Unicoin Seeks Dismissal of SEC Lawsuit, Challenging Regulatory Framework

Unicoin has filed a motion to dismiss the lawsuit brought against it by the U.S. Securities and Exchange Commission (SEC). This action highlights the growing tension between crypto innovators and regulatory bodies as they grapple with the classification of digital assets. The company’s argument hinges on its claim that the SEC misinterprets its disclosures, a core issue underpinning the dispute.