SEC files $100 million complaint against tokenized asset firm for crypto securities fraud

The U.S. Securities and Exchange Commission (SEC) accused cryptocurrency startup Unicoin and its top executives of orchestrating a massive fraud scheme. The SEC alleges that they raised more than $...

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SEC files $100 million complaint against tokenized asset firm for crypto securities fraud

Source: CryptoSlate

The U.S. Securities and Exchange Commission (SEC) accused cryptocurrency startup Unicoin and its top executives of orchestrating a massive fraud scheme. The SEC alleges that they raised more than $100 million from thousands of investors using false promises about asset-backed tokens and inflated fundraising numbers. A crypto dream built on illusions? The SEC’s 77-page complaint, filed […]