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SEC Slams Unicoin Brass With $100M Fraud Suit—Another Crypto ’Innovation’ Goes Rogue
SEC Slams Unicoin Brass With $100M Fraud Suit—Another Crypto ’Innovation’ Goes Rogue
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Regulators drop the hammer on yet another token project accused of playing fast and loose with investor funds.
The SEC just unloaded on Unicoin and its top execs, alleging a nine-figure scam wrapped in blockchain buzzwords. Because nothing says ’disruptive fintech’ like old-school securities fraud.
Here’s the kicker—the complaint claims they pulled the classic ’fake it till you make it’ routine, except they forgot the ’make it’ part. Color us shocked.
Another day, another crypto project learning the hard way that the SEC actually reads whitepapers. Maybe try filing next time instead of winging it?
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