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.
Nadia Rahman is CoinScoop's Markets Editor. She covers Bitcoin, macro liquidity and the spot-ETF complex, and previously reported on rates and FX for a global newswire.
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.
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