NY Court Orders EminiFX Founder to Pay $228M in Restitution

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Written by Nausheen Thusoo Updated:
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Reviewed By Reviewed By Rekha Sharma

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A federal judge in New York has ordered the founder of EminiFX, who was found guilty of operating a Ponzi scam, to reimburse victims more than $228 million.

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Written by Nausheen Thusoo Multimedia Journalist at Times Crypto

A crypto and finance journalist with over three years of experience turning complex market trends into stories that anyone can understand. With a strong background in covering business, finance, and digital assets, Nausheen has contributed to global media outlets including Reuters and CoinGape. Passionate about the fast-moving world of blockchain and emerging tech, she blends sharp analysis with clear storytelling, making insights valuable for both new readers and seasoned investors.