EminiFX, Inc. Receivership

EminiFX, Inc. Receivership

Case Number: 22-03822 (VEC)

Southern District of New York

DISTRIBUTION UPDATE

The Receiver has completed over $75 million in distributions, with the first wave of USD distributions complete on Friday, February 28, 2025.

If you have not received your distribution, the most likely reason is that the Receiver does not have your payment information.  Please log onto your User Portal to see your specific distribution, if any, and provide your payment information.

For Canadians receiving distributions in CAD, the Receiver is processing distributions through Interac, which will take longer to complete.

If you have questions regarding the status of your payment, or whether you were included in the initial distribution, please submit an inquiry via EMINIFX@STRETTO.COM and a member of our team will respond as quickly as possible.  Only emails and calls to the Stretto box will be returned.

The Receiver’s announcement of the $100 million initial distribution can be found here.  A video explainer by the Receiver can be found here.  The Court’s decision approving the Receiver’s Distribution Plan can be found here.  

The Rising Tide is currently set at 45% for Class 3, and is set at 55% for Class 3A.  Class 3 investors may be eligible for additional distributions in the future, whereas Class 3A investors will only receive a single payment if eligible.
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.