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UNI remains under pressure across both the 6H and weekly timeframes, with price still trading inside a broader descending structure.
On the 6H chart, price is moving within a falling wedge, recently pushing into the lower boundary. The sharp move below local support suggests sell-side liquidity was taken, followed by a modest reaction. This area can still see additional volatility, including a potential wick extension below the channel support, before any meaningful reversal attempt.
On the weekly timeframe, UNI continues to respect a long-term descending structure, with price failing to reclaim key resistance levels. The recent breakdown confirms
weakness, and upside attempts remain corrective unless price can reclaim and hold above prior resistance zones.
Key observations
Price is near the lower region of the descending structure
Possible liquidity sweep below recent lows before stabilization
Bullish continuation only becomes relevant after reclaiming mid-range resistance
Failure to hold current levels keeps downside risk open
For now, UNI remains in a reactive zone, where patience is needed as the market decides between deeper downside exploration or a structural reclaim.
@Uniswap Protocol $UNI #UNICoin
#uni
On the 6H chart, price is moving within a falling wedge, recently pushing into the lower boundary. The sharp move below local support suggests sell-side liquidity was taken, followed by a modest reaction. This area can still see additional volatility, including a potential wick extension below the channel support, before any meaningful reversal attempt.
On the weekly timeframe, UNI continues to respect a long-term descending structure, with price failing to reclaim key resistance levels. The recent breakdown confirms
weakness, and upside attempts remain corrective unless price can reclaim and hold above prior resistance zones.
Key observations
Price is near the lower region of the descending structure
Possible liquidity sweep below recent lows before stabilization
Bullish continuation only becomes relevant after reclaiming mid-range resistance
Failure to hold current levels keeps downside risk open
For now, UNI remains in a reactive zone, where patience is needed as the market decides between deeper downside exploration or a structural reclaim.
@Uniswap Protocol $UNI #UNICoin
#uni
UNI/USDT – Technical Analysis
Trend: Strong descending channel intact (lower highs & lower lows). Price is currently testing the upper boundary of the channel.
Structure: Rally appears corrective within a bearish structure, not yet a breakout.
RSI (14): ~46 – below 50, showing weak bullish momentum and still favoring sellers.
Key Levels
Resistance: 3.55–3.65 (channel top)
Support: 3.30 → 3.00 → 2.80
Scenarios
Bearish Rejection: Failure at channel resistance likely leads to continuation toward 3.30 then 3.00.
Bullish Breakout: 4H close above 3.65 could open upside to 3.90–4.10, signaling potential trend shift.
@Uniswap Protocol $UNI #UNICoin
#uni
Trend: Strong descending channel intact (lower highs & lower lows). Price is currently testing the upper boundary of the channel.
Structure: Rally appears corrective within a bearish structure, not yet a breakout.
RSI (14): ~46 – below 50, showing weak bullish momentum and still favoring sellers.
Key Levels
Resistance: 3.55–3.65 (channel top)
Support: 3.30 → 3.00 → 2.80
Scenarios
Bearish Rejection: Failure at channel resistance likely leads to continuation toward 3.30 then 3.00.
Bullish Breakout: 4H close above 3.65 could open upside to 3.90–4.10, signaling potential trend shift.
@Uniswap Protocol $UNI #UNICoin
#uni
Uniswap (UNI) is the governance token of the Uniswap decentralized exchange (DEX) on Ethereum, which uses automated market maker (AMM) pools to facilitate token swaps without order books. UNI holders guide protocol changes and upgrades.
Recently, UNI has faced downward price pressure, breaking key supports and entering a short‑term bearish trend with oversold technical indicators, reflecting broader altcoin weakness.
High selling volume and a whale exit contributed to the decline, though temporary rebounds have occurred when support levels hold, showing mixed sentiment.
Uniswap’s governance “UNIfication” proposal — including significant token burns and a fee‑switch mechanism — could strengthen long‑term value by making UNI more deflationary.
The token’s performance often mirrors DeFi market trends and liquidity conditions; broader macro and regulatory news also influence trading.
Traders watch key support/resistance zones and network activity for clearer direction in this volatile market phase.
@Uniswap Protocol $UNI #UNICoin
#uni
Recently, UNI has faced downward price pressure, breaking key supports and entering a short‑term bearish trend with oversold technical indicators, reflecting broader altcoin weakness.
High selling volume and a whale exit contributed to the decline, though temporary rebounds have occurred when support levels hold, showing mixed sentiment.
