The CFTC’s appointed Receiver in the Traders Domain case filed a renewed contempt motion against Alex Santi (Alejandro Santiestaban) on February 11, 2026, alleging ongoing violations of court orders,official court filings. Santi, a top promoter and defendant through his company Centurion Capital Group, faces accusations of concealing $3.4 million in payments from Alpha Trader used for luxury expenses. This marks the third contempt proceeding against Santi, following prior orders in 2024 and 2025 requiring full cooperation and disclosure, CFTC records.
Santi claimed in sworn declarations and motions that he had no involvement with Alpha Trader after the Receivership began and that the company was not operating, per court documents. However, the Receiver uncovered a Regions Bank account generating millions in revenue, with $3,400,892 paid toward Santi’s American Express card between October 2024 and December 2025. Santi held 51% ownership and signed the warehouse lease in Medley, Florida, yet failed to disclose these assets until pressured. The Receiver also discovered luxury vehicles and watches funded by Alpha Trader, contradicting Santi’s representations.
The motion highlights Santi’s undisclosed spending on vacations, luxury watches, vehicles, and gifts to his fiancée, including a Rolex, a Bvlgari necklace, an Audemars Piguet watch, and a Hermès Birkin bag, per court filings. Alpha Trader’s social media posts featuring these items were deleted after the Receiver’s demands, per. Santi’s fiancée, Liset M. Cabrera, faces service issues for a subpoena, per. The Receiver argues Santi’s actions deprive Traders and Domain victims of restitution funds from the $283 million Ponzi losses alleged by the CFTC, per official case documents.
The Receiver seeks full compliance, legal costs, a $3.4 million compensatory sanction, and $500 daily fines backdated to March 2025, per. Santi’s sentencing in the case remains pending, with no recent public updates, per CFTC dockets. Investors in The Traders Domain should monitor the official Receivership site for claim updates. Bitcoin ($113,234) and broader crypto markets are unaffected, but the case underscores MLM risks, per. Track CFTC filings at cftc.gov and follow @CFTC on X for developments. A successful contempt ruling could accelerate victim restitution, but Santi’s pattern of non-compliance may prolong proceedings.
