The stick was in the pc. I removed the stick, cleared the codemeter event window. Plugged in the stick and this is the event log:
2022-02-08 02:51:47: Removable Device has been plugged IN/OUT!
2022-02-08 02:51:51: UBL-Trace Port UMS:
2022-02-08 02:51:51: Error updating port UMS
2022-02-08 02:51:51: The list of available CmContainers has been updated!
2022-02-08 02:51:51: Access from local(IPV4) to SubSystem (Handle 142)
2022-02-08 02:51:51: Handle 142 released
List of all connected license entries:
========================================================
1.) FC=5000173 (Ref=5952) in CmContainer with Serial Number 32767-60993 and version 1.19
2022-02-08 02:52:07: Runtime Event RT410-535 (60993) occurred.
2022-02-08 02:52:07: Runtime Event RT410-535 (60993) occurred.
2022-02-08 02:52:07: Runtime Event RT410-535 (60993) occurred.
2022-02-08 02:52:07: Runtime Event RT410-535 (60993) occurred.
2022-02-08 02:52:07: Runtime Event RT410-535 (60993) occurred.
2022-02-08 02:52:07: Runtime Event RT410-535 (60993) occurred.
2022-02-08 02:52:07: Runtime Event RT410-535 (60993) occurred.
2022-02-08 02:52:07: Runtime Event RT410-535 (60993) occurred.
2022-02-08 02:52:08: Access from local(IPV4) to SubSystem (Handle 147)
2022-02-08 02:52:08: Handle 147 released
2022-02-08 02:52:08: Runtime Event RT410-535 (60993) occurred.
2022-02-08 02:52:08: Runtime Event RT410-535 (60993) occurred.
2022-02-08 02:52:08: Runtime Event RT410-535 (60993) occurred.
2022-02-08 02:52:08: Runtime Event RT410-535 (60993) occurred.
2022-02-08 02:52:08: Runtime Event RT410-535 (60993) occurred.
2022-02-08 02:52:08: Runtime Event RT410-535 (60993) occurred.
2022-02-08 02:52:08: Runtime Event RT410-535 (60993) occurred.
2022-02-08 02:52:08: Runtime Event RT410-535 (60993) occurred.
2022-02-08 02:52:08: Box Event HW70-536 (60993) occurred.
2022-02-08 02:52:08: EBL-Trace: CX1CX1CX1CX1CX1CX1CX1CX1CX1CX1CX1CX1CX1CX1CX1CX1AH2
FUC=0-10, FAC=65535, Type=0x0001, FPT=2000-01-01 00:00:00 (UTC)
Text: ESIMGAMES
1.1) PC=0 (Ref=18/Dependency=0x07)
========================================================
2.) FC=5000173 (Ref=5824) in CmContainer with Serial Number 128-19673405 and version 1.19
FUC=75974-5, FAC=65535, Type=0x0000, FPT=2022-02-08 02:50:05 (UTC)
Text: eSim Games, LLC
2.1) PC=71091 (Ref=16/Dependency=0x07)
License Quantity=1, Network Mode: UserLimit NouserLimit Exclusive StationShare
UP=30 days (Dependency=0x07) - StartTime=2021-01-21 13:44:26 (UTC)
Secret Data (#=32, Type=136/Dependency=0x07): No readable data!
Extended Protected Data (#=16, Type=136/Dependency=0x07):
0x0000: 6c 63 64 63 00 01 a8 5c 00 00 00 00 00 00 01 00
Text (#=13/Dependency=0x00): SB Pro PE ACT
2022-02-08 02:52:09: Access from local(IPV4) to SubSystem (Handle 152)
2022-02-08 02:52:09: Handle 152 released
The weird thing is that with version 268 it was fine and with 267 installed it does not work.