As it will be recalled, an official investigation into the Stock Exchange Commission (SEC), the Washington -based crypto currency company, one of the leading regulatory institutions of the United States, has initiated. Alex Konanykhin, CEO of the company, claimed that this process was shaped by political pressures, and demanded that the investigation be terminated immediately in his official letter to SEC. Konanykhin argued that the institution established disproportionate pressure on the company. The investigation may directly affect Unicoin’s activities in the United States and public offering plans. Company officials say they still have not received an official update from the SEC. All these developments brought up the debate on regulation and balance balance in the American crypto currency market.
Details of the investigation into Unicoin
Last year, SEC had made an official statement that he could blame Unicoin of serious allegations such as fraud, misleading declarations and unregistered securities. This notification could directly affect the company’s future in the American market. This step of the SEC came to a period when the Biden administration adopted a more controlled and intervening approach to the crypto currency market.
It is stated that the investigation is still continuing and the uncertainty about the activities of the company continues. Unicoin officials said that the final stages of the investigation have come to the final stages, but they still have not received clear information about the registration processes. This pose an important risk for the company’s investor confidence and future plans.
CEO Alex Konanykhin said that the institution sent the letter criticizing SEC’s applications to the Crypto Task Force on 17 March. In his letter, he stressed that the investigation went beyond the limits of authority and that the process should be stopped. In addition, the company said that the company has not been able to open to public, ICO organizing and collecting funds in the United States in the past.
Hard criticisms and future plans from CEO
Konanykhin evaluated the demands of the SEC as a intervention in the company’s growth strategies. “They asked us not to open up to the public in the USA, not to organize ICO, and not to get investments, CE CEO said, argued that these pressures limited Unicoin’s moves in global markets.
It is stated that the company aims to re -accelerate its activities after moving to Europe. This move aims to move away from regulatory pressures and to establish more transparent and flexible relationships with investors. Konanykhin recalled the US goal of being a leader in the crypto money market during the Trump period and said that this vision should be revived.
On the other hand, it was reported that Unicoin promises high return and followed different investment strategies. This stands out as one of the main elements that attract the attention of the SEC. However, according to the CEO, it is harder and disproportionate than other crypto currency companies that are similar to the treatment that the company is exposed to.
Konanykhin, the company’s interest in the American market continues and the future public offering plans may come up again, he added. The fate of the investigation seems to directly affect Unicoin’s roadmap in the United States.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
