Summary

Collection item

SEC is seeking injunctive relief, disgorgement, civil penalties against Unicoin and its top executives, as well as officer-and-director bans for the three senior executives named in the case

Unicoin, according to SEC, was falsely promoting it’s tokens which had to be tied to “rights certificates” backed by real-world assets such as international real estate holdings and equity interests in pre-IPO companies worth billions of dollars

Securities and Exchange Commission has charged New York-based Unicoin and top executives with defrauding 5000 investors by raising more than $100 million through a crypto offering based on false claims about asset backing, registration, and real estate valuations

Unicoin received a Wells notice from the SEC in December 2024 indicating plans to file securities fraud charges followed by a settlement proposal, but, according to CEO Alexander Konanykhin, the company rejected the agency’s settlement meeting request, calling it an “ultimatum” with “unacceptable” preconditions

Data source type

Collection data source

Filter

{"where":{"AND":[{"attribute":"Jfmby78N4BCseZinBmdVov","is":"KeG9eTM8NUYFMAjnsvF4Dg"}]}}