Judge rules LBRY video platform’s token is a security in case brought by the US SEC

by Aurelia Butler 7 November 2022, 22:20 169 Views

According to the SEC, LBRY raised more than $11 million in U.S. dollars, Bitcoin, and services from investors between 2016 and 2021 without filing a registration statement containing “the information required for such an offering to the public.” LBRY did not hold an initial coin offering, and the SEC did not allege fraud in the case.

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Source: Cryptocurrency - investing.com

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Judge rules LBRY video platform’s token is a security in case brought by the US SEC

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