Unicoin / irreparable losses? 

Hi Zapier,

Thank you for your interest in Unicoin!

Yesterday, I reported that the SEC seeks to cause the total loss to our investors through blatantly false charges.
We’ve received many related questions, and I’d like to respond to some of them in this update.

1/ Is total loss of investments possible?
Definitely. 
A total loss was always a possibility as investments in startups and crypto are inherently risky. Our Private Placement Memorandum listed numerous Risk Factors, and I often reiterated in my updates that success can never be guaranteed.
 
Now add to the standard business risks the unfortunate reality of a powerful government agency hellbent on destroying our business! I’m not surprised that some investors posted comments like “Game over!” in social media.
2/ Does it mean that the total loss is inevitable?
Not at all.
Silvina and I are fighting to prevent this damage to our investors, and we have a strong team, great attorneys, and numerous supporters.
I have won five cases against the federal government and intend to win this case too. 
3/ Is your optimism based on your past successes in court?

Past performance is no guarantee of future results. 
At the same time, it did provide me with the experience to assess our chances. This lawsuit will likely end up being a major embarrassment to the SEC. 
4/ Are you always this optimistic?

On the contrary, I don’t fight losing battles. Here are just a few examples:
  • In January of 1991, when Soviet tanks rolled into Baltic capitals, I chose to abandon my home country as I thought that the Communist coup d’etat may succeed. 
  • In September of 1992, after a kidnapping by KGB, I chose to abandon my banks and other businesses in Russia, as I correctly saw the KGB takeover of Russia as inevitable. 
  • In July of last year, I yielded to the SEC demands to scrap our ICO and going public plans as I saw no way to stop the War on Crypto that the previous Administration was waging.  
However, the current SEC case is so clumsily fabricated that I hope that the court will find it to be yet another case of the SEC’s gross abuse of power.
5/ Are the losses already inflicted by the SEC irreparable? 

While the government has twice paid me compensation for unlawful persecutions, due to sovereign immunity, such compensations never include compensation of the lost opportunities. 
It’s impossible to return to the past and do our crypto and stock exchange listings by the time of the late 2024 crypto rally. A whole year has been lost as a result of the SEC harassment. I believe that the lost opportunity damages inflicted by the SEC on Unicoin investors already exceed $10B. 

That said, we may still become a well-known cryptocurrency brand that withstood the brutal War on Crypto assault, prevailed and protected its investors. This is the outcome we are fighting for.

If you are interested to see TV reports about the past efforts of the U.S. government to destroy my reputation and businesses, you can find some of them here.

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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