Unicoin Co-Founder Wants to Be 'Next' as SEC Eases Crypto Crackdown Under Trump

Unicoin co-founder Alex Konanykhin wants to get off the SECs enforcement list as the regulator retreats from an aggressive crypto stance under the previous Biden administration.　　“We would like to be next,” Konanykhin wrote in a Miami Herald op-ed, pointing to the dozen other crypto companies already freed from SEC investigations and lawsuits.　　The SECs pivot from “regulation by enforcement” to a more industry-friendly approach has seen cases against major players like Coinbase, Binance, Ripple, and Kraken terminated over the past few weeks, with other cases either being dropped entirely or seeing probes paused.　　When the SEC began investigating and pursuing cases against crypto companies following the fall of FTX, most of those players were hit with allegations and threats of enforcement actions.　　Unicoin was late on the SECs radar, with the enforcement action against them handed out late last year. This was “a sign” that then-outgoing Chairman Gary Gensler wasnt done with his alleged anti-crypto crusade, Fortune reported at the time.　　At the time, regulators alleged that Konanykhins Miami-based firm was involved in fraud, deceptive practices, and handling unregistered securities.　　“I can only say one word: bullshit. Complete and utter bullshit,” Konanykhin said in an interview with Fortune.　　The notification came “in the final days of