UNITED STATES OF AMERICA

Before the

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

ADMINISTRATIVE PROCEEDINGS RULINGS

Release No. 6902/April 13, 2023

ADMINISTRATIVE PROCEEDING

File No. 3-21243

In the Matter of :

:

THE REGISTRATION STATEMENT OF : ORDER

AMERICAN CRYPTOFED DAO LLC :

The Securities and Exchange Commission instituted this proceeding with an Order 

Instituting Proceedings on November 18, 2022. The proceeding is a stop order proceeding, 

authorized pursuant to Section 8(d) of the Securities Act of 1933. As the Commission ordered,

the hearing before the undersigned Administrative Law Judge in this proceeding commenced at 

10:00 a.m. EST on December 1, 2022. Hearing sessions were held on December 1, 2, and 6, 

2022, and January 18 and 19, 2023, and the hearing was closed. A post-hearing schedule 

included a date for the parties to file a joint proposed exhibit list. See Tr. 713-15 (Jan. 19, 2023); 

American CryptoFed DAO LLC, Admin. Proc. Rulings Release No. 6896, 2023 SEC LEXIS 163

(Jan. 20, 2023).

The parties filed a joint proposed exhibit list, which is Attachment A to this Order, as 

well as copies of the exhibits. Accordingly, the exhibits listed in Attachment A, will now be 

admitted.

IT IS SO ORDERED. 

/S/ Carol Fox Foelak 

Carol Fox Foelak

Administrative Law Judge
ATTACHMENT A

Division of Enforcement Exhibits

No.

Exhibit Admitted Witness - Date

1 American CryptoFed’s Form S-1 Y N/A - 12/1

1A Form S-1 Exhibit 1: American CryptoFed 

Constitution

Y N/A - 12/1

1B Form S-1 Exhibit 2: Ducat Economic Zone 

Plan

Y N/A - 12/1

1C Form S-1 Exhibit 3: American CryptoFed DAO 

Formation Certificate

Y N/A - 12/1

2 American CryptoFed’s Form 10 Y N/A - 12/1

3 June 15, 2022 Subpoena to American CryptoFed for 

Documents

Y N/A - 12/1

4 June 21, 2022 Subpoena Response Y N/A - 12/1

5 June 28, 2022 Subpoena to Moeller for testimony Y N/A - 12/1

6 July 7, 2022 Moeller Testimony Transcript Y Moeller - 12/2 (portions 

admitted previously, 

eventually the entire 

exhibit admitted)

7 January 8, 2022 MShift Resolution appointing 

Moeller and Zhou as officers of American CryptoFed

Y N/A - 12/1

8 Form RW on Form 10 – 12(g) File No.: 000-56339 

filed on July 5, 2022

Y N/A - 12/1

9 August 4, 2022 SEC correspondence re: June 21, 

2022 Subpoena Response

Y N/A - 12/1

10 August 7, 2022 Follow-up Subpoena Response Y Moeller - 12/2

11 November 6, 2022 Fair Notice Affirmative Defense Y Moeller - 12/2

12 Form S-1 Filing Instructions Y N/A - 12/1

13 May 30, 2022 letter - CryptoFed’s Request for Cease 

and Desist 

Y N/A - 12/1

14 Declaration of Justin T. Dobbie Y N/A - 12/1

15 October 27, 2022 Letter – CryptoFed Fair Notice 

Defense

Y N/A - 12/1

16 November 1, 2022 Letter – CryptoFed Fair Notice 

Defense

Y N/A - 12/1

17 October 8, 2021 SEC Correspondence re: Form 10 Y N/A - 12/1

18 October 8, 2021 SEC Correspondence re: Form S-1 Y N/A - 12/1
19 October 12, 2021 American CryptoFed Letter to 

Commission and Ms. Purnell at the Division of 

Corporation Finance.

Y N/A - 12/1

20 October 28, 2021 Tarasevich letter to Orr Y N/A - 12/2

American CryptoFed DAO LLC Exhibits

No. Exhibit Admitted Witness - Date

1 Form S-1 – Shared Exhibit with Division’s Exhibit 1 Y N/A – 12/1/22

1A Form S-1 Exhibit 1: American CryptoFed Constitution –

Shared Exhibit with Division’s Exhibit 1A.

Y N/A – 12/1/22

1B Form S-1 Exhibit 2: Ducat Economic Zone Plan – Shared 

Exhibit with Division’s Exhibit 1B

Y N/A - 12/1/22

1C Form S-1 Exhibit 3: American CryptoFed DAO 

Formation Certificate – Shared Exhibit with Division’s 

Exhibit 1C

Y N/A -12/1/22

2 American CryptoFed’s Form 10 Registration Statement–

Shared Exhibit with Division’s Exhibit 2 

Y N/A – 12/1/22

3 November 28, 2022 SEC’s Filing Review Process (from 

SEC Website)

Y N/A – 12/1/22

4 November 28, 2022 Motion for More Definite 

Statement and attached 9 Exhibits

Y N/A – 12/1/22

5 November 9, 2021 Non-public Section 8 (e) Order Y N/A – 12/1/22

6 2012 Supreme Court opinion in F.C.C. v. Fox Television 

Stations, Inc., 567 U.S. 239, 253 (2012)

Y N/A – 12/1/22

7 March 11, 2022 Order in SEC v. Ripple Labs, issued by 

Judge Analisa Torres of the Southern District of New 

York, United States District Court

Y N/A – 12/1/22

8 September 15, 2022 Testimony Before the United 

States Senate Committee on Banking, Housing, and 

Urban Affairs

Y N/A – 12/1/22

9 October 8, 2021 Letter from Ms. Erin Purnell on Form 

10. Shared Exhibit with Division’s Exhibit 17

Y N/A – 12/1/22

10 October 8, 2021 Letter from Ms. Erin Purnell on Form S1. Shared Exhibit with Division’s Exhibit 18Y N/A – 12/1/22
No. Exhibit Admitted Witness - Date

11 July 21, 2022 Petition for Rulemaking – Digital Asset 

Securities Regulation

Y N/A – 12/1/22

12 August 8, 2022 In the Matter of American CryptoFed 

LLC’s Response to Follow-up Subpoena and the 

Attached 16 Exhibits

Y N/A – 12/1/22

13 October 29, 2021 Letter from American CryptoFed to 

the Division of Enforcement in Response to American 

CryptoFed’s October 12, 2021 Letter 

Y N/A – 12/1/22

14 October 30, 3021 Letter from American CryptoFed to 

the Division of Enforcement Response to American 

CryptoFed’s October 12, 2021 Letter

Y Dobbie – 12/1/22

15 November 3, 2021 Letter from American CryptoFed to 

the Division of Enforcement Response to American 

CryptoFed’s October 12, 2021 Letter

Y N/A – 12/1/22

16 June 3, 2022 Letter from the Division of Enforcement to 

American CryptoFed: “In the Matter of American 

CryptoFed DAO LLC AP File No. 3-20650” (The Division 

of Enforcement’s Response to American CryptoFed’s 

Letter on Cease-and-Desist Request)

Y N/A – 12/1/22

17 May 30, 2022 Letter from American CryptoFed to the 

Division of Enforcement (American CryptoFed’s Letter 

on Cease-and-Desist Request). Shared Exhibit with 

Division’s Exhibit 13

Y N/A – 12/1/22

18 June 13, 2022 American CryptoFed DAO LLC Request 

for Withdrawal of Registration Statement on Form S-1 

File No.: 333-259603

Y Dobbie – 12/1/22

19 November 6, 2022 Re: American CryptoFed DAO LLC’s 

Fair Notice Affirmative Defense Form S01 File No.: 333-

259603

Y Dobbie – 12/1/22

20 June 17, 2022 Order Denying Form S-1 Withdrawal Y N/A – 12/1/22

21 June 8, 2022 Letter from American CryptoFed to the 

Division of Enforcement (American CryptoFed’s Reply 

to the Division of Enforcement’s Response dated June 

3, 2022)

