Hester Peirce speaks out against LBRY enforcement action: ‘The market could have decided’

by Aurelia Butler 28 October 2023, 23:40 139 Views

In an Oct. 27 statement, Peirce described feeling “unsettled” following the SEC’s enforcement action against LBRY in March 2021. In November 2022, a judge ruled in favor of the SEC, stating that the firm’s LBC token was a security. Though LBRY appealed the decision, the company announced in October that it planned to wind down, citing millions of dollars in debt due to legal costs.

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Source: Cryptocurrency - investing.com

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Hester Peirce speaks out against LBRY enforcement action: ‘The market could have decided’

U.A.W. Reaches Tentative Deal With Stellantis, Following Ford

UAW in tentative deal to end labor strike with Stellantis but expands its strike at General Motors

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