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About SHARK

Sharky Sharkx (SHARK) is a cryptocurrency launched in 2025. SHARK has a current supply of 999.94M with 0 in circulation. The last known price of SHARK is 0 USD and is 0 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at .
SHARK Price Statistics
SHARK’s Price Today
24h Price Change
-$00.00%
24h Volume
$00.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#4251
SHARK Market Cap
Market Cap
$0
Fully Diluted Market Cap
$13,757.34
SHARK Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
SHARK Supply
Circulating Supply
0
Total Supply
999.94M
Max Supply
0
Updated Jun 23, 2025 12:50 pm
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SHARK
Sharky Sharkx
$0
$0(-0.00%)
Mkt Cap $0
There's nothing here for now
EminiFX Founder Ordered to Pay $228 Million in Restitution for Ponzi Scheme
EminiFX Founder Ordered to Pay $228 Million in Restitution for Ponzi Scheme
According to Cointelegraph, a federal judge in New York has mandated Eddy Alexandre, the founder of the now-defunct cryptocurrency platform EminiFX, to pay over $228 million in restitution. This decision follows the court's determination that EminiFX operated as a Ponzi scheme, defrauding tens of thousands of investors. The U.S. Commodity Futures Trading Commission (CFTC) achieved a summary judgment against Alexandre and EminiFX, with U.S. District Judge Valerie Caproni holding them jointly responsible for the restitution amount and an additional $15 million in disgorgement. The court's ruling comes more than three years after Alexandre was initially charged and over a year following his guilty plea in a related criminal case. EminiFX, which launched in 2021, quickly amassed over 25,000 investors, raising more than $262 million within eight months. The company falsely promised weekly returns ranging from 5% to 9.99% through a "Robo-Advisor Assisted Account," which purportedly utilized automated trading strategies in cryptocurrency and forex markets. However, court documents revealed that the platform incurred net losses of at least $49 million and never implemented the advertised technology. Investigations uncovered that Alexandre diverted at least $15 million for personal expenses, including credit card payments, luxury vehicles, and cash withdrawals. Investor withdrawals were funded using commingled funds from new participants, a hallmark of Ponzi schemes. Alexandre's legal troubles began in May 2022 when prosecutors and the CFTC initiated parallel actions. In the criminal proceedings, he confessed to commodities fraud and received a nine-year prison sentence, along with a $213 million restitution order. The civil case, now concluded with Judge Caproni's order, imposes a parallel restitution and disgorgement requirement, although any restitution payments will offset his disgorgement obligation. The court-appointed receiver, tasked with managing the recovery and distribution of assets since 2022, commenced disbursing recovered funds to victims earlier this year after a distribution plan was approved in January. Meanwhile, losses from cryptocurrency hacks, scams, and exploits have reached $2.47 billion in the first half of 2025, as reported by CertiK. Although the second quarter saw $800 million lost across 144 incidents—a 52% decrease in value and 59 fewer hacks compared to the first quarter—the total losses for the year have already increased by nearly 3% from 2024.
Aug 20, 2025 5:53 pm

Frequently Asked Questions

  • What is the all-time high price of Sharky Sharkx (SHARK)?

    The all-time high of SHARK was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Sharky Sharkx (SHARK) is 0. The current price of SHARK is down 0% from its all-time high.

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  • How much Sharky Sharkx (SHARK) is there in circulation?

    As of , there is currently 0 SHARK in circulation. SHARK has a maximum supply of 0.

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  • What is the market cap of Sharky Sharkx (SHARK)?

    The current market cap of SHARK is 0. It is calculated by multiplying the current supply of SHARK by its real-time market price of 0.

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  • What is the all-time low price of Sharky Sharkx (SHARK)?

    The all-time low of SHARK was 0 , from which the coin is now up 0%. The all-time low price of Sharky Sharkx (SHARK) is 0. The current price of SHARK is up 0% from its all-time low.

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  • Is Sharky Sharkx (SHARK) a good investment?

    Sharky Sharkx (SHARK) has a market capitalization of $0 and is ranked #4251 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Sharky Sharkx (SHARK) price trends and patterns to find the best time to purchase SHARK.

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