‘This will be our last post’ — LBRY throws in towel against the SEC
“Thank you to everyone who fought with us for online freedom,” the LBRY Inc team said. Go to Source
Jeremy Kauffman
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US Regulator Accuses Lbry Project of Selling Unregistered Securities, CEO Denies Charges
The Securities and Exchange Commission (SEC) has filed a complaint against the blockchain-based file-sharing and payment network called Lbry last week, as the U.S. regulator has accused the company Lbry Inc. of selling unregistered securities. However, the CEO of Lbry denies the project’s native tokens are securities and says the SEC’s logic will put a … Read more