Uniswap’s governance “UNIfication” proposal — including significant token burns and a fee‑switch mechanism — could strengthen long‑term value by making UNI more deflationary.
The token’s performance often mirrors DeFi market trends and liquidity conditions; broader macro and regulatory news also influence trading.
Traders watch key support/resistance zones and network activity for clearer direction in this volatile market phase.
@Uniswap Protocol $UNI #UNICoin
#uni
$UNI Live Price Snapshot:
UNI is trading around ~$5.7 USD with mild intraday volatility. (Live real-time data)
Market Context
📈 Price behavior: UNI has shown a small bounce recently but remains in a broader downtrend over the past 30 days, reflecting weak altcoin liquidity and market risk-off sentiment. �
📊 Volume: Trading volume has dipped, indicating caution among traders. �
TradingView
CoinGecko
Bullish Catalysts
✅ Governance Proposal: A major UNI tokenomics overhaul (fee switch + 100M token burn vote) is underway. If it passes, this could reduce circulating supply and support price upside. �
CoinMarketCap
Bearish Risks
⚠️ Macro Pressure: Bitcoin dominance is high, pushing capital out of alts like UNI. �
⚠️ Weak Volume: Recent rallies lack strong buying volume, making them less sustainable. �
CoinMarketCap
CoinMarketCap
Short-Term Levels to Watch
📌 Support: ~$5.00 – key psychological zone & recent lows. �
📌 Resistance: ~$6.10–$6.30 – recovery zone before wider upside. �
#UNI #UNICoin #UNIAnalysis
UNI is trading around ~$5.7 USD with mild intraday volatility. (Live real-time data)
Market Context
📈 Price behavior: UNI has shown a small bounce recently but remains in a broader downtrend over the past 30 days, reflecting weak altcoin liquidity and market risk-off sentiment. �
📊 Volume: Trading volume has dipped, indicating caution among traders. �
TradingView
CoinGecko
Bullish Catalysts
✅ Governance Proposal: A major UNI tokenomics overhaul (fee switch + 100M token burn vote) is underway. If it passes, this could reduce circulating supply and support price upside. �
CoinMarketCap
Bearish Risks
⚠️ Macro Pressure: Bitcoin dominance is high, pushing capital out of alts like UNI. �
⚠️ Weak Volume: Recent rallies lack strong buying volume, making them less sustainable. �
CoinMarketCap
CoinMarketCap
Short-Term Levels to Watch
📌 Support: ~$5.00 – key psychological zone & recent lows. �
📌 Resistance: ~$6.10–$6.30 – recovery zone before wider upside. �
#UNI #UNICoin #UNIAnalysis
🥞 $UNI Coin: Powering the Future of Decentralized Trading 🥞
💻 $UNI has been on my radar for a while, and seeing it in action today reminds me why Uniswap has become such a central player in DeFi. It’s the token behind the platform, enabling seamless, trustless trading—like a digital marketplace where buyers and sellers connect directly, no middleman required.
🧠 Origins and Purpose
UNI launched as Uniswap’s governance token, giving holders real influence over platform decisions. From voting on protocol upgrades to fee changes, it quickly became more than a token—it’s a tool for shaping the future of one of the largest decentralized exchanges.
📈 Current Status
Today, UNI continues to thrive as Uniswap expands its user base and liquidity pools. It incentivizes participation while granting governance rights, keeping the ecosystem transparent and community-driven. Its role in DeFi makes it a cornerstone token for anyone interested in decentralized trading.
💡 Future Outlook
UNI’s potential grows alongside DeFi adoption. As decentralized finance continues to evolve, the token’s influence in governance and participation could increase. But risks remain—market volatility, competitive platforms, and changing regulations could all affect its trajectory. Viewing UNI as a participation tool rather than just a tradable asset offers a more grounded perspective.
⚙️ Real-World Analogy
Holding UNI is like owning a vote in a cooperative market. The more engaged you are, the more you can help guide how the platform evolves. It’s participation, influence, and utility bundled into one token.
🪙 UNI isn’t just a crypto token—it’s a gateway into decentralized finance, connecting users with governance, liquidity, and the power to shape the platform’s future. Watching its journey offers a front-row seat to DeFi in action.
