SEC Charges Unicoin With Faking Billion-Dollar Fundraise and Real-Estate Backing

The US Securities and Exchange Commission (SEC) has charged Unicoin, Inc. and its senior leadership with deceiving investors through exaggerated fundraising claims and false assurances about their crypto token. The SEC’s lawsuit alleges that Unicoin’s reported capital raise and asset backing were significantly overstated. Federal regulators are intensifying their scrutiny of the crypto industry, highlighting Unicoin and its executives over alleged securities violations source: https://beincrypto.com/sec-charges-unicoin-misleading-investors/