https://www.reuters.com/article/usa-americancryptofed/u-s-sec-alleges-american-cryptofed-filed-misleading-registration-for-tokens-idUSKBN2HV2E4

U.S. security regulators on Wednesday said they had initiated proceedings against Wyoming-based American Cryptofed and accused the company of putting forth misleading information, impacting the registration of its Ducat and Locke digital tokens.