SEC Charges Unicoin and Executives With $100 Million Fraud

The US Securities and Exchange Commission has charged New York-based Unicoin Inc. and its executives with orchestrating a $100 million fraud.

The regulator charged the company and executives Alex Konanykhin, Silvina Moschini and Alex Dominguez for false and misleading statements related to an offering of certificates promising rights to receive cryptoassets and stock, according to a Tuesday statement.