The company behind blockchain publishing platform LBRY wrote its own obituary on Twitter yesterday after losing a fight with the SEC earlier this month. In Monday tweets, LBRY, Inc. said it had been ...
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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 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 ...
“Decentralization” is a concept that has consistently vexed the entire blockchain-enabled ecosystem in the U.S., including its counsel and regulators, wherein a lack of clarity on the exact definition ...
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 ...
In granting the SEC’s motion for summary judgment, a federal court ruled that sales of LBC tokens were securities transactions. On November 7, 2022, the Securities and Exchange Commission (SEC) ...
Blockchain-based file-sharing and payment network LBRY appears to be reversing course on an earlier decision to wind down, deciding instead to fight a federal judge ruling in July that sided with the ...
The Securities and Exchange Commission last week sued blockchain company LBRY Inc. for alleged selling unregistered securities in a case that could threaten Americans’ ability to buy and sell popular ...
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