SEC Charges Unicoin, Top Executives With $100M ‘Massive Securities Fraud’
Unicoin’s CEO announced last month that he’d rejected the SEC’s offer to negotiate a settlement. May 21, 2025, 1:29 a.m. 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 not actually backed by the real estate its executives claimed.The SEC sued Unicoin, CEO Alexander Konanykhin, former board chair Maria Moschini, senior vice president and general counse...
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