#UNICoin #DeFi #DecentralizedTrading #Write2Earn #BinanceSquare
💻 $UNI has been on my radar for a while, and seeing it in action today reminds me why Uniswap has become such a central player in DeFi. It’s the token behind the platform, enabling seamless, trustless trading—like a digital marketplace where buyers and sellers connect directly, no middleman required.
🧠 Origins and Purpose
UNI launched as Uniswap’s governance token, giving holders real influence over platform decisions. From voting on protocol upgrades to fee changes, it quickly became more than a token—it’s a tool for shaping the future of one of the largest decentralized exchanges.
📈 Current Status
Today, UNI continues to thrive as Uniswap expands its user base and liquidity pools. It incentivizes participation while granting governance rights, keeping the ecosystem transparent and community-driven. Its role in DeFi makes it a cornerstone token for anyone interested in decentralized trading.
💡 Future Outlook
UNI’s potential grows alongside DeFi adoption. As decentralized finance continues to evolve, the token’s influence in governance and participation could increase. But risks remain—market volatility, competitive platforms, and changing regulations could all affect its trajectory. Viewing UNI as a participation tool rather than just a tradable asset offers a more grounded perspective.
⚙️ Real-World Analogy
Holding UNI is like owning a vote in a cooperative market. The more engaged you are, the more you can help guide how the platform evolves. It’s participation, influence, and utility bundled into one token.
🪙 UNI isn’t just a crypto token—it’s a gateway into decentralized finance, connecting users with governance, liquidity, and the power to shape the platform’s future. Watching its journey offers a front-row seat to DeFi in action.
#UNICoin #DeFi #DecentralizedTrading #Write2Earn #BinanceSquare
⚖️
#Binance #crypto #news #BTC #UNICoin
SEC sued Unicoin for $100,000,000 fraud - document
The regulator accused the crypto company Unicoin and its top managers of large-scale fraud:
✧ The company attracted more than $100,000,000, claiming that its token was secured by real estate - but the transactions were not closed, and the objects were overpriced.
✧ Declared purchases in Argentina, Thailand, Antigua and the Bahamas were estimated at $1,400,000,000, but actually cost no more than $300,000,000.
✧ Certificate sales were also inflated: $3,000,000,000 was declared, in fact - $110,000,000.
✧ Advertising promised a yield of up to 9,000,000%, comparing Unicoin with the early days of Bitcoin.
$BTC
#Binance #crypto #news #BTC #UNICoin
SEC sued Unicoin for $100,000,000 fraud - document
The regulator accused the crypto company Unicoin and its top managers of large-scale fraud:
✧ The company attracted more than $100,000,000, claiming that its token was secured by real estate - but the transactions were not closed, and the objects were overpriced.
✧ Declared purchases in Argentina, Thailand, Antigua and the Bahamas were estimated at $1,400,000,000, but actually cost no more than $300,000,000.
✧ Certificate sales were also inflated: $3,000,000,000 was declared, in fact - $110,000,000.
✧ Advertising promised a yield of up to 9,000,000%, comparing Unicoin with the early days of Bitcoin.
$BTC
$UNI /USDT Alert!
Price: $6.386 (Rs1,789.8)
24h Change: +17.22% DeFi Gainer alert!
Sentiment: Bullish, buyers strong
Support: $6.114
Resistance: $6.500
Target: $6.600 for next move
Market momentum strong! Traders apni positions monitor karein aur short-term gains capture karein
#CryptoAlert #BinanceTrading #UNICoin #DeFiGainer
Price: $6.386 (Rs1,789.8)
24h Change: +17.22% DeFi Gainer alert!
