SEC charges crypto project Unicoin, executives with $100 million fraud offering ⚖️
The U.S. Securities and Exchange Commission (SEC) has charged the cryptocurrency project Unicoin and its executives with a $100 million fraud offering. The SEC alleged that Unicoin falsely claimed to have sold over $3 billion worth of certificates, while in reality, the project raised no more than $110 million. This discrepancy led to accusations of misleading investors.
Source: www.theblockcrypto.com ↗
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