Unicoin Hit With SEC Charges Over $100M Fraud Scheme

The US Securities and Exchange Commission (SEC) has charged New York-based Unicoin and three top executives with defrauding investors through misleading and untrue statements. The SEC’s complaint details how the Company attracted over 5,000 investors through aggressive marketing campaigns. At the same time, it made fraudulent claims about the token’s asset-backing and regulatory status source: https://www.thecoinrepublic.com/2025/05/21/unicoin-hit-with-sec-charges-over-100m-fraud-scheme/