The Wall Street Journal

Will Trump’s Crypto Cops Still Police Fraud? This Flashy Startup Poses a Test

Unicoin was among the last firms targeted by former SEC Chair Gary Gensler’s crypto crackdown

Will Trump’s Crypto Cops Still Police Fraud? This Flashy Startup Poses a Test
Illustration: Rachel Mendelson/WSJ, Ben Brodsky, Unicoin, iStock (3)

On a summer evening last year, dozens of people clad in white boarded a yacht for a sunset cruise around New York Harbor. 

The guests had converged on Manhattan from around the world. Sipping wine, they watched a dance performance by three young women in golden flapper dresses and curly, 1920s-style blonde wigs. Above their heads, a monitor read “The Only Show That Can Make You Rich.” 

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