Unicoin co-founder Alex Konanykhin wants to get off the SEC’s enforcement list as the regulator retreats from an aggressive crypto stance under the previous Biden administration.
“We would like to be next,” Konanykhin wrote in a Miami Herald op-ed on Thursday, pointing to the dozen other crypto companies already freed from SEC investigations and lawsuits.
The SEC’s pivot from “regulation by enforcement” to a more industry-friendly approach has seen cases against major players like Coinbase, Binance, Ripple, and Kraken terminated over the past few weeks, with other cases either being dropped entirely or seeing probes paused.
When the SEC began investigating and pursuing cases against crypto companies following the fall of FTX, most of those…
Apr 04 2025
