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SEC Alleges American CryptoFed Due to Misleading Crypto Asset Offers

The American CryptoFed, a Wyoming-based decentralized autonomous organization (DAO), was placed under administrative proceedings on Friday by the United States Securities and Exchange Commission (SEC). The American CryptoFed DAO was the first DAO to obtain legal recognition in the US. Over a year after American CryptoFed issued a Form S-1

November 21, 2022 1 min read