Alex KonanykhinCEO of Cryptocurrency Company Unicointhe denominated by the Securities and Exchange Commission The lawsuit against his company on Wednesday and calls the allegations ‘flagrant untrue’.
What happened: In a LinkedIn -message, Konanykhin expressed Shock and disappointment about the legal steps of the regulator.
“This attack came when we believed that a better future for cryptocurrency came up. Only a day earlier said SEC Commissioner Peirce, the chairman of the Crypto Task Force, that such coins should not be regulated by the SEC,” he said.
In the speech referred to by Konanykhin, Hester Peirce stated That “most” cryptocurrencies were not effects according to her understanding.
“The allegations of the SEC are clearly incorrect. We are planning to prove before the court that they are another case of gross abuse of power,” said Konanykhin.
Publication: 82% of the CFD accounts of the retail trade lose money
Konanykhin further defended Unicoin and stated that it is ‘the most conforming cryptocurrency company in the country’ and the only years with years of controlled financial and detailed SEC reports. He promised to combat the allegations and stated that the actions of the SEC caused the damage of several billions of dollars to Unicoin investors.
The defense of Konanykhin comes a day after the SEC fraud costs had submitted against the company established in New York and its top managers, including the CEO of Unicoin, for misleading investors and the collection of more than $ 100 million. Moreover, the company was accused of violating the federal securities laws by not making offers and sale of law certificates.
Photo thanks to: Jrdes on Shutterstock.com
Unicoin was the title sponsor for Benzinga’s 2023 Fintech Deal Days and Future of Digital Assets Event.
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