SEC charges Unicoin and executives for fraud

SEC charges Unicoin and executives for fraud

The Star Online - Tech·2025-05-21 11:01

(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.

(Reporting by Chandni Shah in Bengaluru; Editing by Sandra Maler)

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