yangtuoU.S. SEC suspends token registration of American CryptoFed DAO
The U.S. Securities and Exchange Commission (SEC) is taking action against the American CryptoFed DAO, which claims to be the first decentralized autonomous organization in Wyoming, and its planned tokens. Because of the "misleading" statement in its registration documents. The SEC announced that it had begun an administrative lawsuit against the company, resulting in the freezing of the registration of its tokens Locke and Ducat. It is reported that CryptoFed filed an S-1 document with the S...
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