Hi Zapier,

Thank you for your interest in Unicoin!

1/ Business success hugely depends on timing.

I resisted suggestions to ICO Unicoin during the Crypto Winter. That would be a disservice to our investors.

The timing was right last fall, and if the SEC had not have blocked our September 30, 2024 ICO, our investors would have benefited from the major crypto rally triggered by President Trump’s reversal of U.S. policies from aggressively anti-crypto to enthusiastically pro-crypto.

The crypto market is very favorable again and so we work full-speed towards listing Unicoinˣ on crypto exchanges next month:

2/ Unicoinˣ coin of Unicoin International Inc. won’t be available for purchase by U.S. investors until the SEC removes its anti-crypto policies.

That may happen in the near future, considering the recently announced position of the Chair of the SEC Crypto Task Force:

I hope that this new position will soon become formal regulation and would result in a prompt dismissal of the SEC persecution of Unicoin.

3/ In my April 22 2025 update, I stated that an SEC official was committing fraud by falsely accusing us of doing an “airdrop.”

I wrote:

Fraud is “willful misrepresentation of material facts for personal benefit”. Mr. Nay clearly misrepresented the SEC’s “airdrops are legal” policy to falsely accuse us of violations of the Securities Act. His personal benefit was the career advancement during the days of Gary Gensler’s unconstitutional War on Crypto.

Specifically, he stated that by giving away 100 free unicoins as a promotion, we violated laws because “gifting is the same as sales and may only be done to millionaires (a/k/a accredited investors).”

Not only does his “gifting is selling” claim contradict common sense, logic and the dictionary definition of words, it also contradicts the official SEC position that they do NOT have such a position.

Hundreds of crypto companies have conducted airdrops without any SEC objections. Even President Trump’s $Trump coin was available via an airdrop. (Interestingly, Mr. Ney chose not to charge President Trump for his airdrop.)

If Mr. Ney found any real violation in our work, he would not have to resort to such ridiculous charges.

You can review his other claims and our responses in our public SEC filing. They include such “gems” as charging for using the words “assets-backed” and “regulations-compliant.” The former was used in its primary dictionary definition (we do have assets that support Unicoin), and the second was verified by two exhausting SEC investigations.

Now he’s on the quest to penalize me for appealing to the President and legislators for a review of his abuse of power. His fraudulent actions have inflicted multi-billion-dollar damage to Unicoin shareholders and coin-holders, and I will vigorously protect their interests.

Guess what?

The SEC dropped this false and ridiculous charge.

The reason is not hard to guess: the President did his airdrop this year and, by persisting to falsely claim that airdrops are illegal, Mr. Ney would have implied that the President is in violation of securities laws. Rather than sending a Wells Notice to the President, Mr. Ney chose to forget his intent to charge Unicoin with “committing an airdrop.”

I intend to show that other charges are equally false.

With very best wishes,

Alex Konanykhin
CEO, Unicoin Inc.
Linkedin.com/in/konanykhin
Konanykhin.com
Unicoin.com
1 World Trade Center
85th Floor
New York, NY 10007

P.S.: My updates focus on our journey towards becoming a publicly-traded company and on our efforts to turn our Unicoin into a major cryptocurrency. These updates are not intended to serve as financial advice or to replace our official reports filed with the SEC. Please note that I cannot possibly answer all the questions myself, so your response to this message may be processed by members of our Investor Relations team. My past updates can be found at u.site/updates

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