Founders with US affiliation/physicist creating crypto products [1], faulty claims how the relevant Swiss law (BÜPF) applies to them [2], doing crypto in JavaScript on the client side, etc. To me, this smells like Crypto AG [3][4].
[1] https://proton.me/about/team
[2] https://steigerlegal.ch/2019/07/27/protonmail-transparenzber...