Hi Zapier,
Thank you for your interest in Unicoin!
1/ Can you be sure that the SEC’s persecution of Unicoin is a malicious lawfare?
Judge for yourself:
“The SEC alleges that Unicoin broadly marketed rights certificates to the public through extensive promotional efforts, including advertisements in major airports, on thousands of New York City taxis, and on television and social media.”
Duh!
Guilty as charged…
Except our central promise to Unicoin investors was to do precisely that: to turn Unicoin into a leading cryptocurrency brand, in order to capture a sizeable slice of the cryptocurrency market and create a $100B+ company.
We announced this plan in the Unicorn Hunters episode which featured Rosie Rios, formerly the Treasurer of the United States and our Director, and other opinion leaders.
I’ve reiterated the same “creating a leading brand” promise in countless updates to our investors and often reported our progress in advertising and marketing.
Advertising is not unlawful. Brand creation is not unlawful.
But trying to destroy a business by accusing it of “extensive promotional efforts” is unlawful.
1.2/ The SEC statement continues, “Among other things, Unicoin and its executives are alleged to have convinced more than 5,000 investors to purchase rights certificates through false and misleading statements that portrayed them as investments in safe, stable, and profitable “next generation” crypto assets.”
You can easily see that it’s a false accusation, too.
We did accurately articulate the advantages of Unicoin over assetless or antiquated coins, but never promised safety or stability. You’ve surely seen my “Success can never be guaranteed” warning in dozens of my u.site/updates
Every Unicoin investor read pages of Risk Factors and disclaimers in our Private Placement Memorandum and our public reporting.
1.3/ The SEC statement then accuses us of making “claims that Unicoin tokens underlying the rights certificates were “asset-backed” by billions of dollars of real estate … when Unicoin’s assets were never worth more than a small fraction of that amount; [that Unicoin] had sold more than $3 billion in rights certificates, when it raised no more than $110 million.”
and you surely know that it’s a false accusation too.
In many updates, I specified that our sales consist of
a/ cash sales
b/ Buy Now, Pay Later sales, secured by collateral, and
c/ swaps of unicoins for services and Real-World Assets (RWAs).
In order to falsely accuse us of inflating sales, rogue SEC officials counted only cash sales and excluded all other sales categories, which exceeded $3B in well-documented and independently appraised deals.
That SEC sleight of hand goes against the laws and the general business practices. Buy Now, Pay Later sales, other form of financing by the seller, stock deals and assets swaps are a massive part of the U.S. economy.
For example,
and:
1.4/ The SEC statement then accuses us of making “claims that the rights certificates and Unicoin tokens were “SEC-registered” or “U.S. registered” when they were not.”
In reality, EVERY Unicoin certificate stated the contrary, in ALL CAPS:
1.5/ Probably their most bizarre accusation was in Unicoin doing an airdrop, but that charge the SEC has already dropped, after President Trump conducted his airdrop.
As a wise adage goes, “You don’t need to eat a whole egg to realize that it’s rotten.” With five out of five SEC initial charges being blatantly false, it is clear that Gesler’s holdovers are trying to destroy Unicoin and wipe out investments of thousands of people through clumsily fabricated charges.
It’s this type of fabrications that resulted in a federal court finding the SEC guilty of gross abuse of power.
We plan to ask the court to make a similar ruling and to order the SEC to pay compensation for the damage inflicted by their malicious lawfare.
2/ Silvina and I are very grateful for the strong support we receive from our investors and the crypto community.
For each negative message from people who erroneously assumed the SEC allegations to be true, we get several messages from people who express their support.
It’s evident that the SEC has very low credibility in the crypto community and that many people are outraged by their continued abuse of power.
Several times per week, I’ve been reporting to you what we are doing to fulfill our promise to increase the brand value of Unicoin and to take it public. You’ve been observing our non-stop efforts and our achievements. You saw our ICO announcement a year ago and my reports on how the SEC blocked it, denying all Unicoin investors liquidity and a chance to capitalize on the 2024 crypto rally.
If you decide to express your support for our efforts, you can do so by adding your recommendation to Silvina’s LinkedIn page. The SEC is trying to demonize me and her and destroy our lives and business and it’s helpful for us to see that we are not alone in our fight against corrupt officials.
3/ We are fully determined to prevail and to deliver a high return on investment to our shareholders and coin-holders.
The War on Crypto is coming to its inglorious end.
If you are not familiar with the genesis of that war, here’s an informative video from CoinTelegraph:
Wishing you a pleasant weekend,
Sincerely,
Alex Konanykhin
CEO, Unicoin Inc.
Linkedin.com/in/konanykhin
Konanykhin.com
Unicoin.com
1 World Trade Center
85th Floor
New York, NY 10007
Disclaimer: 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 The statements contained herein reflect the personal views and opinions of the author and do not constitute legal, investment, or financial advice. The allegations referenced remain subject to litigation, and no final determinations have been made by any court of law. Unicoin Inc. denies any wrongdoing and intends to vigorously defend itself. Past performance or promotional activity does not guarantee future outcomes or legal conclusions. Investors should refer to official filings and disclosures when evaluating any investment decisions. Nothing in this communication shall be construed as an admission of any fact, liability, or wrongdoing, nor shall it be deemed a waiver of any rights, arguments, or defenses that Unicoin Inc. or any of its affiliates may have, all of which are expressly reserved. This statement is intended solely to provide information and commentary on public matters of interest and ongoing proceedings.
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Our mailing address is:
228 Park Ave South, #16065, New York, NY 10003, USA
Our mailing address is:
228 Park Ave South, #16065, New York, NY 10003, USA
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