cryptocurrency company Unicoin announced the acquisition of 51% of the shares of digital asset company Diamond Lake Minerals, and plans to rename it DiamondLake, focusing on building a portfolio of altcoins, similar to MicroStrategy's bitcoin accumulation model.This move comes as Unicoin and its executives are being sued by the U.S. SEC for alleged securities fraud, accusing them of misleading investors and illegally raising over $100 million. The new entity will focus on cryptocurrency assets, reshaping its financial strategy, and shifting its focus to the emerging altcoin market.
Unicoin to acquire majority stake in Diamond Lake, launch altcoin funding strategy
2025-06-23 20:05:05 Primitive Reading
Disclaimer: This specification is preliminary and is subject to change at any time without notice. MYTOKEN assumes no responsibility for any errors contained herein.