[Unicoin CEO: Will File Motion to Dismiss Fraud Lawsuit by U.S. SEC] According to a report by Golden Finance, crypto company Unicoin will file a motion today seeking to dismiss the lawsuit brought against it by the U.S. Securities and Exchange Commission (SEC). In May, the SEC sued Unicoin and three of its executives, accusing them of misleading investors and raising over $100 million through false statements about crypto products and company stock, while attempting to cloak their actions in regulatory compliance. In the forthcoming filing, Unicoin will argue that the case should be dismissed on the grounds that the complaint misrepresents the actual circumstances and overlooks critical disclosures. The company maintains that it has "adopted a transparent, compliant, and responsible innovation strategy from the very beginning," emphasizing its voluntary registration of securities, publication of audited financial statements, and restriction of participants to qualified investors. Its CEO, Alex Konanykhin, described the SEC's lawsuit as political theater and attributed the responsibility to "henchmen" within the enforcement team of former SEC Chairman Gary Gensler.