🚨 Big news! The SEC just hit Unicoin and its executives—CEO Alex Konanykhin, board member Sylvina Moschini, and investment chief Alex Dominguez—with fraud charges over their bogus token and stock offerings. 💸
They allegedly hoodwinked at least 5,000 investors by claiming their tokens were backed by real assets worth billions (think real estate and shares in IPO-ready companies). Spoiler alert: that was a total lie! 🚫
Unicoin boasted about selling over $3 billion in certificates but only managed to rake in about $110 million. Yikes! 😱 #SEC #FraudAlert #InvestSmart