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N.Y. Man Arrested, Charged With Fraud for Alleged Role in $59M Crypto Pyramid Scheme

The FBI says Eddy Alexandre promised investors he could double their money with a “robo-adviser” – and then spent their money on luxury cars and business expenses.

By Cheyenne Ligon

Updated May 11, 2023, 6:18 p.m. Published May 12, 2022, 9:44 p.m.

Eddy Alexandre allegedly ran the $59 million pyramid scheme (note: the chyron in the screenshot misspells Alexandre's name). (FBI/modified by CoinDesk)