A Federal Judge has ruled that LBRY, Inc, the company behind the LBRY protocol, is liable for violating U.S. securities laws–causing the LBRY token (LBC) to collapse by nearly 18% early today.
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Blockchain publishing platform LBRY Inc. announced that it is shutting down operations as it is unable to pay its debt to the U.S. Securities and Exchange Commission (SEC), its legal team and private ...
The court was unmoved by LBRY’s objections that the regulator’s claims were unfounded and it was not given the chance to operate in compliance with SEC requirements. A United States District Court ...
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