![sec-stops-wyoming-based-dao-from-registering-2-digital-tokens](https://cryptotoptrends.com/wp-content/uploads/2021/11/sec-stops-wyoming-based-dao-from-registering-2-digital-tokens-678x381.jpg)
In the announcement, the SEC’s Enforcement Division alleged that on Sept. 16, American CryptoFed “filed a materially deficient and misleading registration form known as a Form 10, which purported to register two digital tokens issued by the company – the ‘ducat’ and ‘locke’ tokens – as equity securities.”
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