Y N/A – 12/1/22

22 This number is intentionally skipped

23 October 12, 2021 American CryptoFed’s October 12, 

2021 Letter – Shared Exhibit with Division’s Exhibit 19

Y Dobbie – 12/1/22

24 April 3, 2019 Framework for “Investment Contract” 

Analysis of Digital Assets (SEC Website) 

Y N/A – 12/1/22
No. Exhibit Admitted Witness - Date

25 July 15, 2022 Secure email from Mr. Dobbie to 

American CryptoFed on Form 10 Withdrawal

Y Dobbie – 12/1/22

26 July 22, 2022 Letter from American CryptoFed to Mr. 

Dobbie, Division of Corporation Finance. Form 10 

Withdrawal and Reinstatement File No.: 000-56339

Y N/A – 12/1/22

27 July 22, 2022 Letter from American CryptoFed to Mr. 

Dobbie, Division of Corporation Finance. Fair Notice 

and Order Denying Withdrawal of Form S-1 Registration 

Statement under the Securities Act of 1933. File No.: 

333-259603

Y Dobbie – 12/1/22

28 August 1, 2022 Letter from American CryptoFed to 

Division of Enforcement

Y N/A – 12/1/22

29 August 3, 20222 Secure email from Division of 

Corporation Finance – Justin Dobbie to Scott Moeller

Y N/A – 12/1/22

30 August 4, 2022 Letter from American CryptoFed to 

Division of Corporation Finance, cc’d Enforcement, Re: 

American CryptoFed DAO LLC’s Fair Notice Affirmative 

Defense Form 10 File No.: 000-56339 and Form S-1 File 

No.: 333-259603

Y N/A – 12/1/22

31 August 17, 2022 5th Letter from CryptoFed to Dobbie 

requesting clarity & guidance from the Division to 

complete S-1 Registration

Y Dobbie – 12/1/22

32 November 1, 2022 Letter from CryptoFed to Division of 

Enforcement. Re: American CryptoFed DAO LLC’s Fair 

Notice Affirmative Defense Form S-1 File No.: 333-

259603. Shared Exhibit with Division’s Exhibit 16

Y N/A – 12/1/22

33 This number is intentionally skipped

34 October 16, 2022 Re: American CryptoFed DAO LLC’s 

Fair Notice Affirmative Defense Form S-1 File No.: 333-

259603 

Y N/A – 12/1/22

35 October 23, 2022 Re: American CryptoFed DAO LLC’s 

Fair Notice Affirmative Defense Form S-1 File No.: 333-

259603 

Y N/A – 12/1/22

36 October 27, 2022 Re: American CryptoFed DAO LLC’s 

Fair Notice Affirmative Defense Form S-1 File No.: 333-

259603. Shared Exhibit with Division’s Exhibit 15

Y N/A – 12/1/22

37 June 6, 2022 Re: American CryptoFed DAO LLC Request 

for Withdrawal of Registration Statement on Form S-1 

File No.: 333-259603

Y N/A – 12/1/22
No. Exhibit Admitted Witness - Date

38 July 5, 2022 Re: American CryptoFed DAO LLC Request 

for Withdrawal of Registration Statement on Form 10 –

12(g) File No.: 000-56339 

Y N/A -12/1/22

39 July 31, 2022 Re: American CryptoFed DAO LLC’s Fair 

Notice Affirmative Defense Form 10 File No.: 000-56339 

and Form S-1 File No.: 333-259603 (To Mr. Dobbie) 

Y N/A – 12/1/22

40 August 4, 2022 Re: American CryptoFed DAO LLC’S Fair 

Notice Affirmative Defense Form 10 File No.: 000-56339 

and Form S-1 File No.: 333-259603 (To Mr. Dobbie) 

Y N/A – 12/1/22

41 August 17, 2022 Re: American CryptoFed DAO LLC’s 

Fair Notice Affirmative Defense Form 10 File No.: 000-

56339 and Form S-1 File No.: 333-259603 (To Mr. 

Dobbie) 

Y N/A – 12/1/22

42 August 28, 2022 Re: American CryptoFed DAO LLC’s 

Fair Notice Affirmative Defense Form 10 File No.: 000-

56339 and Form S-1 File No.: 333-259603 (To Mr. 

Dobbie) 

Y N/A – 12/1/22

43 This number is intentionally skipped

44 September 2, 2022 In the Matter of American 

CryptoFed, AP File No. 3-20650 (Mr. Bruckmann) 

Y N/A – 12/1/22

45 October 13, 2022 In the Matter of American 

CryptoFed, AP File No. 3-20650: (Mr. Bruckmann) 

Y N/A – 12/1/22

46 This number is intentionally skipped

47 August 18, 2022 Re: In the Matter of American 

CryptoFed LLC’s Response to Follow-up Subpoena 

Y N/A – 12/1/22

48 January 9, 2022 Re: In the Matter of American 

CryptoFed, AP File No. 3-20650 – Howey Test

Y N/A – 12/1/22

49 January 15, 2022 Re: In the Matter of American 

CryptoFed, AP File No. 3-20650 – Howey Test

Y N/A – 12/1/22

50 January 13, 2022 In the Matter of American CryptoFed, 

AP File No. 3-20650 – Howey Test

Y N/A – 12/1/22

51 This number is intentionally skipped

52 November 22, 2021 Letter from Division of 

Enforcement to American CryptoFed Re: In the Matter 

of American CryptoFed DAO LLC AP File No. 3-20650

Y N/A – 12/2/22

53 November 29, 2021 Letter from Division of 

Enforcement to American CryptoFed in Response to 

Nov. 26,27,28, 2021 Emails sent by American 

CryptoFed.

Y N/A – 12/2/22

54 January 2-10, 2022 Email Communications between 

American CryptoFed and the Division of Enforcement 

regarding Notices of Appearance

Y N/A – 1/19/23
No. Exhibit Admitted Witness - Date

55 August 2012 International Monetary Fund Working 

Paper - The Chicago Plan Revisited

Y N/A – 1/19/23

56 March 1, 2005. Federal Reserve Bank of Dallas -

Economic Insights Volume 10, Number 1 2005 Irving 

Fisher / Origins of Modern Central Bank Policy

Y N/A – 1/19/23

57 August 3, 2021 SEC Chair Gary Gensler - Remarks 

Before the Aspen Security Forum

Y N/A – 1/19/23

58 November 23, 2021, Published on National Law Review 

– DAOsing Rods and the Power of Enforcement 

Prediction – Cited in the Division’s Exhibit 10, page 13.

Y N/A – 1/19/23

59 April 21, 2015 Federal Reserve Bank of Saint Louis -

Making Sense of the Federal Reserve - Who Owns the 

Federal Reserve Banks?

Y N/A – 1/19/23

60 December 5, 2022 American CryptoFed's Motion to 

Request the Division of Enforcement to Produce a 

Witness

Y N/A – 1/19/23

61 Fall 2018 Video Cited in Form 10, Exhibit 2, Section 2.9, 

Page 26. Prof. Gary Gensler, now the SEC Chairman, 

said, "I am not aware of any statute, federal or state, 

that says there's an absolute monopoly on form of 

money......it is legal to create your own form of money. 

But you have to comply with all the other laws...." MIT 

15.S12 Blockchain and Money, Fall 2018 @23:00-25:00, 

Section 2: Money, Ledgers & Bitcoin

Y N/A – 1/19/23

62 June 6, 2018 Video Cited in Form 10, Exhibit 2, Sec. 2.9, 

Page 26. CNBC Interview, 0:16-0:31 SEC Chairman Jay 

Clayton, Entitled: Cryptocurrencies Like Bitcoin Are Not 

Securities

Y N/A – 1/19/23

63 September 17, 2021 Video Captured by Division's 

Investigative File: MAG 2021 Annual Conference 

Networking Reception - Sept. 19, 2021, Orlando, 

Florida. Note; a typographical error in the exhibit. 

Correct date for American CryptoFed video at MAG is 

9/19/2021.

Y N/A – 1/19/23

64 September 27, 2021 Rule 230 Production - Text of 

Speech in MAG 09/19/21 Video, ACFVideoOrlando Text 

Record. Filed in EDGAR on 9/27/21 pursuant to rule 

433.