Sentiment: Bullish, buyers strong
Support: $6.114
Resistance: $6.500
Target: $6.600 for next move
Market momentum strong! Traders apni positions monitor karein aur short-term gains capture karein
#CryptoAlert #BinanceTrading #UNICoin #DeFiGainer
My Assets Distribution
USDT
ETH
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7.32%
$UNI Price Snapshot
Current Price: ~$6.01 USD
24H Range: ~$5.77 – $6.02
Market Cap: ~ $3.7B
Short‑term price performance: modest rise with weekly strength noted. �
Binance +1
Market Technical
Technical indicators show bullish bias with buy signals from MACD, ADX, RSI etc. — suggesting possible short‑term support and continuation upward. �
Investing.com
Price Action
UNI has cleared near‑term resistance zone (~$5.50) and shows breakout momentum. Recent governance news (protocol fee vote + potential token burn) adds bullish sentiment. �
CoinMarketCap +1
Trend Summary
Bullish near‑term: breakout momentum + protocol fee/burn catalyst
Neutral overall: still below major long‑term highs
Bear risk: if fails weekly support, can retest range lows around ~$5.5. �
coincodex.com
#UNI #UNIcoin #UNIanalysis
Current Price: ~$6.01 USD
24H Range: ~$5.77 – $6.02
Market Cap: ~ $3.7B
Short‑term price performance: modest rise with weekly strength noted. �
Binance +1
Market Technical
Technical indicators show bullish bias with buy signals from MACD, ADX, RSI etc. — suggesting possible short‑term support and continuation upward. �
Investing.com
Price Action
UNI has cleared near‑term resistance zone (~$5.50) and shows breakout momentum. Recent governance news (protocol fee vote + potential token burn) adds bullish sentiment. �
CoinMarketCap +1
Trend Summary
Bullish near‑term: breakout momentum + protocol fee/burn catalyst
Neutral overall: still below major long‑term highs
Bear risk: if fails weekly support, can retest range lows around ~$5.5. �
coincodex.com
#UNI #UNIcoin #UNIanalysis
SEC Accuses Crypto Project Unicoin of $110 Million Fraud
On May 20, 2025, the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against the New York company Unicoin and three of its top executives — CEO Alex Konyakhin, board member Silvini Moskini, and former chief investment officer Alex Dominguez. They are accused of deceiving over 5,000 investors, allowing them to raise $110 million. According to the SEC, Unicoin inflated the sales of 'certificate rights' to $3 billion, while the actual amount did not exceed $110 million, and falsely claimed that the tokens and certificates were registered with the SEC. The company also exaggerated the value of assets, claiming support for tokens with real estate and assets worth billions of dollars, while their actual value was significantly lower.
Unicoin Challenges SEC Fraud Allegations in Court
According to Cointelegraph, crypto investment platform Unicoin has formally responded to a fraud lawsuit filed by the U.S. Securities and Exchange Commission (SEC) three months ago. Unicoin claims the SEC misrepresented regulatory statements to build its case and asks the federal court in New York to dismiss the lawsuit.
The SEC alleged that Unicoin and its executives raised $100M by misleading investors regarding certificates promising rights to Unicoin tokens and shares. Unicoin counters that the SEC relied on selective excerpts, misinterpreted ordinary financial forecasts as fraud, and ignored risk disclosures, arguing that the case lacks sufficient evidence of intentional deception.
Unicoin describes the lawsuit as a “cherry-picked complaint,” emphasizing that token issuance had not occurred and assets were disclosed, claiming that the SEC is attempting to penalize optimistic projections rather than actual wrongdoing.
#SEC #Unicoin #CryptoNews #CryptoRegulation #CryptoUpdate
According to Cointelegraph, crypto investment platform Unicoin has formally responded to a fraud lawsuit filed by the U.S. Securities and Exchange Commission (SEC) three months ago. Unicoin claims the SEC misrepresented regulatory statements to build its case and asks the federal court in New York to dismiss the lawsuit.
The SEC alleged that Unicoin and its executives raised $100M by misleading investors regarding certificates promising rights to Unicoin tokens and shares. Unicoin counters that the SEC relied on selective excerpts, misinterpreted ordinary financial forecasts as fraud, and ignored risk disclosures, arguing that the case lacks sufficient evidence of intentional deception.
Unicoin describes the lawsuit as a “cherry-picked complaint,” emphasizing that token issuance had not occurred and assets were disclosed, claiming that the SEC is attempting to penalize optimistic projections rather than actual wrongdoing.
#SEC #Unicoin #CryptoNews #CryptoRegulation #CryptoUpdate
Unicoin opposes SEC's fraud lawsuit, claiming political motives
The cryptocurrency company #Unicoin will file a motion to dismiss the lawsuit from the U.S. Securities and Exchange Commission (SEC), alleging that the agency has distorted information and made politically motivated "fraud" allegations. Previously, the SEC sued Unicoin and three executives, accusing them of deceiving investors and raising over $100 million through misleading statements.
Unicoin rebuts the allegations
Unicoin argues that they have always complied with regulations and been transparent from the beginning, such as voluntarily registering securities and only allowing accredited investors to participate. CEO Alex Konanykhin believes the lawsuit is a deliberate act to prevent Unicoin from listing on the New York Stock Exchange (NYSE), which he believes would be an "embarrassing failure" for the anti-crypto campaign of #SEC . He also refuted allegations of inflating asset values, asserting that the SEC confused contract value with actual asset value.
