Unicoin Inc. Retains Dynamis LLP to Lead Litigation with the SEC

NEW YORK, May 28, 2025 /PRNewswire/ -- Unicoin Inc., a leader in the cryptocurrency industry known for its innovative approach and commitment to financial inclusion, has announced today the retention of Dynamis LLP, an elite litigation boutique with years of experience in the crypto space, to defend the company from a meritless lawsuit recently filed against the company and its founders by the the U.S. Securities and Exchange Commission (SEC).

Unicoin Inc. takes this matter seriously and remains steadfast in its commitment to operating within the bounds of the law, maintaining transparency, and regulatory compliance.

"Dynamis LLP brings a wealth of expertise in securities litigation and a deep understanding of the complexities of the cryptocurrency market," said Alex Konanykhin, CEO of Unicoin Inc. "We are confident in their ability to defend our position effectively. We have previously passed two exhaustive SEC investigations with flying colors. We are committed to helping the President implement his Vision of turning America into the Crypto Capital of the World".

Dynamis LLP, is a leading litigation boutique with offices in New York, Boston, and Miami. With a roster of former federal prosecutors and elite defense attorneys, Dynamis has extensive experience handling high-profile SEC and DOJ enforcement cases, white-collar defense, and regulatory disputes. Notably, Dynamis' recent wins include a victory over the SEC in a recent trial in the District of Massachusetts and obtaining the dismissal of a seven-person Indictment in the high-profile "Atlas Trading" case. Dynamis, geared for battle, will guide Unicoin Inc. through the legal proceedings, ensuring the company's rights are protected.

"The SEC's outrageous lawsuit is an attack not just on Unicoin, but on responsible innovation in the digital asset space. Alex Konanykhin and his team have been transparent, compliant, and forward-looking from the start," said partner Eric Rosen, who founded Dynamis LLP in 2023.

According to partner Michael Homer, a former federal prosecutor who co-leads Dynamis' SEC defense practice with Rosen, "This is the rare crypto company that voluntarily chose to register with the SEC, chose to file audited financial statements, chose to do everything above board to attract the most sophisticated investors.  And now, in what appears to be Gary Gensler's parting gift to an industry he did not understand, the SEC has declared war on one of the most compliant and promising companies in the history of crypto. We're going to fight it, all the way."

Unicoin Inc. remains committed to its mission of democratizing finance through its blockchain technology and continues to deliver value to its customers and partners worldwide.

About Unicoin Inc.:
Unicoin Inc. is a pioneering company in the cryptocurrency space, dedicated to creating an inclusive financial ecosystem through innovative technologies and solutions. Its Board of Directors included a former SEC Commissioner, a former Treasurer of the United States, and a former CFO of former President Joe Biden, among other policy and business leaders. Forbes magazine described its Unicorn Hunters business show as "the most iconic business series of recent times." It featured co-founder of Apple, Steve Wozniak and other celebrities, see UnicornHunters.com Alex Konanykhin, Unicoin's CEO, who was granted political asylum in the United States for standing up to corruption in Russia, has a long history of prevailing against unjust government actions. He has previously won three federal court cases against the U.S. government, receiving compensation from the Department of Justice, see Konanykhin.com More information can be found at Unicoin.com.

About Dynamis LLP:

Dynamis LLP is an elite litigation boutique specializing in white-collar defense and complex civil litigation. Dynamis has particular experience in securities -both civil and criminal litigation - and crypto-assets. Known for its strategic approach and dedication toclients, more information is available at dynamisllp.com.

For further information, please contact: Sam Amsterdam, Amsterdam Group, [email protected], +1 (202) 910-8349

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SOURCE Unicoin Inc.