A convicted cryptocurrency fraudster and his fund were ordered to pay a more than $45.1 million penalty to the US Commodity Futures Trading Commission over what a federal court called a Ponzi scheme mostly targeting Haitian-American investors in New York.

Eddy Alexandre and EminiFX Inc. are permanently barred from entering into transactions involving commodity interests, and subject to other injunctive relief, Judge Valerie E. Caproni said in her final judgment Thursday. The founder and his crypto and foreign-exchange firm are responsible for the civil penalty jointly and severally.

• Alexandre and EminiFX together were liable for almost $229 million in restitution, …