Unicoin
Last changed 2026-10-10 · Score recalculated — Rescored under Scoring v2, the published formula (avoid.net/scoring): 3 → 26. Problems weighed by who is responsible: the subject's own conduct −123, problems around the subject, caused by others −1.6; legitimacy credit long-running +10; no established finding that it defrauded anyone, so it stays out of the red band; fact-check adjustments (−5) now shown as page reliability, not in the score. Version history →
Why this score
| Every page starts at | 65 |
| The subject's own conduct | -123 |
| Problems around it, caused by others | -1.6 |
| Long-running | +10 |
| Sum | -50 |
- No established finding that it defrauded anyone, so it stays out of the red band (26 or above).
Score: 26/100 (kept between 0 and 100)
How scoring works →Summary
Unicoin, Inc. is a New York City-based cryptocurrency company that launched the Unicoin token in February 2022, promoting it as an asset-backed, dividend-paying digital asset tied to the Unicorn Hunters investment television series. On May 20, 2025, the U.S. Securities and Exchange Commission filed a civil fraud complaint against the company and three senior executives in the Southern District of New York, alleging they defrauded more than 5,000 investors through false claims that the token was backed by billions of dollars of real estate and pre-IPO equity interests when those assets were worth a fraction of the stated values. The case remains pending as of mid-2026, with Unicoin having filed a motion to dismiss in August 2025.
Connected Entities
4 entities · 60 linked investigations- Unicoin / Alex Konanykhin / Silvina Moschini→mentioned with→Unicoin Inc.(80%)
- Unicoin / Alex Konanykhin / Silvina Moschini→mentioned with→Unicoin(80%)
- Unicoin Inc.→mentioned with→Unicoin / Alex Konanykhin / Silvina Moschini(85%)
- Unicoin Inc.→mentioned with→Unicoin(70%)
- Unicoin→mentioned with→Ethereum(70%)
- Unicoin→mentioned with→Unicoin / Alex Konanykhin / Silvina Moschini(85%)
- Unicoin→mentioned with→Unicoin Inc.(80%)
1 submission awaiting moderator review.
Timeline(8 events)
2015
Unicoin, Inc. (under a predecessor name) founded as a software company.
DL News / general background23 February 2022
Unicorn Hunters announces the launch of the Unicoin token, marketed as an equity-backed, dividend-paying cryptocurrency.
PR NewswireSeptember 2023
Unicoin begins announcing property acquisitions in Argentina, Thailand, Antigua, and the Bahamas, claiming a combined appraised value of more than $1.4 billion. According to the SEC, most transactions never closed and the actual combined value did not exceed $300 million.
SEC Complaint comp26314.pdfJune 2024
Unicoin publicly claims to have sold more than $3 billion in rights certificates as of this date. The SEC alleges actual funds raised were no more than $110 million.
SEC Press Release 2025-75December 2024
SEC issues a Wells notice to Unicoin, signaling intent to file an enforcement action for alleged fraud, deceptive practices, and offer and sale of unregistered securities.
CoinDesk18 April 2025
SEC schedules a settlement negotiation meeting with Unicoin. CEO Alex Konanykhin declines to attend, characterizing the invitation as an ultimatum.
CoinDesk20 May 2025
SEC files civil fraud complaint against Unicoin, Inc., Alex Konanykhin, Silvina Moschini, Alex Dominguez, and Richard Devlin in the Southern District of New York (Case No. 1:25-cv-04245). Devlin simultaneously agrees to settle for $37,500 civil penalty and permanent injunctive relief.
SEC Litigation Release LR-26314August 2025
Unicoin files a motion to dismiss the SEC complaint with prejudice, arguing the SEC distorted its disclosures and treated ordinary financial optimism as fraud.
DecryptDecision Log
- slot 456641465 · hash 3kBD4nwxfv6iNB81Upg2fMM2Gf3VgczLxdQCiPjJJ4mv
- slot 455362933 · hash 74cdVqpB3EdAJdKaCYCUc4f36t7wiK9LCj9futrayud2
- slot 425570182 · hash 7zpXjxWoUGAmX5qknD8RU4mrZovgCGEN6Seok6m2c3s9
- slot 425570177 · hash 4yXAjGhAMCqyB4kGA48RFgBgVmgnhrqRuRuLQhFEreNH
- slot 424161950 · hash 4fAbdDpWL5T4BvWwTWY1qosozsJ78U81Ygmh991bJQNu
This investigation is cryptographically anchored to the Solana blockchain (5 decisions). 15 of 15 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 6/4/2026, 3:24:28 AM
last updated: 10/10/2026, 6:42:59 PM
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