Y N/A – 1/19/23

65 September 24, 2021 Text of Letter to MAG 2021 

Conference Attendees (Post Conference). Filed in 

EDGAR on 9/28/21 pursuant to Rule 433.

Y N/A – 1/19/23
No. Exhibit Admitted Witness - Date

66 October 4, 2021 Email by Mr. Moeller to Ms. Purnell -

Invitation: ZOOM MTG: SEC and AmericanCryptoFed 

DAO Discussion @ Mon Oct 4, 2021 10:30am - 11:15am 

(PDT)

Y N/A – 1/19/23

67 October 4, 2021 Email Response by Mr. Moeller to Ms. 

Purnell, Confirmation to Use Division WebEx

Y N/A – 1/19/23

68 October 6, 2021 American CryptoFed Amendment No 1 

to Form 10 

Y N/A – 1/19/23

69 October 7, 2021 American CryptoFed Letter to 

Commissioner Peirce, cc'd to Ms. Purnell and Mr. 

McWilliams of the Division of Corporation Finance Re: 

American CryptoFed DAO's Filings of Form 10 and Form 

S-1

Y N/A – 1/19/23

70 This number intentionally skipped

71 October 14, 2021 Email by Mr. Moeller to Mr. Dobbie 

and Ms. Purnell of the Division of Corporation Finance

Y N/A – 1/19/23

72 October 14, 2021 Written and In-Person Testimony 

Miami - Dade County Cryptocurrency Task Force at 

1pm, October 13,2021 EST Miami. Also filed in EDGAR 

on 10/14/21 pursuant to rule 433.

Y N/A – 1/19/23

73 October 27, 2021 Email by Ms. Tarasevich to Orr, 

Moeller and Zhou re scheduling Oct. 2021 discussion of 

Form 10 and Form S-1 registration statements with the 

SEC

Y N/A – 1/19/23

74 October 27, 2021 Email by Ms. Orr to Ms. Tarasevich & 

Division of Enforcement confirming next day Oct 28, 

2021 for the requested Form 10 and Form S-1 

registration statements discussion with the SEC

Y N/A – 1/19/23

75 October 27, 2021 Email thread with Ms. Tarasevich 

confirming time for Oct. 28 WebEx, and invitation to be 

sent.

Y N/A – 1/19/23

76 October 27, 2021 Email by Mr. Moeller to Division of 

Enforcement, and Mr. Zhou including the correct email 

address for Mr. Zhou in the Oct. 28 WebEx invite with 

the Division.

Y N/A – 1/19/23

77 October 27, 2021 Press Release - Miami-Dade County 

Cryptocurrency Task Force and American CryptoFed 

DAO Thanks Wyoming's Cryptocurrency and Blockchain 

Leaders for Educational Discussions. Also filed by 

American CryptoFed in EDGAR on 10/27/21 pursuant to 

rule 433.

Y N/A – 1/19/23
No. Exhibit Admitted Witness - Date

78 October 28, 2021 Letter from Ms. Tarasevich, Assistant 

Director, Cyber Unit of the Division of Enforcement to 

Ms. Orr, American CryptoFed DAO (same as Division's 

Exhibit 20) Re: In the Matter of American CryptoFed, 

MHO-14399

Y N/A – 1/19/23

79 October 28, 2021 Email cover sheet from Ms. 

Tarasevich to Ms. Orr, Mr. Moeller and Mr. Zhou re 

Division Exhibit 20 and Form 1662

Y N/A – 1/19/23

80 This number is intentionally skipped

81 October 29, 2021 Secure Email reply by Ms. Tarasevich, 

to Ms. Orr, cc'd to Division of Enforcement staff, Mr. 

Zhou and Mr. Moeller

Y N/A – 1/19/23

82 This number is intentionally skipped

83 November 1, 2021. Investigation #HO-143999 

Declaration of Leevented Henley Internet Preservation 

of https://www.americancryptofed.org

Y N/A – 1/19/23

84 November 1, 2021 FireShot Pro Webpage Screenshot 

#280 'multiple tabs' pdf.pdf. 

Y N/A – 1/19/23

85 November 1, 2021. Fireshot Pro Webpage Screenshot 

#281 'multiple tabs pdf.pdf.

Y N/A – 1/19/23

86 November 1, 2021 Fireshot Pro Webpage Screenshot 

#282 'multiple tabs pdf.pdf. 

Y N/A – 1/19/23

87 November 1, 2021 Screencapture-americancryptofedorg-2021-11-01-12_14. 17Y N/A – 1/19/23

88 This number is intentionally skipped

89 This number is intentionally skipped

90 January 12, 2022 Email by Mr. Bruckmann to American 

CryptoFed RE: In the Matter of American CryptoFed, 

AP File No. 3-20650 - Howey Test

Y N/A – 1/19/23

91 January 9-14, 2022 Email thread with attachments 

between Mr. Moeller, Ms. Orr and Mr. Bruckmann Re: -

-Howey Test referenced by American CryptoFed Exhibit 

50. 

Y N/A – 1/19/23

92 January 15, 2022. Email sent by Mr. Moeller to Mr. 

Bruckmann Re:--Howey Test with American 

CryptoFed's Exhibit 49 attached in the response.

Y N/A – 1/19/23

93 January 18, 2022 Email by Ms. Orr to Mr. Bruckmann: 

My resignation as CEO cc'd to Division Staff, Mr. 

Moeller and Mr. Zhou

Y N/A – 1/19/23

94 January 18, 2022 Email Mr. Bruckmann in response to 

Ms. Orr, RE: My resignation as CEO

Y N/A – 1/19/23
No. Exhibit Admitted Witness - Date

95 This number is intentionally skipped

96 June 8, 2022 Email thread between American 

CryptoFed and Division of Enforcement. Re: In the 

Matter of American CryptoFed, AP File No. 3-20650: 

Cease and Desist Order Request. Exhibit incorporates 

multiple exhibits, including American CryptoFed 

exhibits 5, 16, 17, and 21.

Y N/A – 1/19/23

97 June 15, 2022 Letter from American CryptoFed to the 

Division of Enforcement, cc'd to Mr. Dobbie, Division of 

Corporation Finance - Re: In the Matter of American 

CryptoFed, AP Section 8(e) Examination Order, 

Subpoena, and Motion to Seal

Y N/A – 1/19/23

98 June 17, 2022 Secure email sent from Mr. Dobbie, 

Division of Corporation Finance to Mr. Moeller, cc'ing 

Mr. Bruckmann. Subject: smail American CryptoFed 

Withdrawal Request. Refers to American CryptoFed 

Exhibit 20

Y N/A – 1/19/23

99 This number is intentionally skipped

100 June 26, 2022 Email thread between Mr. Zhou, Mr. 

Moeller, Mr. Bruckmann & Division of Enforcement 

staff. Mr. Dobbie of Corporation Finance is also cc'd on 

thread. Re: In the Matter of American CryptoFed, AP 

File No. 3-20650: Section 8(e) Examination Order, 

Subpoena, and Motion to Seal

Y N/A – 1/19/23

101 June 28 2022 Secure Email sent by Mr. Baker, cc'd to 

Division Staff notifying Mr. Moeller of subpoena issued 

by SEC Staff.

