Hi Zapier,

Thank you for your interest in Unicoin!

In boxing and tennis, I have the same problem: limited agility.

I tend to stand firmly on the ground instead of “floating like a butterfly.” As a result, I’m missing too many balls and taking too many punches.

But I learnt not to make the same mistake in business.

In business, I adapt and pivot when necessary, rather than “staying the course” and risking failure due to inflexibility.

Pivoting is scary for most people. We all want to stay in our “comfort zones.” No wonder many people live their entire lives in their hometowns, doing the same work year after year.

Venturing out of the comfort zone is scary. I know this firsthand as I had to do it so many times.

I was supposed to be a rocket scientist.

A student of the Department of Aerophysics and Space Research at the Moscow Institute of Physics and Technology, I planned to dedicate my life to studying the Secrets of the Universe. But after three years of studying, I was expelled from college and blacklisted for “business activities and distribution of monetary funds not in proportion to labor” – an ideological crime in the Soviet Union.

My dream of becoming a prominent scientist was brutally killed by the Communists. So I pivoted to running my small construction business once the political pendulum swung back towards the pro-business reforms.

At 22, I pivoted to a much more scalable arbitrage business because I had accidentally built the only inter-exchange brokerage network in Russia.

At 23, I pivoted to banking.

At 25, I owned the largest bank in the country. President Yeltsin invited me to move into the State Residence of the President of the USSR, built for Gorbatchev. He assigned me a large detail of Presidential Guards and invited me to accompany him on his first official trips to Canada and the USA.

I had many “rolling with the punches” pivots, too.

The Communist coup d’etat in January of 1991 forced me to flee to Hungary, with no money and not knowing a word of Hungarian.

I managed to build a solid business in Hungary and Austria within a year. Then came the forced immigration to the United States after I escaped from the KGB kidnappers in 1992.

I had to start from scratch yet again, in a new country and language. I created a successful business in Washington, DC, just to see it destroyed by the U.S. government in 1996, at the behest of the KGB.

In 1997, after winning my court battles against the U.S. government, I started a new Internet business in New York and made it successful.

The U.S. government destroyed that business in 2003, acting at the behest of the KGB yet again. (A crazy story, I know. But a well-documented one.)

I won all my court battles and started a thriving PR business in Virginia.

Then came the most devastating challenge of my life: my beloved wife of 17 years died.

I felt squashed. But I knew I had to bounce back. I could not allow cancer kill both of us.

I met Silvina, an extraordinary person, and, since that time, we’ve been reacting to challenges and opportunities together.

Starting anew in Italy in 2008.

Moving back to the USA in 2013, to scale up our TransparentBusiness.

Pivoting to Unicorn Hunters when the pandemic put an end to our widly successful legislative strategy in 2020.

Pivoting to Unicoin when the IPO market plunged 93% in 2022.

Preparing to list Unicoin on the NYSE and major crypto exchanges in 2024.

That’s when the SEC interfered, telling us that they would not permit us to go public or otherwise operate in the USA.

The SEC was known to play dirty in their illegal crusade to suppress the U.S. crypto industry. Silvina and I started exploring non-U.S. options, but in November 2024, when the voters chose a pro-crypto President, we informed the SEC of our intent to resume our business.

The SEC immediately retaliated with a so-called Wells Notice, derailing our ICO.

It took us a few months to recover. Finally, last month, I announced our non-U.S. ICO. The SEC immediately retaliated with a lawsuit, filled with grotesquely false accusations and derailng our ICO yet again.

Through a persistent persecution, the SEC succeeded in destroying all shareholder value. Our advisors recommended us to close Unicoin USA due to this force majeure and start anew in a crypto-friendly jurisdiction, like Dubai or Swiss Crypto Valley.

It was good advice. But following it would make investors’ losses unrecoverable.

Silvina and I decided instead to stay, fight, and develop a new Strategy, to repair the SEC-inflicted damage and give our investors a chance for a good return on investment.

With the SEC still blocking our public listings, we are pivoting to the highly scalable Digital Assets Treasury business.

The “crypto treasury” business is all the rage now, and we are well-positioned to become the leading alt-coin treasury.

To reach a $106B market valuation through the Bitcoin Treasury business model, Strategy Inc. spent over $40B and accumulated huge debts. By focusing on the robust alt-coin segment, which seems destined to dwarf Bitcoin, we may be able to reach the same valuation for a fraction of that budget.

In my next updates, I will discuss how we plan to progress to this destination.

As always, nobody can ever guarantee success. I only outline to you the opportunities Silvina and I pursue, the strategies we use, the rationale we rely upon, as well as our challenges and achievements.

We are working to assure your success:

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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