<ul><li>The SEC has filed a lawsuit against Unicoin and four executives for allegedly misleading investors and raising over $100 million through deceptive crypto-linked certificates.</li><li>Unicoin falsely promoted its token as backed by a real estate portfolio that either did not exist or was significantly overvalued, and misrepresented the offering's regulatory status.</li><li>Despite receiving a Wells notice in December, Unicoin declined to settle with the SEC and intends to fight the charges in court, citing the agency's conditions as 'unacceptable.'</li><li>The SEC alleges that Unicoin's leadership misrepresented various aspects of their offering since 2022, including the firm's financial condition and the backing of its promised token, leading to the legal action initiated by the SEC.</li></ul>

SEC Charges Unicoin Inc. and Executives in $100 Million “Real-Estate-Backed” Token Fraud

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