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BTCC / BTCC Square / Global Cryptocurrency /
SEC Charges Unicoin and Executives Over Alleged $110 Million Crypto Fraud

SEC Charges Unicoin and Executives Over Alleged $110 Million Crypto Fraud

Author:
Global Cryptocurrency
Published:
2025-05-21 02:41:02
18
2

The U.S. Securities and Exchange Commission has filed charges against Unicoin and its top executives, including CEO Alex Konanykhin and board member Silvina Moschini, for allegedly defrauding over 5,000 investors in a $100 million crypto offering. The complaint, lodged in the Southern District of New York, accuses the company of making false claims about asset backing, regulatory registration, and the total capital raised.

Unicoin’s marketing campaign aggressively promoted the offering as a secure investment, leveraging widespread advertising to attract participants. The SEC’s action underscores ongoing regulatory scrutiny of crypto projects making unsubstantiated claims to investors.

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