Crypto investment platform Unicoin hit back at the US Securities and Exchange Commission’s fraud lawsuit after three months, accusing the agency of distorting its regulatory statements to build a case.Unicoin…
In brief
The SEC has accused Unicoin and its executives of misleading investors and inflating deals.
CEO Alex Konanykhin says the charges are politically motivated “fabrications” meant to block Unicoin’s public listing.
Legal…
Crypto firms have been facing account closures and denials of banking services for years under the label of de-risking. Many in the crypto industry believe that the debanking represents a…
This is a segment from the Empire newsletter. To read full editions, subscribe.Last night, the SEC announced it was suing Unicoin and its executives, alleging that the team violated securities…
Update May 21, 4:32 am UTC: This article has been updated to add more information from the SEC’s complaint.The US Securities and Exchange Commission has sued crypto investment platform Unicoin…
In brief
The SEC has charged Unicoin and top executives with allegedly misleading over 5,000 investors in a $100 million crypto offering.
Regulators said Unicoin made false statements about asset backing, registration,…
The US Securities and Exchange Commission has charged crypto platform Unicoin and three of its executives, alleging they made false and misleading statements about its crypto assets that raised $100…
The U.S. Securities and Exchange Commission sued crypto company Unicoin and three executives on Tuesday night on fraud charges, saying the company raised over $100 million for tokens that were…