Unicoin Co-Founder Wants to Be 'Next' as SEC Eases Crypto Crackdown Under Trump
Unicoin co-founder Alex Konanykhin seeks to be removed from the SEC's enforcement list as the agency shifts to a more favorable stance on cryptocurrency. He noted that several crypto companies have recently been cleared of SEC investigations. The SEC's previous aggressive approach followed the FTX collapse, targeting firms like Coinbase and Binance. Unicoin faced allegations of fraud and unregistered securities late last year, attributed to the prior administration's leadership. Following these allegations, Unicoin relocated operations to Europe and ceased U.S. fundraising. Konanykhin asserts that Unicoin has sold $3.5 billion in tokens and claims transparency through public disclosures, despite not registering its token with the SEC. The project gained attention when Apple co-founder Steve Wozniak endorsed it during its launch.
