Unicoin Faces New SEC Subpoenas Following Settlement Rejection

According to Odaily, Unicoin CEO Alex Konanykhin disclosed to journalist Eleanor Terrett that after Unicoin declined to settle with the U.S. Securities and Exchange Commission (SEC), the agency issued a new round of subpoenas to the company's employees and partners. Konanykhin characterized this action as retaliatory. The SEC has declined to comment on the matter.