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SEC Uncovers $110M Crypto Scandal: Unicoin’s ‘Asset-Backed’ Claims Fall Apart

  • SEC charges Unicoin and executives over $110M in allegedly fraudulent crypto offerings.
  • Over 5,000 investors were misled with claims of asset-backed tokens and SEC registration.
  • Unicoin’s aggressive marketing campaign painted an illusion of safety and scale.
  • SEC takes legal action against Unicoin for deceiving investors through false promises about asset backing and token legitimacy.

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