On August 9, 2024, Unicoin Inc. (the "Company") detected an unknown threat actor had gained access to the Company's Google G-Suite account and changed passwords of all users of the Company's G-Suite products (i.e., G-Mail, G-Drive and other related G-Suite functionality), thereby denying access to all users having an "@unicoin.com" email address (the "Event"). On or about August 13, 2024, the Company was able to remove the threat actor's access to the G-Suite accounts and restore access to its internal users. The Company is examining the information accessed to determine and mitigate the impact of the Event. The Company also continues to investigate the extent of the Event, and the following details are known at the time of this Current Report:

As of the date of this Current Report, the Event has not had a material impact on the Company's financial condition or results of operations. No traces of loss of any of the Company's cash or crypto assets have been found. The Company has not yet conclusively determined whether the incident is reasonably likely to materially impact the Company's financial condition or results of operations or have any other material adverse effects. Should the Company make a determination that the Event is material, such determination shall be included in a future report or in amendment to this Current Report.

Certain statements in this Current Report on Form 8-K may contain forward-looking statements, which are any predictions, projections or other statements about future events based on current expectations and assumptions that are subject to risks and uncertainties, which are set forth in the Company's periodic filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date they are made and include any statement that does not directly relate to any historical or current fact.. Forward-looking statements reflect the views and assumptions of management as of the date of communication with respect to future events. The Company undertakes no duty, and hereby disclaims, any obligation, unless required to do so by applicable securities laws, to update any forward-looking statement to conform the statement to actual results or changes in the Company's expectations, future events or other factors. The inclusion of any statement in this Current Report on Form 8-K does not constitute an admission by the Company or any other person that the events or circumstances described in such statement are material.