PANews reported on April 4th that Alex Konanykhin, co-founder of Unicoin, a crypto investment company, hopes the SEC will end its investigation into the company and join the list of crypto firms that have escaped regulatory litigation. Previously, the SEC had made allegations of fraud and unregistered securities against Unicoin during the Biden administration, forcing the company to move its business to Europe and halt fundraising in the United States. Konanykhin stated that the allegations are baseless and emphasized that Unicoin has always openly reported transaction records and financial data.
Previously, the US SEC had issued a Wells Notice to the crypto investment company Unicoin.
