According to CoinDesk, ChainCatcher reports that Unicoin CEO Alex Konanykhin stated that the company is still under SEC investigation, and he has written to the SEC requesting the termination of charges and reviewing the "politicization of regulation" by enforcement officials.

Previously, the SEC had accused Unicoin of fraud and illegal securities issuance during the late Biden administration, which led the company to temporarily relocate to Europe. After the Trump administration pushed to make the US a "global crypto capital," the company returned to New York with plans to go public, only to face another SEC civil lawsuit. Konanykhin claimed that the SEC's accusation of "illegal airdrops" is a common industry marketing technique, noting that "even the president used it when issuing a meme coin," and emphasized that Unicoin is actively preparing for its IPO.

The SEC spokesperson did not comment on the case status.