SEC charges Boateng, firms over alleged $16M Ponzi
The SEC has charged Ernest Ossei Boateng and two companies with operating a $16 million Ponzi scheme, allegedly diverting funds for personal expenses and earlier investor payments.
The SEC has charged Ernest Ossei Boateng and two companies with operating a $16 million Ponzi scheme, allegedly diverting funds for personal expenses and earlier investor payments.
Tether and Fasanara Capital launched StableFund, a $400 million private credit vehicle to direct institutional capital to SMEs using USD₮ settlement infrastructure.
Malone Lam, 22, pleaded guilty to RICO conspiracy involving over $245 million in stolen cryptocurrency, facing a sentencing range of 324 to 405 months.
Visa's stablecoin settlement run rate has topped $20 billion, growing more than 15x year over year, driven by onchain credit funding card programs and fintechs.
Robinhood acquires equity stakes in Crypto.com and OG.com, expanding its prediction markets business, which generated $156 million in Q2 revenue.
Binance announced the delisting of several margin and spot trading pairs, with margin positions closing and spot pairs removed on September 11, 2026.