Crypto startup LBRY violated securities laws by selling its native LBC tokens without registering with the U.S. Securities and Exchange Commission (SEC), a New Hampshire judge ruled on Monday. The SEC ...
On November 7, 2022, Judge Paul J. Barbadoro in the United States District Court for the District of New Hampshire granted summary judgment in favor of the Securities and Exchange Commission against ...
In reaching its conclusion on the third prong of the Howey test, the Court noted that LBRY “relies on the fact that it informed some potential purchasers of LBC that the company was not offering its ...
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 ...
The case of LBRY highlights a wave of renewed regulatory pressure that could affect both blockchain token-issuing companies and their investors. In November, an over year-long court battle between the ...
A federal judge will only accept limited discovery in trying to figure out the remedies sought by the Securities and Exchange Commission against LBRY Inc., a Manchester video-sharing company that sold ...
Ending its 8-year tenure in the cryptocurrency industry, Blockchain company, LBRY typed its final message in a statement on Odysee, LBRY-powered video-sharing website. The message was also shared on X ...
“The language used here sets an extraordinarily dangerous precedent that makes every cryptocurrency in the U.S. a security,” LBRY tweeted. “Even after five years of fighting and a court ruling, we ...
Quickly and easily calculate foreign exchange rates with this free currency converter. Further Information LBRY Credits - Polygon Ecosystem Token (ex MATIC) Conversion from LBRY Credits to Polygon ...
LBRY credits (LBC) rallied hard this week amid reports of a favorable court case. But traders began giving back their gains Wednesday as their initial euphoria gave way to the more muted reality of a ...
The cryptotoken LBRY credits (LBC), issued by LBRY, a blockchain-based content hosting service, is legally a security according to a decision today from the U.S. District Court for New Hampshire. In a ...
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