Y N/A – 1/19/23

102 July 6, 2022 Secure Email - Mr. Baker to Mr. Moeller -

subject: potential testimony documents smail

Y N/A – 1/19/23

103 July 11, 2022 Ltr from American CryptoFed to Mr. 

Dobbie, Acting Office Chief - Division of Corporation 

Finance, cc'd to Division of Enforcement Staff. Re: 

American CryptoFed DAO LLC. Order Denying 

Withdrawal of Registration Statement under the 

Securities Act of 1933. File No.: 333-259603

Y N/A – 1/19/23

104 This number is intentionally skipped

105 July 12, 2022 American CryptoFed Letter to the Division 

of Enforcement, cc'd to Mr. Dobbie, Division of 

Corporation Finance. Re: In the Matter of American 

CryptoFed, AP File No. 3-20650: Motion to Request for 

the Correction of the SEC Press Release on Form 10

Y N/A – 1/19/23
No. Exhibit Admitted Witness - Date

106 July 13, 2022 Division of Enforcement's Second 

Response to American CryptoFed RE: Request for SEC 

Press Release Correction

Y N/A – 1/19/23

107 July 13, 2022 2nd Letter to the Division of 

Enforcement, cc'd Division of Corporation Finance. Re: 

In the Matter of American CryptoFed, AP File No. 3-

20650: Motion to Request for the Correction of the SEC 

Press Release on Form 10

Y N/A – 1/19/23

108 This number is intentionally skipped

109 July 14, 2022. 3rd Ltr. Sent to the Division of 

Enforcement, cc'd Division of Corporation Finance. Re: 

In the Matter of American CryptoFed, AP File No. 3-

20650: Motion to Request for the Correction of the SEC 

Press Release on Form 10

Y N/A – 1/19/23

110 July 15, 2022. 4th Ltr. Sent to the Division of 

Enforcement, cc'd Division of Corporation Finance. Re: 

In the Matter of American CryptoFed, AP File No. 3-

20650: Motion to Request for the Correction of the SEC 

Press Release on Form 10

Y N/A – 1/19/23

111 July 18, 2022 Division of Enforcement Response to 

American CryptoFed RE: Request for SEC Press Release 

Correction 

Y N/A – 1/19/23

112 July 18, 2022 5th Letter to the Division of Enforcement, 

cc'd Division of Corporation Finance. Re: In the Matter 

of American CryptoFed, AP File No. 3-20650: Motion to 

Request for the Correction of the SEC Press Release on 

Form 10

Y N/A – 1/19/23

113 July 19, 2022 Archived Email - Division of Enforcement 

to American CryptoFed RE: Request for SEC Press 

Release Correction

Y N/A – 1/19/23

114 July 20, 2022 6th Ltr. Sent to the Division of 

Enforcement, cc'd Division of Corporation Finance. Re: 

In the Matter of American CryptoFed, AP File No. 3-

20650: Motion to Request for the Correction of the SEC 

Press Release on Form 10

Y N/A – 1/19/23

115 This number is intentionally skipped

116 July 22, 2022 Email sent to Mr. Dobbie, Division of 

Corporation Finance, cc'd to Enforcement Re: American 

CryptoFed DAO LLC Fair Notice and Order Denying 

Withdrawal of Form S-1 Registration Statement under 

the Securities Act of 1933. American CryptoFed Exhibit 

27 is attached.

Y N/A – 1/19/23
No. Exhibit Admitted Witness - Date

117 July 22, 2022 7th Ltr. Sent to the Division of 

Enforcement, cc'd Division of Corporation Finance. Re: 

In the Matter of American CryptoFed, AP File No. 3-

20650: Motion to Request for the Correction of the SEC 

Press Release on Form 10

Y N/A – 1/19/23

118 This number is intentionally skipped

119 This number is intentionally skipped

120 August 4, 2022 Letter from American CryptoFed to the 

Division of Enforcement, cc'd to Corporation Finance 

Re: In the Matter of American CryptoFed, AP File No. 3-

20650:

Y N/A – 1/19/23

121 August 4, 2022 Archived Secure Email - Division of 

Enforcement to American CryptoFed: In the Matter of 

American CryptoFed DAO LLC

Y N/A – 1/19/23

122 August 8, 2022 Letter from American CryptoFed to the 

Division of Enforcement, cc'd to Corporation Finance 

Re: In the Matter of American CryptoFed, AP File NO. 3-

20650:

Y N/A – 1/19/23

123 August 8, 2022 Email from Division of Enforcement to 

American CryptoFed Re: In the Matter of American 

CryptoFed LLC's Response to Follow-up Subpoena

Y N/A – 1/19/23

124 This number is intentionally skipped

125 This number is intentionally skipped

126 October 19, 2022 Email by Mr. Bruckmann to American 

CryptoFed RE: American CryptoFed DAO LLC’s Fair 

Notice Affirmative Defense Form 10 File No.: 000-56339 

and Form S-1 File No.: 333-259603

Y N/A – 1/19/23

127 October 25, 2022 Email reply by Mr. Bruckmann to 

American CryptoFed RE: RE: American CryptoFed DAO 

LLC’s Fair Notice Affirmative Defense Form 10 File No.: 

000-56339 and Form S-1 File No.: 333-259603

Y N/A – 1/19/23

128 October 31, 2022 Email response by Mr. Bruckmann to 

American CryptoFed RE: RE: American CryptoFed DAO 

LLC’s Fair Notice Affirmative Defense Form 10 File No.: 

000-56339 and Form S-1 File No.: 333-259603

Y N/A – 1/19/23

129 November 3, 2022 Email by Mr. Bruckmann to 

American CryptoFed RE: RE: American CryptoFed DAO 

LLC’s Fair Notice Affirmative Defense Form 10 File No.: 

000-56339 and Form S-1 File No.: 333-259603

Y N/A – 1/19/23

130 December 13, 1976 Milton Friedman, 1976, page 283-

284, Inflation and Unemployment, Nobel Memorial 

Lecture, Economic Sciences (Nobel Laureate 1976)

Y N/A – 1/19/23
No. Exhibit Admitted Witness - Date

131 1991, Ben Bernake and Harold James, p.33, "The Gold 

Standard, Deflation, and Financial Crisis in the Great 

Depression: An international Comparison" in Financial 

Markets and Financial Crises 1991 ed. R. Glenn 

Hubbard, University of Chicago Press. (Ben Bernake, 

Nobel Laureate 2022)

Y N/A – 1/19/23

132 December 9, 1991 Ronald H. Coase, 1991, - The 

Institutional Structure of Production, Lecture to the 

memory of Alfred Nobel (Nobel Laureate 1991)

Y N/A – 1/19/23

133 October 1979 Oliver E. Williamson , 1979, p234-235 

Transaction-Cost Economics: The Governance of 

Contractual Relations, Journal of Law and Economics, 

Vol. 22, No. 2. (Nobel Laureate 2009)

Y N/A – 1/19/23

134 September, 1936 The General Theory of Employment, 

Interest, and Money, by John Maynard Keynes

Y N/A – 1/19/23

135 October, 1976 Denationalisation of Money, The 

Argument Refined An Analysis of the Theory and 

Practice of Concurrent Currencies By F.A. Hayek, Page 

46. (Nobel Laureate 1974)

Y N/A – 1/19/23

136 First published September 2, 2001. Revised May 1, 

2018. "The Influence of John Locke’s Works" Published 

by the Stanford Encyclopedia of Philosophy - Publicly 

visible on the URL: 

https://plato.stanford.edu/entries/locke/influence.html 

Y N/A – 1/19/23

137 April 13, 2021 Statement - Token Safe Harbor Proposal 

2.0 by Commissioner Hester M. Peirce on www.sec.gov 

public facing website.

Y N/A – 1/19/23

138 November, 2022 U.S. Bureau of Economic Analysis 

(BEA) Monthly Update - Personal Consumption 

Expenditures Price Index

Y N/A – 1/19/23

139 February 2018 It's Baaack, Twenty Years Later, Paul 

Krugman February 2018 (Nobel Laureate 2008)

Y N/A – 1/19/23

140 August 21 2019 Open Market Operations Explained 

with Examples - Saint Louis Federal Reserve Bank 

Y N/A – 1/19/23

141 Adopted effective January 24, 2012 reaffirmed effective 

January 25, 2022 The Federal Reserve's Statement on 

Longer-Run Goals and Monetary Policy Strategy

Y N/A – 1/19/23

142 November 1, 2021 Mission | Merchant Advisory Group Y Zhou – 1/19/23

143 September, 2017 Bank for International Settlements 

"BIS Quarterly Review, September 2017, page 60"

Y N/A – 1/19/23
No. Exhibit Admitted Witness - Date

144 January 4, 2021 OCC Chief Counsel’s Interpretation on 

National Bank and Federal Savings Association 

Authority to Use Independent Node Verification 

Networks and Stablecoins for Payment Activities

Y N/A – 1/19/23

145 January, 2020 Robert Skidelsky, Keynes v Hayek- The 

Four Buts, page 164-165, in From the Past to the Future 

- Ideas and Actions for a Free Society, A Special 

Meeting, The Mont Pelerin Society

Y N/A – 1/19/23

146 December 3, 2004 FRBSF ECONOMIC LETTER, Number 

2004-35

Y N/A – 1/19/23

147 January, 2005. Federal Reserve Bank of Saint Louis, 

President’s Message: Volcker’s Handling of the Great 

Inflation Taught Us Much

Y N/A – 1/19/23

148 Original Edition, 1949, c. 1998 Ludwig von Mises, page 

39, 1998, Human Action- A Treatise on Economics, 

Scholar's Edition, the Ludwig von Mises Institute

Y N/A – 1/19/23

149 April 13, 2019 Venture Beat Article Why we built our 

blockchain business on EOS instead of Ethereum

Y N/A – 1/19/23

150 October 26, 2018 EOS Energy Consumption vs Bitcoin 

and Ethereum

Y N/A – 1/19/23

151 July 4, 2021 Press Release - The American CryptoFed 

DAO is legally recognized by the State of Wyoming as 

the First Decentralized Autonomous Organization 

(DAO) in the United States.

