SEC Charges Ex-Circle Board Member With Investment Fraud
A former Circle board member is being sued by the US Securities and Exchange Commission (SEC) over alleged investment fraud, it has been revealed.
According to a 13th May press release unsealed by the federal agency, Iftikar Ahmed is accused of fraud and self-dealing in connection with Oak Investment Partners.
Ahmed served as a general partner at Oak, which took part in Circle’s $17m Series B round.
