Once, long ago, cryptocurrency companies operated comfortably in the US. In that quaint, bygone era, they would often conduct funding events called “initial coin offerings,” and then use those raised funds to try to do things in the...
The SEC commissioner said the regulator’s actions “forced a group of entrepreneurs to abandon what they built,” with LBRY announcing in October it planned to wind down operations.
Coinspeaker
LBRY Bids Farewell, Shutting Down after Losing SEC Case
LBRY announced that all of its executives, staff members, and board directors had resigned. According to LBRYs statement, the company will now focus on addressing any remaining...
The crypto world held its breath on Friday as a new challenger entered the regulatory battleground. LBRY, a blockchain-based digital content marketplace, filed notice that it would appeal a previous court decision labeling its LBC token a security....
John E. Deaton files a notice of appearance as an amicus curie in the LBRY case on behalf of Naomi Brockwell. Deaton expresses his commitment to the case regardless of the result. Brockwell previously confirmed her support for LBRY, and is a known...
The decentralized file-sharing platform LBRY announced on Sept. 7 that it will continue to contest the results of a legal case initiated by securities regulators. The U.S. Securities and Exchange Commission (SEC) initially filed charges against LBRY...
The SEC filed a lawsuit in a New Hampshire court arguing that LBRY’s LBC tokens were tokens and not cryptocurrencies. The SEC won a case in November 2022 and LBRY said that it would close. LBRY was also ordered to pay a fine of $111,614. The...
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