Washington, DC – Unicoin CEO Alex Konanykhin said he has asked the US Securities and Exchange Commission to pull his investigation against the crypto operation and has not yet received an answer.

Unicoin represented one last shot against the industry from former President Gary Genslers SEC, who informed the company in an official announcement late last year that the regulator intended to accuse it of fraud, misleading practice and handling of unregistered securities. The investigation was announced in the last days of President Joe Bid’s administration in December before SEC’s management was taken over by those elected by Crypto Fan President Donald Trump.

CEO, who has seen a dozen other cryptic businesses, escaped the hook of their enforcement measures from the agency’s new leadership, Coindesk said he wrote a letter on March 17 to the agency’s new crypto -tax force asking about the investigation.

“I am looking for your guidance on the best way to tackle this abuse of power and bring it to the end,” Konanykhin wrote in the letter, a copy of which has been reviewed by Coindesk. He requested that the case be terminated and that the performance of the enforcement official involved in the case of the agency was reviewed because of his “willingness to weapon the author of the SEC for political purposes.”

A spokesman for SEC refused to comment on Unicoin’s status on Wednesday. A Unicoin spokesman on Tuesday told Coindesk on Tuesday that the company “remains in the last stages of the SEC review process. Currently we have not received any new updates or formal feedback from SEC regarding our registration.” We are fully obliged to comply with and transparent, and we continue to work to ensure the necessary approval of our planned offer. “

The CEO believes that his company, which suggests investors can see up to 8,000% return, was targeted by the agency’s harassment last year, he said in an interview with Coindesk in Washington.

“They demanded of us to promise not to be published in the United States, not to ICO, not to raise funds,” he said. “So I packed my bags and moved to Europe to resume business.”

He said the choice of Trump and the president’s promises to make the United States the global crypto reduction led him to return to New York from Switzerland with an intention to publish here.

“We thought the war was over and we said to SEC,” Hi, we resume our activity, “Konanykhin said. At that time, the agency announced that it intended to target the company with civilian charges.

Konanykhin noted that the regulator had accused them of violating securities with an air drop. Konanykhin claimed that it is a common marketing strategy seen in many crypto assets, and is “what the president of the United States does with its Memecoin.”

“It’s embarrassing that the war against crypto is still continuing,” he said. If the agency continues its war against crypto by pursuing Unicoin, “I think so many observers will be amazed.”

Unicoin started as an effort to create a “more transparent and reliable alternative” to Bitcoin in the United States (as the Unicoin site said, 9 million percent has returned to investors in the last 10 years). He said some analysts believe Bitcoin was “created by Chinese intelligence, but no one really knows from whom.”

“I am excited by the opportunity to participate in making the American the crypto capital of the planet when the president promised he will do, though it is very annoying to still have the hereditary persecution from Sec,” Konanykhin said.

In the meantime, he said, “We are actively preparing to become public.”