Unicoin Co-Founder Wants to Be 'Next' as SEC Eases Crypto Crackdown Under Trump
Unicoin co-founder Alex Konanykhin is pushing for the SEC to drop its investigation into his company following a shift in the regulatory landscape under the Trump administration. He highlighted recent dismissals of cases against various crypto firms, which include Coinbase and Binance, as evidence of the SEC's move away from aggressive enforcement. Konanykhin criticized earlier allegations against Unicoin, claiming them to be unfounded and reflective of former SEC Chairman Gary Gensler's anti-crypto position. He described the SEC's scrutiny as unmerited, especially since Unicoin has characterized its token as a security while continuing to engage with the SEC. Despite having sold a substantial amount of Unicoin tokens, the firm has not successfully registered them with the regulator. Konanykhin hopes to see a resolution that aligns with a more supportive regulatory environment as other companies have experienced recently, emphasizing transparency within Unicoin's operations.
Source đź”—