Crypto Firm LBRY to Challenge Ruling It Violated U.S. Securities Law

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Set 10 2023

Crypto startup LBRY filed its intent to appeal a New Hampshire court’s decision that it failed to register with the U.S. Securities and Exchange Commission (SEC). The SEC filed suit in 2022 alleging the blockchain-based file-sharing network had violated federal securities laws with the sale of its native LBRY credits (LBC), which the firm maintained were not securities…

https://www.coindesk.com/business/2023/09/08/crypto-firm-lbry-to-challenge-ruling-it-violated-us-securities-law/?utm_medium=referral&utm_source=feedly&utm_campaign=headlines

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