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This summary text is fully AI-generated and may therefore contain errors or be incomplete.
This summary text is fully AI-generated and may therefore contain errors or be incomplete.
The SEC has warned Unicoin of impending legal action, alleging securities law violations. CEO Alex Konanykhin disputes the claims, framing them as politically charged amid shifting regulatory priorities.
- SEC alleges Unicoin violated antifraud and registration rules by misrepresenting its token and conducting improper airdrops.
- Unicoin CEO Alex Konanykhin claims the charges are politically motivated and linked to internal SEC conflicts under new leadership.
- The case coincides with the Trump administration rolling back prior crypto enforcement actions, hinting at broader regulatory shifts.
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