Eddy Alexandre attends the Magstar Funding 3rd Annual Dinner Gala at Woodbury Country Club on January 29, 2009
in Woodbury, New York. (Photo by Gary Gershoff/WireImage)

NEW YORK — Eddy Alexandre, the Long Island man accused of running a $59 million cryptocurrency-based Ponzi scheme, has been released on bail and is to remain under house arrest, according to multiple sources following his case. Meanwhile, more Haitians have come forward, worried and anxious about what’s to happen with the funds now under government control.

“My cousin introduced it to my uncle, who invested $5,000,” said Jude Joseph, a police officer in Brooklyn. “He was upset because he invested all that money and he’s not getting it back.”

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Larisa is a reporter for The Haitian Times covering politics, elections and education primarily. A graduate of the Craig Newmark Graduate School of Journalism at CUNY, she has interned at CNBC and the Balkan Investigative Reporting Network. She is also a recipient of a 2021 DBEI Fellowship by Investigative Reporters & Editors. Larisa can be reached by email at larisa@haitiantimes.com or on Twitter @larisakarr.