🚨🇺🇸SEC
#Charges Unicoin and Executives in $100M
#Fraud Case
🔹SEC has charged Unicoin and top executives, including CEO Alex Konanykhin, for fraud
🔹Allegations: false/misleading statements led to
#raising over $100 million from
#investors 🔹Thousands
#reportedly misled via unregistered crypto securities sales
🔹The case underscores growing regulatory pressure on crypto fundraising practices
Source: Reuters, May 21, 2025