On April 23, 2025, the cryptocurrency company Unicoin from Miami rejected the SEC's settlement offer in the investigation, as reported by CEO Alex Konanykhin in a letter to investors. The SEC accuses Unicoin of fraud, deception, and the sale of unregistered securities after issuing a Wells Notice in December 2024. Konanykhin called the SEC's demands "unacceptable," refusing to negotiate on April 18, and is preparing for a court trial, claiming that the company is the "most compliant" in the U.S.
Unicoin, which offers tokens backed by real assets such as real estate, claims that the investigation has caused losses of "billions of dollars," hindering ICOs, exchange listings, and fundraising. Konanykhin suggests that the SEC's actions may be related to the remnants of former chairman Gary Gensler's policies, although the new Trump administration has eased cryptocurrency regulations.
This conflict could impact the future regulation of the crypto market, as the SEC has suspended investigations against other companies like Coinbase and Immutable. The outcome of Unicoin's court battle will determine the balance between innovation and compliance.
#Unicoin #SEC #CryptoNews #Blockchain #Web3 #加密货币 #区块链 #数字资产 #MiningUpdates
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