The US Securities and Exchange Committee (SEC) has accused the New York -based New York and three senior executives with misleading claims and investors more than $ 100 million in customers.
Crypto SECON SECONS has achieved
On Tuesday, the Supreme Education Council Declare A lawsuit has been filed in the American District Court of the Southern Region in New York against Crypto Unicoin, its CEO and Chairman of the Board of Directors Alex Connikin, its former Chairman Silvina Moshini, and its former manager Alex Domingoz.
The organizational agency accused the defendants of making wrong and misleading data related to the symbol of unicoin and the company’s joint stock offers, and they are the imposition of the unicoin, Konanykhin, Moschini, and Dominguez violations of the provisions of Antifraud by federal securities laws.
SEC's complaint against Unicoin and its top executives. Source: SEC
Konanihoen and UNicoin also accused the violation of the provisions of registration in the Securities Law of 1933, and Konnnakhin as a person monitoring some of the amazing violations of the company.
In addition, Richard Devilin, General Adviser to Unicoin, accused the violation of federal securities laws by making similar wrong data in the special places note that the company used to provide and sell certificates of law and shared shares.
According to Mark Kaif, assistant director of the SEC enforcement department, Unicoin and CEOs “took advantage of thousands of investors with fake promises that, upon its issuance, it will be supported by real assets, including a valuable real estate portfolio.”
However, “real estate assets deserved merely a small part of what the company claimed, and most of the company’s sales of fake rights certificates were. It is claimed that senior executives of Unicoin led to the sustainability of fraud, and today seeks to be accountable for their behavior.”
Unikoin to the allegations of “fighting” in court
SEC’s complaint confirms that since February 2022, Unicoin and Konanykhin have violated federal securities laws by engaging in unregistered offers and sales of rights certificates, with Konanykhin’s offer and sold more than 37.9 million of his rights certificates “to provide better prices and target them.
The executive is accused of persuading more than 5,000 investors to purchase rights certificates “through the wrong and misleading data that she has portrayed as investments in safe, stable and profitable” encryption assets “, including that the symbols have sold more than $ 3 billion in rights certificates, when it increased from $ 110 million.
SEC's complaint accuses the Defendants of false and misleading statements. Source: SEC
SEC also claims that Crypto falsely claimed that the correct certificates and unicoin symbols were “registered” SEC “or” registered the United States “, and has made wide promotional efforts to market the correct certificates to the public, including ads at major airports, with New York cars, on television and on social media.
As such, the complaint seeks to obtain permanent restless relief, dismantle the illegal gains with the interest of the ruling, and civil penalties against the defendants. In addition, he is looking for officers and managers against Connninhin, Motheini, and Fumingoy.
In April interview With Crypto journalist and Eleanor Terret, CEO of Unicoin revealed that the company plans to fight SEC allegations in court with a possible lawsuit.
After complaining the International Financial Agency, Konanykhin He said They inherit the SEC behavior, stressing that they are persecuting “the most cryptocurrency company in the country using the wrong fees.”
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