Major legal challenge
Although Unicoin strongly opposes, legal experts warn that the company will face a tough battle. They note that the SEC's lawsuit shares many similarities with traditional securities fraud lawsuits, including allegations of financial exaggeration and real estate transactions. Although the Trump administration tended to be friendly towards crypto, experts believe that this holds little weight in federal court. #anh_ba_cong
The cryptocurrency company #Unicoin will file a motion to dismiss the lawsuit from the U.S. Securities and Exchange Commission (SEC), alleging that the agency has distorted information and made politically motivated "fraud" allegations. Previously, the SEC sued Unicoin and three executives, accusing them of deceiving investors and raising over $100 million through misleading statements.
Unicoin rebuts the allegations
Unicoin argues that they have always complied with regulations and been transparent from the beginning, such as voluntarily registering securities and only allowing accredited investors to participate. CEO Alex Konanykhin believes the lawsuit is a deliberate act to prevent Unicoin from listing on the New York Stock Exchange (NYSE), which he believes would be an "embarrassing failure" for the anti-crypto campaign of #SEC . He also refuted allegations of inflating asset values, asserting that the SEC confused contract value with actual asset value.
Major legal challenge
Although Unicoin strongly opposes, legal experts warn that the company will face a tough battle. They note that the SEC's lawsuit shares many similarities with traditional securities fraud lawsuits, including allegations of financial exaggeration and real estate transactions. Although the Trump administration tended to be friendly towards crypto, experts believe that this holds little weight in federal court. #anh_ba_cong
🤷 SEC Accuses Unicoin of $100 Million Fraud
The SEC has just charged Unicoin Inc. and senior executives like CEO Alex Konanykhin and Silvina Moschini with investment fraud. The company raised over $100 million from 5,000 investors through “rights certificates” in exchange for future Unicoin Tokens.
Unicoin advertised that the Tokens were backed by real estate and shares of private companies, but the SEC stated that most of this was fabricated. They also falsely promoted that the project was registered with the SEC.
Legal advisor Richard Devlin was also implicated and accepted a $37,500 penalty. The SEC is requiring Unicoin to return funds, pay fines, and prohibiting executives from participating in the management of public companies.
#SEC #UNICoin #token
The SEC has just charged Unicoin Inc. and senior executives like CEO Alex Konanykhin and Silvina Moschini with investment fraud. The company raised over $100 million from 5,000 investors through “rights certificates” in exchange for future Unicoin Tokens.
Unicoin advertised that the Tokens were backed by real estate and shares of private companies, but the SEC stated that most of this was fabricated. They also falsely promoted that the project was registered with the SEC.
Legal advisor Richard Devlin was also implicated and accepted a $37,500 penalty. The SEC is requiring Unicoin to return funds, pay fines, and prohibiting executives from participating in the management of public companies.
#SEC #UNICoin #token
Unicoin CEO Rejects SEC’s Attempt to Settle Enforcement Probe
In a letter to shareholders on Tuesday, Unicoin CEO Alex Konanykhin said the SEC’s investigation has inflicted “multi-billion-dollar damages” on its investors and token holders.
By Cheyenne Ligon|Edited by Jesse Hamilton
Apr 23, 2025, 1:02 a.m.
What to know:
Unicoin has rejected the SEC's attempt to negotiate a settlement over an ongoing investigation.The SEC issued a Wells notice to Unicoin in December, indicating potential enforcement action for alleged securities violations.
Unicoin's CEO claims the SEC's actions have significantly harmed the company's financial prospects.
$UNI
$BTC
#UNICoin #SEC #etf #MarketRebound #BinanceAlphaAlert
By Cheyenne Ligon|Edited by Jesse Hamilton
Apr 23, 2025, 1:02 a.m.
What to know:
Unicoin has rejected the SEC's attempt to negotiate a settlement over an ongoing investigation.The SEC issued a Wells notice to Unicoin in December, indicating potential enforcement action for alleged securities violations.
Unicoin's CEO claims the SEC's actions have significantly harmed the company's financial prospects.
$UNI
$BTC
#UNICoin #SEC #etf #MarketRebound #BinanceAlphaAlert
🟡 SEC Charges Unicoin Over $100M Token Sale Fraud
On May 20, 2025, the SEC filed civil fraud charges against Unicoin and four executives for selling "Unicoin Rights Certificates" without registration, while misleading investors about asset backing and financial health.
