The founder of Unicoin calls on the SEC to end its investigation into his company

Unicoin's co-founder, Alex Konanykhin, a cryptocurrency investment company, expressed his hope that the SEC would end its investigation into his company and join the ranks of crypto companies that have escaped regulatory litigation. Previously under the Biden administration, the SEC accused Unicoin of fraud and unregistered securities, forcing it to move its business to Europe and stop fundraising in the United States. Konanykhin claimed these accusations were baseless and emphasized that Unicoin has always openly reported transaction records and financial data.

Earlier news reported that the U.S. SEC had issued a Wells notice to cryptocurrency investment company Unicoin.