May 21, 2025

SEC Charges Unicoin and Executives for $110 Million Fraud

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The post SEC Charges Unicoin and Executives for $110 Million Fraud appeared first on Coinpedia Fintech News The SEC has charged New York-based Unicoin and three of its top executives with fraud. They are accused of misleading over 5,000 investors to raise $110 million. According to the SEC, Unicoin promised big returns but failed to deliver, putting investors at risk. The case highlights the importance of caution when investing in crypto projects and holding companies accountable for dishonest practices. The investigation is ongoing.

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