LBRY

CoinDesk - Unknown
SEC Seeks to Revise $22M Fine on Crypto Firm LBRY to $111K
The U S Securities and Exchange Commission SEC wants to revise a 22 million penalty set on crypto startup LBRY to 111 614 according to court documents from Friday The regulator cited LBRY s lack of funds and near defunct status as reasons for withdrawing its previous request for fine The Hash panel discusses the [...]
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SEC Security Exchange Commission (Mark Van Scyoc/Shutterstock)
SEC Seeks to Slash $22M Fine on Crypto Firm LBRY to $111K
A U.S. judge ruled in November that the crypto startup had violated securities laws by selling its native LBC token without registering with the SEC.
SEC Security Exchange Commission (Mark Van Scyoc/Shutterstock)

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LBRY Token Rally Stalls as Traders Move on From Court Speculation
The token has still nearly doubled in price in the past seven days.
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CDCROP: CFTC And SEC Heads Testify Before Senate Appropriations Committee
Economic Unreality: What SEC ICO Precedents Mean for Ripple
The history and future of crypto securities law told in four acts: Kik, Telegram, Library and Ripple.
CDCROP: CFTC And SEC Heads Testify Before Senate Appropriations Committee

(Staff/Getty Images, modified by CoinDesk)
OFAC Backtracks (Somewhat) on Tornado Cash Sanctions
But not enough to stop lawsuits, says Coin Center.
(Staff/Getty Images, modified by CoinDesk)

The SEC asserted nine cryptocurrencies were securities in an insider trading complaint filed Thursday. (Jesse Hamilton/CoinDesk)
LBRY Sold Tokens as Securities, Federal Judge Rules
The SEC sued LBRY last March on allegations it sold its native LBC token in violation of federal securities laws.
The SEC asserted nine cryptocurrencies were securities in an insider trading complaint filed Thursday. (Jesse Hamilton/CoinDesk)

CoinDesk - Unknown
Why the SEC v. LBRY Crypto Lawsuit Could Be a Landmark Case for the Industry
The SEC sued LBRY last March for allegedly offering unregistered securities to raise a total of $6.2 million starting in 2016. LBRY allegedly offered and sold LBC to institutional investors, using the proceeds to pay bills for operating expenses.
CoinDesk - Unknown

LBRY has likened the SEC's pursuit to that of the relentless French inspector Javert from "Les Miserables." (Gustave Brion via Wikipedia, modified by CoinDesk)
This Tiny Blockchain Startup’s Tangle With SEC Could End Up as Landmark Case
Whether LBRY’s tokens are deemed securities could set an even bigger precedent than Ripple’s higher-profile SEC suit.
LBRY has likened the SEC's pursuit to that of the relentless French inspector Javert from "Les Miserables." (Gustave Brion via Wikipedia, modified by CoinDesk)

The IRS wanted to know about Coinbase's customers a few years ago. Now it's looking at Circle (and Poloniex, which hasn't been part of Circle since 2019).
State of Crypto: The IRS Sets Its Sights on Circle
The IRS has issued a John Doe summons to Circle, in a repeat of its collection of Coinbase customer information. What has changed since then?
The IRS wanted to know about Coinbase's customers a few years ago. Now it's looking at Circle (and Poloniex, which hasn't been part of Circle since 2019).

CoinDesk - Unknown
US Government Sues Decentralized Content Platform LBRY Over $11M in Token Sales
Decentralized content sharing and publishing platform LBRY is being sued by the U.S. Securities and Exchange Commission (SEC) for allegedly selling unregistered securities. “The Hash” panel digs into the details of the lawsuit and the recent history of crypto-related crackdowns from the SEC.
CoinDesk - Unknown