Unicoin Faces $100M SEC Allegations: The High-Stakes Battle in the Crypto Arena
San Francisco, California — The U.S. Securities and Exchange Commission is embroiled in a legal battle with Unicoin, centering on allegations that could total $100 million in settlements regarding cryptocurrency sales. The agency claims that Unicoin’s offerings constitute unregistered securities, a contention that underscores the ongoing scrutiny of digital asset enterprises. The SEC’s case asserts that Unicoin failed to comply with federal securities laws by not registering its investment offerings, a requirement designed to protect investors and ensure transparency in financial markets. This legal confrontation highlights broader regulatory challenges faced by cryptocurrency firms seeking to … Read more