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Top Unicoin Executives Accused of Defrauding Investors in SEC Complaint

  • SEC filed charges against New York-based crypto exchange Unicoin and top executives for defrauding investors through misleading claims.
  • Unicoin falsely claimed to have raised over $3 billion through its rights certificate offerings, but in reality raised only $110 million.
  • Unicoin executives accused of orchestrating deceptive promotional campaigns regarding rights certificates as access to 'asset-backed' Unicoin tokens.
  • SEC alleges false claims by Unicoin executives regarding regulatory compliance and seeks penalties and injunctions against them.

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