Y N/A – 1/19/23

152 September 17, 2021 Press Release - American 

CryptoFed DAO Files with the SEC to Be a Public 

Company

Y N/A – 1/19/23

153 July 21, 2016 Article - Digital Transactions: In the Face 

of the National 'Pays,' Some Small Institutions Hedge 

Their Bets

Y N/A – 1/19/23

154 June 12, 2020 Letter: Merchant Advisory Group Letter 

to Wyoming Legislative Select Committee on 

Blockchain, Financial Technology, and Digital Innovation 

Technology

Y N/A – 1/19/23

155 February 20, 2018 Federal Reserve Bank of Boston: 

Mobile Payments Industry Workgroup

Y N/A – 1/19/23

156 November 1, 2021 Merchant Advisory Group 

Engagement Sponsorship

Y N/A – 1/19/23

157 This number is intentionally skipped

158 This number is intentionally skipped

159 This number is intentionally skipped
No. Exhibit Admitted Witness - Date

160 June 21 2022 Re: In the Matter of American CryptoFed, 

AP File No. 3-20650: Section 8 (e) Examination Order, 

Subpoena, and Motion to Seal

Y N/A – 1/19/23

161 July 12, 2022 Request for SEC press Release Correction Y N/A – 1/19/23

162 This number is intentionally skipped

163 July 14, 2022 Request for SEC Press Release Correction Y N/A – 1/19/23

164 July 21, 2022 Request for SEC Press Release Correction Y N/A – 1/19/23

165 August 1, 2022 In the Matter of American CryptoFed 

AP File No. 3-20650

Y N/A – 1/19/23

166 August 3, 2022 In the Matter of American CryptoFed 

AP File No. 3-20650

Y N/A – 1/19/23

167 August 8, 2022 Full Unarchived Email of CryptoFed 

Exhibit 123

Y N/A – 1/19/23

168 September 1, 2022 Re: American CryptoFed DAO LLC's 

Fair Notice Affirmative Defense Form 10 File No.: 000-

56339 and Form S-1 File No.: 333-259603

Y N/A – 1/19/23

169 September 17, 2021. Federal Reserve Bank of San 

Francisco - What is the Fed: Monetary Policy

Y N/A – 1/19/23

170 September 17, 2021 New York Federal Reserve -

Effective Federal Funds Rate

Y N/A – 1/19/23

171 This number is intentionally skipped

172 November, 2017 Bureau of Labor Statistics - A 

Comparison of PCE and CPI- Methodological 

Differences in U.S. Inflation Calculation and their 

Implications

Y N/A – 1/19/23

173 July 1, 1954 – November 1, 2022 Saint Louis Federal 

Reserve – Effective Federal Funds Rate

Y N/A – 1/19/23

174 August 27, 2020 Federal Reserve Board of Governors -

What economic goals does the Federal Reserve seek to 

achieve through its monetary policy

Y N/A – 1/19/23

175 December 19, 2022 Federal Reserve Board of 

Governors - about the Fed

Y N/A – 1/19/23

176 December 19, 2022 Board of Governors - Federal 

Reserve - Open Market Operations.

