Unicoin / Alex Konanykhin / Silvina Moschini
Summary
Unicoin, Inc. (formerly TransparentBusiness, Inc.) is a New York-based crypto company that sold 'Unicoin Rights Certificates' — instruments purportedly convertible one-for-one into future Unicoin tokens backed by real-world assets — beginning in February 2022. On May 20, 2025, the U.S. Securities and Exchange Commission filed a civil fraud complaint in the Southern District of New York against the company and four executives, alleging that the firm raised up to $110 million from more than 5,000 investors while fabricating $3 billion in sales, overstating real estate asset values by billions of dollars, and falsely marketing the certificates as SEC-registered. As of June 2026 the case remains active; Unicoin has filed a motion to dismiss and no ruling has been reported.
Connected Entities
1 entities · 10 linked investigations- + 3 more
Timeline(13 events)
2012-01-01
Silvina Moschini co-founds TransparentBusiness, a remote workforce management software company, which later rebrands as Unicoin, Inc.
TransparentBusiness corporate history2020-01-01
TransparentBusiness reportedly reaches a $1 billion valuation, with Moschini described by media as the first Latin American woman to lead a company to unicorn status.
Silvina Moschini Wikipedia2022-02-01
Unicoin, Inc. launches Unicoin Rights Certificates, marketing them as convertible IOUs for future tokens backed by real-world assets. The offering is tied to the 'Unicorn Hunters' TV show.
SEC Press Release 2025-752022-03-01
CEO Alex Konanykhin publicly offers a $1 million bounty for the arrest of Vladimir Putin following Russia's invasion of Ukraine.
Snopes fact-check on Putin bounty2023-09-01
Unicoin begins announcing property acquisitions in Argentina, Thailand, Antigua, and the Bahamas, claiming purported appraised values totaling more than $1.4 billion. The SEC later alleges most transactions never closed and actual combined value was no more than $300 million.
SEC Complaint, Case 1:25-cv-042452024-06-01
By this date, Unicoin publicly claimed to have sold more than $3 billion in rights certificates. The SEC later alleges actual sales never exceeded $110 million.
CoinDesk: SEC Charges Unicoin2024-12-10
SEC Staff issues Wells Notices to Unicoin, Inc., Alex Konanykhin, Silvina Moschini, Alejandro Dominguez, and Richard Devlin, signaling intent to recommend an enforcement action for fraud, deceptive practices, and unregistered securities offerings.
Unicoin 8-K filed with SEC (December 2024)2024-12-31
Unicoin, Konanykhin, Moschini, Dominguez, and Devlin file a joint Wells Submission disputing the proposed charges.
Unicoin 8-K / SEC EDGAR filings2025-04-18
Unicoin declines to attend a settlement negotiation meeting with the SEC, which Konanykhin later describes as having presented 'unacceptable' pre-conditions.
CoinDesk: Unicoin CEO Rejects SEC's Attempt to Settle2025-04-22
CEO Konanykhin publicly announces Unicoin's rejection of the SEC's settlement approach.
CoinDesk: Unicoin CEO Rejects SEC's Attempt to Settle2025-05-20
SEC files civil complaint (Case No. 1:25-cv-4245, SDNY) against Unicoin, Inc., Alexander Konanykhin, Maria Silvina Moschini, Alejandro Dominguez, and Richard Devlin. Devlin simultaneously settles for a $37,500 civil penalty without admitting liability.
SEC Litigation Release LR-263142025-08-01
Unicoin files a motion to dismiss the SEC's complaint, arguing the agency distorted filings, cherry-picked communications, and conflated contractual commitments with completed asset transfers.
Decrypt: Unicoin Will Move to Dismiss SEC Fraud Case, Says CEO2026-02-24
Unicoin serves as 'platinum' sponsor at the Digital Chamber's DC Blockchain Summit, at which SEC Chairman Paul Atkins is a headlining speaker. CEO Konanykhin also appears on the speaker roster. Case remains pending.
CoinDesk: The Chief of the SEC Is Headlining an Event Sponsored by a Crypto Firm at War with ItDecision Log
- hash: ALHdboTBS6zL2vRFikeAkg928raQbb7k1RydQ7tN1ocH
This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.
model: claude-code-investigator
generated: 6/2/2026, 8:11:42 PM
last updated: 6/2/2026, 8:12:00 PM
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