Unicoin founder calls for SEC to end investigation into his company

Alex Konanykhin, co-founder of crypto investment firm Unicoin, has expressed his hope that the SEC will end its investigation into his company and join the ranks of crypto companies that have emerged from regulatory litigation. Previously, the SEC filed fraud and unregistered securities charges against Unicoin during the Biden administration, forcing it to shift its business to Europe and stop fundraising in the United States. Konanykhin stated that the accusation is unfounded and emphasized that Unicoin has been publicly reporting its trading records and financial data. Previously, the US SEC has issued a Wells notice to the cryptocurrency investment company Unicoin.