Krutika Adani
Unicoin Inc. and 3 execs charged over a $100M crypto fraud scheme tied to fake token promises.
Investors were told they’d receive Unicoin tokens backed by billions in real estate—SEC says it was all fabricated.
SEC named Board Chair Alex Konanykhin, execs Silvina Moschini and Alex Dominguez as central players in the fraud.
Unicoin splashed ads on airports, taxis, TV, and social media to lure investors into buying worthless certificates.