Y N/A – 1/19/23

177 March, 2021 Federal Reserve Bank of San Francisco 

publication - monetary policy treasury debt

Y N/A – 1/19/23

178 Fall 2018 Gary Gensler, MIT, Fall 2018 Class, Video 

58:00 - 60:00, Section 19. Primary Markets, ICOs & 

Venture Capital, Part 1

Y N/A – 1/19/23

179 December 15, 2022 Release No. 96498 ORDER 

DENYING MOTIONS TO SEAL

Y N/A – 1/19/23
No. Exhibit Admitted Witness - Date

180 September 16, 2022 Release No. 95812 ORDER 

REQUESTING ADDITIONAL BRIEFING

Y N/A – 1/19/23

181 September 15, 2022 Release No. 95799 ORDER 

DENYING MOTION FOR LEAVE TO FILE A MOTION TO 

SET AN EXPEDITED BRIEFING SCHEDULE ON SUMMARY 

DISPOSITION

Y N/A – 1/19/23

182 January 6, 2022 Release No. 93922 ORDER DENYING 

MOTION FOR A BRIEFING SCHEDULE AND DIRECTING 

FURTHER PROCEDURES FOR THE FILING OF MOTIONS

Y N/A – 1/19/23

183 December 16, 2021 Release No. 93806 ORDER 

DENYING MOTION TO APPOINT A HEARING OFFICER 

AND MOTIONS FOR A CONTINUANCE OF THE 

PREHEARING CONFERENCE AND DIRECTING FURTHER 

PROCEDURES FOR THE FILING OF A MOTION FOR 

SUMMARY DISPOSITION

Y N/A – 1/19/23

184 January 12, 2022 Release No. 93971 ORDER DENYING 

MOTIONS FOR A MORE DEFINITE STATEMENT

Y N/A – 1/19/23

185 November 17, 2021 Release No 93600 ORDER 

GRANTING AN EXTENSION OF TIME 11/17/21

Y N/A – 1/19/23

186 January 5, 2022 Release No. 93905 ORDER REGARDING 

MOTIONS FOR JUDGMENT ON THE PLEADINGS

Y N/A – 1/19/23

187 November 10 2021 Release No. 93551 ORDER 

INSTITUTING ADMINISTRATIVE PROCEEDINGS AND 

NOTICE OF HEARING PURSUANT TO SECTION 12(j) OF 

THE SECURITIES EXCHANGE ACT OF 1934

Y N/A – 1/19/23

188 December 3, 2021 Administrative Proceeding File No. 3-

20650 RESPONDENT AMERICAN CRYPTOFED DAO LLC’S 

ANSWER TO ORDER INSTITUTING ADMINISTRATIVE 

PROCEEDINGS AND NOTICE OF HEARING PURSUANT TO 

SECTION 12(j) OF THE SECURITIES EXCHANGE ACT OF 

1934

Y N/A – 1/19/23

189 December 3, 2021 Administrative Proceeding File No. 

3-20650 INDEX OF EXHIBITS FOR AMERICAN 

CRYPTOFED DAO LLC'S ANSWER TO OIP AND MOTIONS 

FOR MORE DEFINITE STATEMENTS NO.1 THROUGH 

NO.7

Y N/A – 1/19/23

190 December 3, 2021 Administrative Proceeding File No. 3-

20650 RESPONDENT AMERICAN CRYPTOFED DAO LLC'S 

MOTION FOR MORE DEFINITE STATEMENT NO.1

Y N/A – 1/19/23

191 December 3, 2021 File No. 3-20650 - RESPONDENT 

AMERICAN CRYPTOFED DAO LLC'S MOTION FOR MORE 

DEFINITE STATEMENT NO. 2

Y N/A – 1/19/23
No. Exhibit Admitted Witness - Date

192 December 3, 2021 FILE No. 3-20650 - RESPONDENT 

AMERICAN CRYPTOFED DAO LLC'S MOTION FOR MORE 

DEFINITE STATEMENT NO. 3

Y N/A – 1/19/23

193 December 3, 2021 File No. 3-20650 - RESPONDENT 

AMERICAN CRYPTOFED DAO LLC'S MOTION FOR MORE 

DEFINITE STATEMENT NO.4

Y N/A – 1/19/23

194 December 3, 2021 File No. 3-20650 - RESPONDENT 

AMERICAN CRYPTOFED DAO LLC'S MOTION FOR MORE 

DEFINITE STATEMENT NO.5

Y N/A – 1/19/23

195 December 3, 2021 File No. 3-20650 - RESPONDENT 

AMERICAN CRYPTOFED DAO LLC'S MOTION FOR MORE 

DEFINITE STATEMENT NO. 6

Y N/A – 1/19/23

196 December 3, 2021 File No. 3-20650 - RESPONDENT 

AMERICAN CRYPTOFED DAO LLC'S MOTION FOR MORE 

DEFINITE STATEMENT NO.7

Y N/A – 1/19/23

197 December 10, 2021 DIVISION OF ENFORCEMENT'S 

OMNIBUS MEMORANDUM IN OPPOSITION TO 

RESPONDENT'S MOTIONS FOR A MORE DEFINITE 

STATEMENT

Y N/A – 1/19/23

198 December 10, 2021 EXHIBITS TO DIVISION OF 

ENFORCEMENT'S OMNIBUS MEMORANDUM IN 

OPPOSITION TO RESPONDENT'S MOTIONS FOR A MORE 

DEFINITE STATEMENT

Y N/A – 1/19/23

199 December 13, 2021 RESPONDENT’S REPLY TO DIVISION 

OF ENFORCEMENT’S OMNIBUS MEMORANDUM IN 

OPPOSITION TO RESPONDENT’S MOTIONS FOR A MORE 

DEFINITE STATEMENT

Y N/A – 1/19/23

200 January 23, 2022 RESPONDENT AMERICAN CRYPTOFED 

DAO LLC’S MOTION FOR LEAVE TO FILE A MOTION

Y N/A – 1/19/23

201 January 23, 2022 RESPONDENT'S EXHIBITS FOR THE 

MOTION FOR LEAVE TO FILE A MOTION

Y N/A – 1/19/23

202 December 15, 2021 RESPONDENT AMERICAN 

CRYPTOFED DAO LLC'S MOTION TO LIFT THE ORDER 

THAT STAYS THE EFFECTIVENESS OF RESPONDENT'S 

FORM 10.

Y N/A – 1/19/23

203 December 15, 2021 EXHIBITS FOR RESPONDENT'S 

MOTION TO LIFT THE ORDER THAT STAYS THE 

EFFECTIVENESS OF RESPONDENT'S FORM 10.

Y N/A – 1/19/23

204 December 22, 2021 DIVISION OF ENFORCEMENT’S 

MEMORANDUM IN OPPOSITION TO RESPONDENT’S 

MOTION TO LIFT THE ORDER THAT STAYS THE 

EFFECTIVENESS OF RESPONDENT’S FORM 10

Y N/A – 1/19/23
No. Exhibit Admitted Witness - Date

205 December 22, 2021 EXHIBITS FOR DIVISION OF 

ENFORCEMENT’S MEMORANDUM IN OPPOSITION TO 

RESPONDENT’S MOTION TO LIFT THE ORDER THAT 

STAYS THE EFFECTIVENESS OF RESPONDENT’S FORM 10

Y N/A – 1/19/23

206 December 25, 2021 RESPONDENT’S REPLY TO DIVISION 

OF ENFORCEMENT’S MEMORANDUM IN OPPOSITION 

TO RESPONDENT’S MOTION TO LIFT THE ORDER THAT 

STAYS THE EFFECTIVENESS OF RESPONDENT’S FORM 10

Y N/A – 1/19/23

207 January 4, 2022 RESPONDENT AMERICAN CRYPTOFED 

DAO LLC'S MOTION FOR EXEMPTION FROM SECTION 

12(G) OF THE SECURITIES EXCHANGE ACT OF 1934

Y N/A – 1/19/23

208 January 6, 2022 DIVISION OF ENFORCEMENT’S 

OPPOSITION TO RESPONDENT’S MOTION FOR 

EXEMPTION FROM SECTION 12(g) OF THE SECURITIES 

EXCHANGE ACT OF 1934

Y N/A – 1/19/23

209 January 9, 2022 RESPONDENT’S REPLY TO DIVISION OF 

ENFORCEMENT’S OPPOSITION TO RESPONDENT’S 

MOTION FOR EXEMPTION FROM SECTION 12(g) OF THE 

SECURITIES EXCHANGE ACT OF 1934

Y N/A – 1/19/23

210 January 9, 2022 RESPONDENT'S EXHIBITS FOR EXHIBIT 

209 

Y N/A – 1/19/23

211 December 19, 2021 RESPONDENT AMERICAN 

CRYPTOFED DAO LLC’S MOTION TO DISMISS THE 

ORDER INSTITUTING ADMINISTRATIVE PROCEEDINGS 

AND NOTICE OF HEARING PURSUANT TO SECTION 12(j) 

OF THE SECURITIES EXCHANGE ACT OF 1934

Y N/A – 1/19/23

212 December 22, 2021 DIVISION OF ENFORCEMENT’S 

OPPOSITION TO RESPONDENT’S MOTION TO DISMISS 

THE ORDER INSTITUTING ADMINISTRATIVE 

PROCEEDINGS

Y N/A – 1/19/23

213 December 26, 2021 RESPONDENT’S REPLY TO DIVISION 

OF ENFORCEMENT’S

OPPOSITION TO RESPONDENT’S MOTION TO DISMISS 

THE ORDER INSTITUTING ADMINISTRATIVE 

PROCEEDINGS

Y N/A – 1/19/23

214 December 18, 2021 RESPONDENT AMERICAN 

CRYPTOFED DAO LLC’S MOTION TO CONFIRM THE 

OPERATION OF FORM 10, SECTION 12(g), 12 (b) AND 12 

(h) OF SECURITIES EXCHANGE ACT OF 1934.

Y N/A – 1/19/23
No. Exhibit Admitted Witness - Date

215 December 18, 2021 EXHIBITS FOR RESPONDENT 

AMERICAN CRYPTOFED DAO LLC’S MOTION TO 

CONFIRM THE OPERATION OF FORM 10, SECTION 12(g), 

12 (b) AND 12 (h) OF SECURITIES EXCHANGE ACT OF 

1934.

Y N/A – 1/19/23

216 December 18, 2021 RESPONDENT AMERICAN 

CRYPTOFED DAO LLC’S MOTION TO CONFIRM THE 

OPERATION OF FORM 10, RULE12b-20 AND SECTION 12 

(c) OF SECURITIES EXCHANGE ACT OF 1934.

Y N/A – 1/19/23

217 December 18, 2021. EXHIBIT INDEX FOR RESPONDENT 

AMERICAN CRYPTOFED DAO LLC’S MOTION TO 

CONFIRM THE OPERATION OF FORM 10, RULE12b-20 

AND SECTION 12 (c) OF SECURITIES EXCHANGE ACT OF 

1934.

Y N/A – 1/19/23

218 December 21, 2021 DIVISION OF ENFORCEMENT’S 

OMNIBUS OPPOSITION TO RESPONDENT’S MOTION TO 

CONFIRM THE OPERATION OF FORM 10, SECTION 12(g), 

12 (b) AND 12 (h) OF [THE] SECURITIES EXCHANGE ACT 

OF 1934 AND MOTION TO CONFIRM THE OPERATION 

OF FORM 10, RULE12b-20 AND SECTION 12(c) OF [THE] 

SECURITIES EXCHANGE ACT OF 1934.

