On March 14, 2026, U.S. District Judge Ronnie Abrams dismissed RICO claims against Eddy Alexandre in a class-action lawsuit linked to a crypto Ponzi scheme, citing the Private Securities Litigation Reform Act. Investors are allowed 30 days to file an amended complaint.
Eddy Alexandre was previously sentenced to nine years for commodities fraud, with further penalties surpassing 229 million USD from CFTC actions. Allegations suggested he raised funds promising unrealistic returns but mismanaged investors’ money significantly.
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