Although pitched as equity- and real estate–backed, many deals never closed, and valuations were inflated. The SEC also alleges the CEO privately resold tens of millions of these certificates without verifying investor eligibility.
Unicoin claimed to have raised up to $3B. The SEC says only ~$110M was actually received.
🔍 Full article: https://theholycoins.com/news/unicoin-and-executives-face-sec-charges-in-usd100m-asset-backed-token-fraud-scheme
#UNICoin #SEC
On May 20, 2025, the SEC filed civil fraud charges against Unicoin and four executives for selling "Unicoin Rights Certificates" without registration, while misleading investors about asset backing and financial health.
Although pitched as equity- and real estate–backed, many deals never closed, and valuations were inflated. The SEC also alleges the CEO privately resold tens of millions of these certificates without verifying investor eligibility.
Unicoin claimed to have raised up to $3B. The SEC says only ~$110M was actually received.
🔍 Full article: https://theholycoins.com/news/unicoin-and-executives-face-sec-charges-in-usd100m-asset-backed-token-fraud-scheme
#UNICoin #SEC
🚀 " #UNICoin – DeFi ka King!" 🔗💸
#DeFiKaChampion #UNIcoin #CryptoFuture #UniswapPower #HODLUNI
Socho aik aisi duniya jahan aap crypto trade kar rahay ho bina kisi middleman ke. Na koi bank, na broker — sirf aap aur blockchain! 💻🔐
Yeh hi vision le kar aaya Uniswap, aur usi ka star coin hai UNI.
UNI coin sirf ek token nahi — yeh DeFi revolution ka flag hai! 🌍⚡
🔹 Built on Ethereum
🔹 Pure Decentralized Exchange (DEX)
🔹 Governance token — jahan holders karte hain vote ✅
🔹 Transparent, fast, aur low fee swaps 🔁
Har bar jab aap centralized exchange pe trust karte ho, ek baar socho —
"Kya main apne crypto future ko control kar raha hoon?"
Agar nahi, to waqt hai Uniswap ka hissa banne ka!
UNI coin sirf ek investment nahi — yeh aik DeFi movement hai jo duniya ko badal raha hai! 🔄🌐
📈 Apna hissa lo is revolution mein... Hold karo UNI, aur bano apni financial duniya ke king! 👑
#DeFiKaChampion #UNIcoin #CryptoFuture #UniswapPower #HODLUNI
Socho aik aisi duniya jahan aap crypto trade kar rahay ho bina kisi middleman ke. Na koi bank, na broker — sirf aap aur blockchain! 💻🔐
Yeh hi vision le kar aaya Uniswap, aur usi ka star coin hai UNI.
UNI coin sirf ek token nahi — yeh DeFi revolution ka flag hai! 🌍⚡
🔹 Built on Ethereum
🔹 Pure Decentralized Exchange (DEX)
🔹 Governance token — jahan holders karte hain vote ✅
🔹 Transparent, fast, aur low fee swaps 🔁
Har bar jab aap centralized exchange pe trust karte ho, ek baar socho —
"Kya main apne crypto future ko control kar raha hoon?"
Agar nahi, to waqt hai Uniswap ka hissa banne ka!
UNI coin sirf ek investment nahi — yeh aik DeFi movement hai jo duniya ko badal raha hai! 🔄🌐
📈 Apna hissa lo is revolution mein... Hold karo UNI, aur bano apni financial duniya ke king! 👑
Unicoin Fights Back Against SEC Lawsuit: Company Seeks Case Dismissal
Crypto company Unicoin has filed a motion to dismiss the lawsuit brought against it by the U.S. Securities and Exchange Commission (SEC). The regulator accuses the firm and its executives of misleading investors and raising more than $100 million through deceptive claims about its token offerings and assets.
Unicoin’s Position
According to Unicoin, the lawsuit misrepresents its history and ignores key facts. The company insists it has built its operations on transparency, regulatory compliance, and responsible innovation. It highlights that it voluntarily registered securities, published audited financial statements, and restricted participation to accredited investors.
CEO Alex Konanykhin called the SEC’s actions politically motivated, noting that past investigations had found no wrongdoing. “We followed every rule, hired top securities lawyers and auditors, yet the SEC fabricated accusations,” he said.
