Hi Zapier,

Thank you for your interest in Unicoin!

Exactly one month ago, on May 20th, just a few days after I announced our upcoming Unicoinˣ ICO, the SEC delivered its latest blow to Unicoin by falsely accusing us of multiple violations, in the final salvo of their unconstitutional War on Crypto.

It was a devastating blow, designed to destroy our business and to demonize us personally.

The SEC action derailed many ongoing relationships. LBank, the crypto exchange to which we paid for our ICO, declared that they decided to keep our money but would not do the listing.

Some other contracts and relationships got cancelled. The SEC totally destroyed all shareholder value, I announced to our shareholders last Friday.

Normally, the Unicoin would finish here.

The SEC would crush the company, ruin my partners’ and my life, and turn into nothing investments of thousands of investors who bet their money on our success.

Few people dare to fight the government. Many give up or settle, as fighting is hard and costly, even when you have the facts and law on your side.

One needs to have CHUTZPAH to go on national TV and pledge to win for the SIXTH time.

I used this Yiddish word because that was the word the Washington Post chose in 1996 to sum up my determination to stand for what’s right, when they published a three-page report about the U.S. government’s first attempt to demonize and destroy me by committing fraud on the court:

(Excerpt)

One needs to have CHUTZPAH to tell shareholders, “Despite the SEC assault, we are working towards creating a $100B+ business and we are determined to succeed.” And this is precisely what I’m telling you now.

STAY TUNED FOR THE DETAILS.

Certainly, other people have done it before. Strategy Inc. is a $104B crypto company now, despite the past SEC action against it. Coinbase is a $78B company, despite the past SEC action against it. Ripple’s XRP’s market cap is $125B, despite the past SEC action against it.

To be clear, neither chutzpah, nor defiance, nor past success is a guarantee of success. Risks are high in crypto, in startups and in business in general. Today, I’m simply communicating to you our determination to fight and win.

We will update you on our course of action once our lawyers file the required disclosures.

Last night, Silvina, my best partner ever, shared with me this quote:

Silvina and I have updated and enhanced our business plan to adjust for the delays and damage inflicted on us by the

I hope to be able to add “the SEC” to the subtitle of my Defiance book and re-use this 1996 ad:

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. “Unicoin USA” term is occasionally used for Unicoin Inc., a Delaware corporation. My past updates can be found at u.site/updates

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