET)
Opinion Approving Receiver’s Distribution Plan
Initial Distribution Announcement
Transaction Verification and
Claims Procedures – Current Version
Notice of Modification to Transaction
Verification Procedures
Receiver’s Financial Condition
Report of EminiFX
2024 Third Quarter Status Report (11/8/2024)
2024 Second Quarter Status Report (8/2/2024)
2024 First Quarter Status Report (4/26/2024)
2023 Annual Status Report (1/26/2024)
2023 Third Quarter Status Report (10/27/2023)
2023 Second Quarter Status Report (7/28/2023)
2023 First Quarter Status Report (4/28/2023)
2022 Annual Status Report (2/15/2023)