On March 27, Unicoin CEO Alex Konanykhin stated that his company is still under investigation and called on the new SEC leadership to drop the charges against Unicoin. Konanykhin said he wrote to the SEC Crypto Task Force on March 17, questioning the investigation's motives and requesting a review of law enforcement officials who "weaponized regulatory power for political purposes". The SEC had previously accused Unicoin of fraud, misleading behavior, and issuing unregistered securities before the end of the Biden administration. Konanykhin stated that the company was forced to promise not to list in the US, not to raise funds, and not to issue tokens, and had temporarily moved to Europe to conduct business. After Trump took office and promised to make the US the "global crypto capital", Konanykhin returned to New York to prepare for listing, but the SEC then announced a civil lawsuit against the company.
He pointed out that the SEC's accusation of "illegal airdrops" is essentially a marketing strategy commonly used in the crypto industry, and that even "when the president issued a meme coin, he was using it".
Unicoin claims to be a more transparent and reliable alternative to Bitcoin and is actively pushing forward its listing plan. Konanykhin stated that if the SEC continues to pursue responsibility, "many people will be shocked".
The SEC spokesperson declined to comment on Unicoin's case status.