Y N/A – 1/19/23

219 December 23, 2021 RESPONDENT’S REPLY TO DIVISION 

OF ENFORCEMENT’S OMNIBUS OPPOSITION TO 

RESPONDENT’S MOTION TO CONFIRM THE OPERATION 

OF FORM 10, SECTION 12(g), 12 (b) AND 12 (h) OF [THE] 

SECURITIES EXCHANGE ACT OF 1934 AND MOTION TO 

CONFIRM THE OPERATION OF FORM 10, RULE 12B-20 

AND SECTION 12(C)

Y N/A – 1/19/23

220 December 16, 2021. RESPONDENT AMERICAN 

CRYPTOFED DAO LLC’S MOTION TO CONFIRM THE TEXT 

OF SECTION 12(j) OF SECURITIES EXCHANGE ACT OF 

1934 AND MANDATE PROCEDURE

Y N/A – 1/19/23

221 December 16, 2021. EXHIBITS FOR RESPONDENT 

AMERICAN CRYPTOFED DAO LLC'S MOTION TO 

CONFIRM THE TEXT OF SECTION 12(j) OF SECURITIES 

EXCHANGE ACT OF 1934 AND MANDATE PROCEDURE

Y N/A – 1/19/23

222 December 20, 2021. DIVISION OF ENFORCEMENT’S 

OPPOSITION TO RESPONDENT’S MOTION TO CONFIRM 

THE TEXT OF SECTION 12(j) OF [THE] SECURITIES ACT 

OF 1934 AND MANDATE PROCEDURE

Y N/A – 1/19/23
No. Exhibit Admitted Witness - Date

223 December 21, 2021 RESPONDENT’S REPLY TO THE 

DIVISION OF ENFORCEMENT’S OPPOSITION TO 

RESPONDENT’S MOTION TO CONFIRM THE TEXT OF 

SECTION 12(j) OF THE SECURITIES EXCHANGE ACT OF 

1934 AND MANDATE PROCEDURE

Y N/A – 1/19/23

224 December 8, 2021 MOTION FOR A PROCEDURE TO 

DETERMINE THE DATE AND TIME FOR THE PREHEARING 

CONFERENCE

Y N/A – 1/19/23

225 December 10, 2021 DIVISION OF ENFORCEMENT’S 

RESPONSE TO RESPONDENT’S MOTION FOR A 

PROCEDURE TO DETERMINE THE DATE AND TIME FOR 

THE PREHEARING CONFERENCE

Y N/A – 1/19/23

226 December 12, 2021 RESPONDENT’S REPLY TO DIVISION 

OF ENFORCEMENT’S RESPONSE TO RESPONDENT’S 

MOTION FOR A PROCEDURE TO DETERMINE THE DATE 

AND TIME FOR THE PREHEARING CONFERENCE

Y N/A – 1/19/23

227 December 9, 2021 MOTION FOR SCHEDULING THE 

PREHEARING CONFERENCE AFTER THE SECURITIES AND 

EXCHANGE COMMISSION’S RULING ON MOTION FOR 

MORE DEFINITE STATEMENT - NO.2

Y N/A – 1/19/23

228 December 9, 2021 INDEX OF EXHIBIT AMERICAN 

CRYPTOFED DAO LLC’S MOTION FOR SCHEDULING THE 

PREHEARING CONFERENCE AFTER THE SECURITIES AND 

EXCHANGE COMMISSION’S RULING ON MOTION FOR 

MORE DEFINITE STATEMENT - NO.2

Y N/A – 1/19/23

229 December 9, 2021 MOTION FOR A CONFIRMATION 

THAT THE PREHEARING CONFERENCE MUST BE 

CONDUCTED BEFORE A MOTION FOR SUMMARY 

DISPOSITION IS ALLOWED - NO.3

Y N/A – 1/19/23

230 December 9, 2021 INDEX OF EXHIBIT AMERICAN 

CRYPTOFED DAO LLC’S MOTION FOR A CONFIRMATION 

THAT THE PREHEARING CONFERENCE MUST BE 

CONDUCTED BEFORE A MOTION FOR SUMMARY 

DISPOSITION IS ALLOWED - NO.3

Y N/A – 1/19/23

231 December 10, 2021. DIVISION OF ENFORCEMENT’S 

OMNIBUS RESPONSE TO RESPONDENT’S MOTIONS 

REGARDING A PREHEARING CONFERENCE #2 AND #3

Y N/A – 1/19/23

232 December 12, 2021 RESPONDENT’S REPLY TO DIVISION 

OF ENFORCEMENT’S OMNIBUS RESPONSE TO 

RESPONDENT’S MOTIONS REGARDING A PREHEARING 

CONFERENCE #2 AND #3

Y N/A – 1/19/23
No. Exhibit Admitted Witness - Date

233 December 10, 2021 DIVISION OF ENFORCEMENT'S 

RESPONSE TO RESPONDENT'S MOTION FOR A 

PROCEDURE TO DETERMINE THE DATE AND TIME FOR 

THE PREHEARING CONFERENCE (RELATED TO 224-226)

Y N/A – 1/19/23

234 November 14, 2021 NOTICE OF APPEARANCE OF 

MARIAN ORR, SCOTT MOELLER AND XIAOMENG ZHOU 

AS REPRESENTATIVES FOR AMERICA CRYPTOFED DAO 

LLC

Y N/A – 1/19/23

235 January 9, 2022 NOTICE OF APPEARANCE OF SCOTT 

MOELLER AND XIAOMENG ZHOU AS ADDITIONAL 

REPRESENTATIVES FOR AMERICA CRYPTOFED DAO LLC

Y N/A – 1/19/23

236 January 18, 2022. NOTICE OF WITHDRAWAL OF 

MARIAN ORR AS REPRESENTATIVE FOR AMERICAN 

CRYPTOFED DAO LLC

Y N/A – 1/19/23

237 November 14, 2021 MOTION FOR EXTENSION OF TIME 

FOR RESPONDENT TO FILE ANSWER TO THE ORDER 

INSTITUTING ADMINISTRATIVE PROCEEDINGS AND 

NOTICE OF HEARING PURSUANT TO SECTION 12(j) OF 

THE SECURITIES EXCHANGE ACT OF 1934

Y N/A – 1/19/23

238 June 15, 2022 MOTION TO SEAL Y N/A – 1/19/23

239 June 15, 2022 NOTICE UNDER SEAL Y N/A – 1/19/23

240 June 15, 2022 NOTICE ATTACHMENT Y N/A – 1/19/23

241 June 16, 2022 RESPONDENT AMERICAN CRYPTOFED 

DAO LLC’S OPPOSITION TO THE DIVISION OF 

ENFORCEMENT’S MOTION TO SEAL

Y N/A – 1/19/23

242 June 16, 2022 RESPONDENT'S EXHIBITS IN OPPOSITION 

TO THE DIVISION OF ENFORCEMENT'S MOTION TO 

SEAL

Y N/A – 1/19/23

243 June 30, 2022 DIVISION OF ENFORCEMENT'S 2ND 

MOTION TO SEAL

Y N/A – 1/19/23

244 June 30, 2022 NOTICE UNDER SEAL #2 Y N/A – 1/19/23

245 June 30, 2022 RESPONDENT AMERICAN CRYPTOFED 

DAO LLC’S OPPOSITION TO THE DIVISION OF 

ENFORCEMENT’S MOTION TO SEAL

Y N/A – 1/19/23

246 June 30, 2022 RESPONDENT AMERICAN CRYPTOFED 

DAO LLC’S EXHIBITS FOR THE OPPOSITION TO THE 

DIVISION OF ENFORCEMENT’S MOTION TO SEAL

Y N/A – 1/19/23

247 September 21, 2022 DIVISION OF ENFORCEMENT'S 

SUPPLEMENTAL BRIEF REGARDING MOTIONS TO SEAL

Y N/A – 1/19/23
No. Exhibit Admitted Witness - Date

248 September 29, 2022 RESPONDENT AMERICAN 

CRYPTOFED DAO LLC’S RESPONSE TO THE DIVISION OF 

ENFORCEMENT’S SUPPLEMENTAL BRIEF REGARDING 

MOTIONS TO SEAL

Y N/A – 1/19/23

249 August 9, 2022 NOTICE OF MOOTNESS, MOTION TO 

DISMISS, AND INCORPORATED MEMORANDUM OF 

LAW

Y N/A – 1/19/23

250 August 10, 2022 American CryptoFed DAO's Opposition 

to the Division of Enforcement's Motion to Dismiss with 

a Fair Notice Affirmative Defense

Y N/A – 1/19/23

251 September 18, 2022 RESPONDENT AMERICAN 

CRYPTOFED DAO LLC’S STATEMENT WITHDRAWING ITS 

OPPOSITION TO THE DIVISION OF ENFORCEMENT’S 

MOTION TO DISMISS THE OIP

Y N/A – 1/19/23

252 December 21, 2021 DIVISION OF ENFORCEMENT’S 

MOTION FOR A BRIEFING SCHEDULE AND 

INCORPORATED MEMORANDUM OF LAW.

