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FX Daily Updates
SEC charges Unicoin and executives for fraud
georgemiller
Publish Date: Wed, 21 May 2025, 00:46 AM

May 20 (Reuters) - The U.S. Securities and Exchange Commission (SEC) on Wednesday charged cryptocurrency company Unicoin and three of its top executives, including its CEO and Board Chairman Alex Konanykhin, for false and misleading statements that raised more than $100 million from thousands of investors.
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https://www.reuters.com/sustainability/boards-policy-regulation/sec-charges-unicoin-executives-fraud-2025-05-21/