The SEC issued two orders instituting proceedings against American CryptoFed DAO. The first order issued on 11/10/2021, was ORDER INSTITUTING ADMINISTRATIVE PROCEEDINGS AND NOTICE OF HEARING PURSUANT TO SECTION 12(j) OF THE SECURITIES EXCHANGE ACT OF 1934 (“Form 10 Proceedings”). The second order issued on 11/18/2022, is ORDER FIXING TIME AND PLACE OF PUBLIC HEARINGS AND INSTITUTING ADMINISTRATIVE PROCEEDINGS PURSUANT TO SECTION 8(d) OF THE SECURITIES ACT OF 1933 (“Form S-1 Proceedings”).
• On 05/17/2023, Judge Carol Fox Foelak issued an Initial Decision on the Form S-1 Proceedings for which American CryptoFed filed a Petition for Review on June 22, 2023. On July 21, 2023, the SEC granted the Petition for Review and ordered that “a brief in support of the petition for review shall be filed by August 21, 2023. A brief in opposition shall be filed by September 20, 2023, and any reply brief shall be filed by October 4, 2023.”
• On 06/07/2023, the SEC issued an Order Denying Motion to Dismiss filed by the SEC’s Division of Enforcement on 08/09/2022 on the Form 10 Proceedings, keeping the Form 10 Proceedings alive.
The Form S-1 Proceedings are the extension of, rather than separation from, the Form 10 Proceedings, and vice versa.
All the exhibits related to the Form S-1 Proceedings cited in the SEC’s Brief (Row 02/07/2023), American CryptoFed’s Opposition (Row 04/03/2023), the SEC’s Reply (04/18/2023) and the Initial Decision (Row 05/17/2023) can be found in Row April 13, 2023 (Order # 6902).
Below, please find a reverse chronological disclosure of all the documents and communications related to both the Form 10 proceedings and the Form S-1 proceedings.
