Why is 1INCH banned in the US?

Could you elaborate on the reasons behind the ban of 1INCH in the United States? Given the growing popularity of cryptocurrencies and decentralized finance, it's intriguing to understand the specific regulations that led to this particular token being prohibited. Are there any specific concerns related to the token's technology, usage, or regulatory compliance? Or is it a broader issue involving the overall regulatory framework for cryptocurrencies in the US? Understanding the nuances behind this ban could provide valuable insights into the current state of crypto regulations in the country.