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Unicoin Rejects SEC's Law Enforcement Investigation and Settlement Request

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2025-04-22 20:57:58
Unicoin CEO Alex Konanykhin revealed in a letter to investors on Tuesday that Unicoin rejected the Securities Exchange Commission's (SEC) attempt to negotiate a settlement to end its investigation of the Miami-based cryptocurrency company.
The SEC issued a Wells Notice to Unicoin in December, indicating possible enforcement action for alleged securities violations. Unicoin's CEO claims the SEC's actions have seriously damaged the company's financial prospects.
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