Y N/A – 1/19/23

253 December 21, 2021 DOE EXHIBIT 1 TO MOTION FOR A 

BRIEFING SCHEDULE

Y N/A – 1/19/23

254 December 27, 2021 RESPONDENT'S OPPOSITION TO 

DIVISION OF ENFORCEMENT'S MOTION FOR A 

BRIEFING SCHEDULE AND INCORPORATED 

MEMORANDUM OF LAW

Y N/A – 1/19/23

255 December 28, 2021 DIVISION OF ENFORCEMENT’S 

REPLY IN SUPPORT OF ITS MOTION FOR A BRIEFING

SCHEDULE.

Y N/A – 1/19/23

256 March 24, 2022 DIVISION OF ENFORCEMENT’S 

MOTION FOR LEAVE TO FILE A MOTION TO SET A 

BRIEFING SCHEDULE

Y N/A – 1/19/23

257 March 24, 2022 RESPONDENT AMERICAN CRYPTOFED 

DAO LLC’S OPPOSITION TO THE DIVISION OF 

ENFORCEMENT’S MOTION FOR LEAVE TO FILE A 

MOTION TO SET A BRIEFING SCHEDULE

Y N/A – 1/19/23

258 March 24, 2022 RESPONDENT AMERICAN CRYPTOFED 

DAO LLC EXHIBIT TO IT'S OPPOSITION TO THE DIVISION 

OF ENFORCEMENT’S MOTION FOR LEAVE TO FILE A 

MOTION TO SET A BRIEFING SCHEDULE 

Y N/A – 1/19/23

259 June 8, 2022 DIVISION OF ENFORCEMENT’S MOTION 

FOR LEAVE TO FILE A MOTION TO SET AN EXPEDITED 

BRIEFING SCHEDULE

Y N/A – 1/19/23
No. Exhibit Admitted Witness - Date

260 May 30, 2022 DOE EXHIBIT 1 FOR LEAVE TO FILE A 

MOTION TO SET AN EXPEDITED BRIEFING SCHEDULE TO 

FILE A MOTION TO SET AN EXPEDITED BRIEFING 

SCHEDULE

Y N/A – 1/19/23

261 June 9, 2022 RESPONDENT AMERICAN CRYPTOFED 

DAO LLC'S OPPOSITION TO THE DIVISION OF 

ENFORCEMENT'S MOTION FOR LEAVE TO FILE A 

MOTION TO SET AN EXPEDITED BRIEFING SCHEDULE

Y N/A – 1/19/23

262 June 9, 2022 EXHIBITS FOR RESPONDENT AMERICAN 

CRYPTOFED DAO LLC'S OPPOSITION TO THE DIVISION 

OF ENFORCEMENT'S MOTION FOR LEAVE TO FILE A 

MOTION TO SET AN EXPEDITED BRIEFING SCHEDULE

Y N/A – 1/19/23

263 December 20, 2022 (Captured) SEC’s Description for a 

Ponzi Scheme

Y Zhou – 1/19/23

264 Published in 1823; Locke’s Second Treatise, from The 

Works of John Locke. A New Edition, Corrected. In Ten 

Volumes. Vol. V. Originally published 1689

Y Zhou - 1/19/23

265 December 1, 1999 The Nobel Foundation: Robert 

Mundell Interview (Transcript)

Y N/A – 1/19/23

266 November 5, 2015 Ben S. Bernanke, 2015, Federal 

Reserve Policy in an International Context, Brookings 

Institution.

Y Zhou - 1/19/23

267 May 26, 2020 The COVID-19 Fiscal Multiplier: Lessons 

from the Great Recession

Y N/A – 1/19/23

268 July 7, 2005 The Trilemma in Practice: Monetary Policy 

Autonomy in an Economy with a Floating Exchange 

Rate

Y N/A – 1/19/23

269 December 1, 2022 Deloitte – Revenue Recognition Y Zhou - 1/19/23

270 This number is intentionally skipped

271 July 14, 2022 Yahoo Finance Video interview of Chair 

Gensler entitled, "SEC Chair: Investors need to know 

'someone is not lying to them'". Transcript excerpt and 

hyperlink to full interview and transcript.

Y N/A – 1/19/23

272 October, 1945 In the Matter of RED BANK OIL 

COMPANY Securities and Exchange Commission 

SECURITIES ACT OF 1933, Section 8 (d), Release No. 

3095 October 11, 1945 20 S.E.C. 863

Y Zhou – 1/18/23

273 April, 1957 U.S. Supreme Court's Decision: Fourco 

Glass Co. V. Transmirra Products Corp., 353 U.S. 

222,228 (1957)

Y Zhou – 1/18/23
No. Exhibit Admitted Witness - Date

274 Last Updated January 20, 2022 Federal Reserve Board 

of Governors - FAQs - What is a Central Bank Digital 

Currency?

Y Zhou – 1/19/23

275 October 20, 2014 Federal Reserve Bank of St. Louis -

The Gold Standard

Y Zhou – 1/19/23

276 November 10, 2021 ORDER INSTITUTING 

ADMINISTRATIVE PROCEEDINGS AND NOTICE OF 

HEARING PURSUIANT TO SECTION 12(j) OF THE 

SECURITIES EXCHANGE ACT OF 1934

Y N/A – 1/19/23

277 December, 2021 FASB conceptual Framework for 

Financial Reporting

Y Zhou – 1/19/23

278 September, 2019 U.S. Securities And Exchange 

Commission Rules of Practice

Y N/A – 1/19/23

279 April, 2022 "Contingencies, Loss Recoveries, and 

Guarantees" – Deloitte

Y Zhou – 1/19/23

280 March 16, 2021 Introducing SafeSnap: The first in a 

decentralized governance tool suite for the Gnosis Safe

Y Zhou – 1/19/23

281 April 6, 2021 Announcing Gnosis Auction Launch Y N/A – 1/19/23

282 February 17, 2022 Centre Announces Verite - A 

Decentralized Identity Solution for Crypto Finance

Y N/A – 1/19/23

283 February 17, 2022 Verite - Decentralized Identity for 

the Crypto Economy

Y N/A – 1/19/23

284 January 11, 2023 Merchant Advisory Group Members Y N/A – 1/19/23

285 September 30, 2022. St. Louis Federal Reserve - Federal 

Surplus or Deficit Graph

Y N/A – 1/19/23

286 December 20, 2022 DIVISION OF ENFORCEMENT'S 

OBJECTIONS TO RESPONDENT'S ADDITIONAL 

PROPOSED EXHIBITS

Y N/A – 1/19/23

287 December 22, 2022 DIVISION OF ENFORCEMENT'S 

OBJECTIONS TO RESPONDENT'S ADDITIONAL 

PROPOSED EXHIBITS 179 to 271

Y N/A – 1/19/23

288 January 2, 2023 RESPONDENT AMERICAN CRYPTOFED 

DAO LLC'S RESPONSE TO DIVISION OF ENFORCEMENT'S 

TWO OBJECTIONS TO RESPONDENT'S ADDITIONAL 

PROPOSED EXHIBITS

Y N/A – 1/19/23

289 November 8, 2021 The U.S. Conference of Mayors and 

Payment

Y Zhou – 1/19/23

290 September 17, 2021 Correspondence Filing Recorded 

in Edgar on Sept 17 2021.

Y N/A – 1/19/23

291 June 21, 2022 Gnosis Safe Multi Signature Y Zhou – 1/19/23