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Forensic dossier

TeshuaCoin (TESHUA)

TESHUA · Teshuater — SEC Litigation Release 24787

UtilityClaimed backing by water products — disputed by the SEC; see the dossier.

What the forensic review found

The SEC alleged in Litigation Release 24787 (April 2020) that the 'alkaline water-backed' token was valueless and not actually backed by Teshuater - a filed complaint is an allegation, not a final judicial finding.

This asset was researched forensically under the FORA-01 protocol — a review of issuer terms, custodians, audits, and liabilities — rather than through the whitepaper process.

Primary sources

Research status

Classification: Forensic dossier · Reviewed · The links above are the reviewed evidence.

Machine-readable summary →

👁️ Evidence dossier

Verification classClass DFORA-01 scale — verification, not a quality ranking
Claim type · Redeemable commodity claim · Forensic review
What does the holder own?

Title, redemption claim, fractional ownership, reserve exposure — or just narrative.

The SEC alleged in Litigation Release 24787 (April 2020) that the 'alkaline water-backed' token was valueless and not actually backed by Teshuater - a filed complaint is an allegation, not a final judicial finding.

high confidence
Contradicted
Who holds the underlying?

Needs an identifiable custodian or entity — not a wallet address or a label.

No independent custody evidence; the SEC allegation addresses the backing claim, not a custody record.

high confidence
Unverified
How are reserves checked?

Custodian records → inventory → third-party audit → supply reconciliation.

No independent verification was published; the complaint is counterevidence to the backing claim (recorded under Claim), not a verification record.

high confidence
Unverified
How does redemption work?

Eligibility, minimums, fees, KYC, settlement — and what happens to the token.

No functioning water-redemption mechanism appears in the enforcement record; not independently confirmed as a breached promise.

high confidence
Unverified
Who is liable if redemption fails?

A legally accountable entity and jurisdiction — not a DAO label.

The SEC named Larry Donnell Leonard II, Shuwana Leonard and the associated companies in federal litigation.

high confidence
Verified

❔ UNVERIFIED means not yet researched — not disproven. Rows marked “researched” were investigated and independent evidence was not found. Coverage expands as FORTUNA verifies. Method: FORA-01 Asset Claim Verification Protocol.

❔ Frequently asked questions

What is TeshuaCoin (TESHUA) (TESHUA)?

The SEC alleged in Litigation Release 24787 (April 2020) that the 'alkaline water-backed' token was valueless and not actually backed by Teshuater - a filed complaint is an allegation, not a final judicial finding.

What does the holder own?

The SEC alleged in Litigation Release 24787 (April 2020) that the 'alkaline water-backed' token was valueless and not actually backed by Teshuater - a filed complaint is an allegation, not a final judicial finding.

What is TeshuaCoin (TESHUA)'s verification status?

TeshuaCoin (TESHUA) (TESHUA) carries verification class D (Class D): the evidence contradicts the claim on at least one question. What would change it: New independent evidence would reopen it, in either direction.

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