CoinTelegraph

SEC revises $22M penalty against LBRY, seeks $111K instead

The United States securities regulator is seeking to revise its $22 million punishment against decentralized content platform LBRY, acknowledging it is unlikely to be able to cough up the funds to be ...
CoinTelegraph

LBRY says it ‘will likely be dead’ following SEC loss

The SEC initially took LBRY Inc. to court in March 2021 over its LBRY Credit (LBC) tokens, alleging that the firm had been conducting unregistered securities offerings since 2016. The SEC ultimately ...
JD Supra

The SEC Scored Another Crypto Victory in the LBRY Case, but the Sky Is Not Falling

Last week’s wild ride in the crypto-verse started, of all places, in New Hampshire. On Monday, a federal judge ruled that LBRY Credits (“LBC”) are securities, and thus LBRY violated Section 5 of the ...
JD Supra

Federal Court Rules LBRY Offered Security and Rejects Arguments SEC Did Not Provide Fair Notice

We have previously posted about the SEC lawsuit against LBRY. In that post, we noted that while the crypto community is rightfully focused on the Ripple case to see how the SEC will fare in court on ...
CoinDesk

SEC Seeks to Slash $22M Fine on Crypto Firm LBRY to $111K

The U.S. Securities and Exchange Commission (SEC) wants to revise a $22 million penalty set on crypto startup LBRY to $111,614, according to court documents from Friday. The regulator cited LBRY's ...