Crypto Visionary Eyes Opportunity Amid SEC Shift

Unicoin Seeks SEC Clearance Amid Regulatory Shift

• Unicoin co-founder Alex Konanykhin aims to remove the company from the SEC’s enforcement list.
• The SEC has recently ended cases against major crypto firms like Coinbase, Binance, Ripple, and Kraken.
• Unicoin was targeted by the SEC late last year for alleged fraud and unregistered securities.
• Konanykhin claims Unicoin sold $3.5 billion worth of tokens to about 70,000 investors.
• Despite declaring its token as a security, Unicoin has not registered it with the SEC yet.

Unicoin is seeking removal from the SEC’s enforcement actions as the regulator shifts to a more industry-friendly approach. Despite acknowledging its token as a security, Unicoin has yet to complete registration with the SEC.