Disputed Real Estate Deals
The SEC alleges that Unicoin exaggerated property acquisitions in Argentina, Thailand, Antigua, and the Bahamas, sometimes announcing deals that were not finalized. Unicoin counters that these were valid contractual agreements, arguing that the regulator is conflating transaction values with property ownership values.
For instance, in 2023 the company signed a $335 million deal to acquire a luxury resort in Thailand, intending to finance it with Unicoin tokens. The firm claims every deal was backed by binding contracts, though property transfers were delayed due to SEC actions.
Allegations Over Unicoin Certificates
The Commission also contends that Unicoin misrepresented its financial health while marketing “Unicoin Rights Certificates”, and accuses Konanykhin of selling tens of millions of them to ineligible investors. The company denies this, stressing that its marketing always included risk disclaimers and that the SEC is cherry-picking standard financial projections to portray them as fraudulent.
A Fight for Survival
Konanykhin argues that the SEC’s actions harmed more than 8,000 investors by blocking the company’s path to a stock market listing, causing billions in lost value. “If we had gone public a year ago, our valuation could be around $25 billion. Instead, we are literally fighting for survival,” he said.
Legal Experts: Tough Road Ahead
Legal experts suggest Unicoin faces an uphill battle. Katherine Reilly, a partner at Pryor Cashman and former federal prosecutor, emphasized that this case resembles a classic securities fraud lawsuit, with allegations that Unicoin executives overstated assets and financial metrics.
Although the SEC has recently dropped some cases against major crypto players, this one may prove different. “It’s a strong signal that the SEC still intends to pursue strict enforcement where it sees clear misrepresentations,” Reilly noted.
👉 The Unicoin case highlights the ongoing tension between the crypto industry and U.S. regulators. While the company defends itself with claims of transparency and binding agreements, the SEC paints it as deceptive. The outcome, to be decided in federal court in New York, could set a precedent shaping the future of the entire sector.
#SEC , #UNICoin , #CryptoRegulation , #CryptoCommunity , #Cryptolaw
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,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
Unicoin’s Position
According to Unicoin, the lawsuit misrepresents its history and ignores key facts. The company insists it has built its operations on transparency, regulatory compliance, and responsible innovation. It highlights that it voluntarily registered securities, published audited financial statements, and restricted participation to accredited investors.
CEO Alex Konanykhin called the SEC’s actions politically motivated, noting that past investigations had found no wrongdoing. “We followed every rule, hired top securities lawyers and auditors, yet the SEC fabricated accusations,” he said.
Disputed Real Estate Deals
The SEC alleges that Unicoin exaggerated property acquisitions in Argentina, Thailand, Antigua, and the Bahamas, sometimes announcing deals that were not finalized. Unicoin counters that these were valid contractual agreements, arguing that the regulator is conflating transaction values with property ownership values.
For instance, in 2023 the company signed a $335 million deal to acquire a luxury resort in Thailand, intending to finance it with Unicoin tokens. The firm claims every deal was backed by binding contracts, though property transfers were delayed due to SEC actions.
Allegations Over Unicoin Certificates
The Commission also contends that Unicoin misrepresented its financial health while marketing “Unicoin Rights Certificates”, and accuses Konanykhin of selling tens of millions of them to ineligible investors. The company denies this, stressing that its marketing always included risk disclaimers and that the SEC is cherry-picking standard financial projections to portray them as fraudulent.
A Fight for Survival
Konanykhin argues that the SEC’s actions harmed more than 8,000 investors by blocking the company’s path to a stock market listing, causing billions in lost value. “If we had gone public a year ago, our valuation could be around $25 billion. Instead, we are literally fighting for survival,” he said.
Legal Experts: Tough Road Ahead
Legal experts suggest Unicoin faces an uphill battle. Katherine Reilly, a partner at Pryor Cashman and former federal prosecutor, emphasized that this case resembles a classic securities fraud lawsuit, with allegations that Unicoin executives overstated assets and financial metrics.
Although the SEC has recently dropped some cases against major crypto players, this one may prove different. “It’s a strong signal that the SEC still intends to pursue strict enforcement where it sees clear misrepresentations,” Reilly noted.
👉 The Unicoin case highlights the ongoing tension between the crypto industry and U.S. regulators. While the company defends itself with claims of transparency and binding agreements, the SEC paints it as deceptive. The outcome, to be decided in federal court in New York, could set a precedent shaping the future of the entire sector.
#SEC , #UNICoin , #CryptoRegulation , #CryptoCommunity , #Cryptolaw
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